From the Bend Bulletin:
Central Oregon homes sales are coming off of one of their worst winters in a decade, and the tenor of the industry’s sales incentives is changing.Gone are the offers of free cars and Pottery Barn gift certificates.In their place: cold, hard cash.At Renaissance Homes, President Randy Sebastian is offering $12,000 to $14,000 […]
From the Bend Bulletin:
The top official at Central Oregon’s division of Knife River Corp. said Tuesday that the excavation company has laid off 15 percent of its work force since November and that more staff cuts could occur.The layoffs, which amount to 70 to 75 of Knife River’s 465 jobs, are all due to market […]
From the Bend Bulletin:
Central Oregon’s real estate market has cooled, but it won’t likely reach the depths of 1986, according to one longtime builder who says a diverse approach will steer his company through the slowdown.That’s when the city of Redmond issued only a handful of commercial and residential building permits throughout the entire year, […]
From the Bend Bulletin:
When Chemica Technologies, a Bend-based biotech research firm, pulled up stakes and moved to Portland last year, the managers at Grace Bio-Labs didn’t hesitate.Grace, a maker of patented labware for the molecular study of cells, was about to burst out of its space on Empire Avenue, Business Development Director Michelle Carney said. […]
Oregon boasts annual appreciation rate of 19.47% with Bend’s 37% appreciation rate coming in at number one in the nation.
House Price Bookmark
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Original post by Clint8200
House Price Bookmark
These icons link to social bookmarking sites where readers can share and discover new […]
As if the housing slump wasn’t enough of a blow to Bend now commercial real estate takes a hit.
From the Bend Bulletin:
REDMOND — A string of new buildings, some empty and others half-filled, line this city’s light-industrial corridor — a reflection of what happens when a slowing economy collides with too much speculative construction, according […]
From The Bend Bulletin:
The Interfor Pacific sawmill in Gilchrist is sitting idle this week, as it has for most of the year so far.It is scheduled to start up again next week. After that, managers of the mill, whichemploys about 120 people, will decide whether to operate on a week-by-week basis.“It’s just very difficult, tough […]
From the Bulletin:
Paul Helikson stepped into the swirling snow on the steps of the Deschutes County Courthouse on a Thursday morning just before Christmas and barked out the legal singsong that brought an all-too-familiar end to a homeowner’s dreams.Another day, another foreclosure auction.As is usually the case, nobody raised a hand to bid on the […]
From the Bend Bulletin: (yes they did a housing article)
A bank foreclosure on a 38-acre chunk of land in northeast Bend has dropped land costs to the point where a group of Bend developers say they’ll be able to sell new houses again this summer for as little as $189,900 apiece, or a little more […]
Its awfully quiet at the Bend Bulletin, they haven’t published a housing article in months. Is anybody following the Central Oregon market?
Please share your thoughts and news sources.
Original post by Clint8200
House Price Bookmark
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