KBND Logo

 

On Air Now

John Kruse
ON AIR NOW
John Kruse
5:00am - 6:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Listen to Heather Roberts, Jay Reese, Troy Reinhart and daCount weekdays on the KBND Morning News!
Local News


Leaders with the Central Oregon Builders Association are seeing some encouraging signs in our local economy. COBA spokesman Tim Knopp says a recent report that shows a dramatic drop in the Bend median home price mostly points to fewer high end homes being sold. He adds that local home builders are looking at a more optimistic picture going forward: KBND: “How are you feeling in general about the industry??” COBA spokesman Tim Knopp: “Things are definitely improving. If you look at the year over year number of building permits, they are continuing to increase, and they have been over the past three years. It’s just at a lower level and so what we see a positive trend of foreclosures being bought up and absorbed back into the system and that's going to pave the way for more new product to come onto the market." In an average year, COBA sees about 1000 permits in Bend, and that's been running at around 350 to 400 recently. At the bottom of the market, Knopp says they had only 150 new building permits. In other local home builder news; Dan Pahlisch of Pahlisch Homes was just named the President of COBA for 2012.

 

 

Share

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road closed between Butler Market Road and Bennington Lane. (8/18)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
LinkedUpRadio Envisionwise Web Services