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There are signs of life in the local real estate market. Darren Powderly with Compass Commercial Real Estate says retail space in the Bend area is doing especially well. “The vacancy rate for the retail sector is 8.2% and that is a healthy range. Anything between 6% to 8%.” While Bend is doing better, Redmond still has room for improvement. Redmond's industrial vacancy rate is nearly 28%. Powderly says bank owned properties continue to drag down local housing prices, but admits you can get some great deals right now.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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