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Bend financial advisor Troy Reinhart was one of about 300 local business leaders and others who attended the Bend Chamber 2012 Real Estate Forecast Breakfast this morning. He says he left the meeting encouraged and feeling bullish about the local real estate market. One topic that was raised was the impression that more people are leaving Central Oregon than coming in: “One of the questions was: a realtor in the audience asked when is the mass exodus of people leaving going to end. And both the speakers were puzzled because really even during the worst of this we having had a loss of population here in Central Oregon, but what people are feeling is that the rate of growth has slowed. You don't feel a decline out there.” Reinhart says the data shows that we clearly went through a big bubble and appear to be coming out the other side. Going forward, experts are predicting slower, more normal and healthy growth in Central Oregon.

 

 

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Traffic & Weather

 

 

 

  • Lane closures and detours Mt. WA Dr at Shevlin Park Road North to Regency (7/11-11/30)

 

  • Road closures along Roosevelt Ave >< Silver Lake Blvd -Chamberlain St. 7a-5p (9/6-11/20)

 

  • 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 – November.
 
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