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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

 

 

 

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

 

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

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

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.

 

R.A.B. Construction:

 

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

 

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

 
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