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Foreclosures and short sales continue to go on the market in Central Oregon, but realtors say its not decimating the market as feared. Builders are starting to build again because inventory is getting so low.

 

Terry Skjersaa with Duke Warner Realty says things are looking up. “Builders can build and there's demand for it and the builders who are building are selling. They are going under contract before even finished.” Distressed properties accounted for more than 60% of the homes on the market in Bend in 2009. Today it accounts for 11%.

 

 

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Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Brosterhous Road CLOSED from Parrell Road to Brentwood Avenue (7/3)
  • Lane Closure on Mt. Washington Drive between Archie Briggs Road (7/1)
  • Smoke Stack Lane CLOSED between N.E. Sierra and Comet Lane (7/1)
  • Road Closures in the area of Summit High School for a cycling event 3:45 p.m. - 7: 45 p.m. (July 1, 8, 16, 29)
 
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