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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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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.