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Local News


A spokesman for local real estate agents isn't alarmed by a new report showing home prices falling in Bend and Redmond. A report issued Tuesday compares November 2009 to November 2010, and shows a 9% drop in the median price of homes in both cities. Tom Green, Past President of the Central Oregon Board of Realtors, says year-over-year price decline reflects the fact that we're bouncing along the bottom of the market. But going forward he's seeing signs of life: “More and more people are saying that they're busy. Six months ago we weren't getting a lot of people saying they were working with buyers. But now, just about everybody I know in the business is working with one or two buyers and more and more reports like that are coming out.” Green believes there is a lot of pent up demand for homes and that more buyers and higher prices will hit the market this spring.

 

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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