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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

 

 

 

  • 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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