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Good news for landlords, maybe not so good for renters. Rents in Bend are going up because: “Our vacancy factors are way down. For example in Bend, for all types of residential rental properties.   The number of units that would be vacat per hundred is 3.69%. That is down from about 10% last year.” Central Oregon Rental Owners Association President Lawnae Hunter says that is good news because it means that property owners will be able to increase their return on investment.   She says that's important for owners to be able to afford to provide rentals.   Her forecast is that landlords will probably raise rents about 5%.   The average rent for a Bend duplex at $615 could go up to $630 or $640.   She says many homeowners who were foreclosed on or had to short sell their homes are now in the rental market.

 

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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.