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Lars Larson
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Lars Larson
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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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Traffic & Weather

 

 

 

 

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.

 
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