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The Bend housing market is again making headlines. Today in an article the "Housing Predictor" ranked Bend as number one in the worst 25 housing markets for 2011. The national article from the "Housing Predictor" ranked the top 25 markets where they are projecting the largest home price drops. Bend ranked number one with a predicted price decline of about 11.5%. Las Vegas was second at 10.8% and Atlanta, Georgia made the list, but just barely, at number 25. The report estimated homeowners will see an 8.2% drop this year. There is a silver lining to the national article: overall, it says home prices across the country are stabilizing.  One reason the article gave for Bend being number one could possibly be the fact that we're such large market of second homes.

 

 

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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.