Joe Pags

ON AIR NOW

Joe Pags

6:00pm - 9:00pm

Contact
Local News


Leaders with the Central Oregon Builders Association are seeing some encouraging signs in our local economy. COBA spokesman Tim Knopp says a recent report that shows a dramatic drop in the Bend median home price mostly points to fewer high end homes being sold. He adds that local home builders are looking at a more optimistic picture going forward: KBND: “How are you feeling in general about the industry??” COBA spokesman Tim Knopp: “Things are definitely improving. If you look at the year over year number of building permits, they are continuing to increase, and they have been over the past three years. It’s just at a lower level and so what we see a positive trend of foreclosures being bought up and absorbed back into the system and that's going to pave the way for more new product to come onto the market." In an average year, COBA sees about 1000 permits in Bend, and that's been running at around 350 to 400 recently. At the bottom of the market, Knopp says they had only 150 new building permits. In other local home builder news; Dan Pahlisch of Pahlisch Homes was just named the President of COBA for 2012.

 

 

Share

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.
  • Roundabout at intersection of NW Shevlin Park Road and NW Mt. Washington Drive for roundabout reconstruction, road closure with detours, 5/13/19 - 6/27/19.
  • SE Cessna Drive between SE Piper Drive and SE Craven Road for waterline installation, road closure with detour, 5/20/19 – 6/6/19.
  • NE 6th Street between NE Greenwood Avenue (US Hwy 20) and NE Majesty Lane for asphalt speed hump installation, pavement markings, and concrete work at several intersections, rolling one block closures and detours along with day time flagging, 4/29/19 – 6/15/19.
  • Brosterhous Road between American Lane and Jacklight Lane for sewer main installation, southbound lane closures with detours, until 7/15/19.
KBND ON FACEBOOK
 
 
FOLLOW US ON TWITTER