Housing
By Damon Runberg Regional Economist Crook, Deschutes, Jefferson, Klamath, and Lake counties damon.m.runberg@oregon.gov It has been well documented that in Central Oregon, particularly Bend, housing is in short supply. According to data from the Multiple Listing Service analyzed by the Beacon Appraisal Group we see that available inventory of residential real estate has remained below…
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by Damon Runberg Regional Economist Crook, Deschutes, Jefferson, Klamath, and Lake counties damon.m.runberg@oregon.gov (541) 706-0779 Several years ago I produced some analysis that calculated who can afford housing in Bend. The relatively high cost of living even back in 2016 was leading many within the community to worry that meaningful contributors to our local workforce were…
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Bob Kendrick, an Ashland developer is moving forward with his “Grand Terrace” project that he has been working on for 7 years. The 17 acre site on the north end of Ashland will have 12 buildings when complete. He plans on building 4 at a time. Each building will contain 21 One bedroom units of…
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By Jim Teece Publisher – Southern Oregon Business Journal It has been nearly seven months since the wildfires of 2020 devastated Oregon with over 2,500 homes lost just in Southern Oregon. I noticed that the FEMA trailers that were parked at the Jackson County Expo, that have been there for months waiting for spots to…
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I sat down with Steve Erb, Chief Strategy Officer of People’s Bank to talk about the new mixed-use bank building he just oversaw the construction of in Klamath Falls. It’s the first mixed-use building the bank has built and might become a blueprint for future branches. The bank occupies the entire first floor of the…
Read MoreBy Josh Lehner Oregon Office of Economic Analysis oregoneconomicanalysis.com One of the darker, underlying currents to the housing discussion is something along the lines that it’s the builders and developers who benefit the most, often described as exploiting or eroding our livability and quality of life. Usually this is couched in, shall we say, more…
Read MoreHunter to provide up to 1 Gbps symmetrical fiber broadband internet Hunter Communications (Hunter), the premier fiber-optic communications services provider in southern Oregon and northern California, has been awarded $19.2 million through the Federal Communication Commission’s Rural Digital Opportunity Fund (RDOF) Phase I auction. Hunter will deploy 100% fiber-optic broadband networks to offer up to 1 gigabit symmetrical internet services to…
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Did you know that on any given night in Coos and Curry Counties, over 700 people are homeless? While often viewed as an “urban” problem, homelessness and housing insecurity are also experienced in rural communities. While the causes that result in homelessness are complex, the solution is well known – more affordable housing where people…
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By Press Release Chair Darby Ayers-Flood Chair of the Board of Directors Urban Renewal Agency of the City of Talent mayor@cityoftalent.org The Board of Directors of the Urban Renewal Agency of the City of Talent were recently notified by People’s Bank of Commerce Foundation of a $250,000 grant award to provide housing for fire victims…
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By Brad Cartier stessa.com Diana Olick of CNBC opened up the week with some interesting real estate data to put 2020 to a close. Although mortgage applications fell 5% last week, they are still 26% higher than they were at the same time last year. Refinance volume jumped 4% as well last week and is…
Read MoreHousing Production Strategy Rules At their meeting on November 12, 2020, the Land Conservation and Development Commission (LCDC) passed new rules to implement House Bill 2003 from the 2019 legislative session. The primary goal of the bill is to help satisfy unmet housing needs in Oregon through the development of housing production strategies. Forty-nine (49)…
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Solutions to inadequate housing supply, rising rents, a lack of public services and shelter space must be approached collaboratively by public, private, non-profit and philanthropic sectors Affordable housing and homelessness together represent a statewide crisis that must be tackled by all levels of government, philanthropy, nonprofits and businesses working together on collaborative solutions, says a…
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