Housing
HB 2984 passed and is awaiting the signature of Governor Kotek – The bill requires local governments to allow conversion of a building from commercial to residential use without requiring a zone change or conditional use permit. Shifts in the retail industry toward online shopping, and the advancement of remote work during the COVID-19 pandemic,…
Read MoreThe “Tiny Homes Market by Product (Mobile tiny homes and Stationary tiny homes) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The tiny homes…
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The COVID-19 pandemic shock resulted in significant impacts to the housing market across the nation. Early lockdowns, a push to more work-from-home, and the large millennial demographic reaching prime family-formation age dramatically increased the number of buyers on the market. The surge in demand led to a shortage of housing and large price increases. Despite…
Read MoreLearn more about the CITY OF TALENT URBAN RENEWAL WORK PLAN From https://www.talenturbanrenewal.com/workplan Why is Talent considering an Urban Renewal plan? Talent lost 1/3 of our housing in the Almeda fire, including much of our more affordable housing. We lost 60% of our businesses. Firefighters were needed to respond to the Fire immediately, but Talent…
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An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur. According to third quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square…
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The People’s Bank of Commerce Foundation has awarded a grant in the amount of $150,000 to Rogue Retreat for the renovation of five rooms at the Redwood Inn. The five newly renovated studio apartments will be used with the first and primary goal of helping people displaced by the Almeda and other wildfires in Southern…
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By Brad from Stessawww.stessa.com Supreme Court eviction ruling In a 6-3 decision last week, the Supreme Court ruled that the U.S. Centers for Disease Control and Prevention (CDC) didn’t have the authority to impose an eviction moratorium. According to Greg Stohr of Bloomberg, President Biden acknowledged the moratorium, which originated under the previous administration, was on shaky legal ground, however noted it was…
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Mortgage lender approaches 150 teammates in the rapidly growing PNW region just two years after launch Churchill Mortgage, an industry leader providing conventional, FHA, VA and USDA residential mortgages across 48 states, announced today the next chapter of its Pacific Northwest expansion with the acquisition of Team Canales, a team led by three women with…
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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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