Low and behold, House Hunters had a program on Bend, Oregon last night. It's probably been shown before, maybe many times, because by the population sign (75k) and the prices of the houses (700 - 800k) it appears to have been filmed at the height of the boom, somewhere around 2006?
Got to admit, it made Bend look very attractive.
The couple settled on a house in Northwest Crossing, which has to have dropped in half in value....
Ouch.
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About Me
- Duncan McGeary
- I'm Duncan McGeary, owner and/or operator for the last 39 years of Pegasus Books in Downtown Bend, Oregon. These days I'm writing books as well as selling them. I'm the comic book guy. But even more so, I'm a book book guy. Books of all kinds. Big books and little books, children's and adult, fiction and non-fiction, hardback and paperback and trade paperback and graphic novels. Books with more words than pictures and books with more pictures than words. They are all part of the book world to me, and I love being surrounded by them every day.
1 comment:
Northwest Crossing is holding up better than most neighborhoods in town. I just looked and found a couple sales recently that were about equal to 2006 prices.
863 Fort Clatsop:
4/5/2010 for $434k
1/13/2006 for $427k
851 NW Fort Clatsop
4/22/2010 $409k
6/23/2005 $359k
Then there are some distressed sales that are quite a bit off 2006:
2553 Nw Lemhi Pass
2/17/2010 $280k (short sale)
4/12/2006 $480k
7/28/2003 $244k
I think Northwest Crossing is one of the only parts of town with builders still active. Take a drive around and there are a surprising number of new homes going up.
As far as subdivisions go - and I'm not a big fan of them - Northwest Crossing was better planned than others in town. They are getting better press, brand themselves better, had better planning - sidewalks, retail, parks, schools, alleys instead of garage front houses, a community garden, farmers market, etc... - than other subdivisions.
There are still some poorly designed homes - but less than the average. I think the retail is suffering, and I'm not sure the live/work townhomes will be viable for many, many years. I have my doubts about the plan for retail on the northeast part of the neighborhood at the NWCrossing/Shevlin roundabout unless the city does get their UGB expansion out that way.
There are problems, but I would guess way less than most of the single builder subdivisions in town.
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