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Old 03-18-2013, 11:15 AM
 
Location: OR
722 posts, read 1,352,771 times
Reputation: 334

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According to the facts from video :

Building permits are up 100% compared to this time last year, new single family home construction is increasing to keep up with new demand. The city inspections department are doing up to 100 inspections per day which is also a big increase from last year.

PS: Welcome back Steve, it has been quieter without you.
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Old 03-18-2013, 11:41 AM
 
775 posts, read 1,258,754 times
Reputation: 516
Quote:
Originally Posted by Snownut View Post
According to the facts from video :

Building permits are up 100% compared to this time last year, new single family home construction is increasing to keep up with new demand. The city inspections department are doing up to 100 inspections per day which is also a big increase from last year.

PS: Welcome back Steve, it has been quieter without you.
Oh good. I was starting to get bored
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Old 03-18-2013, 12:37 PM
 
Location: Dallas, Oregon & Sunsites Arizona
8,000 posts, read 17,328,019 times
Reputation: 2866
Quote:
Originally Posted by Snownut View Post
According to the facts from video :

Building permits are up 100% compared to this time last year, new single family home construction is increasing to keep up with new demand. The city inspections department are doing up to 100 inspections per day which is also a big increase from last year.

PS: Welcome back Steve, it has been quieter without you.

Quote:
Originally Posted by Steve Pickering View Post
100% of what. How many in real numbers?

http://www.bendbulletin.com/article/20130221/NEWS0107/302210328/

and according to the Bend Bulletin housing prices declined again in February 2013 in Bend and Redmond.

http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20130313/NEWS0107/303130324


The Bend Realestate blog says the price drop is a surprise. Who ya gonna trust. The rest of the state is experiencing a rise in home prices with decent sales figures. Not so in Bend. They are heading back down again.

My Answer was 100% of what? They don't have 100 houses to inspect. Someone is hyping the numbers again.

http://www.ktvz.com/news/Building-pe...z/-/index.html

Hiring 10 people after letting 60 go is not a boom, and hiring 6 new building inspectors is a travisty.

And this report says a 65% increase, not 100%.


Although the City list over 500 new single family homes applied for and permitts issued this year http://www.ci.bend.or.us/Modules/Sho...ocumentid=9764

I can only find about 70 actual starts for the year.

Last edited by Steve Pickering; 03-18-2013 at 01:45 PM..
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Old 03-18-2013, 02:11 PM
 
Location: OR
722 posts, read 1,352,771 times
Reputation: 334
Steve, I am only sharing data from the city of bend report.

I would think it not just dishonest but illegal for the city to report false data?

From the video, about 147 permits last year and almost 500 this year? That is more way more than 100% increase by my math? You call that a declining market?

I am a contractor in VA/WV (have been for over 25 years) and 100 inspections per day doesn't seem out of line with even half those permits active, particularly if there are 5 inspectors as the video reports.

If Oregon is like here? there is a long list of different kinds of inspections for each job, footers, framing, electrical, insulation, plumbing, mechanical for example. Many of those items have multiple inspections on the same job. A typical house we wire has at least 3 electrical inspections per job, commercial even more. Also I imagine there are many permits for additions and renovations not just new building?

The link you referenced is not the report I was referencing. Here is the link :

https://www.youtube.com/watch?v=NpYGlerDNE0


Quote:
Originally Posted by Steve Pickering View Post
My Answer was 100% of what? They don't have 100 houses to inspect. Someone is hyping the numbers again.

Building permit boom means new jobs in Bend | News - Home

Hiring 10 people after letting 60 go is not a boom, and hiring 6 new building inspectors is a travisty.

And this report says a 65% increase, not 100%.


Although the City list over 500 new single family homes applied for and permitts issued this year http://www.ci.bend.or.us/Modules/Sho...ocumentid=9764

I can only find about 70 actual starts for the year.
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Old 03-18-2013, 02:18 PM
 
Location: Dallas, Oregon & Sunsites Arizona
8,000 posts, read 17,328,019 times
Reputation: 2866
When you become a contractor in Bend maybe we can have a more realistic discussion about the growth Bend is NOT experiencing. Do not believe all the realtor hype if you are not here to see it for yourself.

Now my Trust manager tells me that Bend does indeed have a rental shortage as they overbuilt single family homes and didn’t build enough housing for the working class and service employees who do not own homes. We are raising rents.
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Old 03-18-2013, 02:25 PM
 
Location: OR
722 posts, read 1,352,771 times
Reputation: 334
Not planning to be a contractor in Bend so that won't happen.

Good you are admitting there is a rental shortage, you spent countless posts saying there wasn't just last month?

Maybe next month/summer or next year? you will post that Bend is growing slowly again as noted in the various news stories lately?



Quote:
Originally Posted by Steve Pickering View Post
When you become a contractor in Bend maybe we can have a more realistic discussion about the growth Bend is NOT experiencing. Do not believe all the realtor hype if you are not here to see it for yourself.

Now my Trust manager tells me that Bend does indeed have a rental shortage as they overbuilt single family homes and didn’t build enough housing for the working class and service employees who do not own homes. We are raising rents.
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Old 03-18-2013, 02:29 PM
 
Location: Dallas, Oregon & Sunsites Arizona
8,000 posts, read 17,328,019 times
Reputation: 2866
Quote:
Originally Posted by Snownut View Post
Not planning to be a contractor in Bend so that won't happen.

Good you are admitting there is a rental shortage, you spent countless posts saying there wasn't just last month?

Maybe next month/summer or next year? you will post that Bend is growing slowly again as noted in the various news stories lately?
I think reality will prevent me from saying so. As to the rentals, it is a developing shortage as more people bail out of home purchases, but chose to remain in Bend.

Those same news stories say it just ain't so with the new construction actually driving down home prices further.
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Old 03-19-2013, 01:02 AM
 
3,804 posts, read 9,318,493 times
Reputation: 4978
This is from about three weeks ago: Bend-area home prices rise, foreclosures fall | News - Home
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Old 03-19-2013, 09:02 AM
 
775 posts, read 1,258,754 times
Reputation: 516
Quote:
Originally Posted by Pfhtex View Post
This is what we have been seeing since we started looking to buy a few months ago. Not a lot of inventory and what does pop up goes pending quick. And it seems new consteuction is hot too.

But if Steve didnt post it it didnt happen
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Old 03-19-2013, 10:00 AM
 
3,804 posts, read 9,318,493 times
Reputation: 4978
Quote:
Originally Posted by Copsgirl73 View Post
This is what we have been seeing since we started looking to buy a few months ago. Not a lot of inventory and what does pop up goes pending quick. And it seems new consteuction is hot too.

But if Steve didnt post it it didnt happen
This article talks about Portland being a hotbed for "Flash Sales" wherein the house is on the market for a day or so. I'm not saying that's going to happen #inBend, but it's another good sign.

'Flash sales' put Portland among fastest-selling markets in country - Portland Business Journal
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