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|Thursday, February 01, 2007|
BANDON — Home sales typically suffer the winter blahs, but not in Bandon. It’s as if the world-famous Bandon Dunes golf course turned this sleepy town into real-estate gold — especially when you can see the Pacific Ocean from the living room couch.
Getting the big view will cost between $1 million and $2 million this year. That’s the going rate now for reservations at The Colony at Bandon Cove, 18 luxury townhouses going up nine miles from the links. Six buyers have already made down payments and David L. Davis Real Estate broker Penny Allen expects to be sold out before the 2,200-square-foot units are completed in June.
“People are tired of the rat race,” she says. “The oceanfront has gone really wild.”
Home sales in Bandon jumped from $14 million a year in 2000 to $59 million in 2005, with average prices increasing 70% to $333,717. Meanwhile, appreciation of Cannon Beach homes increased at least 25% annually since 2003. The average price of a home there jumped 35% from $587,497 in 2005 to $798,330 in 2006.
Years of intense growth and new arrivals have created additional stress on the small coastal communities. Seaside is seeking a bond levy to pay for a new sewage system.
Friday, July 17, 2015
Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner. The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Monday, July 06, 2015
Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
Monday, August 03, 2015
BY KIM MOORE | RESEARCH EDITOR
Pushing the extreme.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
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