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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.
Thursday, June 26, 2014
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Friday, June 06, 2014
BY KATIE AUSBURGER | OB GUEST CONTRIBUTOR
How to build a hipster-friendly work environment.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.