|| Print ||
|Articles - June 2011|
|Wednesday, May 18, 2011|
The population in this quaint mountain town more than doubled from 959 people in 2000 to 2,038 in 2010. Homes multiplied even faster. Sisters upgraded its sewer system just prior to the real estate boom, enabling more property owners to subdivide and build for an influx of retirees and speculators, many of whom were willing to pay California prices. By the time the construction dust had settled, Sisters was topping the charts among Oregon cities in the less appealing category of home vacancies. According to the latest U.S. Census data, nearly a quarter of the homes in Sisters (23.6%) are vacant, as compared to 12% in Bend.
Charting home prices in Sisters over the past 10 years doesn’t show a bubble, it shows a steep mountain: up to a pinnacle and back down quickly to base camp. One home listed for $1.6 million in January 2009 sold in March 2011 for $439,000. Another property listed for $370,000 went back to the bank and sold for $140,000.
Asked who got hurt the worst by the market collapse, Jeff Dobson of Sisters Hometown Realty cites builders who went out of business and people who lost their homes, and then adds, “It might be harder to find people who didn’t get hurt.”
Dobson says the market is recovering, but there may still be some price adjustments to come. “Right now we have a dearth of inventory in the $100,000-$200,000 range,” he says. That’s quite a change for an area that saw median home prices peak at $460,000 in 2006.
Monday, April 13, 2015
BY GRANT KIRBY | OP-ED CONTRIBUTOR
The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.
Monday, April 27, 2015
BY KIM MOORE
Are we too quick to diagnose corruption?
Monday, April 27, 2015
BY JOE CORTRIGHT
The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.
Friday, March 27, 2015
BY LINDA BAKER
Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.
Thursday, March 26, 2015
BY JACOB PALMER
Power lunching at the Court Street Dairy Lunch in Salem.
Thursday, April 23, 2015
BY LINDA BAKER
On April 1 I attended a forum at the University of Portland on the sharing economy. The event featured panelists from Lyft and Airbnb, as well as Portland Mayor Charlie Hales. Asked about the impact of tech-driven sharing economy services. Hales said the new business models are reshaping the landscape. “But,” he added, “I don’t pretend to understand how a lot of this [technology] works.”
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
|The Good Hacker|
|Downtime with the director of Barley's Angels|
|It's a Man's Man's Man's World|
|Fighting Fire With Fire|
|Shades of Gray|
|Man for All Seasons|
|Airline earnings are in the bag|
|Trade deficit reaches six-year high|
|Comcast reaching tipping point in Internet subscribers |
|SurveyMonkey CEO dies|
|Labor groups hope franchisees will join fight against fast-food companies|
|Special fee to ship oil proposed|
|Jeff Bezos launches spaceship|
New conference aims to solve challenges, quell fears amid regulatory changes.
Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
Earlier this month CEO of Gravity Payments, Dan Price, disrupted the payment inequality discussion worldwide by compassionately raising the minimum salary for each one of his 120 employees to $70k and cutting his $1M salary down to $70k.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.