Central Oregon Economic Indicators

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Real Estate Sales

Deschutes County September 2014

For Sale: 2,162, 4% increase from September 2013
New Listing: 459, 11.05% decrease from September 2013
Sold: 440, 0% change from September 2013
Pended: 451, 8.7% increase from September 2013

Jefferson County September 2014

For Sale: 247, 27.3% increase from September 2013
New Listing: 70, 112% increase from September 2013
Sold: 27, 8% increase from September 2013
Pended: 30, 20% increase from September 2013

Crook County September 2014

For Sale: 309, 15.7% increase from September 2013
New Listing: 61, 15.1% increase from September 2013
Sold: 42, 44.8% increase from September 2013
Pended: 39, 30% increase from September 2013
www.centraloregonrealtors.com/index.php?action=resources.stats

Transient Lodging Tax Collections

Deschutes County Transient Room Tax September 2014: $1,115,119 collected, 23% increase from September 2013*
Bend Occupancy Rates: 79.5% occupancy in June 2014, 3% increase from June 2013. (data available quarterly)
Bend City Transient Room Tax August: $845,966 collected, 38.5% increase from August 2013
*Transient room tax collections are on a cash basis system; the revenue amounts for each month relate to property rented for prior month

U of O’s Index of Economic Indicators August 2014

The Oregon Measure of Economic Activity slipped in August while the three-month moving average, which smooths month-to-month volatility in the measure, stood at -0.08. “Zero” for this measure indicates the average growth rate over the 1990–present period. Weaker employment data in comparison with earlier this year is weighing on the measure in recent months. Still, manufacturing employment continues to grow at a healthy pace and most components within the sector continue to support the measure. The construction sector contribution was negative, attributable to softer residential building permits and falling employment. Note that construction employment appears to be running contrary to general economic trends and may be revised upward in later months. The labor force contributed positively again, a hopeful sign that a strengthening economy is luring workers back into the labor force and may reflect a faster pace of migration into the state. A string of steady gains in the University of Oregon Index of Economic Indicators was interrupted by a 0.5 percent decline in August. Most components deteriorated somewhat during the month. Initial unemployment claims, which had fallen to very low levels the previous month, edged up but still remain well within a range generally consistent with solid job growth. Residential building permits (smoothed) slipped, holding below levels normally associated with economic expansions in Oregon. New orders for core manufacturing goods rose along with consumer sentiment (smoothed) while the Oregon weight distance tax, a measure of trucking activity, edged down. Consumer confidence (smoothed) rose and the average hours worked in manufacturing fell. Note that occasional declines in either indicator are not uncommon during expansions. The two indicators suggest continued growth in Oregon at an average to somewhat above average pace of activity. Further gains are likely as the national economy will continue its general upward trajectory for the foreseeable future.

New Businesses Licenses

Bend: 39 New Business Licenses from September 6 – October 2 2014

About Town Cleaning Service
Ackerman Vacation Rental #2
Arts of Joy Massage
Aspen House
Bank of the Cascades
BEAT
Bend News Today.com
BendBroadband
Borgir Vacation Rental 1-3
Bruneau’s South Philly Cuisine
Camber Studios
Cascade Accounting & Business
Cloudcrest Homes LLC
Extreme Clean, Inc.
Freez Frame Foto
Gardner Law, LLC
Garside Vacation Rental
JC Adventures, LLC
Jordan Ramis PC
Juniper Information Technology
Keith I. Dodge, CPA LLC
Kyle Freeman, LCSW
Marmon Air BNB
Massage Therapy Center
Math Learning Center
Mel and Nora’s Cleaning
Mountain Pines Pet Care
North Sky Communications, Inc.
Oregon Provider Services
Porcelain Queen Cleaning
Queen of Klean
Rack Room Shoes
Supercuts
The Curly Willow House
The Vault
Tim Bloom Construction Inc.
TVR Inc.
ZenBend
Zolo Media

Redmond: 7 New Business Licenses in September 2014

Boys & Girls Clubs of Redmond/Terrebonne
Dakine 420
Every Bloom’n Thing
Kaydee Tek
LC Cleaning
M.L.L. Delivery
Quality of Life Chiropractic

Sisters: 8 New Business Licenses in September 2014

Central OR Sound & Security
Down Hill Both Ways
Dyer Construction & Renovation
Gertz Fine Homes
Homes Customization. LLC
M & J Carpet Cleaning
MAG Construction Co., Inc.
Sky-Comm, Inc.

Roberts Field-Redmond Municipal Airport

August Enplanements 2014 24,201 – 2013 23,877 (Up 324 passengers).
August Deplanements 2014 24,274 – 2013 23,660 (Up 614 passengers)

Mortgage Records – Deschutes County Clerks Office

Notices of Default, September 2014 – 6 notices, 200% increase from September 2013
Notices of Recission, September 2014 – 2 notices, 0 records from September 2013
Modification/Amendment on Deed of Trust or Mortgage, September 2014 – 31 modifications filed, 6.06% decrease from September 2013
Lien Completion Notice, September 2014 – 72 completions filed, 33.3% increase from September 2013
www.recordings.deschutes.org/search.asp

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