Central Oregon continues to be in a solid place for growth

Central Oregon continues to be in a solid place for growth

 

Fueled by new jobs, homes and tourism Central Oregon’s economy grew again the first quarter of 2018.

Tim Duy, economics professor at the University of Oregon and the author of the Central Oregon Business Index shared that things are continuing to look strong in the region.  Central Oregon added 900 jobs in the first quarter and employment was 4.7 percent higher than a year ago.  There were 497 homes sold in the first quarter which continues the recent pace of 450 to 500 homes sold per quarter.  Also, the lodging revenue was up from $2.86 million, up from $2.8 million in the fourth quarter.

We are experience a strong real estate market with homes selling for more money in less time. Whether you’re considering selling or purchasing now or down the road or just interested in the market we are your local source for information.

 

TUTTLE’S -TOP 2% OF ALL REAL ESTATE SOLD SINCE 2014

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