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Local News

Good Sign for Redmond Housing Market


It looks like the Redmond housing market may be following Bend with an upswing in construction permits.
 
Redmond Community Development Director Heather Richards was a recent guest on 1110 KBND's Your Town.
 
"the good news is that residential permitting in redmond is up and its up considerably from previous years, 85 single family permits and the year prior was 31 and that's considerably higher than previous years, and we watch that - and  as sort of an indicator- bend rebounded earlier than us and we saw that last year, and we tend to follow bend and we're watching to see if that happened."
 
Richards says during the boom years of 2005 and 2006 they saw between 500 and 800 building permits each year, which she believes is too many for a community the size of Redmond.
 
"it was an anomoly- in redmond we had a couple of years in 2005 and 2006 where we were issuing about 500 to 800 building permits - so there's the differential and i don't expect us to get back up to those numbers - those are hard numbers for a community our size to absorb."
 
She says healthy growth is probably between 250 and 300 residential building permits each year.  This entire interview is located on this website under the Your Town Podcast tab. 
 

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