I've commented on the stock market the last couple of days. Since the market has actually gone UP since then, I'm done. To hell with them. I'll stand by my notion that they're just aliens funnin' with us.
In the REAL news of the day, what's left of our lumber industry, a mill in Prineville lays off workers. Central Oregon housing permits fall 52% in December. 76 houses planned for Deschutes, Crook, Jefferson, and Lake county combined. 76 houses.
Meanwhile, the Bulletin lets slip the little nugget that, with 2/3rds of the month gone, only 32 houses have sold. Let's say we double that....it would still be the lowest total in many a year.
Commercial building however continues at a torrid pace. Orvis is going to wipe out one of the Old Mill Parking lots. Cascade Bancorp has a horrible 4th quarter but still managed to hide behind the 'total' year, of which I suspect they spent most of time juggling figures to look good.
A big chunk of land is bought from foreclosure. (Umpqua Bank again, boy we took them for a ride. I'd love to count how many visits a day they get at Northwest Crossing.)
The land is so cheap, the builders can build cheaper houses. Oops. No doubt, we'll see houses of equal dimensions selling for a third more half a mile away.
Meanwhile, for my cheap shot of the day, the parks department doesn't have any money to open or develop any parks, but they have money to build an a brand new administration buildings. You know, to administer all those parks they aren't opening or developing....
In the REAL news of the day, what's left of our lumber industry, a mill in Prineville lays off workers. Central Oregon housing permits fall 52% in December. 76 houses planned for Deschutes, Crook, Jefferson, and Lake county combined. 76 houses.
Meanwhile, the Bulletin lets slip the little nugget that, with 2/3rds of the month gone, only 32 houses have sold. Let's say we double that....it would still be the lowest total in many a year.
Commercial building however continues at a torrid pace. Orvis is going to wipe out one of the Old Mill Parking lots. Cascade Bancorp has a horrible 4th quarter but still managed to hide behind the 'total' year, of which I suspect they spent most of time juggling figures to look good.
A big chunk of land is bought from foreclosure. (Umpqua Bank again, boy we took them for a ride. I'd love to count how many visits a day they get at Northwest Crossing.)
The land is so cheap, the builders can build cheaper houses. Oops. No doubt, we'll see houses of equal dimensions selling for a third more half a mile away.
Meanwhile, for my cheap shot of the day, the parks department doesn't have any money to open or develop any parks, but they have money to build an a brand new administration buildings. You know, to administer all those parks they aren't opening or developing....