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UtterlyBoring.com is produced by Jake Ortman (e-mail, resume), a 30-year-old dad, percussionist, freelance Web designer, consultant and jack-of-all-trades computer geek, living in Bend, Oregon. He created this so that his expensive journalism and technology degree isn't getting totally wasted. In addition to editing this site in his free time, he is the IT Director and Ad Designer at both Sunray and Discover Sunriver. He has LinkedIn, MySpace, Facebook profiles if you're trying to stalk him.

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No Surprise Here: Bend Homes Are Totally Overvalued

CNN Money has rated has a story about a study that rates Bend as the second most over-valued housing market in the nation, sharing the top 10 with a bunch of California and Florida towns. Localized story on KTVZ and good discussion as well on the Bend Economy Blog.

Posted by Jake on 09/25/06 @ 03:20 PM
Posted in Local, Obvious | 3 Comments | Permalink
Submit to digg, del.icio.us, reddit, or stumbleupon

3 Comments

Jesse said on 09/25/06 @ 07:29 PM:
But that's great news! That means that when the bubble bursts, People like me with no land holdings will be in relative luxury. And, I guess, people like you lot reading this who have land .. well, rearrange your portfolios a bit and be prepared to ride a tsunami. :)

Barney said on 09/25/06 @ 11:13 PM:
Small correction, Jake: CNN/Money didn't rate anything. They reported on a study by Global Insight and National City.
As did I, after good ol' Google News Alert alerted me to its existence;-)

Jake said on 09/25/06 @ 11:26 PM:
Updated. Thanks Barn.

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