As Portland’s housing crisis continues, courts seem to be behind landlords and protection for tenants is scarce. Advocacy groups have taken to protesting. On Thursday, September 22, the Community Alliance of Tenants (CAT) and others launched Secure Homes for Oregon Families, a statewide campaign to add “just-cause” tenant protections and end a state ban on
A new 12 story mixed used building by SERA Architects for Mill Creek Residential Trust has been approved by the city design review committee. The site for the proposed building is the eastern half of the Pearl District block at NW 10th Ave, Davis St, 11th Ave and Everett St. Modera Davis as it is proposed will include
According to a recent study published by Adobo, the average rent for a one-bedroom in August was $932. In September, that crept up to $940. It’s a small difference, but it shows that even though large metro areas saw more significant rent decreases than increases last month, the nationwide trend is still upward — meaning
An investor that owns 4,000 apartment units believes multi-family is the best possible real estate investment. Here is what he is saying. Some factors to consider; 75 million Baby Boomers are headed into retirement, many of today’s apartment complexes may be converted to retirement communities in the future, any millennials aren’t buying homes and it is getting more expensive to build
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No secret that the Pacific Northwest has one of the nation’s best economies, where its brightest city is seeing the country’s fastest housing-price appreciation. Welcome to Oregon, 2016. In May its unemployment rate was 4.5 percent, the lowest since modern record keeping began in the 1970s. June’s rate ticked up 0.3 points, a modest rise signaling discouraged workers
Noted in August, “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal-funds rate has strengthened in recent months,” Yellen said. As of September the chances of this seemed to be decreasing. To read the entire
A 1031 exchange is a tremendous mechanism that real estate investors can utilize to defer their capital gains tax. This allows an investor to increase available equity to invest in properties which can result in an accumulation of a much larger portfolio. Many savvy investors have been taking advantage of this deferment for some time. There
Millennials are, officially, the largest living generation, according to the U.S. Census Bureau. Naturally, the sie of this sector influences the real estate market on many levels, particularly design as builders, developers and employers try to accommodate needs in order to attract tis generation. From office buildings to shops to housing developments and apartments, everything