That home prices in Portland are sky high should come as a surprise to no one. The city has been dealing with an affordability crisis for years and, despite the fact that the rise in home prices has slowed, Portland still ranks in the top 20 cities for escalating home prices. But what about the rest
Spring is hands-down one of the most popular times of year to buy or sell a home. With the weather warming up and people flocking outdoors, to the school year coming to an end, spring tends to be the time when the housing market rises. “Spring” in the real estate world starts in January –
Home prices for Oregon real estate have increased significantly in the past year, and the 2016 housing market looks to continue that trend. Homes are spending fewer and fewer days on the market. Why? Nestled between Washington and California, Oregon proceeds to grow as Californians are forced to leave because they can no longer afford
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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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
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