News Headlines for Portland, Oregon : 2015 Quarter 1

 

3/23/2015

Portland Housing Update

Prices are booming with the medium sale price back on an all-time high.  Rents are also at their highest and new construction is up as well.

 

picture courtesy of rachellamarrealestate.com

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3/11/2015

Adults 34 and Under Were the Top Home Buyers in 2014

No longer staying in mom’s basement, millennials accounted for 32% of all home purchases according to the National Association of Realtors.

 

buyers under 34

picture courtesy of masterpiecetitle.com

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2/27/2015

The Case of the Stolen Log Cabin

Someone jacked up the whole structure and made off with the new 1,500 square foot log cabin in Klamath Falls.


picture courtesy of oregonlive.com

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2/9/2015

Where to Invest in Oregon

Taking into account market health, price per square foot, 10 year housing price change, property taxes, and change in vacancy rate, the area that came up on top for investment purposes was a small dairy and ranching community called Bonanza.


picture courtesy of oregonlive.com

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1/20/2015

Portland Marijuana Growers are Looking For Real Estate

In preparation for the recreational market of marijuana, cannabis producers are looking for warehouse and retail space.  Because Portland already has been home to big medical marijuana growers and with the increased anticipation of a legalized recreational market there has been a rapid expansion of marijuana growers.


picture courtesy of fool.com

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1/2/2015

Realtor.com Lists the Top 10 Most Impressive Penthouses in 2014

The most expensive penthouse can be rented for $45,000 a month.  At 5,781 square feet, it has 4 bathrooms and 3 bedrooms.  It comes fully furnished including a grand piano, private elevator, art, 25 foot ceilings, views of the ocean, downtown, and hills.  It is also included full service of valet parking, security, pool, gym, library, concierge and wine storage.


picture courtesy of cnbc.com

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