News Headlines for Portland, Oregon : 2015 Quarter 3

9/25/2015

Portland's Housing Boom Has Working Class Priced Out

Despite 22,000 new apartments coming on the market since 2010 there are very few vacancies so rent has sky rocketed, jumping 41% since 2010.

picture courtesy of pressherold.com

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9/4/2015

"No Californians" Stickers are Being Slapped on For Sale Signs

Because of low inventory, building wars are taking place when selling homes.  Some people are blaming Californians for moving up her paying more than the home is worth so local people cannot afford to move.

picture courtesy of yahoo.com

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8/29/2015

The Orange Line is Attracting New Buyers to Milwaukie

Buyers are looking for housing in Milwaukie within a mile of the new Max Line.  Since it is typically more economical to live in Milwaukie than closer to town and the Max line offers a trip into town in 30 minutes Milwaukie is now a sought after community.

picture courtesy of portlandtransit.com

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8/28/2015

Portland Oregon has Low Vacancy Rates Compared to the Rest of the Country

Portland saw a rent increase of over $300 a month in 2 years as the inventory of rental is low.

picture courtesy of betterinstitutions.com

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7/25/2015

The RMLS Market Action Report For July 2015

Look at the Portland Metropolitan Area real estate statistics for July 2015.  You can see inventory, active listings, closed sales and much more for each different Portland Metropolitan area.

picture courtesy of linkedin.com

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7/20/2015

Home Design Accommodating a Small But Open Living Space

Most ADUs are spaces that supplement a primary residence but this bungalow just off SE Clinton and Wilson is a work of art and functions as a primary home.

picture courtesy of pdxmonthly.com

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