News Headlines for Portland, Oregon : 2016 Quarter 4

12/20/2016

Top Ten Most Interesting Homes in 2016

On the list are a multimillion apartment with a clock tower in San Francisco a home built in 1650 which looks to be the oldest home on the market, as well as a castle looking home in Newport, Oregon.

picture courtesy of sfgate.com

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12/6/2016

Old Portland Macaroni Factory turned into a home selling for $3.85 Million

Because of the lack of pasta in Portland Dominique Blandino sent for her brother Dominic from Spain to bring over pasta molds in the early 1900’s.  This was the beginning of Oregon Macaroni .  The building is still on the corner of NE 8th and Davis but was bought out in the late 60’s by Rice-A-Roni pioneers and later restored featuring two spacious living units on the ground floor and open office, meeting rooms, and studio upstairs.

picture courtesy of pdxmonthly.com

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11/14/2016

Oregon Bans Rent Control

Tenants gathered enough signatures for two county-level ballot measures.  These measures would have returned rents to 1980 levels while also limiting rent increases.  While both measures did not pass, one came close enough for home builders to rush a two year ban on rent control legislation.

picture courtesy of guampdn.com

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11/14/2016

Home Prices are Still Rising Even as the Market Slows

Oregon showed a slowing in October for home sales.  With the inventory down the median sales prices continued to increase.  The report also showed a slight increase for homes to stay on the market before selling except for new construction listing which are going fast.

picture courtesy of justrealty.com

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10/26/2016

Where do Renters Move?

Renters are more likely to move to Portland than from Portland.  San Francisco on the other hand ranks 4th as a place where renter want to move it and also 4th as a place where renters want to move away.

picture courtesy of rentfaxpro.com

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10/31/2016

Single Women are Purchasing Homes at Twice the Rate as Single Men

Much of the buying is by older women.  As women move ahead in the workplace and bring in larger salaries, they also want the stability of owning their own home.

picture courtesy of huffingtonpost.com

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