Rent increases are Approaching Unaffordable Levels for Most Residents
In a recent study, many cities across the country are seeing rent increases approaching unaffordable levels for most residents (unaffordability is defined when residents are paying more than 30 percent... View Article
Sperry Van Ness is Now SVN
A Letter From President & CEO Kevin Maggiacomo I have always believed the status quo to be the arch nemesis of great companies. Embracing the status quo breeds mediocrity and... View Article
U.S. Home Owner Equity is at Near 10 Year High
According to the Federal Reserve, the U.S. home owner equity is at near 10 year high in the third quarter of 2015. Average American owner’s equity is now at 56.7%,... View Article
US Economy Generated 211,000 Jobs in the Month of November
The Bureau of Labor Statistics reported that the US economy generated 211,000 jobs in the month of November. The Bureau of Labor Statistics also reported that unemployment rate held... View Article
Portland Metro Area Homes Posted the Third-Fastest Annual Gains in the Country
According to the monthly Standard & Poor’s/Case-Shiller home price index, Portland metro area homes posted the third-fastest annual gains in the country in the month of September (10.1%). Finishing just... View Article
Goldman Sachs Economist Predicts “there’s a 60% chance that the economic recovery goes on for another 4 years.”
Goldman Sachs economist predicts “there’s a 60% chance that the economic recovery goes on for another 4 years.” This means that the current recovery period will continue until 2019. The... View Article
Vancouver, Washington Renter Protections
Download Original PDF While the ordinance passed by the city of Portland on October 14 requiring 90-day notices for no cause evictions and rent increases over 5% in a 12 month... View Article
Commercial Property Pricing Maintained its Upward Trend
According to the latest numbers from the commercial real estate research firm, CoStar Group, commercial property pricing maintained its upward trend in Q3 of 2015. Due to the increase in... View Article
Employment Growth may Lead to Higher Interest Rates
According to the employment numbers released by the Bureau of Labor Statistics last Friday, 271,000 jobs were added in the month of October. Overall unemployment rate dropped to 5%, a... View Article
Is it really rent control?
Download PDF version On October 14, 2015 the city commissioners of the City of Portland unanimously voted to modify the laws that govern landlord / tenant relations in the City... View Article
Are You Prepared for the Growth in Rental Demand?
Are You Prepared for the Growth in Rental Demand? Based on a recent analysis by The Urban Institute, homeownership rate is on the decline in the US. The homeownership rate... View Article
Experts Predict Rents Will Continue to Rise into 2016
Rent skyrocketed last year as predicted by most experts. However, most analysts are surprised that rents have yet to slow down and looks like it will continue to rise well... View Article
Foxstar Apartments
SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. Foxstar Apartments is a 20 units complex situated in East Portland. The... View Article
Cottonwood Apartments – Redmond, Oregon
The client of SVN Bluestone & Hockley advisor Cliff Hockley only had a limited amount of time to identify the up-leg of a 1031 exchange and close on both deals.... View Article
Equity Residential Takes Chips Off the Table by Selling 23,000 Units of Their Perceived Risky Apartments Assets.
Sam Zell, President of one of the nation’s largest apartment investment groups announce the sale of 23,000 units in a $5.4 billion dollar deal. The sale represents 25% of Equity... View Article
SVN | Bluestone & Hockley University: Revisions to Landlord-Tenant Law
Do you have questions about the recent revisions to the Oregon Landlord-Tenant Law? On Thursday, November 19th at 4:00PM, SVN | Bluestone & Hockley Real Estate Services will host a... View Article