Marking a Decade High, Over 6,000 New Apartments Were Completed in 2019!
Portland Apartment Units Under Construction Over Time While news of freshly issued certificates of occupancy is still trickling in, it’s already clear that more market-rate apartments were completed across Portland,... View Article
Americans bought more stuff online this holiday season; e-commerce sales jump 18%
If you did some holiday shopping this year, there’s a good chance you made purchases online. Americans spent more online in the weeks leading up to Christmas this year, despite a shorter holiday... View Article
Investing in Multi-family commercial real estate? Learn how the market performed in 2019!
2019 Multi-family Market Report Overview Portland metro is in the midst of a massive apartment construction wave, but the continued influx of well-educated young professionals mitigates concerns about supply-side pressures.... View Article
Occupiers Opting to Buy Real Estate to Avoid Rent Increases
With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. One option to circumvent paying high... View Article
13 places in the US where it’s probably not worth investing in real estate for the next decade
Many people say buying a home is an investment, but it doesn’t always work out well. Consumer-trends expert Beatrice de Jong of Opendoor says many factors influence the rise or fall of a neighborhood’s... View Article
Fannie, Freddie New Lending Caps Turned the “Spigot Back On”
Experts on the finance panel at GlobeSt Apartments said the new Fannie/Freddie caps revived certainty in the agencies. Fannie Mae and Freddie Mac announced new lending caps last month. Starting... View Article
Home builders haven’t been this optimistic since early 2018
Low-interest rates boost confidence among residential builders in October Sales of new and existing homes have perked up due to tumbling mortgage rates. Homebuilders are the most optimistic since early... View Article
U.S. Retail Construction Levels Remain Well Below Pre-Recession Levels
Few new retail centers are under construction. Those that are involve either neighborhood shopping centers or mixed-use projects. With the continued barrage of retail bankruptcies, stores closures, repositionings and rightsizings of store... View Article
Are Industrial Developers Heading Toward Overbuilding?
A recent paper from NAIOP predicts lower absorption over the next two years, but it’s unclear if industrial developers are taking heed. Industrial users are expected to absorb about half... View Article