Oregon’s Unemployment Dropped Below 5%

State of Oregon’s Unemployment For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4.9%. Oregon’s unemployment rate... View Article

Senate Proposal Would Overhaul Partnership Tax Rules

Senate Finance Committee Chair Ron Wyden (D-Ore.) is working on a draft of legislation that would substantially change some tax rules on partnerships. The new proposal is in line with many... View Article

Investing in Real Estate for a Lifetime

By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Investing in real estate is a funny thing. Values go up and... View Article

Are Eviction Bans Driving Up Rents?

As rents have skyrocketed to record levels this summer, we’re often asked: Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. To what... View Article

Oregon’s Unemployment and Economy Continues to Improve Amid Great Resignation

Oregon Unemployment Update For the 15th consecutive month, July continued a downward trend in unemployment with a rate of 5.2%. The unemployment rate has declined rapidly over the past two... View Article

Lumber Prices Drops Fueling Multifamily Building Boom

A drop in lumber prices has invigorated demand for commercial building projects, especially for the multifamily product, Sherwood Lumber chief operating officer Kyle Little told CNBC last week. A drastic runup... View Article

Higher taxes for the rich edge closer as Democrats pass $3.5 trillion budget outline

Higher taxes for the rich edged closer to reality on Wednesday morning, after Senate Democrats passed a $3.5 trillion budget plan along party lines. The blueprint would raise taxes on wealthy Americans... View Article

Oregon lawmakers approve ambitious carbon-reduction goals for state energy grid

House Bill 2021 is the session’s biggest environmental bill. It passes as Oregon braces for record temperatures. Oregon’s power grid will largely eliminate carbon emissions by 2040 under a bill... View Article

Oregon Unemployment and SVN Economic Update

Oregon Unemployment Claims Continue to Decline Continued claims in Oregon have been steadily declining the last couple of months signaling a return to pre-pandemic unemployment rates in the coming months.... View Article

Eviction Doomsday Isn’t Coming. Here’s Why

The expiration of the federal eviction moratorium over the weekend incited panicked headlines warning of an “evictions doomsday.” Reports suggest more than 11 million renters are at risk of eviction just as... View Article

NAA Sues the Federal Government for Damages from Eviction Moratorium

The National Apartment Association (NAA) announced that it filed a lawsuit on July 27, 2021 in the US Court of Federal Claims “to recover damages on behalf of rental housing... View Article

As Economy Rebounds, Don’t Overlook Commercial Real Estate

New Report Argues Property Can Be Hedge Against Inflation, Volatility Commercial real estate in the United States should remain a strong investment choice as the nation emerges from a pandemic-induced... View Article

In Another Sign of Retail Recovery, Announced Store Closures See a Drastic Slowdown

Amount of Space Retailers Said They Plan To Close in 2021 on Pace for Lowest Annual Total in More Than a Decade One of the biggest surprises for the retail... View Article

Oregon Unemployment and SVN Economic Update

Oregon Unemployment Improves Unemployment in Oregon continues to decline each month, moving us closer to pre-pandemic rates! With the state of Oregon requiring claimants to prove they are looking for... View Article

Overview of legislative bills that affect real estate investors and industry professionals

It has been a very active legislative session this year for Oregon! SVN Bluestone and Hockley have summarized which bills were passed in the most recent Oregon legislative session that... View Article

Multnomah County Renters Protected From Eviction for 90 Days Under New Policy

The Multnomah County Board of Commissioners unanimously voted Thursday to give renters 90 days of protection from eviction for non-payment of rent, now that the statewide eviction moratorium has come... View Article