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
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
Leaked Fed forecast documents show interest rate remaining low
According to The Washington Post, leaked Federal Reserve forecast documents indicate that the Fed has no plans to significantly raise interest rates in the near term. The fed funds rate... View Article
1st Quarter Study Confirms Commercial Real Estate Growth
Though the multifamily market has dominated the headlines of late, according to the Portland State University quarterly report released last month, commercial real estate growth in Portland continues its steady... View Article
Washington County building boom
According to a recent Oregonian article, applications for building permits in Washington County, Oregon are on pace to break records in 2015, in a large part due to the insatiable... View Article
Commercial construction costs projected to increase significantly
Download PDF Here As the Oregon economy keeps expanding (reflected in the current unemployment rate of 4.6-4.8% according to the Oregon Employment Department https://www.qualityinfo.org), businesses are looking to lease office, industrial... View Article
Real Estate Sales up 45% YOY
According to the Real Capital Analytics, Inc. first quarter report, prices are up, sales volume is up, lenders are lending, and investors are buying. Offices and apartments both reached the... View Article
Portland’s Population Jumps Due to Domestic Migration
According to US Census Bureau estimates, Portland’s metro area has become the 15th fastest growing city among the country’s major metro areas. It’s not due to a baby boom, but... View Article
Single Tenant Net Lease Retail Cap Rates at Historic Low
According to the Boulder Group’s Q1 Net Lease Market Report, single tenant cap rates reached a new historic low of 6.40% in the first quarter of 2015. They declined by... View Article