Development


How’s The Market? A Look at January’s Real Estate Numbers

The intense seller’s market we saw in the closing months of 2020 continued in January. Up 13.3% from last year, the Median Sales Price hit $460,000 in January – matching the all-time high we saw in October. Even in a strong market, prices in January are typically lower than the height of…

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Are People Still Moving to Oregon?

It’s a familiar tale in Portland: drawn to our milder summers and relatively cheaper cost of living, Californians are leaving their state in droves and settling in Oregon, pushing up prices and pushing out locals. But do the numbers support that? The 2020 US Migration Report from North American Moving Services paints…

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Fremont bridge in Portland

Portland’s One-of-a-Kind Affordable Housing Unit

A new apartment complex specifically designed to help Portland’s Native American population find affordable housing has just been completed in the Cully neighborhood. The building features studio, one, two and three bedroom options and has been titled Nesika Illahee, which translates to “Our Place” in the Chinook language. Nesika Illahee’s exterior adorns…

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Portland’s Residential Infill Project

You may have heard that the City of Portland is considering making changes to zoning regulations to allow for more homes to be built on lots in nearly all Portland neighborhoods. Here we take a look at what is being proposed and why: As with many zoning practices nationwide, the current zoning…

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Introducing Origami: Sustainable, Modern Rowhomes

Twelve sustainable modern townhomes dot the skyline on N Vancouver Avenue in the beautiful Piedmont neighborhood. The homes have a streamlined design aesthetic and are built with craftsmanship — a balance of artistry and functionality. Design Forward Living Award-winning architect Ben Waechter of Waechter Architecture designed the rowhomes to feel individual but…

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homeforwardbreaksground

Affordable Housing Breaks Ground in Lloyd District

The City of Portland’s largest affordable housing project in 50 years broke ground in the Lloyd District last month. The 12-story building is going up along NE Grand Avenue between NE Hassalo and NE Holladay streets and will have 240 apartment units (a mix of studios, 1-bedrooms and 2-bedrooms) with ground-floor commercial…

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