Real Estate News


oregon_state_capitol

Oregon Legislature Lifts 17-Year-Old Ban on Inclusionary Zoning

Last week the Oregon Legislature approved a number of housing bills aimed at addressing the lack of affordable housing throughout the state. The most significant for Portland is Senate Bill 1533 which lifts a 17-year-old ban on inclusionary zoning. Inclusionary zoning is the practice of cities and counties requiring developers to include…

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West-Coast Mayors Ask for $450m for Affordable Housing

The “West Coast Alliance of Mayors” – a group of mayors (including Portland’s Charlie Hales) from Eugene, Seattle, San Francisco, Los Angeles, San Diego, San Jose, Sacramento, Oakland and Honolulu – has officially asked the federal government for an additional $450 million in funding for affordable housing. The request includes funds for: Rental assistance…

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tinyhouse

Tiny House Movement

There has been a lot of talk lately about the Tiny House Movement. Tiny houses are popping up all over Portland, so why are they so popular? Green Living Ideas put together some tips for understanding tiny houses and whether a tiny house is for you! Green Living Ideas: Strategies For Thinking About A…

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HottestNeighborhoodsof2016_Redfin

Portland’s Hottest Neighborhoods in 2016?

Every year Redfin puts out its list of the hottest neighborhoods in the country based on users’ “favorites” and page views. According to Refin, the top features buyers are looking for in a neighborhood are affordability, character, and livability (proximity to employment, restaurants, etc.). While none of Portland’s neighborhoods made the top…

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RMLS-Market-Action-Report

January Housing Numbers

2016 started off better than 2015 ended in the Portland Metro real estate market. New listings jumped up over 60% from December, but were still almost 9% less than January of last year, indicating that inventory is still well below demand. Both average and median home prices dipped slightly compared to December…

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goodman-development-proposal

11 New Buildings Coming to Downtown

Downtown Portland is about to look a lot different. Local developer Downtown Development Group LLC owns 11 different surface parking lots in downtown and has announced ambitious plans to develop them into large office and mixed-use buildings. Calling the project the “Ankeny Blocks,” the firm (owned by the local Goodman family) plans to…

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