Portland City Hall

City Council Adopts 2035 Comprehensive Plan

With population growth projected at over 40% in the next 20 years, the Portland City Council has unanimously approved the long-awaited 2035 Comprehensive Plan. The plan will take effect in 2018 and attempts to address some of Portland’s most pressing issues of the day – housing and infrastructure. Read More: OregonLive.com: Portland approves major 20-year…

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City to Hold Demolition/Infill Open Houses

The Bureau of Planning and Sustainability’s Residential Infill project and advisory committee are holding a series of open houses to obtain community feedback on proposals designed to address continuing growth across the city. The city is looking at changes to zoning rules, demolitions, types of new housing, and ADU infill. There will be…

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RMLS-Market-Action-Report

May Housing Numbers

May saw some cooling to the hot market in Portland. While higher than April, new listings and pending sales in May stayed essentially the same as last year, with closed sales actually decreasing slightly. Despite this, prices continue to rise with the Median sale price reaching $354,500, 13.3% higher than last year. The local inventory stayed steady as well at 1.4 months. While the metro area saw steady new…

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New Rules Aim to Increase Supply of “Middle Housing”

The Bureau of Planning and Sustainability is preparing recommendations for the Portland City Council for new development requirements aimed at increasing Portland’s supply of “middle housing” – duplexes, triplexes and other mid-priced options.  The proposals come from the input of a Residential Infill Project Stakeholder Advisory Committee comprised of developers, affordable housing advocates, architects, and…

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“Portland for Everyone” Coalition Tackles Housing Issues

A local group of activists, developers, environmentalists and other community members has come together to form “Portland for Everyone” – a coalition created to increase density, strengthen renter protections, and support ballot initiatives to fund affordable housing. Modeled after a similar group in Seattle, “Portland for Everyone” held it’s first public event last week titled…

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RMLS-Market-Action-Report

April Housing Numbers

Sales in the month of April slowed down a bit throughout the metro area. Both closed sales and pending sales dropped, but new listings were up, which is a good sign considering how low local inventory has been. Prices continue to rise with the median home price reaching $350,000 and the average home…

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