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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green-loop

Could a “Green Loop” Be Coming to Portland?

Could a six-mile carless loop be coming to Portland? Potentially. A competition at this year’s Design Week Portland focuses on just that: A six-mile green loop that would circumnavigate the city’s four quadrants and provide a safe commute for the city’s car-free commuters. The winning proposal will be announced during April’s Design…

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Loowit-View-Park-design-rendering_3

Two New Parks Coming to East Portland

Portland Parks and Recreation announced the names of two new parks set to break ground in East Portland this spring. Gateway Discovery Park will be located between NE 104th & NE 106th Avenues off NE Halsey Street and Loowit View Park will be at NE 126th and Beech Street. Both parks will serve…

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forsale

Portland Home Prices: Largest Increase in the Country

Standard & Poor’s/Case-Shiller most recent (November 2015) 20-city home price index was released yesterday. Across those 20 cities, home prices rose 5.8% over last year, but Portland prices rose 11.1%; the highest out of the 20 major metropolitan areas included in the study, and just edging out San Francisco. Top 5 Cities: Year over…

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