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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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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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What Renters Want

Despite rising costs, almost 40% of Portland households rent.* What do those renters want out of their residences? The National Multifamily Housing Council has released their 2015 Apartment Resident Preferences Survey and the results are not too surprising. Some highlights: 47% of renters are pet owners (compared to 33% nationwide) The top 5 community…

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Portland’s 25 Fastest-Selling Neighborhoods

Yesterday we showed you the Portland Business Journal’s list of the neighborhoods with the most home sales in 2015. Today we bring you their list of the neighborhoods with the fastest selling homes. In 2015 it took an average of 54 days (1.75 months) to sell a home in the Portland Metro…

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Lents Development Projects Unveiled

The corner of SE 92nd and Foster in the Lents neighborhood has some major changes coming. Last week developers and the city unveiled preliminary plans for what will become the centerpiece in a redevelopment initiative aimed at the SE Portland Neighborhood. Plans include four projects lead by the Portland Development Commission: The…

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New Development in Old Town?

A 20,000 square foot vacant warehouse sitting on the corner of NW 5th and Davis in Old Town Chinatown has new owners, and may now have a new future, too. Originally an annex to the historic Mason-Ehrman Building, the warehouse has most recently been used as a storage facility by Zellerbach Paper…

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