Oregon

Thu
16
Feb
The Editors's picture

Rental Housing Journal Valley February 2017

Rental Housing Journal Valley February 2017

Rental Housing Journal Valley February 2017 

Rental Housing Journal is the business journal for Oregon's Willamette Valley rental housing and multi-family property management industry.

Thu
16
Feb
The Editors's picture

Rental Housing Journal Metro February 2017

Rental Housing Journal Metro February 2017

Rental Housing Journal Metro February 2017  

Rental Housing Journal is the business journal for the Portland Metro area rental housing and multi-family property management industry.

Wed
11
Jan
The Editors's picture

Rental Housing Journal Valley January 2017

Rental Housing Journal Valley January 2017

Rental Housing Journal Valley January 2017    

Rental Housing Journal is the business journal for Oregon's Willamette Valley rental housing and multi-family property management industry.

Wed
11
Jan
The Editors's picture

Rental Housing Journal Metro January 2017

rental housing journal metro January 2017

Rental Housing Journal Metro January 2017  

Rental Housing Journal is the business journal for the Portland Metro area rental housing and multi-family property management industry.

Mon
19
Dec
Jenny Johnson's picture

How to Find and Choose the Best Mortgage Lender for You

 How To Go About Finding The Right Mortgage Lender For Your Home or Real Estate Investment Property

How to Find and Choose the Best  Mortgage Lender for You

By Jenny Johnson

Think about finding a mortgage lender the same way you think about finding a home to buy: There may be thousands of different possibilities and you may have to do some legwork, but in the end there’s going to be one that’s exactly right for you.

Most consumers only deal with mortgage lenders a few times in their lives, so the amount of information to digest can feel overwhelming. Here’s a guide to understanding the language and choosing a direction.

Fixed or adjustable?

Thu
15
Dec
The Editors's picture

Rental Housing Journal Valley December 2016

Rental Housing Journal Valley December 2016

Rental Housing Journal Valley December 2016  

Rental Housing Journal is the business journal for Oregon's Willamette Valley rental housing and multi-family property management industry.

 
Thu
15
Dec
The Editors's picture

Rental Housing Journal Metro December 2016

Rental Housing Journal Metro December 2016

Rental Housing Journal Metro December 2016  

Rental Housing Journal is the business journal for the Portland Metro area rental housing and multi-family property management industry.

 
Thu
15
Dec
The Editors's picture

Tiny Houses Approved and Incorporated into the International Residential Code

Tiny Houses Approved and Incorporated into the International Residential Code

Tiny Houses Approved and Incorporated into the International Residential Code

The International Code Council (ICC) reported that public comment RB168-16, the tiny house appendix, passed their final round of voting, receiving the required 2/3 majority vote. As a result, a tiny house specific appendix will be part of the 2018 International Residential Code (IRC), allowing people to receive a Certificate of Occupancy (COO) for their tiny house when built to meet the provisions of the adopted code appendix. A lack of recognition of tiny houses in the IRC had been a major hindrance to the creation of legal tiny houses in communities across the United States.

Thu
15
Dec
The Editors's picture

2.4 – 5.4% Vacancy Rates

2.4 – 5.4% Vacancy Rates

2.4 – 5.4% Vacancy Rates

Has the Willamette Valley Rental Market Flattened Out?

The rental market in the Willamette Valley has been on one heck of a ride over the last few years. The Apartment Report recently came out and revealed vacancy rates as low as 2.4% in Gresham and as high as 5.4% in Northwest Portland, with Salem and Eugene coming in at 2.9% (historically, vacancy rates of 6-7% have been considered “normal”). 

In the Portland metro market specifically, we are seeing an average overall vacancy rate of 3.71% and rental rates of $1.47 per square foot per month. In the Salem market those figures are at 2.9% and $1.14; the Eugene market is at 2.94% and $1.16. However, these figures are very close to what they were at the beginning of 2016, so we are seeing signs that the rental market has officially started to level off. 

Thu
15
Dec
The Editors's picture

Apartment Rents Weakening?

Apartment Rents Weakening?

Apartment Rents Weakening?

Rent growth Slowing

By: Cliff Hockley, President, Bluestone & Hockley Real Estate Services

On September 14 of 2016, Mark Barry, MAI local apartment appraiser, updated brokers and investors at a local Morgan Chase Bank presentation. In his speech he highlighted the significant sales volume in 2014, 2015 and 2016, but issued warning signs.

He indicated that apartment rents were beginning to flatten as vacancies were beginning to increase.

He said: Vacancies are beginning to rise mainly in the urban core as new construction goes up, which equals more competition. In Portland we are seeing significant rent concessions in class A properties within urban core. There are many properties offering first month rent concessions with one year leases. (Some are even offering two months free.)

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