Saturday, September 23, 2023

News And Trends

At News & Trends you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

Portland City Council Approves Controversial Tenant Screening Ordinance 3-1

Portland City Council Approves Controversial Tenant Screening Ordinance 3-1

The Portland City Council has approved a controversial tenant screening ordinance by a vote of 3-1, with one council member and former landlord dissenting from the group saying the ordinance will drive up housing...
Ultimate guide to assistance animals in rental property

Housing Authority Settles For $1 Million With Tenants Over Emotional Support Animals

A Colorado housing authority accused of violating the federal rights of tenants with disabilities by charging a fee for emotional support animals has settled a lawsuit for nearly $1 million. The lawsuit was recently settled...
Portland has Highest Number of Apartment Job Openings in the Country

Portland has Highest Number of Apartment Job Openings in the Country

Portland apartment job openings represent 56 percent of all the real estate jobs in the metro, according to the latest jobs report from the National Apartment Association. The city leads all United States metros with...
Dwelo Investing $20 Million To Bring Smart Technology To Apartments

Dwelo Investing $20 Million To Bring Smart Technology To Apartments

A leading smart-technology company in the multifamily space is investing $20 million to bring more smart technology to apartments such as thermostats, locks, light switches, and more to apartment communities, according to a release. Dwelo...
Renter Migration Patterns Show Portland As Affordable Alternative to San Francisco, Seattle

Renter Migration Patterns Show Tech Workers See Portland As Affordable Alternative

A new report on renter migration patterns shows Portland is seen as an affordable alternative to San Francisco and Seattle according to the report from Apartment List. The study looked at which parts of the...
Pet Owners Check Pets on Camera More Often Than Friends and Relatives

Pet Owners Check Pets on Camera More Often Than Friends and Relatives

Pet owners like to check on their pets on camera when they are away from home, and 73 percent check their pet cameras while on vacation, according to new research. The survey, commissioned by Comcast...
Portland multifamily rent growth has cooled due to more than 5,000 units coming online in 2018 with rents increasing only 1.9% year-over-year through February,

Portland Multifamily Rent Growth Cools

Portland multifamily rent growth has cooled due to more than 5,000 units coming online in 2018 with rents increasing only 1.9% year-over-year through February, below the 3.6% national average, according to the spring report...
Apartment Market Conditions Weaken Due to Continued COVID-19 Impact

Growing Homes Together Resource Center Launches

The National Multifamily Housing Coalition (NMHC) and the National Apartment Association (NAA) have launched a new website called Growing Homes Together (www.growinghomestogether.org) to provide  an online resource for housing-affordability solutions at the state and...
How the Pandemic Will Affect the Future of Apartments And What People Rent

Multifamily Rents Grow More Slowly as 2019 Shapes Up to Be a Weak Year

The average U.S. multifamily rent has risen $14 over the last three months, "which is a decent performance but far short of the levels of recent years," according to the May report from Yardi...
Landlords Ask For More Changes to Proposed Portland Tenant-Screening Ordinance

Landlords Ask For More Changes to Proposed Portland Tenant-Screening Ordinance

Landlords again pushed back against a proposed Portland City Ordinance on tenant-screening criteria in a public hearing in late May asking for more changes and sharing concerns. The council has set a vote on the...