Items Tagged with 'Portland'

ARTICLES

  • Oregon close to becoming first U.S. state to ban single-family-only zoning

    Redfin claims House Bill 2001 could nearly triple for-sale housing in Portland
    Earlier this month, Oregon’s legislature passed House Bill 2001, a measure that will require cities of more than 10,000 people to permit duplexes in areas currently zoned for single-family usage. The bill, which received bipartisan support, is set to go before Gov. Kate Brown, D-OR, who is expected to sign it, therefore positioning Oregon as the first state to ban single-family-only zoning. If passed, Redfin claims the measure could have a significant impact on Portland's housing market.
    Read More
  • Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

    Buying 16 Class-B properties in Seattle, Portland, Los Angeles, and Denver
    With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.
    Read More
  • Fitch: Is there a housing bubble in these hot, hot markets?

    Texas is hotter than ever, but is it sustainable?
    Housing in the state of Texas was hotter in 2016 than it’s ever been before, but is real estate in the Lone Star state getting too hot? A new report from Fitch Ratings suggests that Texas is one of a few states where home prices are not only unsustainable, they’re overheating.
    Read More
  • Hey West Coast! Your homes are worth more than you think

    Quicken Loans: West Coast bucks national trend
    Good news for folks living on the West Coast, your homes are worth more than you think. A new report from Quicken Loans found that homeowners in the West tend to think their house is worth less than what the appraisal turns up. As for the rest of the nation, they lean the other direction.
    Read More
  • Here are the 3 hottest housing markets of 2016

    Ready for 30 offers over the weekend?
    These three cities made the list for Redfin’s hottest housing markets. So what are the key factors making these cities so hot? Homes can receive up to 100 showings in a weekend, and up to 30 offers. Plus, they are usually off the market within eight to 10 days.
    Read More