Items Tagged with 'Portland, Oregon'


  • 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.
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  • Here are winter’s top 5 hottest single-family housing markets

    Ten-X report shows markets to watch out for in 2016
    Of the five markets highlighted in Ten-X's winter 2015 single-family market rankings, only Las Vegas is new to the top five, jumping from 20th place to fifth place. The top three — Seattle, Fort Lauderdale, and Orlando — remain unchanged, while Portland squeezed ahead one spot from fifth place to fourth place.
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  • Portland House Sales Rise on Lower Median Price

    Portland, Ore. home sales in July saw the first year-over-year increase for any month since 2006, according to MDA DataQuick, but the median sales price declined nearly 2% from June and is down almost 13% from a year ago. The 3,375 new and resale houses and condos sold in the Portland-Vancouver-Beaverton metropolitan statistical area (MSA) in July 2009 was a 9.3% increase from June and a 5.8% increase from July 2008. It’s the highest number of sold homes since August 2007, when 4,242 were sold, breaking a 40-month streak of continuous year-over-year monthly sales numbers.
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  • eLynx Expands Document Services in Portland

    Cincinnati-based digital document services provider eLynx opened a second print/mail center in Beaverton, Ore., outside Portland. The firm, a subsidiary of American Capital [stock ACAS][/stock], began its presence in the region when it acquired SwiftView in 2006. As more lenders move toward electronic document delivery, the demand for eLynx services has increased.
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  • Seasonality, Organic Sales Moving Prices in Portland

    Median sales prices inched up from May in the Portland area despite home sales lingering at a 15-year low in June. The median sales price for all house types rose 2.1% from May to $247,960, nearly 13% below the year-ago median price in the Portland-Vancouver-Beaverton, OR-WA metro area, according to a survey by MDA DataQuick. The real estate information service, which tracks trends nationally, saw 3,088 new and resale houses and condos close escrow during June, up 25.3% from May but still 5.8% below the year-ago level.
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  • Portland Home Sales Drop, Median Mortgage Price Holds

    Portland-area’s May home sales fell to that month’s lowest level in 15 years as the pool of discounted foreclosures dried up, but the median sales prices are not shrinking at the rate of most other western markets. According to a report from MDA DataQuick, a San Diego-based firm that watches real estate data across the nation, foreclosure resales in the Portland-Vancouver-Beaverton metro area jumped to 17.2% of all resales. In most western markets, foreclosed homes make up half of all resales.
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