Blog Posts

Contradictory Court Decision on Portland Relocation Fee Classifies it Illegal "Rent Control"

The Oregonian/Oregonlive reports that a second lawsuit involving the City of Portland Relocation fee determined the fee to be illegal under state law as a form of "rent control." According to the...

Multifamily Marketwatch Podcast - March 18, 2019

This week: Since 2010, Seattle has been the fastest growing city in the U.S. but new evidence suggests the boom may have passed; a new report finds rents in Portland are recovering from a decline...

Portland City Council to Vote on Security Deposit and Tenant Screening Reforms April 3, 4

Portland City Commissioner Chloe Eudaly plans to bring her proposals for security deposit and tenant screening reforms to the rest of the City Council next month. Her office has been working on...

After Recent Decline, Portland & Seattle Rents Climbing

Rents in Seattle and Portland have increased the past two months after some recent decreases. Read the details on Portland's and Seattle's rents in these stories from the Rental Housing Journal.HFO...

Report: Hoarding is Protected as Disability by Fair Housing Act

In a new report, editors of the Rental Housing Journal write "Hoarding is a mental disability you may encounter as you work on a property. People who suffer from hoarding are protected under fair...

U.S. Census Bureau: Greater Portland Rental Vacancy Ties for Nation's Third Lowest at 2.4%

The U.S. Census Bureau reports that fourth quarter 2018 rental vacancy rate for the Portland/ Vancouver/ Hillsboro metro area was 2.4%, a decrease of 0.2% from a year...

Washington Post Report: "Homeownership is Back In."

The Washington Post reports on a sharp increase in the number of homebuyers in 2016 as the once-rapid growth in renter households stalled. Read more.  HFO Investment Real Estate specializes...

Multifamily Marketwatch - March 11, 2019

This week: The Brookings Institute says Oregon's rent control policy won't help affordability; Portland's newest city councilor reveals her priorities in a newspaper interview; and Tri-met is selling...

After Sharp Drop, Seattle Home Prices Jump $45,000 in One Month

The Seattle Times reports that as condo prices and single family home costs in neighboring counties continue falling, King County homes increased sharply. Read more.HFO Investment Real Estate...

Brookings Institute: "Oregon's New Law Will Not Fix the Underlying Problem of High Housing Costs"

Jenny Schuetz, the David M. Rubenstein Fellow at the Brookings Institution, wrote an article discussing the shortcomings of Oregon's new rent control program. According to Schuetz, "Oregon's new law...

Educational Events on Oregon's Statewide Rent Control Law

Lunch Training - Wednesday, March 20thOn Wednesday, March 20th, Multifamily NW will offer a training seminar on SB 608 - Oregon's rent control legislation. Where: Multnomah Athletic Club, 1849 SW...

Statewide Rent Control in Oregon Means New Renter Forms: Order Yours Here

Multifamily NW has new forms available for Oregon rental properties. Click here to preview and download the order form.  Fill out the attached form and send to Multifamily NW by email or...

Multifamily Marketwatch - March 4, 2019

Oregon is now the first state with statewide rent control; the Portland City Council delayed its placard requirements for unreinforced masonry buildings and a new Census Bureau report finds that...

Apartment List: Portland Saw 10th Highest Growth Rate for High Income Renter Households

According to a new report by Apartment List, the number of high income renters in the Portland Metro Area grew by 93% between 2008 and 2017, the 10th highest growth rate in the nation. During that...

Chloe Eudaly Asks City to Research Possible Tax on Landlords With Vacant Units

In case you missed the latest news, Chloe Eudaly has now asked the Division of Revenue to look into a possible tax on rental units, among other options, equating landlords with vacant units to...

Expert: "Alarm Bells Ringing" in Portland City Government Over Pending Slowdown in Housing Construction

The President of ECONorthwest, John Taponga, told attendees at a Portland Business Alliance breakfast forum last week that Portland's homeless crisis was being driven by the high cost of housing...

Multifaily NW Responds to SB 608 and State Rent Control

With rent control coming to Oregon, Multifamily NW asked that lawmakers offer direction and resources for research and follow-up, among other things. Read more.   The editors of the Rental...

Oregon House Passes Rent Control Bill

The Oregon House of Representatives passed Senate Bill 608 with a 35-25 vote today. The bill's passage makes Oregon the first in the nation with a statewide rent control policy. It caps annual rent...

Portland Wants Earthquake Ready Buildings - But What's the Cost?

Is the Portland City Council ready to reconsider its recent ordinance requiring placards on unreinforced masonry buildings? Their commitment to such a requirement now appears to be wavering in the...

Multifamily Marketwatch - February 25, 2019

The City of Portland has extended its housing emergency another two years to 2021; Oregon Senate President Peter Courtney proposes a bill requiring cities to upzone land within a half mile of...