Blog Posts

Rental Reduction: Illegal AirBNBs Expected to Eliminate 1,500 Rentals

AirBNB has admitted it's the reason rentals have been reduced by at least 1,400 in Portland. There are probably more, but the city isn't doing much to enforce regulations on the industry. Read...

Report: Oregon Has Underproduced Housing by 155,000 Units Since 2000

A new report issued by Up for Growth and ECONorthwest finds that Oregon has underproduced new housing by approximately 155,000 units since 2000, despite robust construction activity over the past few...

Multifamily Marketwatch Podcast - October 22, 2018

This week: Will Oregon's record low unemployment rate and increased hiring plans by employers put upward pressure on wages? The Portland metro area apartment vacancy rate remains relatively flat from...

HFO Recognized by the Portland Business Journal as a Top Corporate Philanthropist

At yesterday's Corporate Philanthropy awards event, HFO ranked among the largest cash donors to charity in its size category. Marketing Director Aaron Kirk Douglas accepted the award from...

Opinion: Let's Not Save Land Next to Rail Line to Bridgeport Village for Mansions

Do we really need giant houses along a future light rail line that will cost local residents at least $1 billion? In a recently published article for the Sightline Institute Author Michael Anderson...

Multifamily NW Fall 2018 Apartment Report Released

At this morning's Multifamily NW Apartment Report breakfast, the fall 2018 report was released. The metro-area rental vacancy rate has decreased slightly over the past six months, but the...

Multifamily Marketwatch Podcast - Monday October 15, 2018

On Sunday, the Oregonian/Oregonlive endorsed Knute Buehler for Oregon's next governor. Now that the race for governor is a statistical dead heat between Buehler and incumbent Democrat Kate Brown,...

City of Portland: URM Signage Required on Private Buildings by March 1, 2019 | Commission Takes Up Renter Screening Proposal Tuesday 10/16/18

The Portland City Council voted yesterday to require signage for unreinforced masonry (URM) buildings according to the following timeline: The signs are required to be durable 8”x10” placards with...

Multifamily Marketwatch Podcast - Monday October 8, 2018

This week: An 18-month review of the City of Portland inclusionary Housing Program leads the Housing Bureau to plan refinements to the program. The Portland City Council will vote Wednesday morning...

Upcoming Rental Services Commission & City Council Meetings on Tenant Screening, URM Placards

The Portland City Council did not vote on October 3rd on the placard/notice issue. They are taking a vote on Wednesday, October 10th at 9:45 am at City Hall. Read the final draft here. The Rental...

Bend Bulletin Editorial: Don't Be Like Portland

An editorial in the Bend Bulletin urges the city to avoid following in the footsteps of Portland when it comes to landlord-tenant law. The Bulletin takes particular issue with Portland's 90-day...

Portland Housing Bureau 18-Month Review of Inclusionary Housing Program

The Portland Housing Bureau released an 18-month review of the city’s inclusionary housing program last week. The report, which lacks clarity regarding many of its data points, finds that there are...

Real Clear Politics: Oregon Governor's Race a "Tossup"

Now that the race for Oregon Governor is a statistical dead heat between incumbent Democrat Kate Brown and her Republican challenger Knute Buehler, we're reposting Buehler's speech from the HFO...

Eudaly Eliminates Leaf Fees

Commissioner Chloe Eudaly, who is newly in charge of the Portland Bureau of Transportation, announced today that she is eliminating the leaf fees property owners have had to pay since 2010. Leaf...

Gubernatorial Candidates Brown & Buehler on Housing Issues

As part of an ongoing series on policy platforms, the Oregonian published an article highlighting gubernatorial candidates Kate Brown and Knute Buehler's stances on housing policy.  On the...

Multifamily Marketwatch Podcast - October 1, 2018

This week: Metro Council is working now on plans to quickly allocate monies to build or preserve up to 3,900 units of affordable housing if a $516 million bond levy is supported by voters in next...

Sold! 14 Units in Vancouver, Washington

The seller of Shady Lane (1977) was motivated to sell due to a rapidly changing market (i.e., interest rates increasing, additional regulation of rental properties in Washington, etc.) and sought to...

Fed Raised Interest Rates by a Quarter of a Percent, Plans to Raise Rates Again in December

The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, bringing the rate to between 2 and 2.25%. This is the eighth time since 2015 the Federal Reserve has raised...

Seattle Judge Upholds Cap on Move-In Fees for Renters as Portland Commission Mulls Changes

In one of several ongoing cases between multifamily owners and the City of Seattle over regulations, a judge has ruled that the city can limit deposits renters can be asked to pay Seattle passed an...

Tenant Screening Proposal on Hold

The Oregonian reports that Commissioner Chloe Eudaly's proposal to change tenant screening criteria has been put on hold due to opposition from landlords and developers, including affordable housing...