Blog Posts

Harvard JCHS Releases State of Housing Report for 2018

Harvard University's Joint Center for Housing Studies released its State of the Nation's Housing report for 2018. The report digs into a number of trends impacting the housing industry. Among the...

Portland City Council Approves New Short-Term Rental Fees

The Portland City Council voted unanimously today in favor of a 2% fee on total revenues for short-term rentals in the city. The 2% fee not only includes AirBnB and HomeAway vacation rentals, but...

Multifamily Marketwatch Podcast - June 18, 2018

This week: The Portland City Council puts off for another year a vote on seismic retrofit requirements; The National Multifamily Housing Council reports that over 30 percent of the cost of...

Study: More than 30 Percent of Multifamily Development Cost Attributable to Regulation

WASHINGTON, D.C.—Regulation imposed by all levels of government accounts for an average of 32.1 percent of multifamily development costs, according to new research released today by the National...

Portland City Council Punts Mandate for Seismic Retrofits -- Another Year of Study

The Portland City Council voted yesterday to advance the retrofit requirement with the condition of a more inclusive workgroup to conduct further study. It means that the mandate may take effect...

The Potential For Earthquake Damage in Portland: Another Opinion

We often hear from one expert (Chris Goldfinger) when it comes to how likely it is Portland will experience damage from an earthquake. Let's take a step back for a moment to hear from Professional...

Federal Reserve Raises Benchmark Interest Rate for Second Time This Year

The Federal Reserve raised its short-term interest rate a quarter point to 2% today. This is the second time it has raised the rate this year, after raising it three times in 2017. The Fed expects...

Wheeler Defends High Price of New Affordable Housing Bond Purchase

Portland Mayor Ted Wheeler announced last week that the city intends to purchase a nearly completed development at E 105th & Burnside using money from the affordable housing bond passed in 2016...

Hearing & Vote on Portland Seismic Retrofit Requirements is Tomorrow, June 13 at 10 am

The City of Portland will hold its final hearing and vote on requirements for seismic retrofits tomorrow at 10 am at City Hall. Read more at the City of Portland website. Read more at Save...

Portland's Better Housing By Design Public Hearing is Today @ 5 pm

The Planning and Sustainability Commission will hear testimony on the Better Housing by Design project in person at the hearing and will accept written testimony up to June 25 at 5 p.m. The public...

Multifamily Marketwatch Podcast - June 11, 2018

This week: After holding off for several months, the City of Portland begins spending money from the affordable housing bond; Metro receives requests from four cities in Oregon to expand the urban...

Metro Council Sends $650 Million+ Affordable Housing Levy to Voters

This November, voters will decide on a $652 million bond that Metro claims will build up to 3,900 affordable homes in the Portland metro area. Gerard Mildner, academic director for Portland State...

City of Portland 2035 Central City & Comprehensive Plans Final, Fully Enacted

The City of Portland has finalized and approved the official version of the 2035 Central City Plan. The 2035 Comprehensive Plan, adopted in 2016, became effective on May 24, 2018.   HFO...

Decoding Portland's Renter Relocation Requirements

Portland attorney Andy Hahs offers details of the City of Portland's relocation fee program. Hahs also covers potential issues with the recent draft of the City of Portland's tenant screening...

Portland City Council to Vote Today on Central City 2035 Plan

The Portland City Council will vote on whether to adopt he Central City 2035 plan at 2pm this afternoon (June 6th). The plan will affect zoning, density bonuses, and height limits in the central...

Tenants Facing Rent Hike Ask City of Spokane for Help

Tenants at the 12-unit Westview Manor in the South Hill neighborhood of Spokane who received notices of rent raises up to $500 per month are asking the city for help. The building's new owner has...

City of Portland Using Bond Money on First Turnkey Project

The City of Portland has agreed to purchase a development on SE 105th Avenue and Burnside using $14.3 million from the affordable housing bond passed in November 2016. The purchase is part of the new...

PSU: Hundreds of New Studio Rentals Planned Near Campus

The Portland State student newspaper Vanguard reports that hundreds of new student housing units will soon be available near PSU. The paper reports that the Portland Design Commission has approved...

Oregon State Government Announces $54 Million For 837 Affordable Housing Units

The Oregon Housing and Community Services Department announced today that it will make nearly $54 million available for development of 837 affordable homes throughout Oregon. The current round of...

Multifamily Marketwatch Podcast - June 4, 2018

This week: The Portland City Council took an initial vote to allow taller buildings in Portland's Chinatown; Tacoma appears on track to overtake Spokane as the Washington state's second largest city,...