July 20, 2022: The Orchard Court Apartments, a beautiful 50 unit apartment complex in Keizer, Oregon, sold for $9,000,000. The property consists of ten buildings, off-street parking, and most of…
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Despite the pandemic, the plex market demand for 3-4 unit buildings is still high. Similar to the residential market, the 3-4 plex market has a high demand from buyers, especially…
In an open letter to Metro Family NW members, Executive Director Deborah Imse wrote about a potential last minute extension to the Oregon eviction moratorium. This is contrary to the…
Apartmentlist.com’s latest rent report is out, they are reporting that rents are recovering post COVID across the country, with Portland rebounding slightly at a 0.6% month-over-month increase. The national rate…
In a release on December 15, Kate Brown is calling a special session, which most likely includes extending the eviction moratorium and a relief fund for landlords and tenants. The…
TOP TREND #4: Migration Patterns Away From Urban Core I am seeing 3 major migration patterns due to COVID: #1: Covid tended to get people to move from urban to…
2020, what a year! Last week, I gave one of our quarterly seminars regarding the top apartment market trends I am seeing during the pandemic. While a lot of uncertainty…
In their December, 2020 report, Apartmentlist.com outlines the rental decreases in Portland and the increases in the surrounding areas like Hillsboro, Beaverton, and Gresham, Oregon, which matches the urban decreases…
Oregon lawmakers are in session at this moment, on the docket is a proposal for extending Oregon’s tenant eviction ban. Currently, the Oregon eviction ban is scheduled to end at…
Friday afternoon I received an email from my property manager informing me of a surprise legislative hearing about allowing tenants to not pay rent until July 1, 2021 if they…
