Every building has a story, some are just more interesting than others. Take for example, the latest Oregon properties to be listed in the National Register of Historic Places: The 1915 Fairview City Jail, a concrete building with “ornate” iron cell gates that never really served as a jail, and an 1929 English Arts & Crafts-stylehouse […]
PORTLAND, Oregon—Across Portland’s Albina district, chic cafes advertise pour-over coffee and delicacies such as blueberry basil donuts. On Mississippi Street, hollowed-out school buses and roadside stands sell vegan barbecue and bacon jam empanadas. The street signs read “Historic Mississippi,” a nod to the area’s century-old roots, but it’s increasingly difficult to find spots that don’t […]
PORTLAND—This city that prides itself on being different has been experiencing a problem all too common of late. It used to be unique, people say, a utopia where people could get tattoos and ride their bikes everywhere and just be weird. Portland was so affordable, as the slogan went, that young people went there to […]
A West Linn mansion listed for $18 million comes with bidets, a Benihana hibachi table and bragging rights that Bruce Willis slept here. It’s not the most expensive residential listing ever in Oregon, but the Mediterranean palace on 35 acres, named Villa de l’or (house of gold or mountains), is at the very top right now. Listing […]
SEATTLE, WA – Denver, Seattle and Portland, Oregon are the hottest real estate markets so far in 2016, according to Redfin, the next-generation real estate brokerage. In its latest report, Redfin measured housing markets’ hotness based on the percentage of listings designated as Hot Homes, those likely to go under contract within 14 days according […]
When it comes to staying above water in terms of their mortgages, Portlanders are staying afloat much more than homeowners in other metro regions across the country. According to a new report from real estate firm Zillow, Portland has the third-lowest rate of negative equity in the United States. Negative equity is when a homeowner […]
It’s not (just) a façade: Portland’s tourism market really is supercharged. Here are 10 hotel projects—some brand-new, some retooled—that will soon cash in on that demand. You thought the Portland skyline couldn’t possibly pack in any more condos, cranes, and high-rises? Bear witness to the storm about to hit: Portland’s next big hotel boom. As the Portland […]
Quick Hits: If you’re planning to buy a home, do it now before prices go higher. If you’re thinking of buying a rental property as an investment, be careful how much you pay. Investments in housing developments will do well in the next couple of years, especially apartment projects. Mortgages written now will be protected […]
The supply of homes for sale in Portland has declined 31.6 percent since last April, the largest drop of any major city in the country, according to a new report. And the resulting shortage has helped push Portland home prices up 15.1 percent to $325,400 over the past year, the second-highest increase reported by the […]
PORTLAND, Ore. — Portland’s housing market is booming right now, but apparently so is the luxury housing market. In a new report from Christie’s International Real Estate, Portland comes in at number 8 on a list of the world’s hottest luxury housing markets. “This house is listed at 2.7 million,” said Terry Sprague, as he […]