News Headlines for Portland, Oregon : 2016 Quarter 3

9/21/2016

Tiny Homes

Portland has a great interest in tiny homes but there are several ordinances you should familiarize yourself with before considering to build.

picture courtesy of countryliving.com

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9/8/2016

Billions are Being Moved into Real Estate by Investors

The S&P 500 is adding a division for real estate stocks.  This is because the officials at S&P Dow Jones think the industry is large enough and should be split off.  Investors looking for balance in their portfolios will have to make some adjustments.

picture courtesy of thelakeexpert.com

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8/23/2016

Oregon has a Shortage of Appraisers

With a shortage of appraisers In Portland, it is taking a minimum of 45 days from the day of acceptance to get a home appraised.  This is causing a lot of problems down the line with negotiations of sales price, living situations, and no time to challenge an appraisal.

picture courtesy of businessinsider.com

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8/17/2016

Portland’s Tourist Boom is Encouraging Makeovers of Older Hotels

Hotels are packed because of Portland’s popularity and with that there is a surge in hotel projects getting unerway.

picture courtesy of tripadvisor.com

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7/19/2016

More Americans Prefer Real Estate over Stocks

One quarter of Americans said that their prefered option for investing for at least 10 years was real estate followed closely by cash.  Stocks and precious metals were quite a bit lower in preference while bonds were the least popular.

picture courtesy of sunshineexclusiveproperties.com

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7/6/2016

United States Real Estate is being Flooded by Foreign Buyers

Foreign buyers are spending less overall but are purchasing more.  In other words the value of the homes they are buying are typically higher than the median price of all U.S. homes yet are more economical than in the past.  This may be due to investers looking beyond the most expensive cities.

picture courtesy of asianfortunatenews.com

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