When mortgage rates were near historic lows in 2021 and 2022, Portland buyers stretched into the city’s outer neighborhoods to get more house for less money. That trade-off made sense when borrowing was almost free. Now, with rates still elevated, according to Scott Edelman, a Realtor with Sold by Scott, homes on Portland’s edges are ...
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For the past few years, buyers shopping for cottage cluster homes in Portland, Oregon faced a strange tradeoff: newer, efficient homes in walkable neighborhoods, but often tiny, sometimes under 800 square feet. That cramped footprint wasn’t a design choice. It was a direct result of the city’s fee structure, which forced developers to build small. ...
Portland set a goal of adding 6,000 housing units per year through 2032. Last year, the city managed 1,652. That shortfall has created space for development models that don’t follow the conventional acquire-permit-build sequence. One emerging approach skips the land acquisition step entirely by partnering directly with existing landowners who have buildable space but no ...
The conventional wisdom about Portland-area real estate focuses on interest rates and inventory – the same forces shaping markets nationwide. But in Beaverton, a suburb where Intel, Nike, and Columbia Sportswear employees fill entire neighborhoods, a more localized trigger determines whether buyers show up at all: the corporate fiscal calendar. When bonuses land and stock ...
Walk through an open house in Northeast Portland on a Sunday afternoon, and you might see something that’s been rare for a while: a handful of serious buyers, genuine competition, maybe a few offers by Monday morning. Drive out to the suburbs, and the picture is different. Homes are sitting. Sellers are cutting prices. Days ...
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Arkansas is known as one of the most landlord-friendly states in the country. The deposit rules still carry real penalties for owners who ignore them. Out-of-state investors often hear that Arkansas is one of the easiest places in the country to own rental property. Jerry Larkowski does not argue with that reputation. “I plead guilty ...
Twice in two years, Austin’s residential real estate market has built momentum toward recovery – and twice, external economic disruptions have stalled it. The pattern points to a market not in decline but in a holding pattern shaped more by geopolitical uncertainty than by local fundamentals, according to Brooke Roeder, Principal of the Roeder Group ...
In most real estate transactions, the sequence of financial commitments works against the buyer. Non-refundable due diligence fees, earnest money deposits, inspection costs, and appraisal fees are all paid before the buyer has a clear picture of a property’s actual condition. When problems surface – foundation damage, structural issues, faulty wiring – buyers who walk ...
For much of the past several years, sellers in St. Paul, Minnesota, had the upper hand. Low inventory, intense buyer competition, and rapid price appreciation made it easy to list a home and attract multiple offers. That dynamic is changing. Listings in St. Paul are up roughly 12 percent over last year, according to Shawn ...
The combination of snow load, seismic, wildfire, and energy requirements means every new home is a luxury product by default – and the market is adjusting accordingly New construction in most mountain resort towns is expensive. In Truckee and North Lake Tahoe, California, the cost of code compliance alone prices out all but the luxury ...
Most cash offers in Marin County don’t come from tech workers carrying suitcases of stock-sale proceeds. They come from parents funding a child’s purchase, or from buyers drawing on personal IRA accounts and securing conventional lending afterward. The distinction matters because the popular narrative – that the Bay Area’s cash-heavy markets are simply a function ...
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