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Tag: Affordable Housing

Portland Leads West Coast Metros in Rising Home Prices Amid Slowdown
Posted on 09/03/2019
Portland Leads West Coast Metros in Rising Home Prices Amid Slowdown
Image by David Mark from Pixabay More evidence points to 2019 as being a more normal market for home price appreciation. Prices are still increasing but at a much lower rate than in past years. The days of double digit price appreciation are no longer evident. However with mortgage rates dropping to near record lows, strong employment and...
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Can Tech Firms Rescue Cities From Affordability Woes?
Posted on 08/12/2019
Can Tech Firms Rescue Cities From Affordability Woes?
Image by rawpixel from Pixabay According to the firm HSH, the salary needed to purchase an average house in Portland, OR in May 2019 was $82,165. This made us the 10th least affordable market. Efforts are being made in the public sector to address some of the underlying issues such as land cost. As an example, Oregon recently...
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