Category: Uncategorized

Portland is projected to normalize by March 2027 at 5.5% mortgage rates. At 6.7%, the timeline stretches to January 2030. Cost struggles persist, but slowing prices give relief. Portland’s income growth is steady, helping market resilience. Recovery paths depend strongly on mortgage rate movement.

Slide 1: Portland housing through 2027: slow, steady growth, no wild booms or crashes expected. Slide 2: Home prices may rise ~2% yearly; slight -0.8% dip possible by early 2026. Slide 3: Rent growth may hit ~3% annually by 2026–27, keeping investments attractive. Slide 4: Population adds ~300,000 residents, creating steady demand for ~120,000 new…

Slide 1: 🏘️ Portland adopts a Unified Housing Strategy to tackle the city’s decade-long housing crisis. Slide 2: ⚡ City Council vows to align policies, streamline solutions, and address homelessness effectively.

Slide 1: 📈 Suburban rents are climbing faster than Portland city. Slide 2: 🏡 Median three-bedroom rent: $2,695 in Portland; some suburbs exceed $2,922/month.

Mortgage rates high but steady – Currently around 6.7–6.9% and expected to ease slightly by year-end, giving buyers more stability when planning purchases. Inventory rising, prices cooling – Supply has grown to its highest post-pandemic level, offering buyers more choices and slowing home price growth significantly. Homeownership costs increasing – Property taxes and insurance premiums…

Portlans retail vacancies soar, doubling housing supply — buyers now hold serious power. Housing inventory doubles pre-pandemic levels, giving buyers power; prices may drop 8-10% by 2025.

Renter households are growing fast — 2.5% vs. 0.8% owner growth this year. Single-family starts expected ↓ 3.0% in 2025, ↓ 0.5% in 2026, then rebound in 2027. Multifamily housing is booming — up 6% in 2025 as buyers shift to renting. Inventory of unsold new homes nearly 4× higher since 2022 — builders feel…