Category: Uncategorized

Oregon’s rent increase limit for 2025 is set at 10%, covering residential units aged 15 years and older. Senate Bill 611, passed in 2023, caps allowable rent hikes at 10%, even amid inflation.

Construction of a new affordable housing development is underway in North Portland. The project will feature 75 units, including one-, two-, and three-bedroom apartments for local families.

Oregon's rent increase cap for 2025 remains at 10%, as per the state's 2019 rent control law. The cap is determined by adding 7% to the annual CPI change or limiting it to 10%, whichever is lower.

Use agent-matching services to find a local agent. Negotiate lower rates. Request CMAs and consider an appraisal ($250–$400).

Single-Level Layout: Avoid stairs for better mobility. Accessible Kitchen: Features lower countertops and reachable storage.

The Columbia Boulevard Wastewater Treatment Plant is undergoing a ~$739K upgrade to improve monitoring and control systems.A $1.5M project will convert a parking lot into a temporary shelter with sleeping pods.

High property prices and supply shortages, exacerbated by high mortgage rates, keep affordability low.New single-family home sales dropped by 11.3%, and new residential construction decreased by 5.5%.

Homeowner spending on upgrades is set to rise through early 2025. Annual spending on home maintenance and improvements will exceed $466B through Q2 2025.

Bank of America predicts interest rate cuts will start in December, despite investor expectations for September.Fed Chair Jerome Powell's decisions will depend on both inflation rates and economic conditions.