Troutdale Real Estate News
Real Estate news for Troutdale, OR continually updated from thousands of sources.
Tuesday Jan 26 | via Portland Tribune
Housing affordability emerged as a major issue Tuesday during the City Council's first work session on the comprehensive land-use plan update that will guide Portland's growth during the next 20 years. The council also admitted it will take longer to approve the update than expected last week. Comment?
Friday Jan 22 | via Portland Tribune
After years of record rent increases across the country, a national real estate tracking firm predicts they will slow down in 2016 - but Portland increases will still be among the nation's highest. "Hot markets are still going to be hot in 2016, but rents won't rise as quickly as they have been," says Dr. Svenja Gudell, chief economist for Zillow, which tracks rents and home prices across the country. Comment?
Thursday Jan 21 | via Portland Tribune
Home prices in the already overheated Portland area housing market are expected to skyrocket when the rains let up in the spring, according to local real estate experts who have reviewed the most recent supply and demand figures. 'The Portland metro housing market continues to be red hot on a seasonality basis, but this winter will be even more intense given the decrease in the number of homes for sale in a market that was already experiencing dangerously low inventory levels,' says Lennox Scott, chairman and CEO of John L. Scott Real Estate. Comment?
Thursday Jan 14 | via Bike Portland
Inclusionary zoning would let cities turn the voluntary agreements that have made the Pearl District relatively income-diverse into mandatory rules. Oregon just got some powerful new voices in support of ending the state's unusual ban on a type of zoning designed to preserve income-diverse neighborhoods. Comment?
Jan 6, 2016 | via Willamette Week
But on Jan. 5, Multnomah County disclosed that, unlike dozens of counties across the country, it had won a settlement against Mortgage Electronic Registration Systems Inc., a giant bookkeeping service banks use to facilitate mortgage transfers. That had two consequences: It made it difficult for people to know who their mortgage lender was; and second, it deprived the county of millions of dollars in recording fees. Comment?
Saturday Feb 6 | via OregonLive.com
The YARD, in Portland, will have 284 units set aside for people making up to 60 percent of the median income. House Speaker Tina Kotek had the attention of 1,300 elected and business leaders during December's Oregon Leadership Summit. Comment?
Friday Feb 5 | via Housing Wire
Oregon residents should avoid doing any kind of business with Liberty One Mortgage because the company is unlicensed, unregistered, and is engaging in mortgage fraud, the Oregon Department of Consumer and Business Services said earlier this week. According to the Oregon Department of Consumer and Business Services' Division of Financial Regulation, Liberty One Mortgage is a California-based company that was offering loan modification services to Oregon residents. Comment?
Wednesday Jan 20 | via The Newberg Graphic
The proposal, released Thursday hours before a public hearing on the issue at the capitol, would gradually boost the minimum from $9.25 to $15.52 in 2022 only in the greater Portland area. Comment?
Monday Jan 18 | via The Oregonian
The housing market, both for rentals and ownership, is in crisis, with demand for affordable, accessible housing far exceeding the supply. Despite 2015's unprecedented cost increases in the rental and homeownership markets alike, too little attention has been paid to affordable housing in Oregon. Comment?
Thursday Jan 14 | via Portland Tribune
The proposal, released on the same day of a 6 p.m. public hearing on the issue at the Capitol, would gradually boost the minimum from $9.25 to $15.52 in 2022 only in the Greater Portland area. Housing prices and cost of living have prompted researchers from one Portland-area think tank to describe the need for a higher minimum as "urgent." Comment?
Yesterday | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Yesterday | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Yesterday | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Yesterday | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Yesterday | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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