Light, Bright, and Solid 3 bedroom / 1 & and half bath Cape Cod in prime Irvington neighborhood.
Sunny, 2 BR – 1 & 1/2 BA condo designed for easy low-impact living!
2 Bedroom/ 2 Bath Victorian, with a modern open layout!
Portland has some interesting new higher density zoning coming our way. There’s a plan in the works that changes the density of some of our neighborhoods, especially along transit corridors. It’s big. We’re happy to chat with anyone about what’s happening behind the scenes if you’re curious.
Think ‘that’s not me, I live in a single family zone’? Currently in-process in the House of Representatives is a proposal from House Speaker Tina Kotek to allow multifamily in single family residential areas. It’s a throwback to the old days when Portland neighborhoods were a mix of single family and a few duplexes and triplexes mixed in. The proposed plan adds duplexes to single family zoning in Oregon cities with a population of 10,00 or more and cottage clusters and up to fourplexes in Oregon cities with populations above 25,000. You can read more about this here…
Change is coming!
Data isn’t out yet for May, but April RMLS Market Update reported a 5.5% sales price increase year over year. Although we’re still appreciating, it’s not at the rates of the past. Sales are slower. It’s still a sellers’ market, but one that requires more patience for sellers. Inventories of homes are rising, which allows buyers more choice. Buyers are getting more determined to find the perfect home, rather than any home that will work. Homes are taking longer to sell, even in our robust spring market. It’s a transition in our market we’re adjusting to. Check out this link for more information…
And just like that, Summer is here! Or it certainly feels like it. No one does summer quite like Portland, we think; with a wealth of amazing festivals celebrating cultures, the arts, delicious food, beer and cider, etc. This is definitely our favorite online calendar for local events. Event Brite breaks things down into event types to make for easy browsing. Scooperbowl All-You-Can-Eat Ice Cream Festival at Pioneer Place, anyone? Start planning your summer now!