HFO Multifamily Marketwatch
HFO's team of researchers and experts in the apartment market for Oregon and Washington review the latest news of interest to area multifamily owners and investors.
info_outline Multifamily Marketwatch - August 19, 2019 08/19/2019
Multifamily Marketwatch - August 19, 2019 This week: Representatives of landlord and tenant groups question the Portland Rental Services Office's use of funds generated by the new rental services fee to pay OneApp Oregon for renter data; economic indicators are causing investors to worry about a potential recession; a report from the Terner Center for Housing finds that impact fees are negatively impacting housing construction in California.
info_outline Multifamily Marketwatch Podcast - August 12, 2019 08/12/2019
Multifamily Marketwatch Podcast - August 12, 2019 This week: The Portland City Council approved an annual $60 per unit fee on rental housing; Oregon Secretary of State Bev Clarno released a report on end-of-budget-cycle spending among state agencies, issuing 16 recommendations to improve transparency in state budgets; the National League of Cities' Housing Taskforce is calling on cities to work together to collect and share data in order to take on the nationwide housing shortage.
info_outline Multifamily Marketwatch Special Edition: Greater Portland, Inc. 08/07/2019
Multifamily Marketwatch Special Edition: Greater Portland, Inc. HFO Partner Greg Frick discusses the challenges of recruiting businesses to Portland in the current environment with Larry Holt, Vice President for Greater Portland, Inc. Greater Portland Inc. provides support and services to companies seeking to relocate or expand in the Portland metro area.
info_outline Multifamily Marketwatch Podcast - August 5, 2019 08/05/2019
Multifamily Marketwatch Podcast - August 5, 2019 This week: An Investigation by The Oregonian uncovers plans to use funds from the recently passed clean energy tax to purchase and rehab affordable housing; the New York Times questions why developers are seen as the bad guys rather than as central to a solution in the fight for more housing.
info_outline Multifamily Marketwatch Podcast - July 29, 2019 07/29/2019
Multifamily Marketwatch Podcast - July 29, 2019 This week: The Portland City Council will have a public hearing at 2 pm Wednesday, July 31 on its plan to charge a $60 per year annual fee on all apartment units; studies continue to list Portland among the top choices for Millennials to call home; and rents in the Seattle market are increasing once again as new units are absorbed and the vacancy rate declines.
info_outline Multifamily Marketwatch Podcast - July 22, 2019 07/22/2019
Multifamily Marketwatch Podcast - July 22, 2019 This week: a new report finds the Portland metro area's recent addition in the housing supply has slowed rent growth; Oregon mobile home park residents face increased displacement risk; Washington State's department of transportation releases a report stating a business case for regional high-speed rail. Next week: Portland considers $60 per unit annual fee at its July 31 City Council meeting.
info_outline Multifamily Marketwatch Podcast - July 15, 2019 07/15/2019
Multifamily Marketwatch Podcast - July 15, 2019 This week: Home prices drop a bit in Seattle but are still up significantly in the past two years; The Portland City Council weighs gutting the power and influence of its neighborhood groups; Oregon house bill 5006 provides funding to support 2,100 affordable homes throughout the state, and house and senate democrats in the nation’s capital propose legislation that would restrict the ability of public housing providers to evict residents for criminal activity.
info_outline Multifamily Marketwatch Podcast - July 1, 2019 07/01/2019
Multifamily Marketwatch Podcast - July 1, 2019 This week: Harvard's Joint Center for Housing Studies (JCHS) released its State of the Nation's Housing Report for 2019; companies in the Portland and Seattle Metro areas continue to announce positive hiring news; President Trump issued an executive order that creates a commission tasked with recommending ways to cut regulations in the housing market.
info_outline Multifamily Marketwatch Podcast - June 25, 2019 06/25/2019
Multifamily Marketwatch Podcast - June 25, 2019 This week: the Portland City Council approved Commissioner Eudaly's tenant screening and security deposit ordinances with a 3-1 vote; proposed changes to the US census could result in an undercount of over 4 million residents nationwide, including over 75,000 people in Washington and over 35,000 people in Oregon; Democrats vying for the 2020 Presidential nomination are facing pressure from voters to address housing affordability.
info_outline Multifamily Marketwatch Podcast - June 17, 2019 06/17/2019
Multifamily Marketwatch Podcast - June 17, 2019 This week: The Portland City Council appears poised to adopt a proposed renter screening ordinance that some argue will only serve to increase homelessness; Oregon House Bill 2001 moved forward in the state legislature, the bill would legalize duplexes, triplexes, and fourplexes in single-family neighborhoods in all cities with more than 25,000 residents; and a new report finds that tech workers from some of the most expensive cities on the West Coast are viewing Portland as a more affordable alternative.
info_outline Multifamily Marketwatch Podcast - June 10, 2019 06/10/2019
Multifamily Marketwatch Podcast - June 10, 2019 This week: Portland’s tenant screening ordinance moves forward to a possible vote by city council this Wednesday at 10:30 am at City Hall; Portland-area developers are bypass the City’s inclusionary housing requirements by constructing assets with fewer than 20 units, and a study finds that the migration of younger people into cities is more than a passing trend.
info_outline Multifamily Marketwatch Podcast - June 3, 2019 06/03/2019
Multifamily Marketwatch Podcast - June 3, 2019 This week: The City of Portland renter and tenant security deposit ordinances progress to a second reading on June 12th; Seattle rent rates are back on the rise, and the City of Tacoma is in the news as the nation’s hottest housing market.
info_outline Multifamily Marketwatch Podcast - May 27, 2019 05/27/2019
Multifamily Marketwatch Podcast - May 27, 2019 Last week's planned public hearing on Portland's latest tenant screening ordinance draft was rescheduled to this Wednesday after council members publicly struggled over the city budget; four of Multnomah county's five commissioners come out in favor of the city's renter screening ordinance, and unreinforced masonry owners are hoping a federal judge rules in their favor this week by granting an extended injunction against the city of portland's placard requirement.
info_outline Multifamily Marketwatch Podcast - May 20, 2019 05/20/2019
Multifamily Marketwatch Podcast - May 20, 2019 Smart Growth advocacy group up for growth released a report criticizing Portland's inclusionary zoning policy, Mayor Ted Wheeler requests $150,000 for an independent review of the program; the lawsuit against placarding signs for unreinforced masonry buildings in Portland moves forward in federal court; and Vancouver, BC continues to face a tight housing market despite efforts to upzone and new taxes on foreign buyers.
info_outline Multifamily Marketwatch - May 13, 2019 05/13/2019
Multifamily Marketwatch - May 13, 2019 A Portland economist reports on the two major factors contributing to rampant homelessness in our region; Prosper Portland announces its design choice for the 14-acre US Post office site downtown, and the Washington legislature budgets nearly 10 billion dollars for transportation spending in that state.
info_outline Multifamily Marketwatch - May 6, 2019 05/06/2019
Multifamily Marketwatch - May 6, 2019 This week: Developers are warning that Portland's inclusionary housing requirement is causing a construction slowdown that could exacerbate the city's shortage of housing; Portland commissioner Chloe Eudaly is exploring avenues for increasing city revenue, including a personal income tax on top earners and a vacancy tax on apartment buildings; and cities and states across the U.S. are looking to Minneapolis for creative ways to solve the housing crisis.
info_outline Multifamily Marketwatch Podcast - April 29, 2019 04/29/2019
Multifamily Marketwatch Podcast - April 29, 2019 This week: The Portland City Council will vote May 23rd on screening and security deposit reform after Mayor Ted Wheeler called for significant changes to the proposals; a growing number of high-income households are renting instead of buying, and the New York Times reports that 2020 presidential candidates are working on strategies to help renters.
info_outline Multifamily Marketwatch Podcast - April 22, 2019 04/22/2019
Multifamily Marketwatch Podcast - April 22, 2019 This week: The US Treasury Department issues long-awaited guidance on opportunity zones; new data pinpoints dramatic effects of climate change on Portland neighborhoods; and a Harvard Business Review study has found that in cities with increasing Airbnb listings, housing costs also rise.
info_outline Multifamily Marketwatch Podcast - April 15, 2019 04/15/2019
Multifamily Marketwatch Podcast - April 15, 2019 This week: San Francisco plans a final vote this week on legislation giving local nonprofits first right of refusal over the sale of multifamily buildings. Now entering its third year, Portland’s inclusionary housing policy has resulted in just 422 housing units being permitted – with only a handful finished and available for rent. And the Portland Mercury examines the potential impacts of Portland’s Residential Infill Plan
info_outline Multifamily Marketwatch Podcast - April 8, 2019 04/08/2019
Multifamily Marketwatch Podcast - April 8, 2019 This week: ongoing multifamily deliveries in the Seattle market are expected to keep rents flat there for the next several months; Portland's Rockwood neighborhood remains hopeful that its opportunity zone designation will bring much-needed development, and new health survey has found that a large number of renters are putting off medical care in order to pay rent.
info_outline Multifamily Marketwatch Podcast - April 1, 2019 04/01/2019
Multifamily Marketwatch Podcast - April 1, 2019 This week: The Portland Mercury asks whether Oregon lawmakers should be backing a bill allowing local jurisdictions to set their own rent control policies; a Seattle news outlet finds that affordable condos in King County are being rented out or used as second homes; and we're seeing new scrutiny of the Oregon Department of Transportation's handling of data related to the Rose Quarter Freeway Expansion.
info_outline Multifamily Marketwatch Podcast - March 25, 2019 03/25/2019
Multifamily Marketwatch Podcast - March 25, 2019 This week: Seattle upzones 27 neighborhoods in an attempt to encourage housing development; Washington State legislators push forward bills to increase eviction times for nonpayment of rent, and the Portland city council is poised to hold public hearings next week on sweeping new regulations on renter screening and security deposits.
info_outline Multifamily Marketwatch Podcast - March 18, 2019 03/18/2019
Multifamily Marketwatch Podcast - March 18, 2019 This week: Since 2010, Seattle has been the fastest growing city in the U.S. but new evidence suggests the boom may have passed; a new report finds rents in Portland are recovering from a decline that began last fall; a new report finds Portland is the 10th most expensive metro in the nation for buying a home
info_outline Multifamily Marketwatch - March 11, 2019 03/11/2019
Multifamily Marketwatch - March 11, 2019 This week: The Brookings Institute says Oregon's rent control policy won't help affordability; Portland's newest city councilor reveals her priorities in a newspaper interview; and Tri-met is selling seven properties near MAX lines for transit-oriented development that includes housing, retail and office space. All that and more in the HFO Multifamily Marketwatch podcast.
info_outline Multifamily Marketwatch - March 4, 2019 03/04/2019
Multifamily Marketwatch - March 4, 2019 Oregon is now the first state with statewide rent control; the Portland City Council delayed its placard requirements for unreinforced masonry buildings and a new Census Bureau report finds that Seattle is the most educated big city in the country, with Portland not far behind.
info_outline Multifamily Marketwatch - February 25, 2019 02/25/2019
Multifamily Marketwatch - February 25, 2019 The City of Portland has extended its housing emergency another two years to 2021; Oregon Senate President Peter Courtney proposes a bill requiring cities to upzone land within a half mile of frequent transit stops, and Oregon Senate Bill 608 may head to the floor of the Oregon House for a vote as early as this week. Its passage would mark the nation's first statewide rent control bill.
info_outline Multifamily Marketwatch - February 18, 2019 02/18/2019
Multifamily Marketwatch - February 18, 2019 This week: Oregon Senate Bill 608 capping rent increases and imposing strict no-cause eviction requirements passed through the Senate; The Portland City Club takes a stand against Portland's current form of governance in its latest report, and a new study by the Federal Reserve finds student loan debt prevents young adults from buying a home.
info_outline Multifamily Marketwatch - February 11, 2019 02/11/2019
Multifamily Marketwatch - February 11, 2019 Oregon's rent control bill sails through the Senate Housing Committee after four hours of public testimony; Democratic and Republican lawmakers in Washington plan to introduce a variety of bills to reform that state's eviction laws; a new Brookings Institution study concludes that zoning restrictions are holding back the American economy.
info_outline Multifamily Marketwatch Podcast - February 4, 2019 02/04/2019
Multifamily Marketwatch Podcast - February 4, 2019 This week: Oregon ranks as the nation's 32nd safest city with Washington ranking 34th, 17 Seattle area CEOs form an alliance asking for more housing for middle-class residents and Greater Portland's Metro government prepares a large-scale transportation levy for the 2020 ballot.
info_outline Multifamily Marketwatch Podcast - January 28, 2019 01/28/2019
Multifamily Marketwatch Podcast - January 28, 2019 This week: Bloomberg Businessweek examines the City of Portland's opportunity zones, which include some of the region's most sought-after real estate--and among residents of the nation's 26 largest cities, it's those in Seattle who say they're least satisfied with their neighborhoods.