-
Your Host
re:PDX is written by Ron Ares, broker and market analyst affiliated with M Realty LLC in Portland, Oregon.
Phone: 503-460-7992
Follow Along
Subscribe in a reader
All The News That’s Fit To Blog
Portland and its real estate market have been making a few headlines recently.
First, the local Portland Tribune (Portland’s semi-weekly newspaper) provides some deep reporting on the local real estate and housing market as part of its ReThinking Portland series.
Articles touch on topics such as affordability, density and planning, first-time buyer assistance, gentrification, urban renewal, and housing for seniors. The main theme of the section is affordability, or the lack of it as the Portland market continues to appreciate at a much greater rate than wage growth.
Then, Fast Company magazine names Portland as one of its Green Leaders in its Fast Cities article. The article highlights the top 30 urban centers worldwide they believe will be sites for future business innovation based on factors such as creative class, research & design, and startup environments. In Fast Company’s words:
They are cauldrons of creativity where the most important ideas and the organizations of tomorrow are centered. They attract the best and brightest. They are great places to work and live.
And about Portland:
Population > 2.5 millionLeading indicator > With 125 projects and counting, Portland has the most structures certified by the U.S. Green Building Council
Fast companies > Nike; Tektronix; Adidas USA; ad firm Wieden+Kennedy
Three decades ago, Portland became a case study on how to stuff sprawl when it enacted strict limits on urban growth. Today, it’s at the forefront of the “eat local” revolution, in which individuals and restaurants buy directly from area farmers to preserve livelihoods and open space. With 13 farmer’s markets, and nearby world-class vineyards, residents not only buy local but they eat and drink well too.
Sounds like the author spent some time at Higgins.
Finally, HousingPredictor.com puts Portland in its top 25 appreciating markets (at number 10). Their coverage of Oregon forecasts an appreciation rate of 6.7% in the Portland area for 2007. Albuquerque comes in at number one at 9.1% anticipated appreciation.
[tags] Portland, Oregon, real estate, homes, houses, housing, news, reporting, forecast, Fast Company, Portland Tribune, Housing Predictor [/tags]
Comments
One Response to “All The News That’s Fit To Blog”
Leave a Reply
[...] All The News That?s Fit To Blog First, the local Portland Tribune (Portland?s semi-weekly newspaper) provides some deep reporting on the local real estate and housing market as part of its ReThinking Portland series. Articles touch on topics such as affordability, … [...]