Multifamily Executive reports that it's back to school time in more ways than one: both students and investors are interested in student housing this year. Read More . . .
Monday, August 29, 2011
There’s more room to increase rental prices in the apartment market, according to Doug Bibby, president of the National Multi Housing Council (NMHC).
Tuesday, August 23, 2011
HFO is pleased to announce the launch today of our new, streamlined website. Among other things, we now have the capability to integrate videos. Watch for the mobile version of our site launching later this month designed especially for smartphone users. Investors will be able to quickly obtain directions to our listings using map integration. Our goal is to serve apartment investors using the most advanted technology and marketing tools available.
Friday, August 19, 2011
Oregon attorney Christopher Robinson discusses how an owner can evaluate whether a property's current assessed tax value is accurate and appropriate.
Thursday, August 18, 2011
HFO is pleased to be among the local sponsors of the fun run - 2:30-6:30pm Friday, August 19th! This 2.8 mile non-competitive run/walk starts near the HFO offices at the Eastbank Esplinade near the Fire Station at the east end of the Hawthorne Bridge. Picnic style food and beverages follow with raffle prizes and information about how The Dougy Center helps provide support in a safe place where children, teens and young adults can share their experiences surrounding the death of a loved one. Families are welcome. Registration ends today! Cost is $20, $12 for children under 12 and $5 for children under 12 who would like to participate but who don't need a t-shirt.
To register call Lindsey at 503-515-7715.
Wednesday, August 17, 2011
U.S. Census Bureau: Portland Metro Scores America's 4th Lowest Apartment Vacancy Rate for 2nd Quarter
The U.S. Census Bureau reports Portland's vacancy rate fell from 4.0 percent to 3.5 percent in the second quarter of 2011, putting it at the nation's fourth lowest vacancy rate among the top 75 U.S. Metropolitan Statistical Areas (MSAs).
Seattle-Tacoma-Bellevue, WA had a Q2 2011 vacancy estimate of 7.5 percent, up from 6.8 percent the prior quarter and the nation's 21st lowest.
The nation's 10 lowest vacancy rates were:
- Springfield, MA - 1.9%
- Bridgeport-Stamford-Norwalk, CT - 3.0%
- San Jose-Sunnyvale-Santa Clara, CA - 3.2%
- Portland-Vancouver-Beaverton, OR-WA - 3.5%
- Boston-Cambridge-Quincy, MA-NH - 4.3%
- Bakersfield, CA - 4.5% (tie)
- Milwaukie-Waukesha-West Allis, WI - 4.5% (tie)
- Rochester, NY - 4.7% (tie)
- Worcester, MA - 4.7% (tie)
- Nashville-Davidson-Murfreesboro, TN - 5.0%
- Salt Lake City, UT - 5.1%
- New Orleans-Metairie-Kenner, LA - 16.5%
- Birmingham-Hoover, AL - 16.6%
- Detroit-Warren-Livonia, MI - 17.2%
- Houston-Baytown-Sugar Land - 17.4%
- Toledo, OH - 19.3%
Thursday, August 4, 2011
Wednesday, August 3, 2011
MSN asks today: "Is renting about to replace property ownership in the hearts and psyches of Americans? With the traumatic disruption in housing lately, it certainly feels as if something fundamental is changing." Some economists believe an elite class of renters may be developing. Read the full story.