Wednesday, September 3, 2014

Latest PSU Real Estate Quarterly Confirms Portland's Strong Apartment Market

In its multi-family housing report, the PSU Center for Real Estate reports that apartments in the Portland metro market have the fourth highest rate of rent appreciation and one of the lowest vacancy rates in the country, which is tough news for renters, but good news for developers and investors.

Apartment buildings in Portland are selling for a relatively high capitalization rate compared to larger markets, which is also attractive to buyers.