Construction Rates, ADUS, and Zoning

Supply vs. demand drives the Portland real estate market. Increased zoning density, ADU opportunities, and new home construction rates can create more supply or their lack can indicate a shortage.

If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.

Stephen FitzMaurice, Realtor
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If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

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Represented Hundreds of Buyers
Licensed since 2004
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Basement ADUs in Portland, 10 Things to Know

How many unfinished basements are there in Portland? As a top local Portland real estate agent, I can say with confidence: thousands! Many of those are perfect candidates for a basement ADU. Accessory Dwelling Units are of interest to Portland home buyers and homeowners alike because of their potential to offset the high costs of […]

RIP2 Portland Residential Infill Project Update

We first wrote about the Portland Residential Infill Project (RIP1). Since then RIP 2 has passed (June, 2022) and has been implemented. Portland’s residential infill project, in addition to new home construction rates and updated ADU (additional dwelling unit) guidelines, helps us understand whether or not Portland’s housing supply will increase enough (or not enough) […]

Portland, Oregon ADU Guide. Everything You Need To Know

Are ADUs a passing craze or a trend that’s here to stay? From the looks of it, at least in Portland, it’s the latter. Thanks to the city’s new ADU rules and regulations, Portland homeowners can now capitalize on this new trend, not only creating consistent monthly rental income but also adding to the value […]

Highlighting New Home Construction Developments in Portland, Oregon – 2023 Report

Despite the density-focused zoning changes in Portland over the last few years that allow for more new homes to be built on existing lots, new home construction rates within the city proper are low. The city faces challenges with material and labor shortages, along with a slightly declining population base. While larger (10+ homes) new […]

Portland, Oregon New Home Construction Numbers into 2023

It’s happening. The Portland real estate market is cooling after a two-year hot streak. Home prices have slowed and started to drop in some areas. Likewise, new home construction is down across the country, according to the U.S. Census July, 2022 report. Portland, Oregon has done a lot to try to increase the amount of […]

RIP2 Portland Residential Infill Project Update

In our recent article, Top 5 Portland Real Estate Market News Stories so Far 2022, we touched on the most recent update on the Portland Residential Infill Project (RIP1): the development and implementation of RIP2. Portland’s residential infill project, in addition to new home construction rates, and updated ADU (additional dwelling unit) guidelines, help us […]

Portland’s Housing Supply: What Kind, Where? 2022 Report

The continuing real estate topic at the forefront of everyone’s focus is the shortage of single-family homes. And not just in Portland, but across the entire country. Demand will likely remain high (at least for single family detached homes) while the real estate market slows down. New construction has slowed significantly for both single-family and […]

Alpenrose Dairy Real Estate Project 2022 Update

We’ve written about Portland’s real estate inventory crisis over and over for the past two years. And like everyone else, we’re watching to see how the city and developers are dealing with a growing population alongside this shortage of homes—in both real estate and rental housing. One step has been the Residential Infill Project. Another […]

Portland Homes with ADUs Sell for 8% More – 2022 Report

When most people think of adding an ADU to their property, they immediately think of rental income potential. Or maybe they simply want extra living quarters for a family member or for frequent guests. While having the ability to add more space and generate income is a bonus, did you know that having an ADU […]

Portland New Home Construction Up or Down by the End of 2021?

2020 marked a noticeable drop in residential construction in the Portland Metro area due to the pandemic. In 2021, not much has changed. In fact, we’re seeing a marked slump in new home construction, despite recently passed, truly historic, higher density zoning rules in Portland. Let’s see how the Rose City is faring so far […]

Portland ADU Guide, 2022. Two Per Lot and Less Restrictions

Now that Accessory Dwelling Units (ADUs) are allowed in every city in Oregon, Portland will likely see an influx of home additions and new ADU construction, especially with the passing of the city’s Residential Infill Project (RIP) that went into effect this August 2021. If you’ve been toying with the idea of adding an ADU […]

A 6,000 Square Foot, 35 Foot High, Six-Plex can be built next to Your Portland Home.

The Portland residential infill project is now live. The high density Portland plan went into effect August 1st, 2021. Initial public comments on the revolutionary, highly contested plan exceeded 15,000. The details of the plan are so extensive, the City of Portland has assigned a dedicated phone number and email for it, and the RIP […]

Portland Housing Supply: Here’s What the Future Looks Like

All year we’ve been covering the big real estate story of the pandemic: the lack of single family homes. With inventory at an all time low, and demand through the roof, it’s only a matter of time before buyers begin considering other options – not to mention developers. Now, the current situation in Portland’s housing […]

SW Portland Alpenrose Dairy could turn into 193 Home Subdivision

In what could be good news for Portland’s housing shortage, the former Alpenrose Dairy property in Southwest Portland might soon be the site of a new, 193 house subdivision. In August of 2019, Alpenrose sold to Smith Brothers Farms of Washington State. Since then, the fate of the 56 acre property on Shattuck Road has […]

Starting 2021, a Six Plex can be built next to any Portland Home.

Travel back in time to Portland 150 years ago, and you’d see a housing mix that is different from today’s suburban, single-family-home-dominated neighborhoods. There were garden houses, rowhouses, courtyard apartments and cottages. Density was higher, and nobody needed parking because they used the Portland streetcar to get around (plus cars hadn’t been invented).  This vision has […]

New Home Construction Dropped in Portland 2020, Will it Recover in 2021?

Like everything else this in 2020, new construction in Portland was hit by the pandemic, but signs are already pointing to a healthy recovery in 2021.  To understand what’s going on with the new construction market, let’s take a look at new construction permits that have been issued, under review, and finaled (meaning the building […]

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Stephen made the experience of selling my first house seamless. I live in another state but he kept me informed and moved the process along without a hitch. The only thing another agent could have done differently was charge a much higher commission. I only wish he was able help me purchase in my state. Highly recommend his service and business model.

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