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
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111
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.
Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000
Portland ADU, Additional Dwelling Unit Guide 2021
Accessory Dwelling Units, or ADUs, are a popular form of housing in Portland. They can be created in a variety of spaces, from a converted garage or basement to a new structure in the backyard. For some homeowners, they’re the secret to home affordability in the metro area, while for others, they create a vital […]
Basement ADUs: 2020 Portland Guide
For many Portland homeowners, having an Accessory Dwelling Unit might be the ticket to affordability, renting out a second unit on your property. Or, an ADU might allow you to take care of an aging relative, or simply create housing out of what was unused space. Most people think of a backyard cottage when they […]
The End of Portland Single Family Zoning
In late June, 2019, the Oregon State Legislature passed a bill that requires cities to allow homeowners and real estate developers to add housing units where the demand is highest. How does this affect the zoning changes already developed by Portland’s Residential Infill project? And how will it affect the look and feel of Portland […]
New Home Construction Down in Portland – 2019 Update
Portland’s economy is booming and our rate of commercial construction is grabbing national attention. In fact, the number of construction cranes over downtown Portland — 26 — was tied with Chicago this winter, despite the fact that Chicago (proper) has a population of 2.7 million while Portland (proper) rings in at 630,000. It follows that […]
2019 ADU Guide – Portland Real Estate
Thinking about adding an Accessory Dwelling Unit to your Portland home? Shopping for a home or real estate investment where adding an ADU might be feasible? Read on for these answers and more. ADUs on the Rise in Portland ADUs — also known as backyard cottages, mother-in-law units, granny flats or, simply, studio apartments — […]
New Construction Steady, Home Demolitions Down – Portland 2018
Want to know the future of the real estate supply in the City of Portland? One strategy is to look to the past — specifically, to old homes that are being demolished. Portland suburbs have been adding housing on new tracts of land as population pressures push growth outward. For residential construction in the City […]
2019 Portland ADU Guide – Additional Dwelling Units, How To
The movement to accessorize Portland with accessory dwelling units (ADUs) is growing. Portland is now one of the “friendliest” places in the United States to build an ADU, defined as a self-contained living space — whether detached in the backyard or incorporated into the existing building footprint. Why are ADUs so hot in Portland? Portland […]
Top Ten Tips for Buying New Construction in Portland
Let’s face it: There aren’t a whole lot of homes available in the central, older parts of Portland in this low-inventory real estate market. Luckily, there’s been new construction happening all over Portland in the past couple of years. In fact, the City of Portland has been issuing new construction permits at a rate of […]
Surprise! Portland New Home Construction Down
2016 was a banner year in the Portland residential real estate market. So you’d think new home construction would be up! As we move into the winter real estate market in Portland, let’s take a look at new home construction in 2016 and try to figure out why it went down. Portlandmaps.com has issued some […]
ADUs Relieve Pressure on Portland Housing Market
Accessory Dwelling Units, or ADUs, are really taking off in Portland. It’s not just Portland real estate agents who are taking notice. In some high-density Portland neighborhoods, these tiny houses make up 10-15% of dwelling units, according to BikePortland.org. Over 200 new ADU permits were issued in 2014 alone. Part of the explosion is due […]
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Stephen was just simply a fantastic realtor to work with in selling our home. If we had another 50 properties to sell, Stephen would be in charge of all of them. He was so professional in handling every detail of our sale, and he was so responsive to every question that came up in the course of our transaction. My wife and I are very thankful that we found Stephen.
Alan
