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
4% Max. 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

new construction buying tips

Top Ten Tips for Buying New Construction in Portland

March 17, 2017

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 about 600 a year for the past four years (new construction has been very slow for a long time in Portland, read our article on that here, but things look like they could be changing), but these are a drop in the bucket compared to the hundreds under construction and planned in Portland suburbs! Unfortunately, many Portland home buyers don’t want to tour new homes...

new portland residential construction

Surprise! Portland New Home Construction Down

November 18, 2016

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 new maps that make it easy to sift through the data. You would think that with all of the demand for housing in Portland, new construction would be happening like crazy. When I pulled up the new residential construction map, however, I was a bit disappointed. Let’s take a look at what’s happening in the Portland housing scene. Demand Higher Than Ever By now, everyone...

Portland ADU Home

ADUs Relieve Pressure on Portland Housing Market

April 20, 2015

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 to the fact that the city is waiving building permit fees for these structures through July of 2016. Still, why would a homeowner pay up to $100,000 to build a structure of less than 800 square feet in their backyard? There are several reasons: 
 – Increase your property value and attract buyers with an extra space they could use as a studio, spare bedroom,...