Portland New Home Construction News
Ongoing housing supply deficits are perhaps the greatest problem in the local and national real estate market.
We can see if the the housing supply problem is on the way to being remedied or is going to get worse over time by looking at local annual new home construction rates and reports.
If you're looking for an experienced new home construction buyers agent who has worked with all of the top builders in the PNW, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
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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 […]
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 Update
Updated 09/2024 We’ve written about Portland’s real estate inventory crisis over and over for the past four years. Like everyone else, we’re watching how the city and developers are dealing with a growing population alongside this shortage of homes—in both real estate and rental housing. One response was the Residential Infill Project, which was passed […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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