Real Estate Market Conditions Portland Area for May 2020

May Residential Highlights  New real estate listings (3,419) decreased 30.3% from the 4,902 listed in May 2019, and increased 20.1% from the 2,847 listed in April 2020. Pending sales (3,112) decreased 5.5% from the 3,292 offers accepted in May 2019, and increased 52.5% from the 2,041 offers accepted in April 2020. Closed sales (1,963) decreased…

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Commercial Space For Lease Tigard OR

HDR-RMLS

$2,800.00 / 912 sqftOffice For Lease in Tigard Tours by appointment – No Tours on Monday or Wednesday 8am – 5pm*For complete pictures, scheduling a tour Click hereUpdated turn key single occupant building with upgraded features your staff & customers will appreciate. Open concept, gas fireplace, radiant floor heat, wall heat and A/C. Ready to…

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COVID-19 Property Management Update March 23, 2020

Oregon Update Governor Kate Brown issues a 90 day moratorium on residential evictions. Details will be provided as the executive order becomes available. Forbearance for Multi-Family Mortgages The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac, the Enterprises will offer mortgage forbearance for multifamily property owners, under the condition that…

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COVID-19 Property Management Update March 19, 2020

State of Oregon On March 8, 2020 Governor Brown declared a state of emergency due to COVID-19 The Oregon Judicial Department issued an order imposing “Level 3” restrictions on all court operations through March 27, 2020 with the possibility of extensions. The order addresses all FED proceedings in the following ways: All first appearances for…

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COVID-19 Property Management Updates

Blue Roof Property Management We have initiated protocols to protect our residents, our vendors and ourselves from exposure. Our office is virtually capable and we are operating with limited disruption to service. With guidance from the CDC, Oregon Health Authority, our Housing Associations and peers should help to alleviate exposure and the spread of COVID-19.…

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5 Ways To Help Retain Renters and Reduce Turnover

Begin with a positive experience. Start out on a positive note by making sure everything is transparent and communicated to all new tenants. Encourage tenants to communicate with you and your and staff. Make sure the tenant has all the appropriate contact information and knows to contact you with any problems or concerns. Complete maintenance…

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Planning for Opportunity Zones Investments in Oregon

You’ll find detailed information in this video about Federal and State Opportunity Zone investing. On May 17, 2019, at the REALTORS Legislative Meetings & Trade Expo, NAR hosted a discussion on planning for opportunity zone (OZs) investments. The focus of the discussion centered around the question of how the REALTOR® community can engage in efforts…

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10 Springtime Maintenance Tips for your Portland Area Investment Property

Springtime is here and there is no better time to get your investment property in shape for better weather, and the Spring/Summer leasing season. These ten tips range from general maintenance, clean up and deferred maintenance. One aspect hard to ignore addresses tenant satisfaction. When tenants know there’s a responsive owner or property manager they…

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