Investing

Oregon Experiences Housing Affordability Crisis

After embarking on a tour across the state to check on the status of the housing sector, U.S. Senator Jeff Merkley said Oregon is experiencing a housing affordability crisis. Demand is outpacing supply, house prices are skyrocketing and vacancy rate is falling.

Real Estate Brokerage Firm Fights For Approval For Upper Market Relocation

Real estate brokerage firm Castro was reportedly getting a new real estate office, pending final city approval. Later this month, the firm was slated to appeal to the Planning Commission for an office space located at 2324 Market St.

Drone Real Estate Photography Takes Listings to New Heights

Drone real estate photos were recently used in the listing of a sleek hillside property worth $4 million. With a built-in HD video camera, a drone copter hovered like a hummingbird over a row of olive trees.
EDITOR'S PICKS
  • Signs of Canadian Real Estate Collapse Surface
    The Canadian real estate collapse was rumored to follow the surge in Canadian residential real estate prices. These statistics had made fools out of many analysts who had been calling for a reversal of the market for years. This year alone, costs in Vancouver and Toronto had surged by as much as 20 percent for similar properties over the last year.
    By Staff Reporter
  • Houston Real Estate Market Remains Resilient
    Houston real estate had started to feel the impact of the downturn within the energy sector, caused by declining oil costs and a large influx of corporate layoffs. However, the housing market continued to show resilience.
    By Staff Reporter
  • Analysts Predict A Busier Spring 2016 For Real Estate
    Spring 2016 had been expected to be busier with higher interest rates, and more first-time buyers. A recent survey from Metropolitan Regional Information Systems, Inc., the country's largest multiple listing service, revealed that the real estate outlook will reach out to nearly 750 real estate professionals with more transactions, more listings, and more attention from buyers and sellers.
    By Staff Reporter
  • Dalian Wanda Commercial Properties Might be Privatized
    China's Dalian Wanda Group has announced that it is considering privatizing its commercial real estate arm. The delisting plan comes just over a year after it went public in 2014.
    By Staff Reporter
  • March Sees Spring Real Estate Market In Full Bloom
    Real estate's snowy weather was but a distant memory in most areas. However, some unlucky pockets of the U.S market remained unchanged.
    By Staff Reporter
  • London Prime Real Estate Values Drop Again For Third Quarter
    London prime real estate values fell over the third consecutive quarter as financial turmoil and the risk that the UK will vote to revoke the European Union slowed down demand. Properties in districts dubbed as prime central London decreased 0.8 percent in the first half of the year.
    By Staff Reporter
  • Colorado Rockies Real Estate Greater Value Than Rest Of the Metropolitan Area
    Colorado Rockies real estate was never at the top of the heap for general valuations, but properties around Coors Field carried values 33 percent more than the rest of the metropolitan area. Prior to the opening day, which for the Rockies will fall on April 2, real estate company Truila released a report pointed out which stadiums around the nation were surrounded by the most costly real estate relative to properties in the rest of the metropolitan areas. Properties within a one-mile radius were considered as near the stadium.
    By Staff Reporter
  • Experts Deem U.S Real Estate Safe for Foreign Investment
    Real estate in America had been relatively sound given the current general uncertain global climate. James Kuhn, president of real estate service giant Newmark Grubb Knight Frank, stated that notwithstanding the monetary and geopolitical risks as many countries, the United States continued to attract capital as both a stable haven and one with better returns than other markets globally.
    By Staff Reporter
  • Property Prices in Towns Near London Soar
    While prices of prime properties in London have declined amid worries on the global economic downturn and the United Kingdom's probable withdrawal of EU membership, prices of properties in towns around the city have grown.
    By Staff Reporter
  • Over $1 Trillion to be Invested in Global Real Estate Market
    A new investors' survey revealed that investors around the world are planning to splurge some $1 trillion into the real estate market this year amid negative sentiment due to market volatility.
    By Staff Reporter
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