Sponsored by Oregon Business

Homeowners turn to renting as prices remain low

| Print |  Email
Must Reads
Monday, April 09, 2012

As Portland-area home prices remain near their lowest point since 2005, many homeowners are renting out their old houses instead of selling.

And to be sure, it's a better time to be a landlord than to be selling a home. With the Portland-area rental vacancy near zero (the Census Bureau put it at 2.9 percent at the end of last year compared with 9.4 percent nationwide) rents are on the rise, and it's not difficult to get a tenant in place. 
The Rental Housing Association of Greater Portland, which mostly represents small-scale landlords, says sales of its starter kits for first-time rental owners have grown 60 percent since 2007. It increased the number of landlord classes it holds, and the classes are still full.

Read more at OregonLive.com.

{biztweet}rent portland{/biztweet}

 

 

More Articles

The 100 Best Companies to Work For in Oregon

March 2015
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees. 


Read more...

On the Road

April 2015
Friday, March 27, 2015
BY LINDA BAKER

My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.


Read more...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...

VIDEO: The 2015 100 Best Companies to Work For in Oregon

The Latest
Friday, February 27, 2015

videothumbVIDEO: 2015 100 Best Companies to work for in Oregon


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

Epitaph for a Boondoggle

April 2015
Friday, March 27, 2015
BY JOE CORTRIGHT

The CRC is a cautionary tale about how we plan for, finance and invest in transportation infrastructure.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS