Home Must Reads Homeowners turn to renting as prices remain low

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

Growing a mobility cluster

News
Friday, October 31, 2014
0414 bikes bd2f6052BY LINDA BAKER | OB EDITOR

Why are there so few transportation startups in Portland?  The city’s leadership in bike, transit and pedestrian transportation has been well-documented.  But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.


Read more...

What I'm Reading

November/December 2014
Wednesday, October 22, 2014

Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


Read more...

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


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