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Last week, the Oregon Legislature took a significant step to address Oregon’s ongoing housing crisis, as Governor Tina Kotek signed a robust legislative housing package into law. Two. ....
While life is full of uncertainties, one factor remains the same: housing prices are on the rise. This non-stop increase has generated a windfall for homeowners and significant anxiety. ....
To embed, copy and paste the code into your website or blog: According to recently released market trend reports, the number of condominiums listed for sale in Northeast and Southeast Portland dropped by 20% from September 2020 to December 2020 and the number of units sold increased from 52 in September 2020 to 76 in November and 66 in December. Between September and December, the average sale price increased from $366,306 to $377,127. In Downtown Portland, the number of condominiums listed plummeted from 230 units in July 2020 to around 72 in December 2020. Between September and December, the average sale price increased from around $399,908 to a height of over $505,277 in November, before falling back to a little over $400,000 in December. ....