Johansen Wins CoStar’s Q1 2022 Power Broker Quarterly Deals Award
The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
Housing Crisis 2022: Rent Control Bubbles To The Surface Again
SMI Real Estate Principal Broker Steve Morris says rent increases have been breathtaking; political support for rent control has been growing.
Rising Rents Seep Into Affordable Cities
The rising rents that are making apartments less affordable in the largest U.S. cities are headed toward smaller, less expensive markets.
How does rent control affect multifamily property values?
With rent control now in place for 2019, rent increases can no longer exceed 7%. How does this affect property values?
Renter Migration Patterns
According to a report from Apartment List, renter migration patterns shows Portland as an affordable alternative to San Francisco and Seattle.
Multifamily Rent Growth Remains Consistent
Multifamily rents were up a healthy 3.0 percent year-over-year in April 2019
Steps To Take Before Buying An Apartment
Investment in multifamily properties continues to be one of the most attractive plays in today’s real estate market.
Average National Apartment Rent Kicks Off the Spring Rental Season at $1,430
The national average rent in March went up by 3.2% year-over-year, the lowest annual growth we’ve seen in more than 6 months.
Landlords Say New Tenant-Screening Ordinance Unnecessary
Landlords testifying on new Portland city regulations on tenant screening and deposits were opposed to the new rules for various reasons.
Portland Rents Increased Significantly Over Past Month
Portland rents have increased 0.4% over the past month. Portland’s year-over-year rent growth leads the state average of -1.3%.