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Portland's ordinance, entitled "Affordable Housing Preservation and Portland Renter Protections," is a temporary measure passed by the Portland City Council to address ongoing shortages in affordable housing and increased housing instability for area renters. In addition to provisions dedicated to public housing, the ordinance also takes aim at predatory practices in the private rental market, as follows: Rent Increases: * Landlords must give at least 90-days notice of any r

Market Trends- powered by Alto's Research This week: The median list price in PORTLAND, OR this week is $569,000. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Supply and Demand: Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future