Posts Categorized: Apartments

Everyone’s Moving to Oregon

A confluence of factors — including low supply, high demand, obstructive regulations and lacking infrastructure — is driving up housing prices in the state, a panel of state economists and housing experts told a legislative committee Tuesday, May 24. “There are too few units given the strong and growing demand,” said Josh Lehner, economist with… Read more »

Downtown Phoenix Housing Boom Finally Underway

Downtown Phoenixs long-awaiting housing boom is finally here. More than 20 apartment and condominium developments are going up across the city’s core. The urban projects range from penthouse condos at Portland on the Park next to Margaret T. Hance Park to 500-square-foot micro apartments near Roosevelt Row. The old Quality Inn next to the Phoenix… Read more »

It’s Supposed To Lean Like That

New Yorkers might think we’re getting our own Tower Of Pisa, but as Gothamist explains, it’s supposed to lean like that: A new building is going up near a long-empty land parcel near the East River in Midtown, and it looks a little…sideways. Lest you think this sloped structure is the product of some Jägerbombed… Read more »

Why Developers in Minneapolis Hate Condos

Four Minneapolis developers walk into a room at St. Thomas School of Law … and mostly agree about the current state of multi-family residential real estate. The market, they all say, is hot, with projects being announced with a regularity not seen since before the Great Recession. But those projects are mostly apartment buildings —… Read more »

Nano Housing – The Next Big Thing?

In Seattle, developers are racing to build what has become a wildly popular new type of apartment complex: “congregate housing.” Miniature studios averaging 150 square feet are so tightly packed that foldaway beds must be stowed during the day. Instead of an eat-in kitchen, residents can sometimes share cooking space with 30 other people down… Read more »

Vacation Home Property Sales Surges

  The American desire to own a second home as a vacation home is alive and well! The National Association of Realtors analysis of U.S. Census Bureau data shows there are approximately 8 million vacation homes in the U.S. Their 2014 Investment and Vacation Home Buyers Survey shows vacation home sales improved substantially in 2013. NAR Chief… Read more »

Four New Residential Towers Planned in Seattle’s South Lake Union Neighborhood

As we previously posted in November, Onni Group out of Vancouver BC is planning to construct 4 new towers in South Lake Union. They have released some new information on what will be built on the site, which is between Boren Ave N and Fairview Ave N and from Denny Way to Thomas Street. According… Read more »

Portland’s North Pearl Gearing Up

The northern part of the popular, gay friendly Pearl District is starting to be built out – but it’s almost all apartments. Portland Monthly reports: Even if all eight residential buildings planned for the area known as the North Pearl are built, longtime neighborhood advocate Patricia Gardner thinks the neighborhood still won’t add enough units…. Read more »

Are Condo Conversions on the Horizon for Seattle?

style=”margin: 6px;”Apartment developers in Seattle will start looking at converting for-rent units to condominiums this year, a new report states. Commercial real estate brokerage Marcus & Millichap, a national company with a Seattle office, issued its 2014 apartment report Monday. The report paints a generally rosy picture of the market for apartment landlords, forecasting rental… Read more »