Apartment Absorption Rate Reaches 25-year High

Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that the multifamily market remained strong during the second quarter of 2022 due to high demand. With low single-family housing supply and increased unaffordability of for-sale housing, many would-be buyers have turned to or remained in the multifamily rental market.
 

October Private Residential Spending Falls

Private residential construction spending declined 0.3% in October, as spending on single-family construction dropped 2.6%. Private residential construction spending fell for the fifth consecutive month, standing at an annual pace of $887.2 billion. This was about 8.6% higher compared to a year ago.
 

Three signs from today’s jobs report that suggest inflation will stay high

Friday’s jobs report showed the buzzing U.S. economy is creating hundreds of thousands of jobs, suggesting rising prices are here to stay despite efforts by the Federal Reserve to contain them.
 

Mortgage Rates Fall As Inflation Eases And Fed Signals Smaller Hikes Ahead

Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve

signaled it will slow its pace of rate hikes.
 

Clint Eastwood’s “Unforgiven” Movie Ranch Lists For $19.2 Million

The Ranch at Fisher Creek takes advantage of majestic mountain views and soaring pines to provide a taste of the Old West.
 

Property Watch: A Southern Oregon Ranch with Pristine River Frontage

Owned for 30 years by actor Patrick Duffy of the OG ‘Dallas’ show, this Eagle Point ranch boasts over 390 acres, seven houses, and two miles on the Rogue River.
 

5 Glamorous Bathroom Trends Making a Splash Right Now

More than any other room in the home, the bathroom is a place where homeowners can let their design imagination run wild. It’s a space to try out new trends, experiment with bold colors, and embrace unique architectural details. Guests appreciate a powder room adorned in a fashion-forward wallpaper or a statement tile. And there’s nothing like stepping into a main bathroom, day in and day out, that celebrates your unique design point of view.
 

Save on Monthly Home Costs With These 7 Hacks

If you’re feeling the financial crunch right now, you’re not alone. Ever since inflation reached a record high of 9.1% this past summer (the highest it’s been in 40 years), life has started to feel pretty unaffordable.
 

12 Details You Can’t Afford To Miss When Buying a Brand-New Home

There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home.

 

Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp on a home—tailoring the model, layout, and finishes to their particular tastes.
 

Is now the right time for your business to buy real estate?

Predictions of a recession combined with high interest rates and inflation make it a daunting time to enter the real estate market.
 

Personal Income and Outlays, October 2022

Personal income increased $155.3 billion, or 0.7 percent at a monthly rate, while consumer spending increased $147.9 billion, or 0.8 percent, in October. The increase in personal income primarily reflected increases in compensation and personal current transfer receipts.
 

Why Your Business Plan Should Address Burnout Prevention

Build in time for self-care in order to set boundaries around the work-life balance you want to achieve.
 

S&P/Case-Shiller OR-Portland Home Price Index
 

S&P/Case-Shiller WA-Seattle Home Price Index