Supply and Demand: A Balancing Act
Supply and Demand: A Balancing Act
Supply and demand is arguably the most fundamental principle of real estate markets. About 18 months ago, we wrote on this same topic, but an
A Regional View of the Multifamily Market
A Regional View of the Multifamily Market
Real estate markets are localized, and the focus of this newsletter is Central Oregon. But there is a regional connection. Understanding the broader perspective can
A New Challenge for the Multifamily Market
A New Challenge for the Multifamily Market
Central Oregon has experienced remarkable population growth over the last decade, driven in part by its appeal to outdoor enthusiasts and a robust job market.
Balancing Supply and Demand
Balancing Supply and Demand
Achieving supply and demand equilibrium is always challenging. Just ask any small business owner (think restaurants). In the housing market, it is an ongoing sequence
What is a Cap Rate?
What is a Cap Rate?
A Cap Rate, short for Capitalization Rate, is calculated by dividing the Net Operating Income (NOI) by the Purchase Price. NOI is the net cash
The Winds of Change
The Winds of Change
For the last ten years, multifamily housing providers have enjoyed a Goldilocks environment. In a word, “perfect.” Rapidly rising rent rates: In Central Oregon, rents
Multifamily Bucks Headwinds in 2021
Multifamily Bucks Headwinds in 2021
The Central Oregon multifamily market remains strong and stable in the face of the double daunting headwinds of a worldwide pandemic and a statewide regulatory
A Closer Look at Multifamily Financing
A Closer Look at Multifamily Financing
This issue highlights a major distinguishing characteristic for 2-4-unit properties versus larger complexes. Properties up to 4 units qualify for conventional 30-year (or 15-year) fixed-rate