Hope renewed for MLK Boulevard housing project
A stalled affordable housing project along Northeast Martin Luther King Jr. Boulevard will move forward in April, developers say. But whether the units sell will depend on the demand for housing in the area.
In sustainable home building, less is more
A study by Oregon's Department of Environmental Quality showed that reducing the size of a home by 50 percent can result in a 36 percent reduction in greenhouse gas emissions over the life of the home.
Portland home prices continue to fall
New data released by Standard & Poor's/Case-Shille shows the Portland home price index fell 0.9 percent from the end of July to the end of August. Out of the 20 largest metropolitan statistical areas, only Phoenix saw a larger month-over-month drop.
Portland, U.S. home prices up in May
Home prices in Portland increased slightly between April and May, according to data released today by Standard & Poor's.
Existing home sales drop in June
Existing home sales were down 5.1 percent in June from the previous month, according to new data released today by the National Association of Realtors. The association estimates that 5.37 million existing homes were sold from June 2009 to June 2010, down from 5.66 million from May 2009 to May 2010.
Home construction at lowest since fall
U.S. new home construction last month fell to its lowest level since October 2009, according to figures from the Department of Commerce.
Construction spending down in May
Construction spending in the U.S. dropped 0.2 percent in May according to a report released Thursday by the U.S. Department of Commerce.
Senate approves homebuyer tax credit closing extension
Just hours before it was set to expire, the U.S. Senate approved a bill to extend the time homebuyers have to close on a home and still get the homebuyer tax credit. Now homebuyers who signed a letter of intent to purchase before the April 30 have until Sept. 30 to close on the home purchase. The original deadline would have been June 30.
Homebuyer tax credit extension approved
Portland real estate professionals believe a move to extend the closing date for a home buyer tax credit is mostly political posturing in Washington.
Homebuyer tax credit extension still possible
The U.S. House of Representatives passed a bill this afternoon that will extend the time homebuyers have to close a purchase of a home and still get the homebuyers tax credit.
Home construction hits five-month low
Both new residential construction housing starts and building permits declined in May, showing the lowest figures since December 2009, according to a report by the U.S. Department of Commerce.
Home building on upswing, economist says
Home construction will be one of the few bright spots for the construction industry in 2010, the Associated General Contractors of America's chief economist told the AGC Oregon-Columbia chapter during its annual business meeting Friday.
News
- $960,000 office renovation in Portland building permits | Aug. 10, 2026
- Two projects in historic districts in Portland land use review intakes | Aug. 10, 2026
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
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