Tag Archives: Housing Starts

Portland, Oregon — An Award Winning Rose of an Economy

This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a new granddaughter as my daughter, son-in-law and children live there. The Portland-Vancouver-Hillsboro Metropolitan Statistical Area (MSA) created 28,900 net …Read more

Just as the Miserable Weather in December, January and February Froze Housing Markets, the Warming Spring is Spilling into the Economy.

Just as the miserable weather in December, January and February froze housing markets, the warming spring is spilling into the economy. April job growth pegged 288,000 net new jobs – the largest since January 2012. It was the fifth best monthly gain since February 2006 and ranked the ninth best month in the past 10 …Read more

Price Per Square Foot Rising in Most Markets

As the economy continues to grow jobs, consumer confidence rises and residential rental rates increase, the demand for housing rises. Given a very tight inventory of builder-ready lots, new home construction is trailing demand. As a result, asking prices for both new and existing homes, and ultimately sales prices, are climbing. In some cities prices …Read more