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A Housing Price Slowdown in Portland? Not So Fast
National numbers released this morning show that home prices rose 5.1 percent year to year nationwide—although, according to The Wall Street Journal, "[p]rice growth did show some sign of slowing in the country's largest cities." But is this "slowing...
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Portland's Booming Residential Market Remains Hot
Zillow calls Portland the nation's fourth "hottest" apartment market based upon a combination of new apartments as a percentage of total rentals (just 1.7 percent), the percentage of new apartments rented within three months (72 percent), and apartme...
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Does Homeownership Still Beat Renting?
Zillow, a real estate listing and analytics company, recently looked at the "break-even" time horizon for owning a house versus renting in a number of markets across the nation. "Breaking even" means the amount of time it will take for the cost of ow...
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Poorly Drafted Leases Can Cause Headaches for Tenants and Landlords (Part I of II)
These 10 common problem areas can easily be avoided by paying attention to details.
It's a dangerous world out there. We cannot eliminate all risks. But a well-drafted lease can minimize risk, and a poorly drafted lease can unnecessarily create serio...
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Poorly Drafted Leases Can Cause Headaches for Tenants and Landlords (Part II of II)
Continued from Part I . . .
These 10 common problem areas can easily be avoided by paying attention to details.
6. Outside the Premises
A tenant should think beyond the four walls of the premises and consider whether it needs to use any amenities,...
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New Property Owners, Beware: Possible Shortened Time to Bring Defective-Construction Claims
The Oregon Supreme Court issued a decision on February 19, 2016, affirming a decision to dismiss a homeowner's claim against a builder for defective construction.
In Shell v. Schollander Companies, Inc., 350 Or 552 (2016), defendant, a builder, began...
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