Last week the Mid-Willamette Valley Association of Realtors (MVAR) celebrated our community of brokers and industry affiliates at the annual Awards Banquet. We are proud to say that several of our brokers were nominated for an award - well deserved! 990 Broadway St NE - James Hauge was nominated for the Commercial Transaction of the…
Tag: Property Management
Max Rent Increase Set for 2022
September 15, the State of Oregon's Office of Economic Analysis announced the rent increase rate for 2022 can be no higher than 9.9%. In 2021 the max increase was 9.2%
Eviction Moratorium Lifted
This past Thursday, the U.S. Supreme Court ended the CDC's eviction moratorium.
Rental addition to your property?
It's no secret that building costs are at an all time high and for multifamily builds the cost benefit isn't there. Due to the housing crisis in Portland they have adopted new residential infill policies to allow multifamily housing in single-family neighborhoods.
Expiring Eviction Ban
The Nationwide Eviction Moratorium is set to expire today, July 31st. Originally set to expire in September 2020, the Biden administration has extended it multiple times. On July 29th the Biden Administration said it would not attempt to extend the moratorium but President Biden is now asking Congress to intervene and extend the ban.
Senate Bill 278 and CDC Moratorium Extension
With laws constantly changing, housing providers are strongly encouraged to seek legal advice prior to serving any notice of termination for nonpayment.
Do you have tenants that are not paying rent?
The Landlord Compensation Fund (LCF) reopened last week. The second round of assistance for covering rent owed by eligible tenants is at least $50 million. The timeframe for the accrued rent owed is from the past year, April 1, 2020 - April 30, 2021. If you are a participating housing provider you could receive funding…