Oregon's homeownership rate has fallen from 69% to 65%,
reports Elliot Njus of The Oregonian, coming back into balance with rental
housing.
Construction of new apartments has started to climb in Oregon. In 2011, almost
2000 apartments within 80 buildings were given permits to build: that's half
the normal pre-housing crisis figure, but has been enough to keep the
construction industry above water, leading to some more jobs opening up in those companies
that didn't go under.
Permits for new home-builds are also rising, compared to
a year ago.
Oregon home-for-Sale inventory has fallen, which is expected to lead to
rising house prices.
These are modest climbs and improvements, however, compared to the mid-2000's, yet these changes are grounds for optimism.
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