Portland housing panel floats looser rules for short-term rentals …

Members of the City Council’s Housing Committee said rules for short-term rentals proposed by city staff were too restrictive and agreed during a meeting Wednesday night to pursue looser regulations for the popular accommodations.

The five committee members agreed in principle with a framework that would allow people to rent out their private homes and operate commercial short-term rentals in apartment buildings. The committee diverged on details, however, like whether there should be a cap on the number of short-term rentals per apartment building.

“I want to permit multi-unit building short-term rentals, but I want to limit it,” Committee Chairwoman Jill Duson said. She expects the committee to have a recommendation for the full council by its next meeting in the second week of November.

Portland is among a growing number of cities worldwide that have moved to reign in the rapid growth of short-term rentals of private properties offered through websites like

... read more at: http://www.pressherald.com/2016/10/26/portland-housing-committee-floats-looser-rules-for-short-term-rentals/

Distressed home sales drop to nine-year low in Q3 2016

ATTOM Data Solutions, the nation’s leading source for comprehensive housing data and the new parent company of RealtyTrac, today released its Q3 2016 U.S. Home Sales Report, which shows that distressed sales — including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales — accounted for 12.9 percent of all U.S. single family home and condo sales in Q3 2016, down from 15.0 percent in the previous quarter and down from 15.9 percent in Q3 2015 to the lowest share of distressed home sales since Q3 2007, when distressed sales accounted for 12.3 percent of all home sales.

The report also shows that all-cash purchases accounted for 25.9 percent of all single family home and condo sales in Q3 2016, down from 27.4 percent in the previous quarter and down from 29.2 percent in Q3 2015 to the lowest level since Q3 2007, when all-cash purchases accounted for

... read more at: http://www.buckscountycouriertimes.com/blogs/real-time/distressed-home-sales-drop-to-nine-year-low-in-q/article_128a61fe-a115-11e6-9b6a-43bdac57561f.html

Distressed home sales drop to nine-year low

Distressed home sales drop to nine-year low

IRVINE

November 3, 2016
5:12am

•  Accounted for 12.9 percent of all U.S. single-family home and condo sales

•  “Distressed inventory for sale is virtually non-existent in many of the nation’s hottest housing markets”

Sales of “distressed” homes in the U.S. — including bank-owned sales, sales of homes actively in foreclosure, and short sales — accounted for 12.9 percent of all U.S. single family home and condo sales in the third quarter, down from 15.0 percent in the previous quarter and down from 15.9 percent in Q3 2015 to the lowest share of distressed home sales since Q3 2007, when distressed sales accounted for 12.3 percent of all home sales, according to a report from Irvine-based RealtyTrac, a unit of Attom Data Solutions.

The peak in share of distressed sales was Q1 2009 at 43.9 percent of all U.S. single

... read more at: http://www.centralvalleybusinesstimes.com/stories/001/?ID=31523

Old Salem State Hospital building to become affordable housing

Yaquina Hall used to serve as a nurses dormitory

COURTESY PHOTO: OREGON DIGITAL - Salem's Yaquina Hall could be rebuilt into affordable housing.SALEM — One of the historical buildings at Oregon State Hospital’s mostly vacant north campus could soon become affordable housing.

The Housing Authority of Salem has reach a conditional sales agreement with the state to buy Yaquina Hall and convert it into up to 50 apartments.

“We are pretty excited about it,” said Andy Wilch, executive director of the Housing Authority of Salem.

(Image is Clickable Link) Click here to see related stories.

The

... read more at: http://portlandtribune.com/pt/9-news/329661-209477-old-salem-state-hospital-building-to-become-affordable-housing

Oregon Local News – Old Salem State Hospital building to become …

Yaquina Hall used to serve as a nurses dormitory

COURTESY PHOTO: OREGON DIGITAL - Salem's Yaquina Hall could be rebuilt into affordable housing.SALEM — One of the historical buildings at Oregon State Hospital’s mostly vacant north campus could soon become affordable housing.

The Housing Authority of Salem has reach a conditional sales agreement with the state to buy Yaquina Hall and convert it into up to 50 apartments.

“We are pretty excited about it,” said Andy Wilch, executive director of the Housing Authority of Salem.

(Image is Clickable Link) Click here to see related stories.

The

... read more at: http://portlandtribune.com/pt/9-news/329661-209477-old-salem-state-hospital-building-to-become-affordable-housing

After Stanley; Enter The Overlook Film Festival

After Stanley; Enter The Overlook Film Festival

As you’ve seen on this site, we’ve been big supporters of The Stanley Film Fest over the three years that fest ran from 2013-2015. Well now it is time to be big supporters of a brand-new festival called The Overlook Film Fest, and while pretty much everyone who was involved with the Stanley Film Festival is indeed involved in the Overlook Film Festival, this is definitely not the same festival.

Billed as a 4-day celebration of horror, The Overlook Film Fest will take place April 27 to 30, 2017 at the Timberline Lodge at Mt. Hood, just a few hours outside of Portland, Oregon. This is, of course,

... read more at: http://screenanarchy.com/2016/10/after-stanley-enter-the-overlook-film-fest.html