Colton Properties is a fully integrated land development and brokerage company with primary operations in Portland, Oregon.
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Portland-area residents overwhelmingly want to live in single-family houses, but many want to move from a suburban setting to either a more compact neighborhood or a rural setting. That's according to a new study sponsored by Metro, the regional government tasked with land-use planning, along with other local governments and metro homebuilders. It paints an ambivalent picture of resident's housing wants and needs, and the trade-offs they're willing to make. Read More>>
Home builders gained more confidence in the housing market in August, the third consecutive month of gains in an index measuring current sales and expectations for the future. The National Association of Home Builders/Wells Fargo Housing Market Index rose 2 points to 55, its highest level since January. Any number over 50 indicates most builders view conditions as good. The Northeast was the only region where the number was below 50.
Give the improved jobs market some credit for the gains.
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