• Rent hikes capped at 14.6% for most Oregonians next year, the highest since limits passed

    Posted on in category LocaltaggedGovernment , Homes , Housing , Living , Local , Oregon , Politics , Rent , What’s Trending

    Landlords in Oregon may legally increase rents by up to 14.6% at the start of the new year. Learn more here.

    In a state with one of the most challenging housing crunches in the country, Oregon renters could face the highest possible maximum increase since the Legislature enacted limits on rent hikes three years ago.

    Starting Jan. 1, 2023, landlords in Oregon may legally increase rents by up to 14.6%. This year, the cap is 9.9% – marking a 4.7 percentage point jump from one year to the next.

    According to apartment rental company Zumper, the average rent as of Tuesday for a 1-bedroom residence in…

  • Housing, hotel, retail spaces planned for vacant KorPine site in Bend

    Posted on in category LocaltaggedDevelopment , Homes , Local , Retail , Trending

    A new development is being planned for 21 acres in the heart of Bend. Discover more here..

    A vacant 21-acre parcel of land in the heart of Bend will soon be developed into a mix of apartments, affordable senior housing, homes, a hotel, and other retail space, according to a California-based development firm.

    Kennedy Wilson has entered into a joint venture with Matt Day, owner of Bend-based Hooker Creek Companies, to develop the project at the former KorPine mill site adjacent to Crux Fermentation Project and the Box Factory.

    “We are thrilled to expand our presence in Oregon and to partner with Matt Day and his family in bringing a thoughtfully and sustainably designed project to one of the most exciting and…