CCIM Oregon/SW Washington Chapter Portland Metro Apartment Market – A Review of 2016 and Thoughts for 2017 March 1, 2017 Patrick O. Barry & Mark D. Barry [email protected] [email protected] Topics Covered Portland Metro Apartment Market Economic, Political, & Social Trends  Interest Rates, Employment, Home Ownership Ratio, Apt  Construction, Rent Control, Inclusionary Zoning, Parking Vacancies  Rents  Income  Expenses  Apartment Sales Volume  Apartment Values  Trends for 2017  30-Year Fixed Rate Mortgage -Average in the US for the Week Ending February 16, 2017 US Non Farm Employment 2012- January 2017 Forbes' 2016 List Of The Best Places For Business And Careers 2016 ULI Report – US Markets to Watch: Overall Real Estate Prospects