Is Milwaukie the next hot spot?


Real estate agents working in the suburb south of Portland see uptick from TriMet expansion, other factors.

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BY JACOB PALMER | DIGITAL NEWS EDITOR

Real estate agents working in Milwaukie are seeing an uptick from TriMet expansion and other factors like affordability.

TriMet’s MAX Orange Line will launch Sept. 12.

Milwaukie had long maintained a low profile, with homebuyers looking for a hip neighborhood opting for Southeast Portland and more affluent families moving to Lake Oswego or West Linn. But as close-in Portland has grown more expensive, an increasing number of homebuyers are finding Milwaukie an affordable — and attractive — option.

“The hot market has made everything hotter in these pockets like Milwaukie where affordability is still good,” said Brian Thomas, a real estate agent with the brokerage Redfin. “A lot of people getting priced out of (Southeast Portland) have another option.”

But Milwaukie’s newfound popularity is already taking a toll on that affordability. The number of homes on the market has been cut in half from a year ago, according to Redfin, while prices have climbed 18 percent.

(SOURCE: OregonLive.com)

TriMet has been testing the new route in preparation for the service expansion. Trains will travel the route, but won’t be picking up passengers.

Orange Line trains will run from around 5 a.m. until around midnight on weekdays and 1 a.m. on weekends. Trains will run about every 15 minutes or better between 5:30 a.m. and 9:30 p.m.

As part of the public education effort, on Monday, the Transit Police Division and the Portland Police Bureau’s Traffic Division will begin a multi-week safety campaign at the Southeast 8th, 11th and 12th rail crossings south of Division Street. People violating traffic and pedestrian control devices will be issued warnings or citations.

(SOURCE: Portland Tribune)

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