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Latest / Around the House with Eric G®: Home Improvement Remodeling & DIY

Portland Hotel Crash and Unlicensed Contractors: What It Means for Your Home

Portland's downtown hotel crash and a nationwide crackdown on unlicensed contractors both hit homeowners, and we break down why. I saw hotels in Portland go from hundreds of millions to pocket change, and that cascade matters even if you're only worried about a kitchen remodel. We riff on jaw-dropping numbers. The Royal Sonesta was bought for $108M in 2016 and resold for about $6.8M. Yeah, you heard that right. We talk about how hotel and commercial fire sales reshape downtown cores, and why those downtown problems eventually trickle into neighborhood housing markets. I give the…

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