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Beauty may be in the eye of the beholder, but when it comes to selling a home in Portland, it’s best to be honest with yourself and acknowledge the truth if the home you’re selling is a fixer upper house.
Maybe you’re lacking the funds needed to upgrade your well-loved home and it’s become a fixer upper or perhaps you’ve realized you aren’t like Drew and Jonathan Scott on Property Brothers and can’t get the work done to flip your fixer upper house into a premium property. Here are five tips are designed to help you take your fixer upper from wanting to wow factor so you can sell your Portland home for top dollar.
Hire an Independent Home Inspector to Assess Your Home
Purchasing a house is complicated enough. Potential buyers are astute and observant, and will frequently (if not always) have a home inspector of their own, so having an outside party inspect your home before you start the renovation process will only serve to benefit you and the future homeowners in the long run.
A licensed home inspector from a reputable company will ensure small details and large problems won’t be missed. Have them especially focus on your home’s plumbing, HVAC, electrical work, and the home’s roof. These four items are incredibly important to your home’s integrity and can make or break a sale.
Find a General Contractor You Can Trust
Whether this is an investmentment property you’re trying to flip or you’re just trying to make improvements to your home so you can sell it for more, having a trustworthy contractor on your side is invaluable. They can take the pressure off of you when it comes to finding subcontractors, keeping your project on time, and ensure that the work is done correctly.
Kitchens and Bathrooms Sell Homes
This cliche is a cliche, because it’s true. Your budget might be tight after repairing or replacing the roof, plumbing, electrical, and/or HVAC. You might be debating whether to completely renovate several rooms or do small improvements throughout the house with what’s left of your budget. To get the largest return, we recommend focusing on the home’s kitchens and bathrooms.
Upgrading countertops, replacing faucets and shower heads, and updating appliances and cabinets will only serve to improve the home’s value and therefore, sale price. Fixtures and appliances are things buyers notice, not necessarily those expensive, energy efficient windows you’ve been considering. Additionally, upgraded features are things all potential buyers will be expecting if they’ve been watching HGTV or have been touring homes every weekend for the last several months.
Paint Can Make a World of Difference
Just because you’re focusing on your home’s kitchen and bathrooms, doesn’t mean you should neglect the other rooms in the house. Paint is an inexpensive way to refresh your home’s bedrooms and hallways. When deciding on a paint color, remember that you’re planning on selling your home, meaning light neutrals are typically your best bet. When in doubt, a fresh coat of white paint can go a long way. Save the greens, yellows, and reds for your new home.
Don’t neglect your doors when painting. If you can’t afford an updated front door, painting it an either matte black or a pop of color creates a lasting, positive first impression, which is exactly how you want potential buyers to start their tour of your home.
Help Your Buyers Envision Themselves in Your Home
If your home is empty, stage it. People often need help visualizing the full potential of spaces, and having your home staged will do that work for your buyers. If you’re currently living in the fixer upper house you’re trying to sell, stashing away clutter and and making sure your rooms aren’t stuffed with furniture is important. While buyers want to see what rooms can be, they don’t want to see what their future home will look like with toys strewn across the floor.
When first starting out with the real estate investing game, new investors tend to make the same mistakes. Take a look at some of the most common rookie mistakes investors make and how you can avoid committing them yourself.
Mistake #1: Guessing on the numbers you’re working with
Staying on top of the cold numbers sounds like common sense, but costs in real estate investment can fluctuate pretty often. Making sure you’re accounting for all the costs associated with Portland home building and property management may be a pain at times, but it’s crucial for ensuring you’re staying within budget. Every investor knows their yield percentage, sure, but what about costs stemming from tenant vacancies and repairs? Other fees, including HOA and insurance, can add up month after month. If there are costs you’re unclear about, speak with your real estate investment group, contractor, or whomever you’re leaning on for support. Ensuring all costs are calculated correctly and budgeted for will help protect you from unwanted surprises down the road.
Mistake #2: Doing real estate investing on your own
Many first-time real estate investors think they can jump into the Portland real estate investing game by themselves and find great success. Unfortunately, this is usually a huge mistake. Many rookie investors don’t know what they don’t know, and tend to make more errors without expert guidance. There are a range of benefits that come from working with housing market experts, typically those you’d find in a real estate development group. These experienced investors can serve as great resources for investing advice and networking opportunities that can get you an “in” with top developers, contractors, lenders and property managers.
In addition, working with the right Portland real estate investment group can help you find tenants, and handle the daily tasks associated with property management, such as collecting rent and performing routine maintenance and inspections.
Mistake #3: Failing to establish long-term goals
It can be easy for first-time investors to get caught up in the rat-race of chasing the next hot property they see on the horizon. Many times, these great opportunities come with higher risk that new investors aren’t prepared for. Ensuring that every decision you make aligns with the long-term goals and overall plan you have in place helps to minimize risk and keep you on track for success. Adhering to the investment goals you’ve predetermined will also help in keeping you focused on those ideal properties and better prepared for dealing with roadblocks that come your way.
Portland investors for property development
Portland Development Group offers a wide array of options for real estate investors interested in jumping into the Portland housing market. Our history of success is matched by our experienced teams who know how to identify opportunities and act quickly. Contact us today to learn more about our investment process and how we can work together to achieve success in this highly sought-after market.
Seasonality is a major factor that often goes underappreciated when it comes to property investment in Portland. Certain times of the year are friendlier to sellers, while months tend to favor home buyers. By understanding how housing market trends fluctuate throughout the year, you can give yourself an advantage as a property investor when it comes time to choose those investment properties.
In general, home sales tend to cool down in the winter and heat up during the summer. This has less to do with the weather and more to do with the yearly cycle of peoples’ busy lives. Families will often wait until the summer so that their children won’t have to move during the school year, while many people are also averse to the idea of moving during the holiday season. While weather does still play a role, the Portland housing market is less affected by weather changes than other regions in the United States with much harsher winters.
Property investment during the summer
The months that tend to see the most real estate transactions are May through August. Conversely, things slow down considerably in the dead of winter, making it much harder to sell a home. While these factors may not be make-or-break for every individual buyer and seller, they add up to meaningful trends over the long haul. As a result, Portland real estate investors can focus their efforts on certain times of the year.
If you are looking to sell your investment, you will give yourself the best price options by doing so in the summer. That is when the most buyers are on the market, meaning that you will likely see greater competition for your home. As a result, you are less likely to have to drop your asking price in order to make a sale happen when there is the most activity on the market.
Property investment during the winter
On the other hand, the winter months will generally be the best time to buy if you can find properties that are up for sale. There will be fewer buyers on the market to drive prices up, giving you less competition to land the property that you would like to invest in. Many sellers that were not able to make a deal in the summer months will lower their prices at this point as they will not want to keep their property on the market any longer. This can be a great opportunity for property investors to swoop in and make a purchase at a lower price than you’d find in the summer.
The fall and early spring months tend to offer fewer advantages on both ends of the spectrum, but you can still capitalize on property investment in Portland with a little searching. Sellers anticipating a declining market in the winter may lower their asking price in the fall, before lower demand forces them to do so. If you are looking to invest in real estate, it is wise to start looking in the fall, as the deal you are hoping for may pop up earlier than expected.
In the spring, many sellers will be holding fast to their asking price in the hopes that the rising crop of buyers are willing to pay a higher price for the home. Buyers will be anticipating more competition in the summer, and thus may be more willing to meet your asking price if they are steadfast on making a deal happen. Property investors should note that spring is the time that many homeowners will decide to put their properties up for sale.
Property investment in Portland
For those with the patience and opportunity, waiting for the right deal to come along can mean big savings. By understanding how seasonality affects the housing market, you can put yourself in a position to get the most out of your property investments. Contact Portland Development Group to begin working with experienced property investors.
It may still be rainy and cold in Portland, but the housing market remains hot. With relatively few homes for sale in 2017, bidding wars were common, making Portland second only to Seattle nationwide for increased home prices. The forecast for 2018 isn’t much brighter, with a shortage of available homes making it tough for buyers.
If you’re weary of being out-bid for your perfect house, it may be time to consider a custom-built home. Here are a few advantages of buying from custom home builders in Portland, Oregon.
Home Design Options
Custom home builders in Portland, Oregon offer an array of different floor plans with variations available to meet your needs. You can also partner with your builder’s architect to create a design uniquely your own.
Your home design can help you fully appreciate the features of your location – from a sprawling garden to a hilltop view. Work with your builder to adjust any relevant aspects – from window placement to basement size to ensure your property’s special elements are showcased.
And while you may have a Pinterest board filled with ideas about the appearance of your new home, your builder can also provide you with information about the latest trends in interior and exterior color, flooring, tile, roofing materials, lighting, and fixtures.
Home Building Materials
Materials used to construct a custom home will create a healthier living space for you and your family – you won’t face the lead paint, mold, or asbestos that can be found in older homes. Building codes are in place for new construction to guarantee materials like wall boards, ceiling liners and insulation meet fire safety standards, making your custom home safer, from the ground up.
Newer fixtures, like toilets, faucets and lighting are focused on sustainability, making your custom home better for the environment. Some builders may offer options to install future upgrades like solar or home automation.
Cost Savings with a Custom Home
Improvements in building materials and changes in building codes mean your custom home will require less energy. From high-efficiency heating and cooling, to insulated windows and energy-efficient appliances, your new home will provide comfort for your family and your wallet over time.
You’ll also save money by avoiding the maintenance and repairs associated with older homes.
Most custom homes provide a warranty, covering unexpected replacement or repair for items like windows, plumbing, and electrical systems, as well as major structural issues such as a leaky basement or roof. And some builders in Portland, Oregon may have strong relationships with materials suppliers, getting you quantity discounts or builder’s pricing.
Unlike remodeling an existing home, where costs are large and out-of-pocket, upgrades made to your custom home can be folded into your mortgage, allowing you to pay over time.
The Feeling of a Home That’s All Yours
With planning and attention to detail, your new house can deliver a functionality and ease-of-living to fit your lifestyle. Living in a new house that you’ve helped create provides you with a unique emotional connection. No one else has walked the halls or admired the view from the family room window. Your new house matches your personality and meets your needs. It’s not just a house – it’s now your home.
Custom home builders Portland, Oregon
You have a choice in builders in Portland. Our team of experienced project managers, architects, and designers are here to help you achieve what you’ve envisioned, and we make sure you’re happy with the results. Contact Portland Development Group and talk with our team about making your dream home a reality.
When you’re remodeling your investment property, by the time you get to the home design stage you are probably feeling fairly ready for the project to be finished. That way you can focus on starting your next investment. However, with the always increasing popularity of design blogs, and Instagrammers posting more and more photos of their home’s interior, the finishes you put into your investment property are more important than ever, which means spending an extra bit of time researching these choices is essential to attracting buyers.
Everything from countertops to cabinet pulls to backsplashes to paint color, can take your investment from ordinary, standard flipped property to a home that will bring an even higher ROI than expected. Here are the top interior home design trends to look for (and potentially use in your investment properties) in 2018.
For the last several years, all-white kitchens have reigned supreme across Pinterest and in the real world. White kitchens are clean, minimalist, and frankly, a little boring. That’s why in 2018 we can expect to see bold cabinet choices like robin’s egg blue or fire engine red or backsplash tile that goes far beyond your typical subway. While it’s hard to say that white kitchens are completely over, it’s easy to see the beginnings of potential buyers wanting a more unique look to their future home.
Natural Wood Tones
Another up and coming trend in kitchens are natural wood tones. With clean lines and earthier tones, lighter colored, natural wood cabinets and islands will bring an earthier element to any home. By moving away from dark stained woods, and going with a white washed, or even unstained wood like maple, an investment property will be able to keep the classic look of wood without creating dark enclosed spaces that seem dated.
While 2017 saw a change from the popular silver finishings to brass or even black hardware, 2018 promises to take it one step further and do away with high shine faucets, door-knobs, and drawer pulls. Brushed and even tarnished metal gives a lived-in look that makes any room feel more homey. Matte metal as a trend means that gold hardware might even make a resurgence without the dated feel that most gold, high shine door-knobs currently have.
Bold Furnishings & Fabrics
Brightly colored couches in plush fabrics will become centerpieces in living rooms everywhere in 2018. While velvet may seem old fashioned or stuffy, it will be a mainstay fabric for chairs and couches in 2018, due to the luxury feel it adds when done in the right colors, like navy blue or emerald green. While several mid-century style furniture brands like Joybird and Article have been making couches in distinct hues for several years, 2018 will be taking bright yellow and even neon pink couches into the mainstream as a popular home design trend.
While it may seem a little crazy at first, designers and homeowners alike believe that concrete will be very trendy in 2018, if purely for its versatility. While a few gutsy homeowners ventured into polished concrete floors for a more modern look, in 2018, concrete will be seen in geometric tiles and concrete countertops.
Exposed lighting is out and vintage lighting is in. Fixtures like aged copper pendants and brass sconces add a custom feel to a new home. These unique fixtures also add visual interest to a room, making them the perfect addition to any investment property as it provides a design boost without staging.
Millwork Feature Walls
Speaking of visual interest, millwork feature walls will bring their 2017 popularity into 2018 as a staple home design trend. Frequently used in bedrooms that you want to keep calm and relaxing, but not boring, shiplap and reclaimed wood are a relatively inexpensive way to add design, and value, to your investment property.
A print that may create some divisive conversations, floral prints are back, and in a big way. Much like kitchens and couches, the way to do florals in 2018, is bold, colorful, and oversized. This isn’t your grandma’s floral print. While a floral wallpaper home design idea may seem too big a risk to take in an investment property, consider testing it out in smaller or removable areas, like curtains, a floral chair, or even an oversized art print.
Custom home builders Portland, Oregon
And there you have, the top home design trends to potentially incorporate into your investment property in 2018. If you’re ready to get started on your next investment property, contact Portland Development Group today. With the best team in the business, we’ll help find you your next perfect property.
Remodeling a home to increase its property value as part of a real estate investment strategy is a highly effective way to become a successful investor. But it’s all about knowing how to make the right remodeling choices that bring you the most value to your investment. In the Pacific Northwest, there are specific remodeling projects that bring your home more value than anywhere else in the country. Take advantage of these opportunities to grow your investment portfolio at a lower relative cost to you.
Fiberglass attic insulation
A poorly insulated attic greatly raises monthly heating and cooling costs. To retain warmth in the winter and cool in the summer, replacing attic insulation is the most cost-effective home improvement you can make to add value to your home for the years to come. The best part of this remodel is that you can do it yourself if you’re looking to save extra money on labor costs.
Remodeling home with fiberglass attic insulation
In most cases, a professional or yourself will first use rolls of fiberglass insulation to cover the majority of floor space in the attic. Then, blown-in insulation (also known as loosefill insulation) will fill in any uncovered areas and small spots of exposure to ensure a fully enclosed and properly insulated attic.
New steel front door
Steel front doors are generally less expensive than fiberglass and wood doors while still providing a strong defense against wet winters and potential water damage – a big plus in Portland, OR. In addition, they don’t require a lot of maintenance and help keep the home insulated against the cold.
What to expect when replacing a front door
Another relatively inexpensive home improvement project you can do over the weekend is replacing your front door. The installation process is pretty straightforward. Tools you’ll need to remove the old exterior door and replace it with a new steel door include a caulk gun, miter saw, pry bar and reciprocating saw. If performing carpentry tasks as part of a DIY project isn’t your thing, you can always find a local handyman to handle this work for you.
Manufactured stone veneer
Manufactured stone veneer is the style of thin rock siding that you’ll often see on the exterior of homes near the front door. It can look very realistic and adds that extra aesthetic touch that improves the overall value of your investment property. You can choose to strip the front-facing walls on your home entirely, or decorate the bottom third of the walls for flair that improves the physical appearance of your home.
Home remodel with stone veneer installation
Installation of manufactured stone veneer can be a DIY project over the weekend or of course, you can hire a professional. Much of this will depend on the scope of your project. Generally speaking, you can adhere stone siding to a bare wall surface with nothing more than traditional mortar. The stone veneer is lighter in weight than brick and conventional stone material, which makes installation that much easier.
Minor kitchen remodel
Usually when homeowners and real estate investors alike think of remodeling a kitchen, they imagine major home improvement projects like gutting the entire room and starting from scratch. However, minor kitchen remodels offer greater rates of return and provide more home value overall at a lower cost to you. Some examples of valuable kitchen remodels include replacing old appliances with energy-efficient models and replacing cabinet fronts with wood panels. In addition, installing an updated sink and repainting the kitchen trim go a long way to increase the value of your property investment.
Invest in real estate with Portland Investment Group
Portland Development Group is committed to providing trusted and successful real estate investment, home-building and design, and redevelopment projects in the Pacific Northwest. Contact us today to learn more about investing with us and take a look at our high rates of return on Portland real estate investment.
Are you interested in investing in Portland real estate? With its steady population growth year after year and ever-increasing housing demand, there’s plenty of investment opportunity in real estate and home building. But before you jump into in Portland real estate investing, it’s important to understand a few basic truths about real estate investment so you can ensure you are placing your assets in all the right places. Check out these investing tips so that you know you are checking all of your bases before you begin this exciting venture.
Location, Location, Location
Location has heavy influence on how much a property is ultimately worth. The closer to downtown areas, good schools and citywide attractions, the more value a property has. As much as renters care about the amenities of a property, its physical location plays an even larger role in demand. Having a close proximity to desirable areas such as parks, shopping areas, and restaurants will only boost its investment value.
This may seem intuitive, but Oregon real estate investors will benefit from looking for homes that are being underappreciated in the market. Instead of wondering “What’s wrong with this place?” when you encounter a home that with little consumer interest, try figuring out how you can take advantage of its declining price with some savvy investing. With the stock market crash in the late 2000s, scores of homeowners saw their home values plummet. While national home values have been rising steadily in recent years, there is ample opportunity to get secure valuable properties in the current housing market before prices soar once again.
Act Before it’s Too Late
Nothing can derail a good investment strategy more quickly than indecision. It is important to go into the home buying process knowing what your resources are and what you are looking for. When you find something that meets your criteria, act on it.
This is where working with a Portland real estate development group can pay dividends. At Portland Development Group, we have skills and years of investing experience to ensure you feel confident that you have taken everything into consideration before making any big decisions.
Take Advantage of Tax Benefits
It is a simple step that could end up saving you a lot of money down the line. All you need to do is talk to a tax adviser about what kinds of benefits may lay in wait for you when looking into Portland real estate investment. By knowing what kinds of financial benefits you will be able to take advantage of, you can get a better idea of what your long-term investment will really be and how much you can afford to invest.
Portland Real Estate Investing
Taking your first steps into real estate investing can be exhilarating and lead to long-term portfolio growth if you adhere to tried and true property investment strategies. By making sure that you are prepared for the project you are about to undertake, you can set yourself up for plenty of success. Contact Portland Development Group to work with an experienced investment group with years of investment and home building successes in Portland.
A real estate investment group manages a collection of properties, including rent, tenants, and maintenance, and sells these homes to investors, which can then be leased out. Also called a REIG, these investment groups make their money through monthly rent and home price appreciation.
Real estate investment groups, or investment clubs, are a great choice for both newbies and seasoned pros. They serve as a way for people who are interested in passive real estate investing to get involved without having to quit their day jobs. If you’re looking to jump into the Portland real estate market without the daily challenges of managing multiple rental properties and tenants, group investing may be right for you.
Benefits of joining a real estate investment group
Become real estate investor without landlord responsibilities
What stops a lot of people from becoming investors into Portland properties is fear of inheriting landlord duties. Dealing with tenants, collecting rent, completing maintenance, and other responsibilities often prevent a lot of people from investing. Becoming a landlord can be a major hassle for those who don’t have the time or money manage properties. Luckily, these duties aren’t necessary for someone who wants to begin real estate investing.
With a real estate investment group, you aren’t responsible for tenant issues, maintenance concerns, or even visiting the property in person if you choose. These landlord duties are taken care of by group management so you can spend more time riding the housing market wave and less time potentially dealing with tenant issues.
Learn how to invest in real estate first-hand
There are a few reasons why newcomers to the Portland real estate market prefer group investing over trying to invest privately. Being part of a group allows you to learn tips and tricks from Portland investors with years of experience. Group membership also allows for networking opportunities and chances to make connections in local investment communities.
In addition, an added benefit to those new to real estate investing and other small-time investors, REIGs usually allow for bite-sized investment totals, such as $5,000 and $10,000. That being said, investment groups of course allow for and support exponentially larger contributions, those well into 6-digit investments.
Support during market highs and lows
Housing markets are cyclical. Throughout the life of a housing market cycle, there’s highs and lows, both year-over-year and seasonally. For example, any realtor will tell you it’s easier to sell a house in June than it is in December. When buying and selling homes slows down for the year, investors in these investment groups can rely on one another to be on the lookout for opportunities to snatch up hot Portland properties. This support makes staying on top of the ever-changing housing market that much easier when there’s multiple members keeping an eye on new properties emerging on the market.
How to choose a successful real estate investment groupAsk for investment portfolio
Your investment group should have a history of high returns on investing in real estate properties. Trustworthy investment groups will proudly show off their rates of return on investments, investor capital rates and annual distribution rates. A REIG that can prove it’s a player in the community with a history of flourishing investment decisions is worth your time to research before making a final choice.
What are the investment group’s values?
Are the members only in it for the money? Or, do they care about the neighborhoods and community at large that will be affected by their investing? Investment groups that are – excuse the pun – invested in the community will make decisions with purpose and integrity. You want to work with a group that wants to thrive – and wants the community at-large to thrive as well. This may also include the group’s investment objectives, meaning who is the group trying to attract? For example, some REIG strategies revolve around building luxury remodels for families, large condominiums in a hot market for young professionals, and more.
Which neighborhoods did the group choose to invest in?
You’ll want to choose a group that has a deep understanding of the city they’re investing in to ensure they’re making educated decisions about the viability of the housing market. For example, Portland Development Group looks at the Portland Top 10 neighborhoods when choosing areas for redevelopment and properties to remodel and rent out. Make sure you know exactly which areas the group is choosing to invest in, and why they believe those neighborhoods promise large future returns.
Portland real estate investment and redevelopment
Interesting in jumping into the Portland real estate investment game? You’ve come to the right place. Portland Development Group has the expertise and history of success you can trust. Contact us to learn more about our investment portfolio and how to break into the Portland real estate market today.
Custom home building in Portland offers a wealth of investment opportunity if done right. The ability to customize a home to match exact wants and specifications is in high demand, and a quality home builder can increase the value of these properties exponentially. However, this requires putting a lot of faith in the custom home builders that the job is completed on schedule and with integrity.
If you are looking for trustworthy Portland home builders, take a look at these tips for making sure that you’ve found the builder that is right for you.
Builders work with a team of experts
High-quality work relies on a collaboration among a group of home-building experts. From home designers to project/production managers and a strong relationship with the City of Portland’s permits office, the best home builders work with an experienced team to ensure construction is on schedule and under budget. When considering custom home builders in Oregon, take a close look at their history in the region and completed builds they’ve done in the past.
In addition, learning more about the local vendors and subcontractors home builders rely on for materials and labor can say a lot about the quality of work they produce. When building a custom home, even the smallest mistakes can snowball into major expenses if managed by an inexperienced team. That’s why it is so important to make sure that your builder has a history of working with a qualified team that knows how to handle the project from top to bottom.
Communication is open, transparent
It may not be a craft skill, but one of the most important qualities Portland custom home builders can have is open communication. Trust is key in this industry and you need to know that builders are going to be clear with you about exactly what is going on in development so that you are never left in the dark. Transparent, open communication also ensures there’s no surprises with extra expenses and construction deadlines.
Belong to a Builders Association
One of the most difficult parts of hiring a home builder is sizing up their skill level and quality of work. Belonging to a Portland builders association demonstrates that the team you’re considering is keeping up with industry trends and developments and will use that expertise to provide more value to the finished home. This certification can give you peace of mind that the custom home builder you are hiring knows exactly what they’re doing.
Custom home builders in Portland OR
Choosing a trustworthy Portland home builder to handle your next project is critical to getting the most value out of your build. That’s why at Portland Development Group, we work with a highly experienced team to handle all levels of the building process, from planning and permitting phases to design and construction. Contact us today to begin work on your custom home build in Portland.
Portland has boasted a strong housing market for years. Any amateur investor knows this. But here’s the big news for real estate investors: According to Oregon’s largest newspaper, The Oregonian, 94% of Portland homes would sell for more now than during the housing bubble in the 2000s.
And yes, this pricing trend is far above the national average. Compare these home prices to those of the rest of the nation: 48% of homes nationwide are selling at the same rate.
What does this mean for Portland real estate investors? 9 out of 10 Portland homes are more valuable now than ever before.
Why is Portland housing in such high demand?
While seasoned real estate investors know Portland as one of the hottest housing markets to invest in, new investors can hop in the game too. No matter what’s going on with the national housing market, Portland, Oregon will always be in high demand. Why? Because of its strong local economy, highly-rated schools, culture and entertainment amenities, and more. Take a look at just a few reasons why Portland remains one of the most desirable places in the Pacific Northwest to live and invest:
Portland, Oregon is a young professional’s paradise
Portland attracts young professionals for a reason. From Nike to Intel, Boeing and Daimler Trucks North America, the city’s major industries provide a constant stream of high-paying jobs that encourage growth and relocation. These predominantly college-educated, single professionals have large disposable incomes and are looking to spend their hard-earned cash on food and entertainment.
In addition to high-paying jobs and plenty of neighborhood amenities, these prospective homebuyers tend to care deeply about local school ratings, crime rates and ease of work commute. With Portland’s low violent crime rates and well-funded schools, it’s no surprise that Bridge City attracts these highly sought after home buyers.
Join Portland real estate investors
Itching to jump into the Portland real estate market? Whether you’re a seasoned investor or brand new to real estate investment, investing with a group allows you to become a player in the housing market without dealing with landlord responsibilities and tenant headaches.
Portland Development Group is your trusted source for property investment, home building and redevelopment, and home selling in the City of Roses. To learn more about our investment portfolio and history of success in property development, contact us today.