In the last couple of weeks I have noticed that our out of state investors have really started calling again. Our market has always been popular with California investors in particular, and that is one reason we developed our investor education site at www.InvestInPortlandRealEstate.com .
I think these investors were taking a wait and see attitude as to what the market was going to do. Now that they have seen that the market is not going to take the huge hit that had been forecasted they are seeing it just stabilize back to what it should be. With that being said, Portland and the surrounding areas such as Beaverton, Tigard, and Tualatin just to mention a few that are still a good investment.
The Portland market over the last 18 years has gone up each and every year although not with the huge increases that such places as California, Florida and Arizona have had, on the up side of that is we don't have the drastic dips in prices that these markets experience. An investor can still find a 3 bedroom, 2 bath home that rents out nicely in the 250K range. Portland is still the most affordable West Coast city. If you own an investment home here in Portland, you can check it's value and get auto-emailed with all the active, pending and sold comps at www.roblevy.com or www.emailhomevalue.net
