An interesting article in today's Portland Oregonian about prices have declined some in 2011 however Portland is one of a few markets where prices are expected to increase in 2012.  The Oregonian Article can be seen by clicking HERE.  The article says prices fell in 2011 but have now turned the corner into 2012.

Given this information, and also a recent article in the Willammette Week about Portland being "Renter Hell" (meaning a REALLY low vacancy rate), as well as historically low interest rates, maybe now is also a time to look at buying a rental property ?

The Rob Levy team has over 50 years combined experience in the Portland real estate market.  We have unparalelled access to bank owned homes too.  Give us a call if you are thinking about looking for a home now for yourself, for a 2nd home (yes, we are selling many of these) or for a rental.