Look Beyond “Hot” Markets for Best Real Estate Deals

Look Beyond “Hot” Markets for Best Real Estate Deals

Oregon hard money lender can help make investment property yours

Oregon has received a lot of attention the last few years as one of the country’s hottest “move to” destinations.

Frequently ranked among “best places to live,” Portland in particular is popular for its livability, relative affordability, and quirky “keep it weird” vibe. The food, mild weather, accessibility to outdoor activity, and vibrant tech and creative job industry all add to the urban draw. But its swelling population doesn’t mean Portland is the only option when it comes to Oregon real estate.

SmartAsset ranks healthy housing markets based on stability, affordability, fluidity and risk of loss. The financial tech company recently ranked the healthiest markets in the state of Oregon as follows:

  1. Canby, OR
  2. Scappoose, OR
  3. Gladstone, OR
  4. Corvallis, OR
  5. Tualatin, OR
  6. La Grande, OR
  7. McMinnville, OR
  8. Beaverton, OR
  9. Monmouth, OR
  10. Forest Grove, OR

It’s a helpful list if you’re considering investing in real estate in Oregon or have been stymied by Portland housing prices. Tualatin and Beaverton provide attractive suburban options within a short commute of Portland (hop a Max train and avoid traffic). Corvallis is a vibrant university town where multi–unit and rental property investment opportunities abound. And scenic Canby offers property investments with easy access to Portland.

Invest smart in a healthy housing market for a low risk of loss

If you’re looking for real estate investment opportunities, doing your homework and thinking both creatively and long term can bring greater ROI. Is the local real estate market too tight? Can’t afford rising housing costs? Take a look around the corner at other investment possibilities.

We provide hard money loan services throughout Oregon and can assist in a variety of property investment scenarios. Contact our team at Gregory M. Russell to talk about your needs. 1-888-477-0444.