Hard Money Lenders Make Oregon Real Estate Investment Easy
Oregon makes headlines as one of the most favorable places to live in the U.S.
According to migration data studies made by Atlas Van Lines, the state ranked second in the nation for inbound moves from January 1 through December 15, 2016.
Ten years later, United Van Lines similarly listed Oregon as a top moving destination, placing the state first in the country for inbound moves in 2025.
What makes Oregon so appealing?
According to United Van Lines’ report, younger inbound movers are drawn to the state by family and lifestyle.
Employment opportunities are also noted as a major draw to those moving to the region. Construction, professional, and business services are among job markets that tend to experience growth. Oregon’s job growth rate of 3.3 percent was the second–largest in the country in 2016, and the state consistently outpaces national average employment growth trends.
The Eugene-Springfield and Salem areas drew the largest numbers of inbound moves. Cost of living in these destinations trend lower than Portland-metro.
Strong economy equals real estate investment opportunities
Oregon’s appeal as a move-to destination and its robust employment scene indicate solid real estate investment opportunities. Thanks to the state’s population influx, the housing market remains competitive and rental properties are highly sought after. As a hard money lender with over 30 years experience, Gregory M. Russell has the know-how to provide investors with the loan service they need to move fast when investment opportunities arise. Give us a call to learn more about our direct equity loans at 1–888–477–0444.