Our Private Money Loan Team Knows the Portland Metro Housing Market
Portland, Oregon has a lot to offer.
U.S. News and World Report agrees. Each year, the publication releases a list of the top cities to live in in America.
Metro areas are rated according to job market, value, quality of life (crime, college readiness, commute, and other factors), desirability and net migration.
Portland ranks 6th out of 50 cities, thanks to overall cost of living, average annual salary, lifestyle, quality of schools and healthcare. The area’s mild weather, access to recreation and cultural scene continue to attract a growing population.
Thanks to the city’s popularity, the local housing market is one of the hottest in the country – and shows no sign of cooling. For those looking to invest, the question is where to find the best deals with a much sought after “Portland” address.
Outer neighborhoods offer attractive real estate investment options. Here are five Portland metro areas to consider when searching for rental or investment property:
5 Portland Neighborhoods to Find Real Estate Deals
Powellhurst-Gilbert: Culturally diverse, family-friendly and close to the 600 acre Powell Butte Nature Park, Powellhurst-Gilbert is known for it’s community spirit and good schools.
Foster-Powell: Close in to Portland’s city core and with great public transit, Foster-Powell offers an attractive blend of livability and convenience.
Portsmouth: This peaceful neighborhood, home to University of Portland, is a perfect area for first time home buyers and investors with it’s array of charming Cape Cods, Craftsmen, Victorians and bungalows.
Milwaukie: Conviently connected to Portland via the region’s Trimet public transportation system, Milwaukie sits on the Willamette River and offers appealing shopping and dining options.
Hazelwood: One of Portland’s largest neighborhoods, Hazelwood includes the Gateway Urban Renewal Area – a major effort to increase livability in the region. Homes feature uniquely spacious lots.
Our Oregon Private Money Lender Knows the Region
It pays to work with a lender that not only knows financing but also has a good sense of a region’s investment challenges and opportunites. The team at Gregory M. Russell has been working with Oregon real estate investors for over 30 years. We know the Pacific Northwest and bring our expertise to each client experience. We provide fast, flexible hard money loans when you need them most. Give us a call to learn more. 1-888-477-0444.