It’s an excellent time to invest in a rental property!

Rental rates in Portland are rising, and availability is falling.  We’re now raked the 11th tightest rental market in the country.  Portland also  comes in fourth for job growth behind Austin, Houston and San Jose.

Rents will increase on average 4 percent this year, according to this article.

Home prices are at 2003 levels, interest rates are at their lowest in memory, and investors are jumping in with both feet.  If you would like advice on how this can work for your investment portfolio, please let me know.

Posted on February 7, 2012 at 7:44 pm
Cary Perkins | Category: cary perkins, Current Portland Real Estate Market Information, Moving, Moving to Portland, OR, Portland Oregon, Portland Real Estate Data, Portland Real Estate Statistics

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