cary perkinsCurrent Portland Real Estate Market InformationMovingMoving to PortlandORPortland OregonPortland Real Estate DataPortland Real Estate Statistics February 7, 2012

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.