Deal Analysis Meeting in Portland, OR
– As president of the Northwest Real Estate Investors Association, I get asked one question all the time, but lately my answer is different. The question is: “What’s the market like out there in Portland?” the other version is; “What’s the market like down there in Eugene?”
Well, the market can be different from neighborhood to neighborhood, but over all the market is hot! It’s a seller’s market. In Portland the inventory is two months. In Eugene, it’s 3 months right now. In south Eugene, even shorter. I put a house on the market (5053 Alpine Loop, Eugene) and it sold in less than one day! (Friday up, and contracts were signed over the weekend.) And the price will raise the comps in the area.
Interested in learning more about the market in the Portland area? Come out to the Deal Analysis and Discussion Meeting in Tigard, Oregon on May 21 at 6:30 – 9:00. here’s the link to enroll: https://northwestreia.com/Events.aspx?ID=Deal-Analysis-and-Discussion-45-5-21-2015
So find out, did I list my property too low? Are you going to offer too much on yours? Find out if someone has a deal for you! There are folks there looking to form joint ventures too.