Portland Real Estate The City of Roses is now the booming capital of new luxury real estate properties in Oregon. Portland pre-construction real estate opportunities abound in this urban city of Oregon.

Often considered one of the most livable cities in North America Portland is situated in the state of Oregon. Portland city straddles the Willamette river just south of the Columbia river. Portland is the second largest city in the Pacific Northwest second only to Seattle in population. The estimated population of Portland city is 556,370 with surrounding areas taking the population of the greater metropolitan area to just over 2 million. Portland is often referred to as the city of roses.

The Pre-Construction Portland Condo Property Market
Portland is sometimes the forgotten city on the West Coast of the US. Located right between Seattle, Washington and the major cities in California such as Los Angeles and San Francisco, Portland has become a hub for students, retired couples and young professionals as the city is a great blend of cosmopolitan flair in addition to laid back experiences. Portland’s presales and pre-construction real estate marketplace has become a great story for this beautiful city as many of the older parts and districts of Portland have been newly revitalized. With so many new developments in condominium homes and loft apartment townhomes the presales real estate market has remained very strong despite drops in the market elsewhere in California. Although mortgage rates have increased and consumer confidence in pre-construction condo real estate properties have dropped due to skyrocketing costs and shortage of labor, many investors in real estate investments as well as home purchasers have opted for Portland Oregon and for many great reasons. Firstly, the average home (attached and detached) as well as attached dwellings (such as condos, residences apartments, flats and lofts) are very cheap and affordable to singles and young couples when compared to cities like Seattle and LA. About $300,000 less for an average home and about $100,000 less for condominium presales properties, Portland pre-construction properties sales have also increased significantly within the past five years. A bright economy, many new renovation projects in the downtown core and high-rise residential projects being passed by city council, Portland is a west coast city on the rise. In addition, the livability of Portland Oregon is next to none … with some fine parks and recreational facilities in addition to a lot of greenery around the entire city, the lifestyle is healthy and the urban experience is one to enjoy for a lifetime. The revitalization of downtown Portland’s real estate marketplace is another step in the evolving urban atmosphere of this Oregon city and with that comes less crime, better economy, better pre-sales and construction updates as well as a gain in confidence from property investors and consumers who want only the best and only compare themselves to other west coast cities. The infrastructure is well thought out and designed and Portland’s downtown has been recently voted as the most livable in the United States! With a booming population and a great growth of younger professionals and students, the future is very bright for the real estate condominium presales market for many more years to come. Today is the day where you can still purchase Portland real estate at affordable pricing, so why aren’t you doing anything about it?

Real-estate opportunities in Portland.
With a booming economy Portland has seen extraordinary opportunities in real estate over the past decade. The real estate boom combined with new trends for inner city living has generated numerous condo and high-rise residence tower projects in Portland. In some instances old buildings are being refitted as condominiums while a number of old buildings are being demolished to make way for high rise luxury condo towers. The new condo boom in Portland is being seen right across north America and represents excellent opportunity for first time buyers to own a home in downtown Portland, and further represents great opportunities for real estate investors wanting to make the most of the Portland real-estate market.

About Portland, Oregon
Portland’s downtown area extends along the banks of the Willamette river and creates a picturesque site for recreation. Portland downtown has narrow streets and compact city blocks making it very pedestrian friendly. The city is serviced by a modern light rail system known as the ‘streetcar’ which conveniently takes residents from one end of the city to the other.

Portland is divided into five sections: Southwest, Southeast, Northwest, North and Northeast. Burnside Street is the boundary between north and south, and the Willamette River divides the eastern and western sections. North of Burnside Street, the river curves west and in place of it Williams Avenue is used as a divider. Between Williams and the river is the fifth, North, quadrant.