One Million People Moving to Portland in 25 Years! Are you one of them?
November 8th, 2007 by dirkknudsenSo Listen Up. We have great Planners and Planning tools here in the Portland Area. This stuff works. And as this region between Seattle and Portland continues to boom and has now been dubbed one of the Top Three regions to Invest into…Region now termed “Cascadia”…you have a great opportunity. Here is a quote directly form the Portland State Center for Urban Studies 3rd Quarter Report that was just Published:
“Even as we pursue the resources for deferred maintenance of our existing public infrastructure, we face the stark demographic dilemma of how to welcome the estimated one million new neighbors who will be joining us here over the next 25 years. This faster-than-expected population growth will have a transformative effect on our region, making the need for decisive action even more urgent. Not only will our actions, or lack thereof, affect every developer, contractor, lender and broker, they will affect every resident of the metropolitan area.”
They are going into detail here about what is needed but the fact remains…They Are Coming! What will happen to one of the tightest real estate markets in the Country when these folks get here? Moreover we are the single best value on the West Coast! Far less than San Diego, Los Angeles, The Bay area, and Seattle. And yet we have the #1 rating in many years for “Most Livable”. It has become cool to have a home or a second home in Portland. It’s a great place to be for sure.Â
The point is that investments here will bear fruit. A home purchase here is a great idea. We also have Duplexes, Land, Commercial, and second homes and vacation homes. This flatneess or correction we are having will no doubt be looked upon as the best buying opportunity during this growth cycle.
If you are one of the Million inbound well I say “welcome”. Your coming anyway so why not let us help you set down some roots.
Call me anytime at 1-800-715-6939. I can see you down there in San Francisco, LA, San Diego. Call me. Will save a house or two for you! Best wishes to you.
Oh by the way here is the Link to the Portland State Study. Enjoy: http://www.pdx.edu/media/r/e/RE_2007REQuarterly3q.pdf
Dirk




