|CORVALLIS, OR - DECEMBER 4: Ryan Katz #12 of the Oregon State Beavers (Image credit: Getty Images via @daylife)|
Oregon is a College State
Look at some of the other big college states and cities: Texas has a large number of old and new universities and colleges across the state and their real estate market right now is well above average. Boston, which has a quarter of a million students living in the city, has some of the highest demanded real estate in the country. College kids may be poor, but everyone wants to live in a college town. When looking at Oregon, they have many small colleges, but also are home to the University of Oregon and Oregon State. Looking at one house for sale in Corvallis Oregon in particular, it's property value since the big economic letdown a few years ago has increased by more than double. Pretty impressive considering we're still riding in the economic hangover.
There are several well known popular companies like Nike that have deep roots across Oregon, and continue to be successful and bring in big bucks, but there have been several private hospitals and medical and pharmacy industries that have made impressive gains within the past decade. The success of these companies is directly correlated to home prices in Oregon, and luckily these organizations show no signs of slowing down.