Thursday, June 14, 2012

How Oregon Real Estate Looks This Summer

CORVALLIS, OR - DECEMBER 4: Talmadge Jackson I...
CORVALLIS, OR - DECEMBER 4: Ryan Katz #12 of the Oregon State Beavers (Image credit: Getty Images via @daylife)
The great state of Oregon has seen some great real estate gains within the past few years. For the most part and in most areas of the state, home values have been on the rise and there's an increased demand for properties. Here are a few of the big reasons why:

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.

Great Businesses
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.

1 comment:

  1. The clear overview of the Oregon Real Estate is a huge source of knowledge for me to understand this concept in a detailed templates