Real Estate Resource

Portland Housing Market Performance 

Portland continues to enjoy good press and a great reputation as a city that offers an excellent quality of life & a variety of opportunities. We boast postcard vistas of Mt Hood as we drive around our fair city, we drive only short distances to touch the ocean, taste the snow or enjoy urban fare. We sport world-class restaurants, one of the largest inner-city parks in the 48 contiguous states, a bustling downtown, a growing fashion scene, a green reputation and so much more. We are constantly mentioned in the New York Times, Money Magazine, Men’s Health & other rags for our many attributes. It’s no wonder we have fared so well in the recent housing “market adjustment” and the national sub-prime mortgage debaucle.

As the stats in the attached PDF file attest (from the Population Research Center at Portland State University), we have much to look forward to in growth & future prosperity! Portland is one of the top three cities in the nation for home appreciation. Portland has less than half as many subprime mortgages as the national average. The estimated population of Multnomah, Clackamas & Washington counties in 2025 is 1,997,623 and Portland itself should have a population of 778,000. The Portland real estate market is definitely adjusting. But, this correction is part of the housing market cycle. Market corrections are absolutely necessary and keep prices at a level that people can afford!! Real estate is still a heathly and necessary component of building true wealth!

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