As one of the most desirable states in the Pacific Northwest, Oregon combines both coastal and mountain living. It has become a popular spot for real estate investors both international and domestic. Property investors gain the ability to make a good decision when investing in OR by using the resources found below.
The Beaver State is known for the beaches, mountains and amazing scenery. This has made it one of the top spots on the West Coast for tourists. In addition, Oregon had the 17th highest median household income in 2015 and the gross domestic profit was nearly $220 billion in 2013. It was ranked as the 25th wealthiest state in 2012, which was up three spots from 2003.
Largest Cities & Towns in OR:
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Economic & Real Estate Market Trends
State Population Growth:
Since 1850, Oregon has grown significantly, according the census report. The population was only 12,093 in 1850. The 210 census for the state had the population estimated at more than 3.8 million. Since 1850, OR has grown by at least 10% every ten years except from 1980 to 1990, when the state grew by 7.9%.
Portland Office Market Trends:
Downtown Portland: $1.5 billion planned investments in Downtown Portland