Buying Portland Condominiums
Portland Oregon is a great place for families and great place to call home. It is a thriving community with many outdoor activities and parks for you to enjoy. Whether you are a single person or a family looking for spacious living place, Portland condominiums might be just the right option for you.
Portland's moderate temperature and great outdoors environment makes it one of great place to live in places like Hillsboro, Lake Oswego, West Linn, Tigard, and greater Portland area.
Prices have become very affordable for all types of buyers, but especially for those seeking Portland condominiums, there has been not better time. With the recent housing bust, inventories of housing and unsold condos have climbed to record levels. There has been huge investments in South Waterfront, Pearl District and the downtown areas, but some luxury condo construction have stalled because of economic conditions.
The average price of Portland condominiums have been $478 per square feet in late 2007, but these prices have declined significantly. With inventories of unsold condos reaching its high, this is perfect time to buy for those who have enough money for down payments.
$250 per square feet is the average sales price in middle of 2008 and have declined some more since then, further allowing buyers who has long term horizon. Prices of housing will not come back to the highs reached in the mid 2000's, but if you have long term perspective this might be the perfect time to purchase one.
So, whether you are looking for a living without headaches of owning a home, this option makes perfect sense. It offers convenience and modern urban living for those who just want to enjoy there living space. The residential real estate market should rebound starting late 2009 to early 2010, you should be step ahead as you research the opportunities.
Portland's moderate temperature and great outdoors environment makes it one of great place to live in places like Hillsboro, Lake Oswego, West Linn, Tigard, and greater Portland area.
Prices have become very affordable for all types of buyers, but especially for those seeking Portland condominiums, there has been not better time. With the recent housing bust, inventories of housing and unsold condos have climbed to record levels. There has been huge investments in South Waterfront, Pearl District and the downtown areas, but some luxury condo construction have stalled because of economic conditions.
The average price of Portland condominiums have been $478 per square feet in late 2007, but these prices have declined significantly. With inventories of unsold condos reaching its high, this is perfect time to buy for those who have enough money for down payments.
$250 per square feet is the average sales price in middle of 2008 and have declined some more since then, further allowing buyers who has long term horizon. Prices of housing will not come back to the highs reached in the mid 2000's, but if you have long term perspective this might be the perfect time to purchase one.
So, whether you are looking for a living without headaches of owning a home, this option makes perfect sense. It offers convenience and modern urban living for those who just want to enjoy there living space. The residential real estate market should rebound starting late 2009 to early 2010, you should be step ahead as you research the opportunities.
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If you are making Portland condominiums you home, please review Portland Condominiums, and Portland Condominiums
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