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Only 10,000 Single Family Homes, Or Less, Are Predicted To Be Built In Portland By 2035



By
EquityPoint Real Estate

PORTLAND,
Ore. – Did you know that thanks to the recent report from the Planning and
Sustainability Commission in Portland we can expect about 10,000 new single
family homes to be built here by 2035?

Although
10,000 new single family homes are predicted to be built by 2035, the Planning
and Sustainability Commission predicts that we will see about 123,000 new
condos, town homes and apartments built across Portland in the next 20 years.

More Homes Built Outside Of
Portland

There’s
no denying that more people are moving to Portland right now but those who
decide to move here over the next 20 years may end up searching for homes
outside of Portland especially in cities like Forest Grove, Beaverton and
Hillsboro.

The
recent Planning and Sustainability Commission report confirmed that over 33,000
homes are predicted to be built in Washington County over the next 20 years.

When Is The Right Time To
Buy In Portland?

Right NOW
is the best time to buy a Portland home since mortgage interest rates are still
historically low and you can get a great 15-year, or 30-year fixed mortgage
loan.

How to Get Started With
Buying Real Estate

To get
started with buying Portland Oregon Real Estate do the following:

Step 1 –
Check your credit report to confirm your credit score and resolve any
inaccurate or negative items.

Step 2 –
Get pre-approved for a mortgage loan.

Step 3 –
Know the type of home you are searching for. Example: Bedrooms, bathrooms,
square feet and location.

Step 4 –
Hire a Portland Oregon Realtor.

To get
started with buying Portland Oregon Real Estate contact EquityPoint Real Estate
today by calling us at (503) 595-8800 or click here to connect with us online.

Posted in: Portland Oregon Homes, Portland Oregon Realtor

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