The beautiful city of Portland was incorporated in 1851 and located in the Northwestern United States. It has an estimated population of 575,930, in July 2008 and now it has become 29th most populous city in the United StatesIt is the most greenest city in the United States. The Portland is also recognized as the city of roses because its climate is most appropriate for the roses. Portland is most populous city of Oregon, and the third most populous city in the Pacific Northwest after Vancouver, British Columbia, and Seattle, Washington. In the Portland metropolitan area, approximately two million people live there, and according to the research Porland is the 23rd most populous in the United States as of July 2006. Portland nick names are “ city of roses” “Bridgetown” “Rip city”etc. The Portland condos are very luxurious. Many turists vist Portland every year and stays in Portland Condos.
In the last few week the Portland Condos market was in the staggering position. The starting price of Portland Condos for a 2-bedroom unit was up to $306,000 and ranged up to $420,000 for around 950 sq. ft. If we take overview of the real estate market, in central city towers, 884 new construction units are available. According to the expert Portland Condos market it would take about 5 years to sell Portland’s central city new construction inventory. Portland’s condo re-sale market not as bleak as new construction.
Approximately there were 3,896 active Portland condos throughout the Portland metro area up to the May 12. The average price is $329,000 for 1,344 square feet. The Portland area had 3,675 listings at an average 1,336 sq. ft. and list price of $333,300, In the August 2007 snapshot.
If a person wants to own the Portland condos, he has to keep in mind the following three main points.
1: Price of the condos
2: Location of the condos
3: Community of the condos
Here are some saleable Portland condos, which are mentioned below.
1: Foreclosure Investment Auction Property: SW Condor 1, Portland $413525
2: Great 3 Bdrm Condo with view of Mt. Hood in Beaverton $205000
3: Sherwood 2BR 1.5BA, New Paint New Plumbing New Windows. $115000
4: Great 3 BR 2.5 BA condo close to NE Alberta $225000
5: Bank Owned Property - 2 Bed/2 Bath Condo in West Linn $181900 etc
So from the above Portland condos the buyer has to choose that one which is more appropiate according to the location, price and by the community aspect.
