Need a REALTOR® for your
Portland area investment property?
OutofTownLandLord connects you with Portland’s very best property investment specialists. A licensed, experienced, dedicated REALTOR® who will deliver stunning results and stellar service. Learn about the REALTOR® and the Portland area market below.
Justin Leithem, REALTOR®
Portland Investment Specialist
Counties: Multnomah, Clackamas, Washington
Cities and Towns: Portland, Gresham, Sandy, Troutdale, Damascus, Boring, Welches, Rhodedendron, Lake Oswego, Happy Valley
Real Estate Experience: 4 years
Company: Iron Gate Realty Group
About Justin Leithem
I am a real estate investor first and foremost who chose to get into the real estate agent side of the business in order to help people accomplish their goals. I love helping people achieve financial freedom through real estate, and have made a commitment to set an example of what that looks like in my own life. I actively flip houses, own a 5 unit apartment, am developing my first housing development and hope to be out of the rat race within the next 2 years. I hope I can be of assistance to other investors looking to achieve similar goals!
About the Portland Area Market
Real estate in Portland has become a commodity in the last few years, with home prices outgrowing the national average and appreciation rates bursting with equity gains that far outpace the rest of the country. Portland real estate investors and homeowners can continue to expect great returns through 2017 thanks to a combination of positive factors, including new housing construction, employment and unemployment rates, etc. For those considering Portland real estate investments, the following provides a breakdown of appreciation rates in previous years:
- Homes purchased in the Portland, OR housing market one year ago have appreciated, on average, by $47,097. The national average was $14,963 over the same period.
- Homes purchased in the Portland, OR housing market three years ago have appreciated, on average, by $106,399. The national average was $46,878 over the same period.
- Homes purchased in the Portland, OR housing market five years ago have appreciated, on average, by $153,934. The national average was $82,353 over the same period.
As you can see, Portland continues to outpace and out grow the rest of the country and shows no sign of slowing down.
Investment Price Points in Portland
Entry Level: $200,000
Mid Level: $350,000
Upper Level: $550,000
Free Report: Demographic and Housing Data on the Portland Market
Would you like free demographic and housing data on the Portland market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the Portland market is right for you! Click here to get your free report.