The Effects of People Moving to Oregon
Here for the last 4 to 5 years the most popular state in the nation is Oregon. With more moving companies showing a destination of Oregon, we knew things glad to change.
Just a few years back, rental housing was everywhere and buying a home was not such a cat fight. The homes for sale in Oregon are drying up a bit. Oregon real estate in general has become much more popular.
Moving to Oregon
With this said, the battle for buying a home rages on in places like the Portland metro area and now even in Salem. Moving to Salem Oregon is still one of the best destinations, the traffic is not much of a problem and the Oregon homes for sale here are better priced than our neighbors to the north in Portland.
With people moving to Salem Oregon we have seen price increases of 13% over last year. Homes are now starting to be bid up as they are in Portland. Houses for sale in Oregon in general have seen price increases across the board.
If you move here we have tons of stuff to do, like dig for monster clams!
Moving to Oregon
This moving to Oregon craze has had a major effect on Oregon’s economy. There are tons of jobs with all the housing being built and from the looks of things, it is not going to slow down anytime soon.
With the current lack of houses for sale in Oregon we are now seeing 4.0 months of inventory in Salem and only 1.9 months in Portland. This means that if no more new homes come on the market, it would take 4.0 months and 1.9 months respectively to sell all the homes.
This puts us squarely in a seller’s market, we will not reach the tipping point until we get to 4 months of inventory, at this time we will be entering into a buyer’s market. From the looks of Oregon real estate, this may take a while.
If you have plans of moving to Oregon, think about moving to Salem Oregon. The traffic is non-existent and the homes are priced better.
Land for Sale Oregon
Land for sale Oregon has also seen a steep rise in popularity, many people are looking for small and large parcels to build homes on. Many just trying to find the best places to live in Oregon, and as we all know, there are plenty of those to go around.
The moving to Oregon craze has seen Oregon go from obscurity to being a popular destination. There are still many homes for sale in Oregon so don’t wait,
This may not be the case for long.
Call me I will help 503-949-5025 or go to my site at www.homesforsalesalemoregon.net
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