A few years ago when someone would call my office from out of state looking for an investment purchase under $150,000 I had to tell them that there really wasn't any such thing in the Portland metro area.
Oh, how the times have changed.
As of this writing there are 232 single-family, detached homes currently available under $150,000 (35 of those being under $100,000). There are also and additional 843 single-family, detached homes currently available between $150,000 - $200,000.
I know that not everyone is able to take advantage of these investment opportunities because they don't feel secure enough in their current job or have lost some of their investing zeal with the drop in the Dow. But, if you are ready, willing and able to make the commitment to invest and hold for the long term you will be in a much better place years down the road when this recession has long been forgotten.
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