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Portland Real Estate- An Overview
Real Estate In Portland can be broken down into 3 general categories:
1. Retail Real Estate
2. Distressed Real Estate
3. Commercial Real Estate
Retail Real Estate
Any piece of real estate listed for sale in Portland at “fair market value” is generally considered to be “retail real estate”. I like to look at retail listings last when I’m showing homes. I say that because the list of foreclosed and bank owned homes in Portland is free and full of great investment opportunities.
Retail Real Estate Can Be:
I would also like to point out that some Real Estate in Portland is marked down to compete with Distressed Real Estate in a down market. This is considered Retail Real Estate due to the fact that the property isn’t distressed in any way. The Seller can simply just be motivated to sell. This is why I say look at ALL real estate for sale. I don’t feel you should limit your search to just one category. I believe having an idea of the market and it’s conditions is paramount for making an educated and well informed decision on any Real Estate that you buy.
Distressed Real Estate in Portland
I like to begin ANY property search with distressed properties. You just never know what’s out there. Especially in a down market. Distressed Real Estate can be found in nearly every neighborhood and pretty much any price range. The Portland Real Estate market can be flooded with distressed properties no matter what kind of market it is.
Distressed Real Estate Can Be:
Buying Distressed Real Estate in Portland can bring steep discounts. There are things to watch out for though. I would advise finding a Portland Realtor with experience in Distressed Real Estate. Ask your family, friends, or colleagues for a referral. If you need help, just email me and I can help you find a Realtor that can meet your needs.
Commercial Real Estate in Portland
Commercial Real Estate can be anything related to non residential real estate. This includes: Buying, Selling, and Leasing Commercial Real Estate.
Commercial Real Estate Can Be:
We can help you find Commercial Real Estate in Portland by using our referral network with local and licensed Commercial Brokers. Don’t forget that there are Commercial Foreclosures and Commercial Bank Owned Properties too.
Portland-area Real Estate Resources
PortlandHomeAuction.com
RMSL
PortlandMaps.com
PortlandOnline.com
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