When it comes to single-family homes, Oregon is a prime destination for real estate investors. And rightfully so, the state is home to several vibrant cities.
Oregon is also home to breathtaking mountains, refreshing rivers, and some of the world’s most beautiful parks. All these features drive thousands of potential renters and single-family home buyers to the Beaver State every year.
Currently, Oregon’s growth rate ranks in the top 10 in the nation. With the annual rate of growth approaching 1.3%, the population is expected to reach 4.6 million in 2025. It’s worth noting that the national population growth is 0.7%.
Oregon also enjoys a strong and stable economy. The coastal state is home to technology giants in the Silicon Forest. Other key industries in Oregon include green technology, outdoor gear & apparel, food & beverages, forestry & wood products, business services, and manufacturing.
These factors along with numerous leisure opportunities, great educational facilities, and quality healthcare all contribute to making Oregon a smart call for people looking to invest in the state’s real estate sector.