Photos, Satellite Pictures or Area Images
Portland is passing through a growing moment in foreclosure market. Nowadays, we have 104 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Portland started September with 53 foreclosures available. October registered a rise to 56 homes, or 5.66%. The city had a down in November: 0.00%, leaving 56 properties in the market. Things got better in December with a increase to 73 homes in foreclosure available (30.36%). Opportunities kept abundant for buyers last month, with another rise, when Portland registered 96 foreclosures, a 31.51% increase comparing to December.
As for the cost, Portland has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Portland for $143,582, a value 15.92% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.