Can you guess?
We sure do love historical statistics that prove how amazing an investment real estate can be.
It’s our sincerest belief that every family in America who otherwise saves for retirement should also consider owning a rental property….and the historical statistics sure do seem to support this belief.
Below is a link to the Portland median selling price back to 1960. Check out what happens reliably every decade for the last 56+ years. Also consider that at the end of every decade (just like some of our clients now), there were most likely those who believed prices had moved up so much in the last decade that they couldn’t possibly increase in the future.
Boy were they wrong!
Want to know how much YOUR home is worth? I’m simply an email or phone call away.