A Key Indicator of National Real Estate Investors’ Sentiment Shows Portland Plummeting

At Jan. 5 budget meeting for the city's Bureau of Development Services, economists advising the bureau on the outlook for new construction presented dismal news: Portland has gone from one of the most desirable locations in the country just four years ago to near the bottom of an 80-city ranking.

That ranking was compiled by the Urban Land Institute in a report titled "Emerging Trends in Real Estate 2021." It shows that a survey of more than 1,300 lenders, investors, developers and other national real estate experts found Portland the third-most desirable real estate market in the nation in 2017. For 2021, it now ranks 66th of 80 cities on the list (see graph below).

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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