Gresham, OR

Real estate in Gresham, Oregon is a hot commodity. The city has seen an influx of people and businesses in recent years, which has led to an increase in the demand for housing and commercial space. There are a number of factors that have contributed to this trend, including the growth of the tech industry in the area and the increasing popularity of Portland as a destination for both business and leisure travelers.

One of the primary reasons real estate prices have increased so much in Gresham is because of its proximity to Portland. The city is only about 20 minutes away by car, making it easy for residents and businesses to access all that the larger city has to offer. Additionally, Gresham is situated on several major transportation corridors, making it easy for people to get around town.

Despite these positive factors, there are some challenges facing real estate in Gresham. One issue is that there isn't enough available housing stock for everyone who wants it. This problem has been exacerbated by the fact that many new residents are choosing to live in apartments rather than purchase homes outright. Another issue is that wages haven't kept pace with inflation over the past few years, which has made buying a home more expensive than it was previously. However, overall real estate prices continue to rise due to strong demand from buyers and limited supply on available properties.