This year we’ve seen several major trends rock the real estate market here in Portland, and for the next week we’ll be looking back at the big real estate trends and concepts that have made 2011 a great year for the McDonald Group Portland Real Estate experts. First up, the trend of compact housing that is taking over Portland’s new construction in a big way.
The era of the McMansion, bigger-is-better real estate is over. Baby boomers are downsizing from large homes, and first time homebuyers are looking for affordable and modern homes that have a small impact on the environment. Modern urban planning, especially in Portland and the Pacific Northwest, focuses more on converting small plots into biker-friendly, community-based homes and condos that are attractive, affordable, and filled with all the modern conveniences of a large home.
Here in Portland, the average size of families is smaller than elsewhere in America, which means the real estate market is flush with two and three bedroom homes in fantastic neighborhoods. Portland homebuyers are not as interested in sprawling estates as they are in walkable communities with easy access to shopping, dining, and entertainment. Check out our Portland Neighborhood Guides to find out which walkable, vibrant neighborhood is perfect for your tastes.
If you’re interested in small-scale homes and condos that fit into your urban lifestyle in Portland or surrounding cities, contact the McDonald Group Real Estate agents today. We’ve got the inside scoop on bike-friendly communities, affordable new construction, and micro-homes in Portland. Life a large life in a smaller home in the new year!
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