The Pearl District is Priced to Move
Posted by Stuart Stevens on
Ask a Portlander where the easy urban life is and they’ll point you to The Pearl: flat, walkable blocks stitched with parks, cafés, galleries, some of Portland's most popular shops and the Streetcar. Ask a real estate broker like me where buyers have leverage right now and you’ll hear the same answer: The Pearl. That’s the paradox. Portland’s most lifestyle-rich neighborhood is also carrying the deepest inventory, and that imbalance quietly shifts power from seller to buyer.
Why Buyers Have Leverage
The Pearl has the highest concentration of condos in the city, many of them built after 2006. More doors mean more choices, which translates into more negotiating room for buyers. Buyers will still pay premiums for the highest floors with views in the…
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