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Hillsboro Oregon
Hillsboro is located in the Tualatin Valley. The city was named after David Hill. Its geography is fairly flat, consistent with an agricultural past and the farms still in operation. Many high-tech companies operate in Hillsboro, making it the center of Oregon's Silicon Forest. Hillsboro's geography is fairly flat, that has an agricultural past and farms which are still in operation.
Hillsboro Real Estate
The Hillsboro real estate market is growing rapidly. New homes are being built in Hillsboro at a staggering
pace. Much of this Hillsboro real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Hillsboro and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Hillsboro has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Hillsboro homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Hillsboro's real estate market remain sound
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