Oregon Coast

[Rick Abelson]

I am looking to buy some land on the Oregon Coast for retirement. Is it easy to find raw land and build myslef - or am I too late?

[Robert Wasser]

PNW seems right on the money here. I'm a broker in Washington but I visit the Oregon Coast frequently. You definitely pay a premium for coastal land, but there is still plenty to choose from. If you're attempting to purchase land, then there's no reason you shouldn't use a feasibility addendum, and with a slow market you shouldn't have trouble getting a seller to agree to that. In addition, there is probably a fair amount of people who own land as investment property or for future use, and the current stall in the market means some of them are likely trying to liquidate their assets... so with enough patience and tax record searching, you may be able to get an owner to come down significantly in price.