Okay, the time to move cities has come, and while New York is an absolute gem it’s too expensive, especially if you’re looking to settle and raise a family. Los Angeles is cool and all, but a) it’s too hot all year long, and b) unless you can afford it, it isn’t much of a family-friendly city.
So, you decide to skip the hustle and bustle of the megapolises and o with a smaller, but also friendlier option. Something in the likes of Oregon perhaps. You fire up Google, you go through the pros and cons of living in Portland, Oregon and all of a sudden it doesn’t look half bad.
Housing still isn’t tremendously expensive and the city isn’t overly populated. So, let’s go over five things we think you should look out for when house hunting in Oregon.
1. Be mindful of the mortgage rate.
While the home prices of almost all of the States are rising, mortgage rates are also expected to rise in the following years.
Rates of around 4.0% for fixed loans. It’s kind of boring information, but it’s important and kind of necessary to know.
2. Don’t forget to follow the local real estate market trends.
Buying a new home is a huge commitment for anyone. That’s why it’s important that when you decide to invest in a home to spend some time and follow local market trends.
Home prices around Portland are starting to slow down and new home buyers are finding some amazing deals snatching really good properties at some amazing prices. But enough with the technical stuff, let’s get to the fun part of house hunting.
3. Make sure you prioritize what’s truly important for you.
Wouldn’t it be perfect if you could buy the home of your dreams? Every little detail exactly the way you wanted it to be. The walls exactly the color you pictured in your head.
But hey, let’s get back to real life. Most of the times building the home of your dreams happens with time. Meaning, you get a house or an apartment that fits some of the criteria you’re looking for and you build on top of that.
Set a checklist with the top five things your home should have and look for that. Almost everything else can be done, added or changed at a later stage. And while on the topic of choosing carefully…
4. You can’t move your whole house in the future, so make sure you choose your neighborhood carefully.
Yup, you read that right. If you’re planning on raising a family and building a home probably the most important thing is to choose the right place to invest in a home.
Is it a good neighborhood with good connections, easy access to proper transportation and great schools at close proximity? If you’re looking for a family those are the things that you’ll have to look out for.
5. Don’t get hung up on the details.
Yup, that’s the most important thing. As we said, it’ll never be perfect, you’ll always need to make tweaks and fixes and everything in between.
The important thing is to find something that kind of works for you and later investing time and money to make it exactly the way you picture it.
Ready to get the home of your dreams? Let’s get it!