Hey there, Portland homeowners! Are you ready to move up to a bigger and better home? Then you’re in the right place! Selling your first home can be intimidating, but don’t worry. We’ve got you covered!
With low inventory and high demand in Portland’s housing market, now could be the perfect time to sell your current home and move up to a more spacious, comfortable home. We know that making any move can be a little nerve-wracking. That’s why it’s important to work with a real estate agent who understands your needs and can guide you through the process. So, what are some of the things you need to consider when going to a “move up” home in Portland?
First, you need to understand the current state of Portland’s housing market. In recent years, the market has been experiencing low inventory and high demand, which has resulted in rising home prices. That has slowed down with recent interest rate hikes, but the market is still competitive and prices are trending upwards. This can be a great opportunity for homeowners who are looking to sell their first home. By selling in a seller’s market, you may be able to get a higher price for your current home, which can help you afford a more expensive “move up” home.
Second, you’ll need to decide if staying in Portland is the right move. The city has many wonderful things to offer like the best food carts in the country, stunning parks and trails, and proximity to amazing outdoor attractions like Mt. Hood and The Coast. Even still, we acknowledge that Portland isn’t right for everyone. If you do want to move out of the city, or out of the state, do a deep dive on the places you are considering to see what will best suit your lifestyle. If you need a connection out of state, we are happy to connect you with someone that can educate you on neighborhoods and current market trends.
Lastly, you’ll need to think about what you want in your next home. We suggest making a list of the things you love about your home, and the things that you want to change. Then we will use that list as a baseline to find your next home. You want to dig a little deeper than the first time around with this list. Think about neighborhood amenities and any expected lifestyle changes when coming up with your wants list.
If you’re ready to take the next step and start exploring your options, we’re here to help. Visit HERE for an instant home valuation to see if moving might be worth it for you. You can also contact us for a free consultation if you’d like a more accurate representation, you can find our Calendar HERE. If you still aren’t sure, give us a call and we’ll be happy to answer any questions you may have.
Don’t wait to make your move. Let us help you sell so you can find the perfect “move up” home.