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Verminius Rex

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Hey Look! Another Rare Update! [Mar. 30th, 2015|05:33 am]
Verminius Rex
We've been in Portland for almost 9 months. Last week we closed on a house, which is significant because the housing market out here is super crazy expensive. But buying is cheaper than renting, becasue the rental market is even worse than buying. So we found a decent size house for a reasonable price, it needs some work (was a rental since at least 2000, lived in but not maintained the best) so we are working on catchup maintenence. But there is hardwood under nasty carpets, the foundation is sound and the neighborhood is decent. We'll be spending some money putting on a new roof, getting the plumbing up to code and removing a hot tub with hut from the back deck, but the house appraised for $57k more than we paid, so bonus for instant equity.

The local zombie walk doesn't seem to work out for me due to the organzier not seeming to be interested in volunteers. I did get on an email list for a local nonprofit haunted house, we'll see if that reignites my passion for nonprofits. I have landed a job doing production sewing, we'll see if that works long term or not. At the very least it's a stopgap that brings in grocery money and has flexible hours so I can still shuttle the kids to school and back. 

[User Picture]From: rowyn
2015-03-30 03:16 pm (UTC)

Congrats on the house! I'm surprised it's cheaper than renting -- most of the cities I've looked at with crazy-expensive houses have had less crazy rental rates. (Y'know, still double what you'd pay in KC, but not 5-10 times).

Hope things are going well with you & the kids otherwise!

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[User Picture]From: verminiusrex
2015-03-30 03:44 pm (UTC)
We will be saving $500-700 a month owning over renting. The city has ant-sprawl legislation that keeps housing at a premium, plus it's a very popular place to move right now. On the good side, it means our house will be increasing in value for the foreseeable future. 15 years ago the house could have been purchased for under $100k, possibly under $50k, but you also wouldn't have wanted to live in the neighborhood back then either.
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