If you need assistance, please call 503-828-9551

Renting Loss | Rick Talks, Portland Metro Area Real Estate Expert Blog

Monday, November 11, 2019   /   by Rick Sadle

Home Ownership

Let’s face it. For we millennials, social security for retirement is an unlikely scenario. A recent article in USA Today said that, in order to retire at sixty-five, millennials would need to save half of their paycheck. Half. Who can live on half a pay check? I know I can’t.

With rent on the rise and with rental properties becoming more and more scarce as Portland experiences the constant population boom, there have to be other options. Throwing away $1500, $2000, and even more every month is only perpetuating the problem we millennials face with retirement. In many cases, it is less money to actually buy a home than it is to rent one. Plus, who wants all the limitations that come with renting property?

Purchasing is a smart choice in Portland, Oregon for many reasons. For one, housing costs are on the rise. While this may make the initial investment a little hard to come by, it also means that when you go to sell the home, you should be able to turn a tidy profit, . ...

  oregon, portland, home ownership, purchasing, housing costs, property as an investment, renting loss, money investment

Sadle Home Selling Team | Keller Williams Realty Professionals
Rick Sadle, Ceo
9755 SW Barnes Rd. #560
Portland, OR 97225
503-828-9551
Licensed Principal Broker in OR, Licensed Broker in WA
Ph/Text/Fax 503-828-9551

Each office is independently owned and operated, Main Office: 503-546-9955.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than Rick Sadle - Keller Williams Realty Professionals are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 12/11/2024 2:12 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2021 NWMLS. Based on information submitted to the MLS GRID as of December 11, 2024 2 PM
Properties with the NWMLS icon are courtesy of Northwest MLS.
This site powered by CINC: www.cincpro.com