There's something for everyone when it comes to Rent to Own in Oregon. For buyers in highly competitive urban metros like Portland, lease option agreements offer aspiring homeowners the opportunity to take advantage of current housing stock and pricing while they pull together what they need to secure a mortgage. Away from major cities, Rent to Own allows homeowners in less expensive and competitive metros the chance to escape the rental cycle and establish themselves. And, for buyers who are looking to lock down a second home in the mountains for vacationing or retirement, Rent to Own is great for getting a running start on the purchase.
Green, Green, and More GreenOregon is home to immense natural beauty, and with it a cultural commitment to keeping things green. Strides forward in green technology, as well as preserving a healthy lifestyle, have made the Beaver State famous as a hotbed of forward-thinking environmentalism and innovation. Oregon is covered in state parks along the Cascade Range and into the heart of the state. Central to Oregonian identity is a sense of local culture that fosters artists, musicians, and creatives alike. Major industries in the state include tech, forestry, timber, paper products, coal mining, farming, and electronics. Major cities like Portland and Eugene are strongholds of local business, from the arts to restaurants and farming culture. Population growth averages at about 1.07 percent annually. Job growth in Oregon continues at 2.8 percent and unemployment sits at 5.8 percent. For average income, the median household income is $40,916 and the median family income is $48,680 annually.
Mount Hood, Portland, OR Via Trek EarthThe Trail Home Ends Here
Home prices in Oregon are slightly above the national average as of early May 2015, where the average home value in Oregon was $243,300. This comes in large part to the cultural renaissance drawing people into metro areas like Portland and Eugene, as well as the draw more idyllic rural areas such as Bend have for wealthy retirees and the entrepreneurial set. Some of the most popular metro areas in Oregon are Portland, Eugene, Salem, Gresham, and Hillsboro.
Primary and secondary School rankings are mostly average throughout the state, with the best schools concentrated near Portland. Oregon has notable universities that include the University of Oregon, Oregon State University, Portland State University, Oregon Health and Science University, and Reed College.
Oregon is by and large one of the safer states in the country, with an annual violent crime rate affecting 2.54 persons per 1000 (compared to the national rate of 3.8 per 1000). According to Neighborhood Scout, property crime is even with the national average at 27.3 per 1,000 residents.
Culture and Entertainment
Oregon offers many great points of interest including Crater Lake National Park, Mount Hood, The Grotto, Evergreen Air and Space Museum, and Sea Lion Caves. Nature is very much a part of local culture, so Oregon makes great efforts to “go green” and invest in technology and infrastructure that supports clean energy, low carbon output, and environmentalism. Oregonians revolutionized the concept of buying local and choosing organic goods, and this cultural imprint can be found everywhere along the Pacific coast of the state. Cycling has become more mainstream with the many bike paths cities like Portland have installed to promote activity and good health. The local craft brewing scene has also exploded in recent years, delivering multiple tastes for beer lovers everywhere.