{"id":808,"date":"2020-12-02T04:53:07","date_gmt":"2020-12-02T04:53:07","guid":{"rendered":"https:\/\/theportlandneighborhoodguide.com\/?p=808"},"modified":"2020-12-02T04:58:25","modified_gmt":"2020-12-02T04:58:25","slug":"what-you-need-to-know-about-moving-from-the-san-francisco-bay-area-to-portland","status":"publish","type":"post","link":"https:\/\/theportlandneighborhoodguide.com\/what-you-need-to-know-about-moving-from-the-san-francisco-bay-area-to-portland\/","title":{"rendered":"What You Need to Know About Moving from the San Francisco Bay Area to Portland"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">People are leaving the San Francisco Bay Area because they simply cannot afford to live there anymore. Even people with incredibly well paying jobs in the tech industry, for example, are struggling to find an affordable place to live that makes sense. And with changing needs due to COVID-19, many would-be San Francisco residents are looking elsewhere. Suddenly, the thought of moving becomes more feasible due to so many more tech jobs (which is why many people live in San Francisco in the first place) moving to remote work.\u00a0<\/span><\/p>\n<p><strong>Portland is the most affordable West Coast city, and the money you\u2019d need to spend to buy a decent home in San Francisco goes so much further in Portland.\u00a0<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">At the end of September 2020, Portland\u2019s median home price was at\u00a0 $451,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the Bay Area, here are the recent median price points:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">San Francisco &#8211; $1.6 million in September 2020<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Berkeley &#8211; $1.4 million in September 2020\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">San Jose &#8211; $1.2 million in September 2020\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Oakland &#8211; $1 million Q3 2020\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For a little more context, the median price point in September 2020 for a 2-bedroom in condo in San Francisco is $1.35 million. For a studio, the median was at $850,000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I see a lot of people buying in Portland who are not only feeling priced out of their cities (especially Seattle), but intimidated by the fact that they would need to get a jumbo loan to afford a house. Jumbo loans are more common in San Francisco and people aren\u2019t typically as intimidated by them, but it\u2019s still something to consider.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Portland\u2019s conforming loan number is $510,400. So anything listed above that means you need to have cash in hand (or do a jumbo loan).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Alameda County (which includes Oakland and Berkeley), the conforming loan limit is $765,000. And for the County of San Francisco (which is where San Francisco is located), the conforming loan limit is also $765,000.\u00a0<\/span><\/p>\n<hr \/>\n<p>Portland is divided into 5 quadrants (I know, it doesn&#8217;t make sense&#8230;). In this post, I&#8217;m going to show you a home that is representative of each of the 5 quadrants. All of these are single-family homes that sold quickly and they&#8217;re all rad!<\/p>\n<h2><strong>North Portland<\/strong><span style=\"font-weight: 400;\"><strong> &#8211; Boise Neighborhood<\/strong><\/span><\/h2>\n<p><a href=\"https:\/\/www.redfin.com\/OR\/Portland\/3607-N-Kerby-Ave-97227\/home\/26400694\"><span style=\"text-decoration: underline;\"><strong>Boise Neighborhood Home &#8211; Sold for $1,050,000<\/strong><\/span><\/a><\/p>\n<div id=\"attachment_809\" style=\"width: 675px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.redfin.com\/OR\/Portland\/3607-N-Kerby-Ave-97227\/home\/26400694\"><img aria-describedby=\"caption-attachment-809\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-809\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_North-Portland.jpg\" alt=\"\" width=\"665\" height=\"441\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_North-Portland.jpg 665w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_North-Portland-300x199.jpg 300w\" sizes=\"(max-width: 665px) 100vw, 665px\" \/><\/a><p id=\"caption-attachment-809\" class=\"wp-caption-text\">Listed by Bought with Kirt Dye \u2022 John L. Scott<\/p><\/div>\n<hr \/>\n<h2><strong>Northeast Quadrant<\/strong><\/h2>\n<p><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/4826-NE-Alameda-St_Portland_OR_97213_M27515-54605\"><strong><span style=\"text-decoration: underline;\">Alameda Neighborhood Home &#8211; Sold for<\/span> $1,370,000<\/strong><\/a><\/p>\n<div id=\"attachment_810\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/4826-NE-Alameda-St_Portland_OR_97213_M27515-54605\"><img aria-describedby=\"caption-attachment-810\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-810\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_NortheastQuadrant.jpg\" alt=\"\" width=\"800\" height=\"533\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_NortheastQuadrant.jpg 1020w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_NortheastQuadrant-300x200.jpg 300w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_NortheastQuadrant-768x512.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-810\" class=\"wp-caption-text\">Listed by Theresa deSousa with Jma Properties Llc<\/p><\/div>\n<p><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/2215-NE-Alameda-St_Portland_OR_97212_M29008-53863\"><strong>Sabin Neighborhood Home &#8211; Sold for $899,500<\/strong><\/a><\/p>\n<div id=\"attachment_846\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/2215-NE-Alameda-St_Portland_OR_97212_M29008-53863\"><img aria-describedby=\"caption-attachment-846\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-846\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/478f44f03ef95077df5d3e3055810267l-m3031871838xd-w1020_h770_q80.jpg\" alt=\"\" width=\"600\" height=\"399\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/478f44f03ef95077df5d3e3055810267l-m3031871838xd-w1020_h770_q80.jpg 1020w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/478f44f03ef95077df5d3e3055810267l-m3031871838xd-w1020_h770_q80-300x200.jpg 300w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/478f44f03ef95077df5d3e3055810267l-m3031871838xd-w1020_h770_q80-768x511.jpg 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><p id=\"caption-attachment-846\" class=\"wp-caption-text\">Listed by Jeff Capen with Keller Williams-PDX Central<\/p><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<h2><strong>Southeast Quadrant<\/strong><\/h2>\n<p><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/2433-SE-Ladd-Ave_Portland_OR_97214_M13249-49761\"><strong><span style=\"text-decoration: underline;\">Ladd&#8217;s Addition Neighborhood Home &#8211; Sold for<\/span> $1,217,500<\/strong><\/a><\/p>\n<div id=\"attachment_811\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/2433-SE-Ladd-Ave_Portland_OR_97214_M13249-49761\"><img aria-describedby=\"caption-attachment-811\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-811\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SoutheastQuadrant.jpg\" alt=\"\" width=\"800\" height=\"533\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SoutheastQuadrant.jpg 1020w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SoutheastQuadrant-300x200.jpg 300w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SoutheastQuadrant-768x511.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-811\" class=\"wp-caption-text\">Listed by Shellee McCullick with Keller Williams Realty Profes.<\/p><\/div>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/7415-SE-31st-Ave_Portland_OR_97202_M18183-91438\">Eastmorland Neighborhood Home &#8211; Sold for $855,500<\/a><\/strong><\/p>\n<div id=\"attachment_845\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-845\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-845\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/6fa35747324c026374dff3bd5e99b744l-m2382721399xd-w1020_h770_q80.jpg\" alt=\"\" width=\"640\" height=\"480\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/6fa35747324c026374dff3bd5e99b744l-m2382721399xd-w1020_h770_q80.jpg 640w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/12\/6fa35747324c026374dff3bd5e99b744l-m2382721399xd-w1020_h770_q80-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><p id=\"caption-attachment-845\" class=\"wp-caption-text\">Listed by Joan Rogers with Windermere Realty Trust<\/p><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<h2><strong>Northwest Quadrant &#8211; Bonny Slope Neighborhood<\/strong><\/h2>\n<p><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/11535-NW-McDaniel-Rd_Portland_OR_97229_M24232-75067\"><span style=\"text-decoration: underline;\"><strong>Bonny Slope Neighborhood Home &#8211; Sold for $1,355,000<\/strong><\/span><\/a><\/p>\n<div id=\"attachment_812\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/11535-NW-McDaniel-Rd_Portland_OR_97229_M24232-75067\"><img aria-describedby=\"caption-attachment-812\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-812\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/84b234e14de767812d157703b5d3df5fl-m4207757879xd-w1020_h770_q80.jpg\" alt=\"\" width=\"800\" height=\"600\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/84b234e14de767812d157703b5d3df5fl-m4207757879xd-w1020_h770_q80.jpg 1020w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/84b234e14de767812d157703b5d3df5fl-m4207757879xd-w1020_h770_q80-300x225.jpg 300w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/84b234e14de767812d157703b5d3df5fl-m4207757879xd-w1020_h770_q80-768x576.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-812\" class=\"wp-caption-text\">Listed by Marilyn Brown Whitaker with Where, Inc<\/p><\/div>\n<hr \/>\n<h2><strong>Southwest Quadrant &#8211; Bridlemile Neighborhood<\/strong><\/h2>\n<p><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/4250-SW-Dosch-Rd_Portland_OR_97239_M29222-40662#photo0\"><span style=\"text-decoration: underline;\"><strong>Bridlemile Neighborhood Home &#8211; Sold for $1,395,000<\/strong><\/span><\/a><\/p>\n<div id=\"attachment_813\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/4250-SW-Dosch-Rd_Portland_OR_97239_M29222-40662#photo0\"><img aria-describedby=\"caption-attachment-813\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-813\" src=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SouthwestQuadrant.jpg\" alt=\"\" width=\"800\" height=\"533\" srcset=\"https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SouthwestQuadrant.jpg 1020w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SouthwestQuadrant-300x200.jpg 300w, https:\/\/theportlandneighborhoodguide.com\/wp-content\/uploads\/2020\/10\/What-You-Need-to-Know-About-Moving-from-the-San-Francisco-Bay-Area-to-Portland_SouthwestQuadrant-768x512.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-813\" class=\"wp-caption-text\">Listed by Betsy Rickles with Windermere Realty Trust<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>People are leaving the San Francisco Bay Area because they simply cannot afford to live there anymore. Even people with incredibly well paying jobs in the tech industry, for example, are struggling to find an affordable place to live that makes sense. And with changing needs due to COVID-19, many would-be San Francisco residents are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11,10],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/808"}],"collection":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/comments?post=808"}],"version-history":[{"count":3,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/808\/revisions"}],"predecessor-version":[{"id":851,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/808\/revisions\/851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/media\/847"}],"wp:attachment":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/media?parent=808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/categories?post=808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/tags?post=808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}