Become Area Smart.
Frequently Asked Questions
How do I research the other areas where I might like
Is there a benefit to waiting six months or longer to move?
Three factors converging now say it makes sense to move sooner than later. First, the recent home sales data clearly shows the SoCal real estate market has not only peaked, it is softening. Secondly, mortgage interest rates are on the rise. And lastly, real estate prices in other markets, like Reno, are still on the rise and will continue to rise because, unlike California, real estate market prices elsewhere are based on a shortage of homes due to the number of people moving into Reno and other markets like Reno in Texas, Oregon and Arizona. Zillow predicts home prices in the Reno MSA will rise 8.3% over the next year. Selling now, before the SoCal market softens further, interest rates rise and home prices in other markets rise, just makes sense.
Does it make sense to leave California and then rent, rather than buy, in another market?
It may. You can use this “Rent vs. Buy” calculator from smartasset.com to determine the cost differences in any US location. However, cost isn’t the only thing to consider. Moving to another state is a huge transition. Many people choose to rent before they buy to get a good idea of what life is like in that market. Transitioning from renting to owning makes sense after you determine you want to stay in that market.
Can you still help me if I currently don't own a home in California but want to move out of state?
Absolutely. We have real estate agents we can highly recommend in markets like Reno, Dallas / Fort Worth and many others. And you will find many resources on this site to help you research other markets.
How much does it cost to move out of California?
Average Cost of Moving Cross Country is $4,125. The price you pay depends on:size and number of trucks.total weight (avg. of 7,500 pounds for a 3 bedroom house).services you request (packing, unloading).whether you choose a full service company, truck rental or shipping container.1
108 Pacifica, Suite 300, Irvine, CA 92618 | (949) 988-3000 | Lic# 01008773
©2020 First Team Real Estate – All Rights Reserved