Pacific County gets good value from property taxes
LONG BEACH — Residents in Pacific County get the seventh best bang for their property tax bucks among Washington state’s counties, according to SmartAsset, a financial technology company.
On balance, Pacific County has good schools and a low crime rate in relation to the amount of property taxes paid to provide educational and policing services, the company said.
Company ranks Clatsop best place in Oregon to buy a home
ASTORIA — Based on average rents and home prices, the financial technology company SmartAsset in April ranked Clatsop County the best place in Oregon to own a home.
According to Smart Asset, it “compared the total costs of buying and renting a typical home or rental in each county, for a household earning $100,000 a year. For the “buy” scenario, we made the following assumptions: a mortgage rate of 4.5 percent, closing costs of $2,000, and a down payment of 20 percent. For each county, we found the break-even point in the buy vs. rent decision — the point at which the total costs of renting become greater than the total costs of buying.”
Based on these assumptions and Smart Asset’s estimates, buying is a better financial option than renting after just two years. Hood River County makes is the worst case for buying instead of renting, taking 4.3 years to break even.
‘Beachfront Bargain Hunt’ back on Peninsula
OCEAN PARK — The cable television channel HGTV was back on the Long Beach Peninsula this spring for another segment of its program “Beachfront Bargain Hunt.”
“Purchasing a beachfront property doesn’t always mean buyers have to break the bank,” the network said. “This series documents the journeys of families who are dreaming of living in a sandy locale with palm trees and warm ocean breezes, but those dreams are accompanied by a firm budget. And by budget we mean substantially short of a million dollars. The house hunters tour three to four waterfront properties — each with surprisingly affordable price tags — before choosing the one that turns the beach lifestyle dreams into reality.”
As she has on two other occasions, Lighthouse Realty’s Char Wolters led program participants through one local dream home.