How a middle-income family was able to buy a house in Oregon
The Driscoll family, residing in Milwaukie, Oregon, has recently achieved the dream of homeownership after a six-year journey filled with challenges. As the housing crisis continues to affect middle-income households, the family found themselves struggling with the rising costs associated with purchasing a home. Their path to homeownership was complicated by the COVID-19 pandemic, which created uncertainty in the housing market. After Darren's career change led to a higher income, the couple decided to re-engage with the market, despite the obstacles of increasing interest rates. The key to their success was the assistance they received from the Portland Housing Center, a nonprofit organization that helped them save for a down payment through a matched savings program.
Deanna expressed their joy by stating, “Oh, it's so great. It's finally feeling like home,” highlighting the emotional significance of their new house. The Driscolls' story underscores the importance of community resources in helping families navigate the complex home-buying process. Ultimately, their experience serves as an inspiring example for other middle-income families facing similar hurdles.