I’m an almost 30 y/o single guy, working in Hillsboro, OR area. For the past 2 years I’ve lived in my parents basement for free, which is basically its own little apartment with a separate entrance. I’ve saved about 175k with no debt, and make about 65k a year. I’m currently commuting to my job which is 45min away. I hate driving/traffic, which is part of why I want to move out closer to work. Also it might be good to be more independent. House prices are obviously high, especially in this area where there’s very high demand. This makes me question whether buying is really a good idea, when I can keep staying here for free. I’m also having trouble navigating the different types of houses, which ones I should rule out, and what things I need to consider that I wouldn’t think to consider.
I don’t really have any immediate needs for this money, I’ve been saving with the idea of a house in mind. I just don’t know, I’ve never bought before. Any advice appreciated, thank you.