By Lydia Hallay, January 1, 2024
As we bid farewell to 2023 and embrace the opportunities that lie ahead, many are considering significant life changes. For some, this includes buying or selling a home. Whether you’re a prospective buyer or seller, setting New Year’s resolutions can help guide you toward a successful real estate journey in 2024. Here are three resolutions that can pave the way for your real estate dreams to become a reality.
Resolution 1: Define Your Dream Home Criteria
Embarking on a real estate journey without a clear vision of your dream home can be overwhelming. This year, make it a priority to define your criteria. Consider factors such as location, size, style, and amenities that matter most to you and your family.
Reflect on your lifestyle, future plans, and any specific needs or preferences. Are you looking for a midcentury ranch with space for entertaining? A charming bungalow with coffee shops nearby? By identifying your priorities, you’ll streamline your search, making the entire process more efficient and enjoyable.
Research neighborhoods, visit open houses, and explore different property types to gain insights into what resonates with you. As you refine your vision, you’ll be better equipped to communicate your preferences and narrow down options that align with your dream home.
Resolution 2: Set Clear Financial Goals and Budgets
Financial planning is a key aspect of any real estate endeavor. Whether you’re saving for a down payment, assessing your affordability, or planning for home improvement projects, setting clear financial goals should be a top priority.
Start by creating a realistic budget that considers not only the property’s purchase price but also additional costs such as closing fees, moving expenses, and potential renovation costs. If you’re selling, determine your ideal selling price and calculate potential profits or losses. Being financially prepared will not only streamline the process but also alleviate stress during the buying or selling journey.
If you’re not sure where to begin, talking with a financial planner and a lender is a great first step. I’m always happy to recommend resources. Don’t hesitate to send me a message.
Resolution 3: Connect with a Real Estate Agent
Having a knowledgeable and experienced professional by your side can make a world of difference. Make it a resolution to find and collaborate with a reputable broker who understands the local market intricacies, has a proven track record, and can guide you through the complexities of a transaction.
A skilled agent can help you navigate negotiations, provide valuable market insights, and ensure a smooth process from start to finish. Their expertise can be particularly beneficial for first-time buyers or sellers, making your real estate journey more efficient and less stressful.
Interested in chatting more? Whether virtually or over a cup of coffee/tea, I’d love to talk more about how I can best serve your needs as a buyer/seller.
Embarking on a real estate journey in the new year is an exciting opportunity for growth and change. By setting these three New Year’s resolutions—defining your dream home criteria, setting clear financial goals, and working with a professional real estate agent—you’ll position yourself for success in achieving your homeownership or selling goals in 2024.
Here’s to a year filled with exciting real estate opportunities and the fulfillment of your housing dreams!
Lydia Hallay
Broker | OR
She/They
Buying or selling a home is often one of the biggest (and most stressful) decisions you'll ever make. I'm here to make your experience as seamless (and fun) as possible.
Looking to buy? Whether you're a design-minded dreamer looking for that mid-century unicorn, an investor on the hunt for a fixer (or a 5-plex) to tear into, or a first-time buyer in need of a gentle guide - I'm a skilled negotiator with an eye for design and a knack for finding homes with "good bones." I'm on a mission to ensure you feel empowered and cared for throughout the home-buying process.
Ready to sell? If you want to maximize your sales price, you've come to the right place! With a background in landscape/interior design and construction/project management, I've got the tools it takes to make your house shine. When it comes to catching buyer attention, I go beyond the traditional (ex. open houses, RMLS, etc.)- incorporating cutting-edge tools and outside-the-box strategy to build the hype. When it's time to negotiate, my years of experience bargaining contracts mean I'm calm under pressure and know what it takes to get to YES.
Like many folks working in real estate, I've got a grab-bag of past lives that inform how I show up. Most of my 20's and 30's (17 years), I worked as a union organizer/negotiator on the state and national level- helping workers across sectors and industries join together and become leaders in the fight for better wages & benefits, a voice on the job, and political power. I've been an entrepreneur, a landscape designer, freelance florist, and have a deep well of personal experience with home renovation & property management under my belt.
Aside from working with buyers & sellers, I volunteer my time as the Integrity Chair on Living Room Realty's Broker Advisory Group. In that role, I serve as Living Room's broker representative for our B-Corp status.
A portion of every one of my paychecks goes to Taking Ownership PDX, a community collective of contractors, realtors, neighbors, and businesses who support Black homeowners to age in place, generate wealth, and deflect the gentrification process by deterring predatory investors and realtors.
About Me: I was born in Memphis, raised in the Sonoran desert (Phoenix), and have been in the PNW since 2003. I identify as queer, and use she/they pronouns. I'm married with sweeties (i.e., I practice ethical non-monogamy) and nest with my spouse, dog, and two cats in the Lents neighborhood of outer SE Portland. I'm a people person, music nerd, avid gardener, and seed-sower/organizer. Since coming to Portland in 2004, I've witnessed many iterations of the city. I'm bullish on the future here- and excited about all our region has to offer. Good food, proximity to nature, an incredible local music scene, and an inclusive community are just a handful of the reasons I love this area. As your realtor, I promise to show up as myself. I'll hustle hard on your behalf with patience, a good listening ear, professionalism, and a goofy sense of humor. What you see is what you get, friends. And if we decide to work together, that's the kind of authenticity I hope you feel comfortable showing too. Ready to make magic happen? Feel free to shoot me a text/email, or give me an old fashioned ring. I'm excited to meet you!
Land Acknowledgement & Mission Statement As a Realtor, the land I do business on is unceded Indigenous land. The Portland Metro area rests on the ancestral lands of the Cowlitz, Multnomah, Kathlamet, Clackamas, Tumwater, Tualatin Kalapuya, Wasco, Molalla, Watlala, Bands of the Chinook, and so many other nations who made this area their home. In addition to the federally recognized tribes mentioned, there are numerous “unrecognized” tribes and Indigenous groups whose stories are also important. I recognize these tribes' legacy, lives, and descendants, and acknowledge my role and responsibility as a guest on stolen lands. I am committed to using my voice and influence as a real estate professional (and, as a human being) to actively contribute to a more just and equitable future- one that promotes dignity, respect, and repair for the damaged caused by systemic oppression, white supremacy, homophobia/transphobia, and exploitative capitalism. If you can't get behind all that. We're probably not a good fit. :)
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About Me: I was born in Memphis, raised in the Sonoran desert (Phoenix), and have been in the PNW since 2003. I identify as queer, and use she/they pronouns. I'm married with sweeties (i.e., I practice ethical non-monogamy) and nest with my spouse, dog, and two cats in the Lents neighborhood of outer SE Portland. I'm a people person, music nerd, avid gardener, and seed-sower/organizer. Since coming to Portland in 2004, I've witnessed many iterations of the city. I'm bullish on the future here- and excited about all our region has to offer. Good food, proximity to nature, an incredible local music scene, and an inclusive community are just a handful of the reasons I love this area. As your realtor, I promise to show up as myself. I'll hustle hard on your behalf with patience, a good listening ear, professionalism, and a goofy sense of humor. What you see is what you get, friends. And if we decide to work together, that's the kind of authenticity I hope you feel comfortable showing too. Ready to make magic happen? Feel free to shoot me a text/email, or give me an old fashioned ring. I'm excited to meet you!
Land Acknowledgement & Mission Statement As a Realtor, the land I do business on is unceded Indigenous land. The Portland Metro area rests on the ancestral lands of the Cowlitz, Multnomah, Kathlamet, Clackamas, Tumwater, Tualatin Kalapuya, Wasco, Molalla, Watlala, Bands of the Chinook, and so many other nations who made this area their home. In addition to the federally recognized tribes mentioned, there are numerous “unrecognized” tribes and Indigenous groups whose stories are also important. I recognize these tribes' legacy, lives, and descendants, and acknowledge my role and responsibility as a guest on stolen lands. I am committed to using my voice and influence as a real estate professional (and, as a human being) to actively contribute to a more just and equitable future- one that promotes dignity, respect, and repair for the damaged caused by systemic oppression, white supremacy, homophobia/transphobia, and exploitative capitalism. If you can't get behind all that. We're probably not a good fit. :)
- T: 503-807-0156
- lydiah@livingroomre.com
