Your Step‑by‑Step Guide to Buying a New Home in Oregon

What to Know When Buying a House in Oregon

Buying a new home in Oregon is an exciting milestone—and one that comes with unique opportunities. From Portland’s vibrant neighborhoods to the scenic communities of Eugene, Salem, and Bend, Oregon offers a wide range of options for first‑time buyers and growing families alike. But with so many choices, plus the added complexity of financing, construction timelines, and builder selection, the process can feel overwhelming.

That’s why we created this guide. Here, you’ll find a clear, step‑by‑step overview of how to buy a new construction home in Oregon, including tips on budgeting, exploring state programs, choosing the right location, and working with a trusted builder like Holt Homes. Whether you’re looking for a modern home near the city or a quiet community surrounded by nature, this resource will help you make confident, informed decisions on your path to homeownership.

If you’re thinking about joining the many others who have purchased new homes in Oregon, there are a few things you need to know. First, the market is competitive, so it’s important to be prepared. Second, there are a variety of Oregon new home communities to choose from, so you’ll need to do your research to find the right one for you.

Step‑by‑Step Guide to Buying a New Home in Oregon

1. Assess your budget & credit score.

The first step to buying a new home is to figure out how much you can afford. This will help you narrow down your search and focus on properties that are within your price range.

As for the down payment, the traditionally recommended amount is 20% of the purchase price. Some programs offer assistance, however, for those who cannot afford to put down that much. You can learn more about them on Oregon State’s official website.

2. Get pre-approved for a mortgage.

Once you know how much you can afford, it’s time to get pre-approved for a mortgage. This will show sellers that you’re serious about buying and that you have the financial means to do so.

When evaluating lenders, look into programs that you may qualify for, including first-time homeowner plans or government-funded loans that may be an option. Oregon Housing and Community Services has a tool to help you find a lender.

3. Find a real estate agent.

A good real estate agent can be invaluable when buying a new home. They will find homes that meet your needs and budget, negotiate on your behalf, and guide you through the rest of the process all the way to closing.

4. Start your search.

Once you have a real estate agent, you can start your search from among the many new homes for sale in Oregon. Your agent will help you find properties that meet your criteria and then schedule showings to tour them.

5. Make an offer.

If you find a home that you love, it’s time to make an offer. Your agent will help you write an offer that is fair and competitive.

6. Negotiate.

The seller may not accept your first offer. That’s okay! Your agent will help you negotiate with the seller until you reach an agreement.

7. Finalize the agreement.

After an initial agreement has been reached, you must schedule an inspection and appraisal. These must happen before closing because their results could prompt the need for further negotiations. Of course, if you’re buying a new build, there shouldn’t be any issues with the property, so there will be no need to renegotiate.

8. Close on the home.

Once you’ve finalized the terms of the sale, it’s time to close on the home. This is when you’ll sign all the paperwork and officially become a homeowner.

9. Move in and enjoy your new home!

After all your hard work, it’s time to move in and enjoy your new home. Congratulations! Make sure to reap all the benefits that living in Oregon has to offer.

Turn to Holt Homes When You’re Ready to Explore New Homes in Oregon

Holt Homes has built new homes for families in Oregon and Washington for over three decades. We’re proud to work hand-in-hand with our surrounding communities, which has helped us become the largest locally-grown homebuilder in the region. When you’re ready to find your dream home in your dream community, reach out!