Crankin has very good advice.

You do need to consider ease of re-sale. Another thing to consider is intrinsic value e.g. does it have a view? a location to die for?

Have any idea when the logging truck will stop using the road by your current house? I'm sure it's a temporary thing 6 month, a year? Things do change especially with construction traffic and logging traffic. Once they finish the "clear cutting" up the canyon, they will move on.

Fixing the place up to what you want may not happen for many reason. Sometimes, its the cost of remodel, sometimes you realize the inconvenience such as complete remodel of kitchen or bathroom.

Yes interest rate is at an all time low and the house price is nearly bottomed out for now. No one has a crystal ball to say where it will be in six month. But I don't think I would rush into it.

I must have looked for about 6 month before I bought my current house. Searched on line and looked at hundreds of houses and the MLS listings. My previous house, which I still own, I also spent looking at hundreds of houses and visiting over 50 houses. Yes I'm that picky. Both houses have what I consider intrinsic value. Incredible view, close to shopping, easy access and my So Cal beach house has two car garage, somewhat of rarity in the area and increases the premium. I get mail from brokers and real estate agent asking me to sell the house.

So I would not rush yet. You really want to fall in love with the house and it has to have intrinsic value!! LOCATION LOCATION AND LOCATION is so very important.

Take a deep breath and start hitting the internet and search for houses.