By Leanne Bach, February 12, 2021
The Portland real estate market is currently seeing a record-low inventory. The supply of homes on the market significantly dropped in December of last year, and it’s predicted that the number won’t change. So here are a few things to know before you start your home search…
1. First and foremost, work with a realtor who has your best interests at heart! Now is the time that you’ll really need the guidance and support of a real estate professional. If you think about it, the fewer homes available, the more competitive it is as a home buyer. Pick a realtor who’s going to really stick out for you and fight for the home you want!
2. Get ahead of the game with a pre-approval—If you are planning to finance your purchase through a mortgage loan, get pre-approved before you start searching for a home! If a seller receives an offer from an unapproved buyer and another offer from a pre-approved buyer, whom do you think they’ll opt for?
3. Get your bags packed and be ready to move as soon as you send in an offer. I wish I was joking but due to the limited inventory and rapid pace homes are selling, I’d recommend that you start packing up and preparing NOW instead of LATER.
4. Don’t give up. Your dream home is waiting for you, it’s just a matter of time. When our market experiences a supply and demand issue, it can be easy to get disheartened after sending in multiple offers on a home. This is another reason why having an expert realtor by your side will be a huge advantage!
Happy and safe house-hunting my friends. For all of your real estate needs or questions, don’t hesitate to reach out! I’m always happy to help.
Leanne Bach
Principal Broker | OR & WA
She/Her
Leanne has experienced the real estate boom on the frontline. Her integrity and persistence have helped clients navigate the outcomes of the 2008 financial crisis, as well as coached and guided buyers and sellers through a competitive, fast-paced market of today. Licensed since 2003, Leanne’s drive and skills of being a natural connector, put her at the top of her field. She finds great joy in establishing a client’s needs and uniting them with a solution. She sees challenge as an opportunity and proactively wins trust while still getting things done. Real estate involves a network beyond the client. Leanne connects with the community through volunteer efforts. She has built a solid network of contractors, lenders, caterers, bankers, and accountants, as well as caregivers, artists, and organizers. Her goal is to connect a buyer’s vision of home to reality and connects a seller’s financial goals to the best possible outcomes. This is the fuel that motivates Leanne in her career. She believes strongly in creating harmony between work and life and it shows by what her clients say about her. She feels lucky every day to be able to call this her job and feels fortunate to have clients that are multi-generational, helping parents of clients and children of clients through all the stages of life. The relationships she’s built are truly rewarding.
“Strive not to be a success, but rather to be of value.” -Albert Einstein
Read More
- T: 503-349-7890
- leannebach@gmail.com
