By Alyssa Isenstein Krueger, November 24, 2020
By Alyssa Isenstein Krueger, November 24, 2020
Nowhere in Portland proper on the east side is competition for what few decent homes are on the market fiercest then in N/NE Portland, and in particular Kenton, Overlook and Arbor Lodge and Concordia. Any decent home listed under $500k WILL get multiple offers. Going into the house hunting search, I warned my buyers Josie and Brandon of what to expect if they wanted to buy a house in those parts of town. First weekend we went out looking they found a house that was full of charm and had a great location. After seeing it, they went home, slept on it and decided to put in an offer. It was an a cute house but had an awkward layout, so they were only willing to offer so much. And unsurprisingly, they lost out on that house. And then a couple of weeks later another sweet vintage home in Concordia came on the market that checked most of the boxes. After we saw that one, they went home, slept on it and decided to put in an offer. And same story on this one- they were not willing to pay as high as it was going to go, so they lost out on that one.
We kept looking at houses and then a sweet vintage bungalow in the heart of Kenton came on the market. We went to check it out and the entire time we wandered around Josie kept repeating that this was their house, and they were willing to give it their all to get THIS house, and those other 2 houses were just practice houses. And because it was super cute, in great condition and in a stellar location- the ultimate trifecta- it received 7 offers. We put in an escalation clause and threw in some other carrots and thankfully the seller accepted Josie and Brandon’s offer! Transaction went smoothly and here they are- one month after having their offer accepted!