By Mel Marzahl, February 8, 2021
By Mel Marzahl, February 8, 2021
Over the past few months our client, Alan, has been searching for the perfect condo to call home. He is relocating to the area to be closer to his family. Alan is a unique buyer, because having been an appraiser for most of his career, he had a lot of insight into the real estate industry.
We toured some beautiful condos while helping Alan with his home search. He really wanted to be downtown in the heart of things where he could walk around and get just about anywhere quickly. He is a very decisive person, knowing what he wants, and when something was going to work for him or not. This made touring condos together a quick and fun process where Alan would make up his mind quickly after seeing the few places that interested him.
The condo market in Portland right now is a very buyer-seller balanced market, especially when compared to Portland’s HOT seller’s market for single-family homes. This allowed Alan to negotiate on price and terms, getting him a great, under-asking price on a place that checks all his boxes. We were thrilled to hand over the keys to Alan and see him start his new life in Portland! Congrats, Alan!
If you’re thinking of buying real estate in Portland right now, you may be amazed by the prices, competition, and speed of the market. It is tough out there for buyers! If you’re open to a different type of property, it is a great time to consider buying a condo. Buyers have much more negotiating power, and there are some beautiful properties available! Give my partner, Bonnie Roseman, or me a call today to set up a tour!