Blog Kenton 2nd Time's A Charm for Fallon (aka: We Got Married Because of Rising Interest Rates)!

2nd Time’s A Charm for Fallon (aka: We Got Married Because of Rising Interest Rates)!

By Erika George & Kari McGee, August 23, 2023

Fallon decided last summer that selling her house (and then trying to purchase another) in a quickly changing real estate market wasn’t going to meet her needs. She just felt like she was taking a hit on both her sale and her purchase.  But Fallon had the luxury of flexibility (something we think is one of the most important aspects to have in order to make good real estate decisions). So, Fallon moved in with her then boyfriend, now husband Clyde (HURRAY – wedding present to be delivered soon!), rented out her cute NoPo home for a little under a year, and made some extra income on top of her mortgage for a while.

Fallon then put her home back on the market a year later when she and Clyde, had a much better sense of what their next steps would be after selling, ie: price point, location (they would have ended up in Wilsonville last year but now are concentrating on SE & SW PDX!), and ahem, exactly how they would be legally holding title together (married folks have automatic Rights of Survivorship in Oregon).

While Fallon accepted a lower offer on this property than she was expecting last summer, the benefits of this market for Fallon and Clyde as Buyers now are so much clearer. Prices are down in general so the lower offer she accepted on her home sale is a wash, they have a lot more inventory from which to choose in their price point, and a lot less competition. The whole picture just made so much more sense this year. It all just fell into place.

It’s clear to us that the keys to Fallon’s real estate success are definitely patience, flexibility & (surprise) love!  Come to think of it, those same ingredients are probably a pretty good recipe for a happy life in general…

Congratulations to our wonderful client Fallon for selling her adorable NoPo “Tall-Skinny” and for getting hitched to one of the sweetest guys we’ve met!

Kari & Erika

Erika George & Kari McGee

Broker-Esquire | Principal Broker | Seniors Real Estate Specialists | OR

Meet cousins Erika George and Kari McGee - the highly skilled HouseLovePDX Team at Living Room Realty in Portland, OR. 

Broker Erika George brings to the table 20 years of experience as an attorney specializing in construction and contracts, and 10 incredible years of real estate success stories.  Principal Broker Kari McGee is an 11-year Portland Monthly 5-Star Realtor®  with almost 20 years of real estate experience under her belt. As Seniors Real Estate Specialists (SRES®) we love to put our superpowers to work to help all kinds of folks transition to new chapters with compassion, expert guidance, and a customized plan.

Here are our Top Five Favorite Things to do for you:

1.  Ask you questions (lots of questions!) and actually listen to your answers. 2.  Show out-of-area Buyers all the fun neighborhoods and important spots that make the Portland Metro area special. 3.  Crack you and ourselves up with funny photos and random moments of hilarity that pop up in a day of touring homes or after a long day of listing preparation chores! 4.  Negotiate and advocate strenuously for you and your goals. 5.  Celebrate the many (big and small) milestones in a real estate sale or purchase. 6.  Watch your life grow and change after the sale closes, and be there for you when you need us. ps - oh how we adore your "look at what we did to this house" photos!  And lunch. We also adore lunching with you.  (Yes, we know, that's two in one and we're already at six...). 7.  Make "Top-Five" lists that always have more than 5 top-fives.  Just goes to show you how much we love to exceed your expectations! We would be honored to help guide you through your changing real estate needs in Portland Oregon. CONTACT Erika George and Kari McGee 503.349.5449 | 971.322.6612 Team@HouseLovePDX.com www.houselovepdx.com  
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  • T: 503-349-5449
  • F: 503-961-8224
  • Team@HouseLovePDX.com

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