Congratulations to David and Mireille who closed on their first home on Monday. This is the ninth time (insert Ferris Bueller joke here!) we have helped first time homebuyers purchase a home in the last 4 months! Yes — low inventory and low interest rates makes this a sellers’ market, BUT the low interest rates work in our buyers’ favor too — they can afford to pay more for a house while keeping payments at a comfortable level. Moreover, first time homebuyers usually have an edge over competition as they don’t have a home to sell. They have good flexibility when it come to when they can close and take possession.
David and Mireille were flexible when it came to location, which is another hallmark of many of our successful first time homebuyers. Because they chose to consider homes in a broad swath of Southeast Portland, they found a cute and well maintained home in Brentwood Darlington that checked most of their boxes: three bedrooms, open concept living and dining, updated systems, and lovely outdoor spaces. It even has a a fun dining room peninsula from which their beloved cats can slink, play and pounce!
We know David and Mireille (and their kitties!) will have many happy years in their new home. Are you considering purchasing a home for the first time? Now is a great time to explore your options — Call us!