Blog Stories It's Buyer Season!

It’s Buyer Season!

By Kim Parmon, October 21, 2019

It’s fall in Portland!  One of my favorite times of year.  The leaves are changing from vibrant green to various shades of fiery red and orange.  The constant rain is starting in earnest.  Kids have gone back to school and the holidays are around the corner.  There is pumpkin spice aplenty out there, people!  Pumpkin spice APLENTY.

Know what else it means?  If you’re looking to buy property sometime soon you should be pounding the pavement.  This may be counter to what you are thinking.  Most people I talk to want to stay cozy by the fire right now and have plans to start their home search in earnest after the new year.  You know what happens when “most people” do something?  It creates scarcity.  There’s a reason why the real estate market in Portland starts to really ramp up in January!  That’s when everyone comes out of their holiday food coma and starts their home search.  EN MASSE.  What happens when home searches occur en masse?  Crazy multiple offers, people.  Frustration.  Higher prices.  That’s what happens.

Now, I can’t tell the future.  I don’t know what’s going to happen for sure come January.  But I can tell you what’s happened every year for the last five years, and that’s what I see happening again: people relaxing in the fall with plans to start their search after the holidays.  And let me tell you about the market right now: homes are sitting a lot longer than they have been in the past.  Less buyers are looking.  Sellers are more motivated and reasonable.  And interest rates are killer!  You could find an amazing property right now and get it under contract for less than asking price with an interest rate that’s lower than anything we’ve seen in the last few years.

Are you ready?  Let’s start looking for your next home!  Give me a call: 503-438-5101

Kim Parmon

Principal Broker

Kim is the first person who will tell you she never expected to be a Realtor. She's had many creative jobs in the past and spent years as a high-volume bartender-turned-bar owner, which she feels gave her an essential skill that translates beautifully into her career in real estate: the ability to juggle 1,000 things at the same time while keeping everyone calm! She became obsessed with buying a house after the market crashed in 2009, finally buying her very first teeny-tiny dilapidated bungalow as a short sale in 2011. She and her husband, Matt, spent a few years fixing it up, then sold it for a profit and bought another project. And then they did it again. And the rest is history! Kim's talent for finding diamonds in the rough has made her into one of Portland's most sought-after investment Realtors. She loves seeing the missed potential in properties and has all kinds of tricks up her sleeve to find great investments but this talent is equally useful when it comes to traditional buyers and sellers. When you buy a home with Kim's assistance you can be sure that she is looking at all angles of the purchase to make sure it aligns with your financial goals as well as your lifestyle and she will stop at nothing to make sure you are taken care of! Some of her clients think she's gotten their offers accepted through sheer force of will! When you list a house with her she will go above and beyond to present your house in the best possible light to make sure you maximize your return on investment. Above all else, Kim prides herself on her integrity and believes that everyone deserves a caring Realtor partner who truly listens and tries to do what's right for her clients, even when no one is looking. She is thrilled to call this beautiful city home and can't wait to help you make your dreams come true through real estate.
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