By Jim Arnal, January 25, 2021
As the new year set in, it became clear that a perfect storm was forming. Take this quintessential Rose City craftsman and combine it with historically low inventories and a pent up buyer demand from the winter and what you got was ten beautiful offers. Ten offers with terms that would make any seller blush. With the offers rolling in over our first weekend on the market and the values skyrocketing above objective comparison, appraisal contingencies and financing terms became incredibly important. So in the end, my two clients had their stewardship rewarded with a quick closing, a price well over asking and a smooth as silk transaction free of hurdles and repair requests. I am proud to have set a new record for recent sales in this epic pocket of Rose City, but I am more joyful about my clients’ success as sellers in what is shaping up to be a crazy market!
Principal Broker | Earth Advantage