Yes, the market is competitive

We set out to find Emma and Kushal their new home in NE Portland almost a year ago.  We toured many homes, many were ruled out, but a handful were a great fit.  Their first offer was financed with a large down payment and very competitive terms, but they were edged out by a higher cash offer.  This story repeated itself a few more times and a backup position was offered on all.  After continuing to lose to cash they decided to convert to cash as well.  Confidence was reset and we moved forward weathering the lack of inventory and limited options that fit their needs. They were ready to compete when the right one hit the market, only to find that this price point was flooded with cash and buyers willing to pay well over market value.  We lost a couple more times and the heartbreak was setting in, but we kept the candle lit and patiently waited for it to be their turn.  This long hard journey led them to an amazing home with features NO other home had offered, in a spectacular location.  I am so happy for them and know they are going to LOVE their new home.  Patience and perseverance does pay off!

Jessica

Keeping the hope alive.