Is the Buyer Bottleneck Starting to Soften?

Have you seen all the great new listings coming on the market? It’s starting to happen! More and more inventory. And boy oh boy, we have a great lineup of listings coming your way. With more and more inventory, buyers will have more choices, and less competition. How does that impact sellers? Sellers will still get great offers, and likely multiple, but not a pile. It’s better for everyone!

 

About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

We LOVE Listings, But Buyers LOVE Them More!

 

Inventory is low…like toilet paper in March 2020, low. With rates also at historic lows, lots of folks are ready to buy a new home. Have something to sell?

Call us today and we will discuss how to best get you the most out of your property. Someone is looking for a new living room right now, and it could be yours.

 

 

 

About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

Our Takeaways from the 2021 Economic Forecast

Our team “went” to the 2021 First American Title Economic Forecast. Presenter John Mitchell discussed our local and national economies. Where are we now? Where are we headed?
  • Oregon was the #3 state to move to in 2020 behind South Carolina + Idaho. People are still moving here and they want to buy YOUR house.
  • Oregon was #32 in job growth in 2020 so why are they moving here? Is it because 2020 proved that many of us can work from home successfully and we’d rather live someplace great than move to where the office is?
  • The Case Shiller Index indicates that as of October 2020, sale prices were up 8.9% in Portland. Value has risen a lot in the last year.
  • Now that national plans are being set in motion to control the virus and jump start the economy, the recovery is underway, but the trajectory is uncertain. We don’t know what the impact on real estate will be. We do know that today’s market favors sellers – thanks to little inventory and low interest rates, but we don’t know what the rest of the year will look like. This may be the very best moment to sell.
  • Covid has driven people home! Everyone is working, playing, schooling, “entertaining,” and learning how to thrive at home which means they need properties that will meet their needs. This need is encouraging moving, refinancing, remodeling and reevaluating where and how folks want to live. As people make plans for the post-pandemic period the realities are:
  • Mortgage rates are VERY low
  • Demand for new and creative spaces is rising
  • Many people did NOT lose their jobs they just have to do them at home and they need space, technology, innovation, storage and versatility.
  • Real estate figured it out – Zoom showings and listing appointments, drone photos and video, virtual house tours, floor plans, Covid safety plan, real shoppers vs. folks who love visiting open houses. Real estate brokers can successfully help people buy and sell during a pandemic and we may even be doing our jobs better.

About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

Why are condos a great option in this market?

If you are home shopping, you know how competitive the single family home is right now. If competing in this newly hot market is not your thing, one idea is to turn to condos. Parc Clematis at Clementi will be competing with Clavon by UOL, condos come in all shapes and sizes, with well kept structures, well run HOAs, to well…troublesome situations. If you are already looking for a smaller home, paring down, or want low maintenance, a condominium may be an excellent option for you. While some condos come in high rise form, others feel like an attached home, or row house. Some have beautifully manicured courtyards to share, still others come with private, fenced back yard spaces. There are condos all over our city, so if you like a specific section of town, there will likely be a condo for you. When determining if a particular condo is right for you, we will be sure you have all the documents (financial, meeting minutes, CC+Rs) to review before buying. Condos are a great way to share in community, while having a great place to live. Feel free to reach out and ask us more.

condo diningroom

 

About Us: Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

We need listings…for all those Buyers!

It’s true. The market is at a historical low with inventory and there are not enough homes to meet buyer’s demands. If you have been considering selling, now is a fantastic time to put your home on the market. To make this decision, it’s best to get all the information you need to know to determine if selling is right for you. We can help, contact us to discuss your options.

 

About Us: Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.