With dramatically low inventory, an influx of buyers, rising prices and an epidemic of multiple offer situations, Portland’s sellers’ market can be downright intimidating to buyers. Some buyers are getting “buyers fatigue” and opting out of the race. So are there any “deals” left in Portland? Below are a few tips for Portland house treasure hunting.
- OVERPRICED LISTINGS
- UGLY HOUSES
- STINKY HOUSES
- HOMES LOCATED OUTSIDE OF THE MOST POPULAR AREAS
If you can find an overpriced, less than attractive, stinky house in a great location and are willing to put in some sweat equity, you may just win the Portland market jackpot!
We always discuss market conditions with clients and reassure them that all of our clients get a home that they love. It takes preparation, education, guts and some trust to achieve those goals. We recommend “thinking outside of the box” if possible when looking for a home. Dare to go where few others are willing to travel and you might find a treasure!