All Smiles in Happy Valley?
Filed Under Uncategorized · Tagged: first time buyer, first time home buyer, happy valley, portland new construction, portland real estate
Uh, not so much.
Happy Valley was hit…hard…by the real estate correction. Honestly, it figures. Unlike, say close-in Portland, Happy Valley allowed new construction at an alarming rate. Sure, at the time there seemed like there was a need. Afterall, those new homes sold quickly and often over asking price.
However, the over-building contributed mightily to the current inventory glut. Put simply, there are just too many homes for sale.
Now the city of Happy Valley is taking the unusual step of holding what amounts to a city-wide open house.
I give them credit. In times like these innovation and creativity rule. Of course, incredible deals are what will eventually moves these homes. There are deals to be had, though. A lot of these properties are bank owned and are going for 30 or 40% below the original asking prices.
The only question is, “Do you want to buy a new construction house in Happy Valley?”
Agent Profile
Jesse Knight specializes in residential real estate with a focus on first time home buyers in the Portland Metro market. Through face-to-face meetings and the targeted use of technology tools, Jesse provides complete representation. Jesse is your consultant, advocate and all around real estate professional.
