Downtown Condo Update

So I wanted to update you on what's been going on with the downtown condo market of late. I have been extremely busy over the past week with "sales events", buyers looking for that "perfect deal", and even sellers jumping back into the market...

As many may have seen in the paper, heard on the radio, or passed it on the street car, The Harrison Condominiums had a "Name Your Price" sales event this past weekend. The developers are trying to sell out the remaning 20 or so units in the East Tower and Townhome units. The event was rather successful with at least 8-10 units going into contract...and buyers still trickling in. I was on hand on Saturday (working with 2 buyers) to witness first hand that there are definitely buyers in our market looking for a deal!

Interestingly enough, I got a call yesterday from an agent representing the seller of The Casey to let me know that the price on Unit 1301 (which my buyers were interested in) will be going up! I have yet to se some written details on the new price, but that was the first time in a while I had heard the phrase "price increase"! Perhaps its a sign of what's to come??

And for those of you who haven't checked it out...I was in The Cyan earlier today. Great new building with a Eurpoean feel. The developers spent quite a bit of time researching smaller living spaces in Europe and Tokyo while in the design phase for the building which definitely shows in the final result. Parking is only an option for residents with a real push for living greener and reducing yor carbon footprint. Hope you are ok with smaller space...which also means leaving a smaller footprint!! The location couldnt be better...just steps away from the financial district, court house, waterfront park, and downtown shopping options. Check out http://www.cyandpdx.com/ or give me a call for some more details.