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Buying Expert Forecasts on Mortgage Rates Expert Forecasts on Mortgage Rates If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if […]
Buying Buyers: You May Face Less Competition as Bidding Wars Ease Buyers: You May Face Less Competition as Bidding Wars Ease One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic […]
Buying The U.S. Homeownership Rate Is Growing The U.S. Homeownership Rate Is Growing The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a […]
Buying Is the Shifting Market a Challenge or an Opportunity for Homebuyers? Is the Shifting Market a Challenge or an Opportunity for Homebuyers? If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once […]
Buying 3 Graphs To Show This Isn’t a Housing Bubble 3 Graphs To Show This Isn’t a Housing Bubble With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took […]
Buying Want To Buy a Home? Now May Be the Time. Want To Buy a Home? Now May Be the Time. There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past […]
Buying Expert Housing Market Forecasts for the Second Half of the Year Expert Housing Market Forecasts for the Second Half of the Year The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to […]
Selling How Your Equity Can Grow over Time How Your Equity Can Grow over Time It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great […]
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Buying A Key Opportunity for Homebuyers A Key Opportunity for Homebuyers There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things […]
Buying Homeownership Is a Great Hedge Against the Impact of Rising Inflation Homeownership Is a Great Hedge Against the Impact of Rising Inflation If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in […]
Selling Home Price Deceleration Doesn’t Mean Home Price Depreciation Home Price Deceleration Doesn’t Mean Home Price Depreciation Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s […]
Buying Why the ‘Burbs Have Always Been Amazing Living in the Greater Seattle since the late 90s has afforded me the opportunity to watch what was once known as “that place Sleepless in Seattle was filmed” and the home of Nirvana transform in to a new mecca for the tech industry. Seattle and the surrounding areas North and South, specifically Everett, Renton and […]
Buying Hard to Get to Where You are Going Without Knowing Where You Are “I want to buy a house but I can’t afford to pay a mortgage” “The market is crazy and everybody is getting priced out” “I’ll wait for the bubble to burst.” “I have to work on my credit first” “I don’t have enough for a down payment” “I can’t compete” Have you had any of […]
Buying What Not to Do When in Process of Buying a Home. You’ve done it! You have taken the first steps in buying your home and have gotten prequalified by a trusted mortgage professional. You have gone out and started looking at homes online and maybe even toured a few you were interested in. Maybe you even have an offer that has gotten accepted and are now […]
Buying Renting vs. Buying – Which is Right for YOU? Did you read the title? Then you might assume that my answer as a real estate professional will always be BUY, BUY, BUY. And you would almost be right. Why almost? Keep reading! The reason why my answer may not always be BUY has everything to do with what is right for you and those […]
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