Buying

Buying Market Insights: November 2024 November 2024 Market Insights November 2024: Election years often bring short-term uncertainty, which can temporarily slow the market. However, long-term trends remain resilient. Home prices historically continue to rise year over year, regardless of political shifts. For buyers and sellers, focusing on personal financial readiness and individual needs is far more productive than trying to […]
Buying Market Insights: October 2024 October 2024 Market Insights October 2024: Our local real estate market is showing signs of balance. The average home price has increased by 12% from last year. However, prices have remained relatively stable in recent months, averaging around $800,000. Homes take about 36 days to sell on average. Sales prices vary, with some listings selling […]
Buying Is Gray Out? The Changing Trends in Real Estate Design Is Gray Out? The Changing Trends in Real Estate Design For the last decade, gray has dominated the real estate world. Gray walls, gray cabinets, gray flooring, this neutral hue was everywhere. From modern apartments to suburban homes, it was the go-to color for creating a clean, sophisticated look that appealed to home buyers. But […]
Buying Benefits of Home Equity in Home Buying The Benefits of Using Your Equity To Make a Bigger Down Payment Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity […]
Buying Market Insights: September 2024 September 2024 Market Insights September 2024: The latest NWMLS data shows home sellers in Western Washington are adjusting expectations, with list prices down from peak levels in all but one market. As a result, sale price growth is also slowing, although prices remain up year-over-year. The Federal Reserve’s decision to lower interest rates in September […]
Buying Market Insights: August 2024 August 2024 Market Insights August 2024:  Mortgage rates have begun to moderate, dropping to 6.35% for 30-year terms at the end of August, down from this year’s high of 7.52% at the end of April. The market is shifting toward a more balanced market, with increased supply coming onto the market. The number of homes […]
Buying The Best Time To Buy a Home This Year The Best Time To Buy a Home This Year A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year […]
Buying What To Know About Closing Costs What To Know About Closing Costs Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don’t forget about closing costs. […]
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Buying Are We Heading into a Balanced Market? Are We Heading into a Balanced Market? If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know. What Is a Balanced Market? A […]
Buying 2025 Housing Market Forecasts: What To Expect 2025 Housing Market Forecasts: What To Expect Looking ahead to 2025, it’s important to know what experts are projecting for the housing market. And whether you’re thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans. Here’s an early […]
Buying Market Insights: July 2024 July 2024 Market Insights July 2024:  The continued incremental decline in interest rates and increase in available listings for sale have continued to fuel market activity. Economists are indicating a further decline in interest rates driven by the Federal Reserve in September and into 2025, which could further stimulate the market. The market did experience […]
Buying Market Insights: June 2024 June 2024 Market Insights June 2024: Active listings have shown consistent month-over-month increases, with pending and sold transactions following typical seasonal trends. Over the last two months, there has been a notable influx of new listings, resulting in a significant rise in market inventory compared to previous periods. This abundance of options is especially beneficial […]
Buying The Price of Perfection: Don’t Wait for the Perfect Home The Price of Perfection: Don’t Wait for the Perfect Home In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying your […]
Buying Market Insights: May 2024 May 2024 Market Insights May 2024: The recent increase in listings, the highest in over 1.5 years, is a positive sign for the real estate market, particularly during the spring selling season. This influx has pushed active inventory into the triple digits. Additionally, the market has seen the most sold listings since last August, further […]
Buying Why Buyer Representation Should Matter So Much to Sellers Why Buyer Representation Should Matter So Much to Sellers In today’s rapidly changing real estate landscape, understanding the critical role of buyer representation has never been more essential for home sellers. With the pending NAR settlement on the horizon, many sellers may not fully grasp the significant impact these changes will have on their transactions. […]
Buying First-Time Home Buyers First-Time Home Buyers! As beauty is in the eye of the beholder, the idea of the American Dream differs from person to person. However, in a recent Bankrate study, participants were asked which accomplishments best embodied the American Dream. According to the results, owning a home continues to rank highest for many Americans today (see […]
Buying Market Insights: April 2024 April 2024 Market Insights April 2024: “Although home sales are at a 30-year low as buyers face higher borrowing costs and stubbornly low inventory, housing options on the market are beginning to increase.” according to Lawrence Yun, NAR’s chief economist.  That is clearly evident in our markets as inventories climb above 100 properties for the […]
Buying Seven Steps to Yard Sale Success Seven Steps to Yard Sale Success As you prepare to sell your house and move to a new one, you may be taking a fresh look at your belongings. You might be wondering how they’ll work in the new home or if you’ll need to upgrade to new ones. If you’re staging your current home […]
Buying Market Insights: March 2024 March 2024 Market Insights March 2024:  We are starting to see an up-tick of activity in the market, with more new properties being listed than we’ve seen since last spring.  While we are still in a seller’s market, we are seeing more activity than at the same time last year.  Pending sales in the month […]
Buying Buying with Your Pets in Mind Buying with Your Pets in Mind For many of us, pets play a central role in our home life, so taking into account what is best for them when buying a home is important for both their happiness and that of your entire household. Is the Neighborhood A Good Match For Your Pet? When looking […]