Buying Houses

Buyers in Seattle With Home Values Surging, Is it Still Affordable to Buy Right Now? Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new […]
Buying a house Will Mortgage Rates Remain Low Next Year? In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates are hitting […]
Buyers in Seattle Mortgage Rates Hit Record Lows for Three Consecutive Weeks Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is huge for homebuyers. Those […]
Buying a house What Are Experts Saying about Home Prices? Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first decrease in annual […]
Buyers in Seattle Top Reasons to Own Your Home Top Reasons to Own Your Home [INFOGRAPHIC] Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. Let’s connect today to […]
Buyers in Seattle Why This Summer Is the 2020 Real Estate Season With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new […]
Buyers in Seattle Questions to Ask During Your Virtual Home Tour This is a great post from the Windermere Blog to help Buyers know how to interact with a virtual open house.  Posted in Buying by Sandy Dodge   Image Source: Canva   Thanks to COVID-19, the new reality is that many open houses and home tours are being conducted virtually. For prospective home buyers, this […]
Buyers in Seattle Hey Buyers: Things Are Slightly Softening Here in the Seattle area, you may have heard that the real estate market is fast with prices escalating to unheard of heights.  Buyers have made offers with some creative details to win the house, and those still looking have become tired since the same house they didn’t win last year is now priced $50k-$100k […]
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