Some Highlights Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market. When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices […]
Kittitas County or Kitsap Peninsula: Planning To Sell Your House in 2025? Start Prepping Now
If your goal is to sell your house in 2025, now’s the time to start prepping. Even though it might seem like there’s plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make now. As Danielle Hale, Chief Economist at Realtor.com, […]
30-Year Mortgage Rates Continue Wavering in Mid-6% Range
Rates on 30-year new purchase mortgages inched minimally higher Friday, nudging the average to 6.56%. Rates have been bobbing around the 6.5% mark for two weeks, and ended last week essentially flat vs. the previous week’s average. Most other new purchase mortgage rates also held close to steady Monday. Last 90 Days of 30-Year Mortgage […]
Seller activity surges ahead on the heels of falling mortgage rates~~: Why Did More People Decide To Sell Their Homes Recently?
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on the market usually starts to […]
Homebuyer Downpayments Reach Record High~~: 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 reaches a new height, the median down payment has too. […]
A substantial amount of equity built up in your home means you stand to make a significant gain when you sell~: How Much Does It Cost To Sell My House?~
If you’re grappling with the idea of selling your house in Kittitas County or the Kitsap Peninsula, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. […]
Other Sellers Are Pulling Back. Should You Hold Off Too?: Why Now’s Not the Time To Take Your House Off the Market~
A Takeaway for you: Affordability is impacted by three main factors; Mortgage Rates, Home Prices, and Wages. Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But […]
INSIDER VIEW..: Home Values Rise Even as Median Prices Fall~~
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. Nationally, home values are actually […]