TAKE AWAY: Today, many homeowners in Kittitas County and the Kitsap Peninsula are sitting on a substantial amount of equity, and you may be one of them. Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity […]
Connect with a pro and get THE Mortgage Rate facts in Kittitas County or the Kitsap Penenisula : The Impact of Inflation on Mortgage Rates
A Take Away for You: “We continue to expect that mortgage rates will drift down over the course of the year as the economy slows . . .” Mike Fratantoni, Chief Economist at the Mortgage Bankers Association (MBA) If you’re reading headlines about inflation or mortgage rates, you may see something about the recent […]
A Recession Doesn’t Equal a Housing Crisis
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As […]
If you are shopping for a home on the Kitsap Peninsula or in Kittitas County:: Here is Why You May Want to focus on an Energy-Efficient Home [INFOGRAPHIC]
Some Highlights Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a home this year, connect with your real estate agent so […]
“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”: Think Twice Before Waiting for Lower Home Prices
Take Away: A CoreLogic HPI Forecast indicates that home prices will increase on a year-over-year basis by 3.7% from February 2023 to February 2024. As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit […]
Consider all your resources : Your Tax Refund Can Help You Achieve Your Homebuying Goals
Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses. SmartAsset estimates the average […]
Homebuyer Activity Shows Signs of Warming Up for Spring
Your Takeaway: The best way to prepare to buy a home is to work with a trusted real estate professional who understands the process. They’ll help you navigate the costs you may encounter as you begin your homebuying journey. The spring season appears to be warming up in housing as more and more buyers enter […]
Trying To Buy a Home? Hang in There.: There are some benefits to being a buyer in today’s market that gives you good reason to stick with your search!
Your Take Away Mortgage interest rates fell to the lowest point since February, as home prices also continue to decline. We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, […]