Take Away: While more buyers tend to shop in the spring and summer months, those shopping in the winter are likely to be motivated — often moving because of a job relocation, change in financial situation, or change in family needs. As you look ahead to the winter season, you’re likely making plans and […]
Put this historic insight into your financial tookit : What Happens to Housing when There’s a Recession?
Take Away: Current economic conditions should give builders pause, but they need to be nimble and remember that housing leads the business cycle, says Zonda’s chief economist and NAHB’s assistant vice president of forecasting. Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while […]
Enjoying a sense of well-being: The Emotional and Non-financial Benefits of Homeownership
Take Away: Homeownership not only builds a sense of pride and accomplishment, but it’s also an important step toward achieving long-term financial stability as well as a greater sense of well-being. Here are some of the benefits you can look forward to as a homeowner. With higher mortgage rates, you might be wondering if […]
Nine steps to use use yourself or share with a friend: The Journey To Buy a Home [INFOGRAPHIC]
Some Takeaways When you head out to buy a home, there are a number of key milestones you’ll encounter along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Connect with your agent so you have expert […]
If you're loosing sleep over changes in the realestate market... : Consider the Cost of Waiting for Mortgage Rates To Go Down
Take Away: “Homeownership is still considered one of the most reliable ways to build wealth. When you make monthly mortgage payments, you’re building equity in your home . . . When you rent, you aren’t investing in your financial future the same way you are when you’re paying off a mortgage.” Mortgage rates have […]
Show off your Home to buyers to it's best advantage: Fall Home Selling Checklist [INFOGRAPHIC]
Take Away: If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know… Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Some Highlights Focus on tasks that can make […]
Watching the Stock Market? Check the Value of Your Home for Good News.
Takeaway: “. . . the decline in the stock and bond market has dented overall net wealth. . Only housing wealth has held on. (National Association of Realtors (NAR) While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile […]
Is there a housing bubble forming in Kittitas County and the Kitsap Peninsula?: Is the Real Estate Market Slowing Down?
Take Away: Although housing supply is growing this year, the market certainly isn’t anywhere near the inventory levels that would cause prices to drop significantly. That’s why inventory tells us the housing market won’t crash. The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue […]