YOUR TAKE AWAY “Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity . . . Building equity in your home is a ready-made savings plan.” Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it […]
“It is a common misconception that homebuyer assistance is only available to first-time homebuyers,: Homeownership Could Be in Reach with Down Payment Assistance Programs
Take Away No matter where you are in your homeownership journey, there could be an option available for you. A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles […]
Price growth is key ingredient for creation of home equity wealth . . . has lead to largest one-year gain for owners: The Average Homeowner Gained $64K in Equity over the Past Year
Your Take Away: Home prices are forecast to continue appreciating because there are still fewer homes for sale than there are buyers in the market. That said, experts agree the pace of that appreciation should moderate – but home prices won’t fall. If you own a home, your net worth likely just got a big […]
The housing market is at a turning point. . . . We’re starting to see signs of a new direction,: Is the Housing Market Correcting?
Your Take Away If you’re thinking of buying or selling a house on the Kitsap Peninsula, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So… what does the rest of the year hold for the housing market? Here’s what experts […]
This growth will mean more options for shoppers than they’ve had in a while, even though inventory continues to lag pre-pandemic normal.”: Why the Growing Number of Homes for Sale Is Good for Your Move Up
A “Take Away” for you! If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to […]
Lets ease your concerns about the possibility of riskier lending habits that led to the housing crash 15 years ago: Why Home Loans Today Aren’t What They Were in the Past
A takeaway for you: In 2006, lending standards were much more relaxed with little evaluation done to measure a borrower’s potential to repay their loan. Today, standards are tighter, and the risk is reduced for both lenders and borrowers. These are two very different housing markets, and today is nothing like the last time. […]
There are numerous sophisticated factors to balance in this market, consider this one carefully...: Why Rising Mortgage Rates Push Buyers off the Fence
A takeaway for you: If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. […]
Thinking of selling? Here are some answers to some tough questions: Should You Update Your House Before Selling? Ask a local Real Estate Professional. [INFOGRAPHIC]
Highlights For You If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so […]