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 have to say. If you're following the news, all of the headlines about conditions in Continue Reading about The housing market is at a turning point. . . . We’re starting to see signs of a new direction,: Is the Housing Market Correcting?
Housing & Realestate
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 say. Are you thinking about selling your current home? If so, the biggest question Continue Reading about 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
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. Several times a year, the Mortgage Bankers Association Continue Reading about 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
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. So, when rates rise, so does the monthly payment you’re able to Continue Reading about There are numerous sophisticated factors to balance in this market, consider this one carefully...: Why Rising Mortgage Rates Push Buyers off the Fence
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 you have expert advice that’s customized to Continue Reading about 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]
Your "Smart Financial Planning" must include this Q&A : Will Home Prices Fall This Year? Here’s What Experts Say.
A Take Away for you: “With so few homes, buyers are once again left with fierce competition that’s driving the share of homes that sold over the listing price up to 66% . . . With the continued imbalance between supply and demand, home prices are likely to have another year of strong gains and are expected to average about 10% growth for the year.” Many people are wondering: will home Continue Reading about Your "Smart Financial Planning" must include this Q&A : Will Home Prices Fall This Year? Here’s What Experts Say.
If you are thinking of selling... this post will take away some anxiety: Your House Could Be Closer to List-Ready Than You Think
If you are thinking of selling... this post will take away some anxaity you feel better Your Take Away Experiences of Recent Home Sellers Over Half of Home Sellers Spent Less than a Month Preparing the Home for Listing Almost 60% of Homeowners Repaired or Updated Their Home in Preparation for a Sale Two-Thirds of Homeowners Cleaned and Decluttered Before Listing Majority of Continue Reading about If you are thinking of selling... this post will take away some anxiety: Your House Could Be Closer to List-Ready Than You Think
Are you questioning how inflation will affect your future? Read: How Homeownership Can Help Shield You from Inflation
How Homeownership Can Help Shield You from Inflation Key Takeaways Purchasing power is the amount of goods or services that a unit of currency can buy at a given point in time. Inflation tends to erode the purchasing power of a currency over time. Central banks try to keep prices stable through maintaining the purchasing power of the currency by setting interest rates and Continue Reading about Are you questioning how inflation will affect your future? Read: How Homeownership Can Help Shield You from Inflation