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 the Federal Reserve explained in their March meeting: “. . . the staff’s projection at the time of the Continue Reading about A Recession Doesn’t Equal a Housing Crisis
MyAroundTown Real Estate Insider
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 you have a partner to help you consider which features are most Continue Reading about 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]
“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 since they peaked last June. And you’ve likely heard something in the Continue Reading about “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
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 the market. And after rising mortgage rates sidelined so many buyers last year, Continue Reading about Homebuyer Activity Shows Signs of Warming Up for Spring
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, there are some benefits to being a buyer in today’s market that give Continue Reading about 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!
How Changing Mortgage Rates Can Affect You: Timing means a lot in this RE Market
How Changing Mortgage Rates Can Affect You The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical monthly Continue Reading about How Changing Mortgage Rates Can Affect You: Timing means a lot in this RE Market
How Homeownership Is Life Changing for Many Women: The key to building wealth for single women
How Homeownership Is Life Changing for Many Women Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership So Important to Women? The rise in women pursuing Continue Reading about How Homeownership Is Life Changing for Many Women: The key to building wealth for single women
Get Ready: The Best Time To List Your House Is Almost Here
Get Ready: The Best Time To List Your House Is Almost Here If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this Continue Reading about Get Ready: The Best Time To List Your House Is Almost Here