Your Needs Matter More Than Today’s Mortgage Rates If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason […]
Have The ‘Unicorns’ Galloped Off from Today’s Real Estate Market:: In Kittitas County and on the Kitsap Peninsula
A Take Away For You Buyer Demand If you look at the headlines, you’d think there aren’t any buyers out there. We still sell over 10,000 houses a day in the United States. Of course, buyer demand is down from the two ‘unicorn’ years. Comparing real estate metrics from one year to another can be […]
Last July, prices started to decline, but around February, they began climbing back up.: The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]
If you put your plans to move on hold until home prices stabalized in Kittitas County or the Kitsap Peninsula… let’s connect to discuss if now is the right time. Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, […]
In the fourth quarter of 2022, the average borrower earned about $14,300 in equity year over year, compared with the $63,100 gain seen in the first quarter of 2022.: Homeowners Have Incredible Equity To Leverage Right Now
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 […]