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 […]
A real estate advisor can anticipate what could happen next | work with you to put together a solid plan | guide you through the process : A Trusted Real Estate Advisor Brings You Peace of Mind
Take Away: This year, home price appreciation is slowing (or decelerating) from the feverish pace the market saw over the past two years. According to the latest forecasts, experts say on average, nationwide, prices will still appreciate by roughly 10% in 2022 If you’re a homeowner or are planning to become one soon, you’re probably […]
Smart strategy on the Kitsap Peninsula or Kittitas County : Why a Home Inspection Is Important [INFOGRAPHIC]
Some Highlights If you’re buying a home, here’s what you should know about your home inspection and why it’s so important. A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so you can avoid costly surprises down the road. Let’s connect so […]
Knowledge Is Power!: What Would a Recession Mean for the Housing Market?
Take Away… Knowledge Is Power! Take the mystery out of “Recession”. The history of recessions in the United States shows that they are a natural, though painful, part of the business cycle. According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next […]
“People should not anticipate another double-digit price appreciation. Those days are over. . . We may return to more normal price appreciation of 4%, 5% a year.”: Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
YOUR TAKE AWAY The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer […]
Why Are People Moving Today?
YOUR TAKE AWAY: Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look […]
Great News About Housing Inventory [INFOGRAPHIC]
YOUR TAKEAWAY Active listings will grow 15.0% year-over-year as the inventory recovery accelerates in 2H 2022; higher home sales prices (+6.6%) and mortgage rates (to 5.5%) add to affordability issues Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If […]
Use this procedure to stay in front of the pack: Why Pre-approval Is a Game Changer for Home Buyers
Take Away: There are several benefits to getting pre-approved for a mortgage: It makes it easier to shop for a home. A pre-approval letter helps both you and your real estate agent better understand your price range. It shows you are a serious buyer. A pre-approval letter lets your real estate agent and the seller […]