real estate: A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture
- 03/15/17 04:34 PM
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops. Historically, inventory must reach a 6-month supply for a normal market where home prices appreciate with inflation. Anything less than a 6-month supply is a sellers’ market, where the demand for houses outpaces supply and prices go up. As you can see from the chart below, the United States has been in a sellers’ market … (0 comments)
real estate: First Comes Love… Then Comes Mortgage?
- 02/15/17 02:52 PM
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable. But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 14% of all first-time buyers last year. If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2016, while … (0 comments)
real estate: 5 Reasons to Hire a Real Estate Professional When Buying & Selling!
- 11/28/16 02:14 PM
Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but rather have been strengthened, due to the projections of higher mortgage interest rates & home prices as the market continues to pick up steam. 1. What do you do with all this paperwork? Each state … (1 comments)
real estate: Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision
- 11/18/16 05:16 AM
Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want them to get into school after the holidays. Purchasers that are looking for a home during the holidays are serious buyers and are ready to buy. You can restrict … (0 comments)
Move In ready home available in highly sought after Silver Firs. Charming refreshed rambler offers new flooring in living and dining area and newer roof. Home boasts abundant natural light (as long as the window dressings are open!)Open layout for entertaining and a fully fenced spacious and level back yard. Located on quiet cul de sac with easy access to miles of trails, sidewalks, parks, shopping and major freeways. Award winning schools. OPEN HOUSE OCTOBER 29th & 30th 1-4 PM!!!
FOR MORE INFO ON THIS LISTING, CLICK ON MY BUSINESS CARD BELOW!
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real estate: Have You Put Aside Enough for Closing Costs?
- 10/11/16 09:28 AM
There are many potential homebuyers, and even sellers, who believe that you need at least a 20% down payment in order to buy a home, or move on to their next home. Time after time, we have dispelled this myth by showing that there are many loan programs that allow you to put down as little as 3% (or 0% with a VA loan). If you have saved up your down payment and are ready to start your home search, one other piece of the puzzle is to make sure that you have saved enough for your closing costs. Freddie Mac defines closing … (2 comments)
16733 168th Terr SE, Renton WA 98058 Offered at $790,000
Beautiful Home in highly coveted Fairwood Community…Woodside awaits you to appreciate its incredible panoramic views of Seattle Skyline & Mountains. Natural light floods this impressive 4040 square foot home offering a Master Suite w/ 5-pc bath & walk-in closet, additional 2 Bedrooms & potential to convert xtra bonus room to a 4th Bedroom. Laundry room also on upper floor. Main Floor boasts open floor plan, great flow from Grand Entry to large kitchen leading to sizeable wrap around deck. Don't miss this Great Opportunity!
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real estate: Buyer's Market Anyone?
- 10/03/16 05:18 AM
US Housing Market Moving Further into ‘Buy Territory’ According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to rent or buy a home? The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and building wealth through a buildup in equity versus renting … (1 comments)
real estate: Homeownership is Still a Huge Part of the “American Dream”
- 11/03/15 09:03 AM
There have been some who have voiced doubt as to whether or not the younger generations still consider buying a home as being part of the “American Dream”. A studyby Merrill Lynch puts that doubt to rest. According to their research, every living generation still believes that owning a home is in fact important. Here are the numbers: This should not surprise us as many studies have revealed the benefits enjoyed by the families who own their own home. One such study was done by the Joint Center of Housing Studies at Harvard University that addressed a major financial benefit to owning your own home: forced savings. The report explains: “Since many people have … (1 comments)
Some say I take my job too seriously. Well when it comes to the most important, and most likely the largest financial decision you will ever make, I have to say YES! I do take my job VERY seriously. For your convenience, below is the Washington State Law of Agency Pamphlet for you to read. This is a pamphlet every single client I work with, by law, is supposed to read and initial. I look forward to helping you with your real estate needs. I am looking foreard to being your true Real Estate Advocate.
Luxury Luxury Luxury!!! Come and get yours before they're gone! 3 New Moderns now up for Presale in West of Market. Under a million! Pick your colors, cabinets, counters, fixtures...everything you want to make it your very own. Contemporary elegance with a amazing views! Benjamin Ryan is proud to announce the newest signature contemporary … (0 comments)
real estate: 6 Reasons Why This Winter Is a Great Time to Sell
- 01/23/13 04:58 AM
Forget the myth that winter is a bad time to sell real estate. While sales usually inch lower in the cooler months, some real estate pros are saying this winter in particular may be a great time to sell a home. Here’s why: 1. Mortgage rates are near record-breaking lows. 2. Home prices are starting to rebound in many markets across the country. The National Association of REALTORS® reported that home prices in December were 11.5 percent higher than a year earlier. 3. Homes still remain a good deal: Prices are rising but remain mostly below 2007 highs, and in many areas, … (0 comments)
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Vance Hill - Limitless Realty Group & SportStar Relocation Seattle
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops.
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