Finance

Finance The Shift Away from All-Cash Offers: A Win for Smaller Investors During the intense housing market of the pandemic years, cash offers dominated, often outpacing traditional buyers. However, the landscape is changing, offering new opportunities for smaller investors and regular homebuyers. Decline in All-Cash Purchases According to a recent Realtor.com® report, the percentage of investors buying homes with all cash dropped to 64% in the first […]
Finance Buyers Hold Steady as Mortgage Rates Remain Flat As we keep an eye on the housing market, mortgage rates have remained steady this week, leaving many potential homebuyers in a holding pattern. Meanwhile, inventory is growing, but sellers are starting to pull back. Let’s break down the latest market trends and what they mean for you. Mortgage Rates Update This week, the average […]
FAQs Get the Most Home for Your Money Understanding a home’s price per square foot can help you determine if you’re getting a good deal or paying too much. It’s a handy metric when you’re shopping for a home, offering a quick way to gauge whether the seller’s asking price is reasonable compared to similar homes in the area. Zillow® analyzed the top […]
FAQs 21 Expert Tips from Real Estate Agents for Buying a Home When you’re ready to buy a home, tapping into the expertise of real estate agents can be invaluable. We asked four of our partner agents to share their best advice on staying on budget in a competitive housing market. Whether you’re a first-time buyer or a seasoned homeowner, these 21 tips can help you navigate […]
Finance 7 Types of Homes Expected to Soar in Value by the End of 2025 Halfway through the year, it’s still a seller’s market in many U.S. real estate markets. According to Forbes, there are only about three months’ worth of inventory available in some states, far below the six months needed for a true buyer’s market. Home prices are continuing to climb, with the median U.S. home sales price […]
FAQs All Under One Roof: Trends in Multigenerational Living Multigenerational living is becoming increasingly popular, though there’s no one-size-fits-all solution to make it work. Families and builders are finding creative, flexible ways to meet the unique needs of this living arrangement. Key Takeaways There’s no single answer to making multigenerational living work, so homeowners and builders must come up with various solutions. The United […]
Finance Exciting News for Washington Homebuyers: The Covenant Homeownership Program is Here! A Step Towards Justice and Homeownership As of July 1, 2024, the Covenant Homeownership Program is officially open! This program, championed by the Housing Development Consortium, the Black Home Initiative, Rep. Jamila Taylor, Sen. John Lovick, and Rep. Frank Chopp, aims to address historical housing discrimination in Washington state. Passed with bipartisan support, the Covenant […]
Finance Weekly Mortgage Demand Dips as Rates Climb Again Mortgage demand has hit a three-month low as rates start to climb once more. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $766,550) edged up to 7.05% from 7.01%. This uptick followed a brief period of lower rates throughout much of May. This slight increase, the first in four […]
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