Real Estate News and Tips

Real Estate News and Tips

Real Estate News and Tips

$16 Million Awarded to Expand Affordable Housing for People with Disabilities in Oregon and Washington

Exciting news for the Pacific Northwest! The Biden-Harris Administration has awarded $16 million to expand affordable housing for people with disabilities in Oregon and Washington. This funding is part of a larger $138.5 million grant from the U.S. Department of Housing and Urban Development (HUD), aimed at increasing housing options and supportive services for low-income […]
Finance, Real Estate News and Tips

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, Real Estate News and Tips

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, Finance, Real Estate News and Tips

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 […]

Real Estate News and Tips $16 Million Awarded to Expand Affordable Housing for People with Disabilities in Oregon and Washington Exciting news for the Pacific Northwest! The Biden-Harris Administration has awarded $16 million to expand affordable housing for people with disabilities in Oregon and Washington. This funding is part of a larger $138.5 million grant from the U.S. Department of Housing and Urban Development (HUD), aimed at increasing housing options and supportive services for low-income […]

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 […]

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 […]

FAQs Why Summer is the Best Time to Sell Your Home Even though the real estate market tends to slow down in the summer, buyers are still eager to close deals before fall. Here’s why summer can be an ideal time to sell your home: Key Points Momentum from Spring: The energy from the spring real estate market often carries into June, but activity typically slows […]

Real Estate News and Tips Washington ranks above Oregon in terms of quality of life Living in Washington State speaks volumes about your love for a high-quality life. According to a recent CNBC study, Washington ranks above Oregon in terms of quality of life, securing the fifth spot in the nation. The Evergreen State earned 230 out of 325 points, thanks to its inclusiveness, worker protections, and robust voting rights. […]

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 […]

Real Estate News and Tips Homes Selling Below List Price: Good News for Buyers, Challenges for Sellers Homes sold below their list price at the peak of the housing season, a shift that could tip the real estate market in favor of buyers, according to Redfin. During a four-week span in May and June, the typical home sold for 0.3% less than its asking price, Redfin reports. This is significant because, in […]

Real Estate News and Tips Western Washington Property Values Rise in 2024 – But It’s Not Uniform Home values across Western Washington are generally on the rise for 2024, but the increase varies by community. Meanwhile, many office spaces and condos are experiencing a decline in value. “After dramatic fluctuations in the residential market during the COVID years, values have returned to a steady level of increase,” stated King County Assessor John […]

Real Estate News and Tips Buyers Gaining an Edge in the Housing Market: Insights from Real Estate Experts Great news for homebuyers: the housing market is starting to tilt in your favor! Compass cofounder and CEO Robert Reffkin recently shared some insights that highlight how the market dynamics are changing. Reffkin told CNBC that currently, 30% of the housing inventory has seen price drops, a level not seen in the past decade. Additionally, […]

FAQs Unlocking the Potential: Converting a Manufactured Home to Real Property Can a manufactured home become real property? The answer is a resounding yes, but with some crucial considerations. The process of classifying a manufactured home as real property varies by state and local jurisdictions. State-specific statutes outline the procedures for this classification, which may involve documents like a Certificate of Title or an affidavit […]

FAQs Navigating the Mortgage Maze: Financing Your Home Purchase with Confidence Buying a home is a significant milestone, and choosing the right mortgage can make all the difference in your homeownership journey. In this comprehensive guide, we’ll explore the various types of mortgages and financing options available to homebuyers. Plus, we’ll dive into how changing mortgage rates can influence home market prices, empowering you to make […]

FAQs Demystifying Escrow: Your Friendly Real Estate Agent’s Guide Hello, dear readers! Today, let’s delve into the world of real estate and uncover the magic behind a crucial process often shrouded in mystery – escrow. As your friendly neighborhood real estate agent, I’m here to shed light on what escrow is, its role in property transactions, and why you should embrace it as your […]

Real Estate News and Tips Your Real Estate Ally: Unveiling the Role of Washington State Real Estate Agents Buying or selling a home is often one of life’s most significant milestones. It’s a journey filled with excitement, anticipation, and, yes, a bit of stress. That’s where real estate agents come in – your trusted allies in navigating the intricate world of property transactions. In Washington State, real estate agents play an essential role […]

Real Estate News and Tips Understanding Home Ownership in Washington State: Types of Titles and the Transition of Ownership Homeownership is a significant milestone in life, and it’s essential to understand the various types of property titles and what happens to ownership when an individual passes away. In Washington State, as in many other places, there are distinct forms of property titles, each with its own implications for ownership transition. Types of […]

Real Estate News and Tips First-Time Home Buyers: Your Guide to a Smooth Home Buying Journey Are you ready to take the exciting leap into homeownership? Becoming a first-time homebuyer is a significant milestone in your life, and it’s an adventure that requires some preparation. Here’s a guide to help you embark on this journey with confidence and ease: 1. Establish Your Budget: Begin by assessing your financial situation. Determine how much you […]

Real Estate News and Tips Uptick in New Listings Just saw an article by Yaёl Bizouati-Kennedy on GoBankingRates : The top key points are: Uptick in New Listings: In August, there was a 4% increase in new home listings across the United States, providing potential homebuyers with more choices. This positive development is seen as a relief for those waiting to enter the real estate market. Persistent […]

Real Estate News and Tips Your Dream Home Journey: Where You’re the Star – With Our Client-Centric Approach! Hey there, future homeowners and welcome to a real estate experience like no other! If you’re tired of feeling like just another transaction in a sea of listings, I’m here to tell you that there’s a better way. Meet your dedicated real estate agent, where you’re not just a client; you’re the star of the […]