Over the past few years, most of the US has been in a strong seller’s market. Historically low-interest rates coupled with rising incomes resulted in buyers who were ready and able to buy a new home. It was a crazy time when sellers needed to do little more than put a sign in the yard to attract ... Continue Reading » about Home Sellers Market Update
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Seller Pricing For A Slower Market
An unexpected byproduct of the pandemic has been a booming housing market. As Covid-19 hit the country, the housing supply was already low, and the lockdown depressed the volume even more. As more homebuyers began looking for new homes, fueled by the ability to work-from-home and low interest rates, ... Continue Reading » about Seller Pricing For A Slower Market
What Is Happening To Our Economy and Housing Market and What You Can Do Right Now
Economic Slowdown: What the Experts Are Saying More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic ... Continue Reading » about What Is Happening To Our Economy and Housing Market and What You Can Do Right Now
How Interest Rates Can Impact Your Monthly Housing Payments
Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains: “If you're in the ... Continue Reading » about How Interest Rates Can Impact Your Monthly Housing Payments
The Best Reason to List Your House Right Now
SUPPLY AND DEMAND The best reason to list your house right now is simple- supply and demand. Supply and demand is a basic economic concept that drives the housing market. Right now, in the early part of 2020, we are seeing historically low numbers of houses on the market. It is reported to be ... Continue Reading » about The Best Reason to List Your House Right Now
What’s Happening Around Stanwood-Camano This Weekend!
While we may be having a record breaking rainy Jaunuary here in the Pacific Northwest, we did get treated with a stunning winter sunrise this past week! Hopefully you were able to catch a glimpse of it, or see some pictures. It was amazing, and so nice to see after so many gloomy days! This ... Continue Reading » about What’s Happening Around Stanwood-Camano This Weekend!