Seattle Real Estate News & Local Happenings

How Global Uncertainty Is Impacting Mortgage Rates

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If you’re thinking about buying or selling a home in the Seattle area, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January 2022 of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. That blew my mind because I didn't think it would get there til the end of the year, but BOOM, it happened faster than anybody thought.

What Seattle, WA Homebuyers Need to Know About Negotiating Repair Costs

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You made an offer on that new home, and the seller accepted it. It’s an exciting time. But hold on a minute. There are several more steps in the purchase process before you get to the closing table and sign the dotted lines. One of the major remaining steps is the inspection. And, typically, the inspection will discover problems with the home, both major and minor, that call for repairs. Then, as a buyer, you’ll have to negotiate these repairs with the seller and/or her agent. So let’s see what Seattle, WA homebuyers need to know about negotiating repair costs.

4 Things You Can Do Right Now to Make it Easy to Buy a House in Seattle, WA.

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Buying a home is a huge accomplishment, but the housing market is competitive. That’s especially true when it comes to mid-priced, affordable houses. If you feel like you're ready to buy a house, the first question you're likely to ask yourself is, "how much can I afford?" And answering that question means taking a look at several factors. 

5 Tips for Buying a Home in Seattle When You Are Self-Employed

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Self-employment has many benefits – the ability to make your own schedule, the potential for more time off and better pay, the pleasure of doing what you love and getting paid for it, and more. But there are downsides to self-employment. The unfortunate fact for self-employed people is that it’s usually more difficult to buy … Continued
Downtown Seattle, WA Skyline

Seattle Real Estate Market Forecast

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The new year is here, what does it hold for the real estate market? PRICES:  Throughout King County, Washington the median home sales price rose 13.5% in 2021, to $749,000.  Outlying towns and suburban/rural suburbs with lower price points saw higher appreciation rates.  Snohomish County saw a 23% increase, and Pierce County rose 20% last year.