Here are a few highlights from the National Association of Realtors: First-time buyers represented 29% of buyers, virtually unchanged from one year ago and one month ago.
Thinking about selling your house?Β Put on your seatbelt, itβs time for some truth. The market this fall is NOT where the market was last spring.Β The housing market has cooled so fast and so far, that Seattle actually leads the nation in the softening of our market, according to a recent Seattle Times article.
One of the most common questions people ask when they are thinking about selling their house is whether certain repairs will pay off. What I try to remind people is that if they have upgraded something in their home in the last couple of years, it will definitely improve the value. But it may not … Continued
Buying a house is a major commitment. Before you begin shopping for properties or comparing mortgage options, you need to make sure youβre ready to be a homeowner. Buying a home can be more than a little challenging. In fact, the process can be downright confusing and overwhelming, especially for first-time buyers. The chief source of home-buying anxiety is a result of knowing that it is the largest financial transaction of your life β you donβt want to make an enormously expensive blunder.
When you buy a home for yourself or your family, thatβs not all youβre doing. You are also buying a neighborhood. The neighoborhood is actually one of the chief determinants of your home's value. You want to do your due-diligence and make sure you love the neighborhood as well as the home.
When buying a house, everyone has priorities. TheΒ buying process is complex and takes time, and itβs easy to get off track. Having written priorities is a helpful way to guide you through the process without forgetting some of the features that are important to you and your family.
We always hear our grandparents say βback in the day, life was so differentβ. The wayΒ of living was different, the cost of living was different, andΒ home-buyingΒ was different. The world is changing and if you donβtΒ keep up, To find out how home buying has changed over the years we need to first compare how it was in the past and how it is now.
Are you βupside downβ in your condo? I have had 3 clients (or potential clients) talk to me about the idea of selling their home in downtown Seattle this year. I did the homework, and it is a rough time to sell.Β Condos are not selling for as much as they were at this time last year.
Buying a home can be a precarious business. When money and emotions are involved, things can get dicey (and ugly). So when issues pop up during a home inspection or initial walk-through, itβs important to request some repairs β especially if theyβre related to safety concerns or would cost a mint to fix once the property is yours.
Talk to anyone who’s just sold a home, and you’ll probably see some eye-rolling as they recount how the supposed profits were undercut by one expense after another. But the results won’t seem quite so shocking if you know what to expect. Are you preparing to sell your house? Well, hold on a second before … Continued