According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement. As one participant in the study stated: “In retirement, you have the chance to live anywhere you want. Or you can just stay where you are. There hasn’t been another time in life when we’ve...
July 2016
Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.6% by next year. CoreLogic predicts home prices to appreciate by 5.3% over the next 12 months. If you are ready and willing to buy your dream home, find out if you...
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Answering the following 3 questions will help you determine if now is actually a good time for you to buy in today’s market. 1. Why am...
Some Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to...
The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007. This coincides with a report released earlier this month in which AxioMetrics announced that rents are continuing to increase in 2016. The...
Listed for $1,200,000 This custom built home is located on a private 51,836 s.f. lot. Ideally positioned in the highly desirable neighborhood of Deer Run Estates of Woodinville, the home features 4 bedrooms, 4 separate baths, den, bonus, rec. room, 5,120 s.f. and a park-like lot. Wonderful home for entertainment with cozy spaces in a flowing layout. Craftsmanship and livability shows throughout with...
Listed for $400,000 Well cared for and updated craftsman style home. The light filled floorplan features 1,620 s.f., 2 bedrooms, 1 bath, plus family room, den and bonus room on a private 7,520 s.f. lot. Recent updates include vinyl windows, neutral paint, white millwork, refinished hardwood floors, updated kitchen and bath. Inviting living room with rich hardwood floors and big windows overlooking...