There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the...
As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78years old! As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family. The...
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly. In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a...
According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According to the 2019 Home Buyer Report from NerdWallet, “Thirteen percent of Americans have lost a home due to a...
In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of buying a...
Tony and his team were a real joy to work with throughout the whole process of listing, selling, and closing of our house. Tony remained patient and understanding through the many times of being ready, then not being ready to sell. Third time was the charm! Tony and staff were always available to answer any questions or concerns and calm the nerves. Thanks Tony and Team! Doug and Patti Sunseri Sold...
So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true! Below are 4 steps provided by Freddie Mac to help buyers make offers, along with some additional...
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is that there are many programs available that let you put down as little as 3%. Those who have served our country could qualify for a...
Tony Meier and his team did a great job in representing me especially considering I had moved to the other side of the nation. I'm glad to have worked with him and all the support and help he gave during the sale. It made it easy and painless. Michelle Fitzgerald Sold in Bothell April...
KIRKLAND, Washington (May 6, 2019) - Housing activity during April signaled good news for buyers in Western Washington as inventory continued to grow, the rate of price increases was slowing in many areas (and even decreasing in a few counties), and mortgage rates remained low. Northwest Multiple Listing Service statistics for last month show a 28.5 percent overall increase in active listings...
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, four-bedroom colonial with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive....
Sold for $1,054,000 Click Here for Details Stunning home on a quiet street, conveniently located near Microsoft and shopping. Recently updated and loaded with extras! This flowing floorplan boasts 2,369 s.f. and features 3 bedrooms, 2.5 baths, bonus room and a workout room with a 2 car garage on a lush 12,000 s.f. lot. The open entry welcomes you in with newly refinished oak hardwood floors, soaring...
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