April 2022

The Dream of Homeownership Is Worth the Effort

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in four homeowners say they would still buy their...

Is It Enough To Offer Asking Price in Today’s Housing Market?

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate and typically agree on a revised price that was somewhere between the...

Sold for $1,675,000! Lovely 3 bdrm, 2.25 bath home + bonus room (possible 4th bdrm) on English Hill in Redmond

Listed at $1,350,000 Click Here For Full Details, Dozens of Photos, 3D and 4K Video Tour at the Property Website The light filled 2,110 s.f. floorplan features 3 bedrooms, 2.25 baths and bonus room on a lush, flat 8,122 s.f. lot. Special features include: updated kitchen and baths, white millwork, updated pulls and fixtures. Inviting, open entry with hardwood floors, open staircase and large coat...

Is It Time To Buy a Smaller Home?

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer...

Where Are Mortgage Rates Headed?

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be...

Why a Real Estate Professional Is Key When Selling Your House

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached...

Rising Interest Rates Not Yet Slowing Home Sales or “Too Concerning” For NWMLS Officials

Latest Press Release - March Statistical Data KIRKLAND, Washington (April 7, 2022) - Rising mortgage rates are not yet slowing home sales in most areas across Washington state, according to several brokers who commented on the latest statistical report from Northwest Multiple Listing Service. The report showed a 7.4% year-over-year drop in pending sales, but brokers suggested the decline is likely a...

Sold for $2,025,000! Serene Two Story Home + Basement on Acre Lot in Woodinville

Listed at $1,975,000 Click Here For Full Details, Dozens of Photos, 3D and 4K Video Tour at the Property Website The light filled 4,500 s.f. floorplan features 4 bedrooms, 4 separate baths, den, bonus and gym on a lush, private 1 acre lot. Special features include: Refinished hardwood floors and new roof installed by closing! Main floor: Inviting, open entry with hardwood floors. Bright living room...

What You Need To Budget for When Buying a Home

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll need to budget for throughout the process. To get you started, here are a few...

Balancing Your Wants and Needs as a Homebuyer Today

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it like this: “Focus on the goal you set out...