Rising real estate values and increasing rents have stretched budgets for homebuyers and renters over the last two years. The median home sales price in the United States jumped by nearly $100,000 from the first quarter of 2020 to the first quarter of 2022 amid low interest rates and a stronger-than-expected pandemic economy. Rents were […]
home sales
Tips to Attract Buyers When Selling Your Home
Preparing your home for sale may start with ideas for staging the house or spackling and painting over nail holes; however, it also requires a considerable amount of planning and organization. Before opening your home to tours, either virtual or in person, be aware of what buyers might notice. “Getting your home ready for sale […]
What You Should Know if You’re Buying Your First Home
The housing market has exploded since 2020. The pandemic fueled a house-buying frenzy with remote work and leaving large urban areas to live in different parts of the country is becoming more mainstream. According to the National Association of Realtors, 31 percent of all home purchases since 2020 have been made by first-time homebuyers. “Buying […]
10 Terms and Acronyms Homebuyers Need to Know
PMI, APR, LTV — these unfamiliar acronyms don’t need to bewilder or intimidate uninitiated homebuyers. To help you negotiate the homebuying process like a pro, Freddie Mac is sharing definitions of 10 key acronyms you’ll encounter as you meet with lenders, make a down payment and pay back your loan. 1. APR (annual percentage rate): […]
3 Ways to Boost Your Home’s Curb Appeal
When it comes to your home, you only get one chance to make a great first impression — and that takes place before anyone ever steps inside, making curb appeal upgrades an effective way to beautify your home while boosting its value. Here are some great ways to enhance curb appeal that will give you […]
Home Ownership Culture Takes New Meaning for Millennials
Maybe it was the catchy lyrics of the ultimate girl power and ’90s dream band, Spice Girls, who first inspired this generation of young adults to want to tell the world what they want (what they really really want) in this “Wannabe” digital world of heavily used and preferred social, insta and virtual communication. A […]
Real Estate Market on Bainbridge Island Off to Robust Start
What a difference a few years make! If I had written this blog back in 2011, I would have been emphasizing the wonderfully low interest rates that made home buying affordable and ignoring the amount of homes that were available. Today, the interest rates are still historically low, but inventory of available homes has dropped, […]
