May 6, 2022 | Business, For Buyers, For Homeowners, For Sellers, Market Trends, Real Estate
In 2006 foreclosures flooded the market and that dramatically decreased home values. The two main reasons for the flood of foreclosures were: Many purchasers were not truly qualified for the mortgage they obtained, which led to more homes turning into foreclosures....
Jun 2, 2021 | Business, For Buyers, For Sellers, Market Trends, Real Estate
99% of metro areas saw home prices increase in the first quarter of the year, according to the National Association of Realtors. Though some cities saw year-over-year jumps as high as 35%, even smaller places saw at least modest rises. Experts credit record-low supply...
Apr 15, 2021 | Business, Market Trends, Real Estate
Goldman Sachs predicts that the U.S. economy will see 7% GDP growth in 2021, the highest figure since 1984. The combination of a fast pandemic recovery and the passage of the $1.9 trillion American Rescue Plan should also spill into 2022, with Goldman anticipating...
Apr 12, 2021 | Business, For Buyers, Market Trends, Real Estate, Remodeling
Construction of new homes weakened in February as high costs for lumber and other material hindered new-home construction, according to a March 17 report. Housing starts – both single-family and multifamily building – fell 10.3% to a seasonally adjusted annual rate of...
Nov 25, 2019 | Business, Local Market Reports, Market Trends, Real Estate
In what is seen to be a long-term trend in Venture Capital, Bay Area investment firms have doubled their input into Seattle area start-ups in the past decade. Silicon Valley money now accounts for 40% of all local start-up capital. Out of town investors are attracted...
Nov 14, 2019 | Business, For Buyers, Real Estate, Rent vs Own
Investors put their money in appreciating assets. Here are reasons you should consider doing the same: Rates Are Crazy Low. Low rates mean affordable lending – more for your money. It Will Appreciate. Home Price Index (HPI) has increased year-over-year basis every...
