Dec 8, 2019 | For Buyers, For Sellers, Market Trends
To Explain the unusual Real Estate Market: Mortgages are once again incredibly low. After increasing for much of last year, mortgages started dropping last November – and they kept dropping, up to and including the present. The current 30-year fixed-mortgage rates...
Nov 30, 2019 | For Buyers, For Sellers, Home Financing, Market Trends, Real Estate
Mortgages are once again incredibly low: Last year mortgage rates kept dropping. The current 30 year fixed mortgage rate stands at 3.49%. just 0.18 over the all time historic low. Home Prices are rising: Home prices rose 3.6% over last year (as of July 2019). We are...
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 21, 2019 | For Buyers, Home Financing, Market Trends, Real Estate, Rent vs Own
I’ll challenge the idea that there is a ‘best’ time to buy or sell a home: Mortgage Rates Jump around. Even a small change in rates makes a large difference in home prices. This change is unpredictable. Statistics tell only part of the Story Home prices and demand...
Oct 28, 2019 | For Buyers, For Sellers, Market Trends, Real Estate
Yes the economy is roaring along. The stock market is at an all-time high, unemployment is near record lows, and inflation is minimal. The growth of home values has slowed or decreased nationwide over the last year, and home sales are down nationwide. This may bring...
Mar 15, 2019 | Market Trends
By Penny McLaughlin Our phenomenon happening right now is related to both older folks and Millennials. The trend is for Seniors to stay put and not sell the family home. This creates a challenge as more and more Millennials look to enter the housing market. This...
