Your Home Is Your Greatest Investment!

Asking these questions when picking a real agent could mean thousands!

It can seem pretty easy in a market like this just to stick a sign in the yard and have all the offers come in one at a time. But the truth is, it takes more than that. You need a detailed marketing plan that’s going to get your home maximum exposure quickly. You need an agent to help set your house up for success! Yes, photos and things like a 3D Walkthrough are very beneficial for marketing your home. But adding things like Website Syndication, Permanent Smart Flyer, and a Retargeting Ad Campaign are just a few things that will help advertise your home for top dollar!

As your Real Estate Agent, my job is to make your transaction as simple as possible. I will be…

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Housing market entering uncharted waters

Mortgage rates climb even higher

Average mortgage rates  are higher for all loan types today with the 30-year mortgage rate crossing above 5%.

• The latest rate on a 30-year fixed-rate mortgage is 5.17%. ⇑
• The latest rate on a 15-year fixed-rate mortgage is 4.197%. ⇑
• The latest rate on a 5/1 ARM is 3.974%. ⇑
• The latest rate on a 7/1 ARM is 4.135%. ⇑
• The latest rate on a 10/1 ARM is 4.245%. 

Fed Chair Jerome Powell is done sitting idly on the sidelines as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back, and price growth slows.

This is already presenting a test for runaway inflation's poster child: the U.S.…

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Home renovations that are not benefiting your home value

Home renovations that will hurt your home value 

Most folks considering listing their homes know it’s a seller’s market and considering all the home values have been sky rocking these days, homeownership is proving to be quite the investment. There are benefits such as appreciate over time, home equity, and even tax deductions. But what about home renovations. Sometimes adding certain home renovations can be bit tricky In fact certain home renovations can do more harm than good. Yahoo!Finance mentions 20 home renovations that will hurt your home value. In a market like this, with wildly competitive open houses, sky-high prices, and ever-escalating offers. I get it, why not add an extra touch to make your home stand out even more? Maybe your…

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Housing Market Entering Uncharted Waters

Average mortgage rates are higher for all loan types today with the 30-year mortgage rate crossing above 5%.

• The latest rate on a 30-year fixed-rate mortgage is 5.17%. ⇑
• The latest rate on a 15-year fixed-rate mortgage is 4.197%. ⇑
• The latest rate on a 5/1 ARM is 3.974%. ⇑
• The latest rate on a 7/1 ARM is 4.135%. ⇑
• The latest rate on a 10/1 ARM is 4.245%. 

Fed Chair Jerome Powell is done sitting idly on the sidelines as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back, and price growth slows.

This is already presenting a test for runaway inflation's poster child: the U.S. housing market.

CoreLogic, a real…

3190 Views, 0 Comments

Buying a home in a sellers’ market

Are You Ready for Home Ownership?

A home buyer does not want to be caught off guard in a seller's market. It's one of the reasons that the most important thing a home buyer can do is trust his or her real estate agent to advise on market conditions. If it is a seller's market, it could very difficult, if not almost impossible, to buy the first home a buyer wants to buy. Because home buyers generally have very little interest in the real estate market when they are not buying a home, they don't always know how the market moves from one season to another, much less from month to month. It is often uncomfortable for a buyer to be told the market is a seller's market when the buyer may believe otherwise -- especially a buyer who is trying to buy…

1549 Views, 0 Comments

Selling your home?

Thinking of selling your home? Talk to a real estate agent

You Don’t Know What You Don’t Know When Selling Your Home.

The spring selling season is upon us, and while it's traditionally the busiest time of year for real estate, this spring promises to be just as competitive as this time last year, particularly for first-time home buyers. With ultra-tight inventory and continually increasing home prices, it’s imperative that a home buyer be ready to make an offer and move forward on a purchase contract at a moment’s notice. Like many people across America right now, if you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale this may be the…

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Q2 Update: Changing real estate market and outlook for buyers and sellers

Are you ready for home ownership? Buyers' this maybe your time 

If you’re in the market for a home, take note: The 2nd quarter of 2022 may be the opening you’ve been looking for.

•          February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
•          Buyers in King County are jumping for joy over the nearly 40% increase in new listings.
•          King County also saw a 31% increase in pending home sales month-over-month, as well.

Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.

…

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Market update in Monroe

Monroe Market Review 2022

What was the average appreciation for homes in Monroe in 2021?

From January 1st, 2021, to Dec 31st, 2021, homes in the Monroe area have appreciated by 25.1% throughout the entire year of 2021

The trend continues in Monroe. In December 2021, the average appreciation for Monroe homes was 25.1%. March update: average appreciation in Monroe is 26.6%. That, is a 1.5% increase within the past 3 months

How did your neighborhood appreciate in particular?

In Old Owen, Woods Creek, Foothills, Fryelands, Chain Lake and Trombley Hill

In Old Owen Median Price Sold in 2020 was $687,500 from Jan1st 2020 to Dec 31st, 2020. However Median Price Sold in 2021 was…

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Q2 Update: Changing Real Estate Market and Outlook for Buyers and Sellers.

If you’re in the market for a home, take note: The 2nd quarter of 2022 may be the opening you’ve been looking for.

•          February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
•          Buyers in King County are jumping for joy over the nearly 40% increase in new listings.
•          King County also saw a 31% increase in pending home sales month-over-month, as well.

Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.

Commenting on the latest statistical report from Northwest MLS,…

2360 Views, 0 Comments

Where are all the homes for sale?

Are there going to be more homes to buy anytime soon?

The spring selling season is upon us, and while it's traditionally the busiest time of year for real estate, this spring promises to be just as competitive as this time last year, particularly for first-time home buyers. With ultra-tight inventory and continually increasing home prices, it’s imperative that a home buyer be ready to make an offer and move forward on a purchase contract at a moment’s notice. Like many people across America right now, if you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. There is hope for home…

1207 Views, 0 Comments