With the current state of the real estate market a little “unsettled” at the moment I have decided to branch out a little bit and join “Only Fans” to help augment my income.

I read on OnlyFans that upwards of 500 content creators have been paid more than $1 million on the site. So being in the entrepreneurial spirit, I said; “Why Not?”

Besides… I actually like fans…

Here are a few of my favorite jokes about fans…

1. Wind turbines are big fans of renewable energy.

2. We recently moved to a third-floor apartment with some ceiling fans. Now, I can certainly say that I have fans in high places.

3. My friend once loved all kinds of farm machinery. And now he's great at sucking all air out of any room. I guess he's now an ex-tractor…

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Weekly Review
Newsletter - 03/27/2023

Week of March 20, 2023 in Review

The Fed hiked its benchmark Fed Funds Rate despite ongoing turbulence in the banking sector, while both new and existing home sales beat expectations last month. Don’t miss these stories and more:

  • Fed Hikes Rates Another 25 Basis Points
  • Existing Home Sales Strong Despite Media Reports
  • Signed Contracts on New Homes Rise for Third Consecutive Month
  • Jobless Claims Reflect Tight Labor Market
  • Decline in Demand for Big-Ticket Items

Fed Hikes Rates Another 25 Basis Points

The Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday – the ninth hike since last March, which brings it to a range of 4.75% to 5%. The Fed Funds Rate…

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  •       Mortgage Bankers Association (MBA): “Long-term rates have already peaked. We expect that 30-year mortgage rates will end 2023 at 5.2%.”
  •                   National Association of Realtors (NAR) senior economist and director of forecasting, Nadia Evangelou: “If inflation continues to slow down—and this is what we expect for 2023—mortgage rates may stabilize below 6% in 2023.”
  •                   Freddie Mac: Forecasts the average 30-year mortgage rate to start at 6.6% in Q1 2023 and end up at 6.2% in Q4 2023.
  •                   The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily.
  •                   If rates continue to drop now, buyers could return to the housing market…

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Baby's got back(YARD) - Don't miss this stunning EAST facing home in the heart of Snoqualmie Ridge with one of the best backyards in the Ridge. This home features mountain views, wood floors throughout the the main floor, newer carpet, white millwork, new heat pump with AC and newer water heater. Chef's kitchen with double ovens, gas range, plus large pantry area. Dining room flows between the kitchen and spacious family room with gas fireplace and plenty of natural light. Upstairs find a large loft with built in Murphy bed, 2 more bedrooms, fully bath and tranquil primary retreat. Remodeled primary bathroom with custom oversized shower, tile floors, dual vanities and walk in closet. Relax and sip a cup of coffee as you take in all the nature has to…

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Calling all sellers. Do you want a quick home sale at a higher price, even in this troubled real estate market? Then open your calendar to April, uncap a bright yellow marker, and highlight the week of April 2–9th. This seven-day stretch has been identified as the best week to list your home in 2023.

Just how much extra cash can a seller potentially pocket and how fast can a home go from a new listing to the closing table?

During the best week to list, home prices are expected to be $8,400 higher than the typical week—and a whopping $48,000 above where we estimate price to be only 30 days later during May of 2023. Real estate listings are expected to receive 16.4% more views than in the typical week.

When is the best time to sell?

And…

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  •                   Mortgage Bankers Association (MBA): “Long-term rates have already peaked. We expect that 30-year mortgage rates will end 2023 at 5.2%.”
  •                   National Association of Realtors (NAR) senior economist and director of forecasting, Nadia Evangelou: “If inflation continues to slow down—and this is what we expect for 2023—mortgage rates may stabilize below 6% in 2023.”
  •                   Freddie Mac: Forecasts the average 30-year mortgage rate to start at 6.6% in Q1 2023 and end up at 6.2% in Q4 2023.
  •                   The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily.
  •                   If rates continue to drop now, buyers could return to the…

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Weekly Review
Newsletter - 03/13/2023

Week of March 6, 2023 in Review

A deeper look at labor sector data shows the job market may be weaker than the headlines suggest. Plus, the latest forecast on home price appreciation and the Fed’s vow regarding inflation:

  • Jobs Data Shows Cracks in the Labor Sector
  • Leisure and Hospitality Led the Way in Job Gains
  • Continuing Jobless Claims Match 14-Month High
  • Home Prices Still Forecasted to Appreciate This Year
  • Fed Vows to “Stay the Course” in Inflation Fight

Jobs Data Shows Cracks in the Labor Sector

The Bureau of Labor Statistics (BLS) reported that there were 311,000 jobs created in February. While this was stronger than estimates, revisions to the data from December and January…

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If you’re the type of homebuyer whose mood soars or plummets depending on the latest mortgage rates, then this week was a tough one.

Mortgage rates continued to climb this week, with the 30-year loan averaging 6.73%, Freddie Macreports. Rates began climbing more than a month ago and are now prompting concerns that they could again head back above 7%. This means today’s homebuyers will have to pay almost 50% more per month for home than they would have just a year earlier.

Still, economists are largely forecasting rates to trend downward in 2023, even if there are some blips ahead.

For now, “rates may rise further in subsequent weeks, depending on how strong other economic data is,” says Nadia Evangelou, senior economist and director of real…

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Happy Monday,

 I wanted to share some (really) exciting happenings-

  •       First and foremost, I was able to get some of our family friends signed around on this beautiful townhome in Suncadia (we are thrilled to have more neighbors that we love:)! There are some great deals to be had and this is one of them; I was able to negotiate all  the BEAUTIFUL furnishings (literally straight out of a magazine) and my clients got it for less than list price!! *Click the link to see this beautiful home and the stylish furnishings! https://hailey.thecascadeteam.com/listing/2040582-30-wildflower-loop-16-cle-elum-wa-98922/

  • Suncadia announced that they will open the Rope Rider Golf Course at the end of the month if conditions permit. Prospector…

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How many of you like me are hoping for a new pool in the Snoqualmie Valley? Did you know that the Si View pool was built 84 years ago and is looking and feeling a bit tired. If you are interested in voicing your opinion there will be a meeting Wednesday April 19th at 6:30 

Join on your computer, mobile app or room device Click here to join the meeting
Meeting ID: 297 575 316 302
Passcode: DLtJpK Would love to know the what you think the pros and cons might be for a new pool for our area. 

https://www.siviewpark.org/newpool.phtml?fbclid=IwAR25LpFsR9QxnNAWF9EXO8bygvJxtXPb62CWQCEKEMy4llulNtxvtvRkxbg

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