•          High mortgage rates make it difficult for prospective homebuyers to enter the market.
  •          Mortgage rates could decline if the Federal Reserve cuts interest rates next year.
  •          Here are nine projections from experts on when the Fed's first-rate cut will come.

High mortgage rates have effectively frozen the US housing market. And while lower rates could be on the horizon, Americans might have to wait awhile.

The average rate for a 30-year fixed-rate mortgage is over 7.4%, up from roughly 3% at the beginning of 2022. This has deterred prospective first-time homebuyers from taking the plunge and made existing homeowners reluctant to sell their homes and buy another — they'd rather stick with the super low rates they…

1607 Views, 0 Comments

This is a great time to purchase a home, less competition from other buyers plus there may be  more seller incentives. Contact me to discuss!

Current market conditions for September 2023:

“For the best possible outcome, we’d first need to see inventories of homes for sale turn considerably higher,” Gumbinger says. “This additional inventory, in turn, would ease the upward pressure on home prices, leveling them off or perhaps helping them to settle back somewhat from peak or near-peak levels.” And, of course, interest rates would need to cool off. But Gumbinger says don’t hope they cool too quickly. Rapidly falling rates could create a surge of demand that wipes away any inventory gains, causing home prices to rebound.

Click on the link below to…

712 Views, 0 Comments




Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs.

Fortunately, you may be in a better position to make a move than you realize. Here are a few reasons why.

Consider How Long You’ve Been in Your Home

From 1985 to 2009, the average length of time homeowners stayed in their homes was roughly six years. But according to the National Association of Realtors (NAR), that number is higher today. Since 2010, the average home tenure is just over nine years (see graph below):

This means many homeowners have been living in their houses…

582 Views, 0 Comments

In today's wild market, there are plenty of bad ideas on both sides of the buyer/seller equation. Here's how to correct those misconceptions so that everyone can get what they want.

The current market has buyers and sellers on pause. Interest rates have certainly put a damper on many would-be buyers and sellers’ plans. Depending on their budget, where they want to go or what kind of property they are looking for, inventory may be a concern, as well as insurance. 

Everyone seems to be in a state of flux. Many would-be buyers who are renting are continuing to do so, even though the landlord raised their rent, and while not ideal, they don’t know what else to do.

Sellers, despite being able to cash out and make some good equity, cannot make the…

1512 Views, 0 Comments

Some buyers think that to buy a home you have to put 20% down, but that's NOT THE CASE! The average down payment for First-Time Homebuyers is actually just 6%! Here’s a look at a comparison of the down payment some THINK you have to put down (20%) vs a more realistic down payment! Let’s chat if you’re ready to make the leap towards homeownership!


560 Views, 0 Comments

Here is your August market update for Snoqualmie!

  • Average DOM- 8 days
  • Median Price- $1.05
  • New Listings-22
  • Months of supply- 1.3

If you need to relocate or starting a new adventure elsewhere, I am happy to help get your home ready to sell or help you find your new place to call home! Serving Snoqualmie and surrounding! 


539 Views, 0 Comments