Big Changes Coming in 2024
This year, Washington State passed a number of significant revisions to its Agency Law, which governs real estate brokerage relationships. These revisions are meant to modernize a ⚖️25-year-old law, provide additional transparency and protection to consumers, and acknowledge the importance of buyer representation. Here are the major changes you should know about: Starting on January […]
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Retiring Soon? Why Moving Might Be the Perfect Next Step
Retiring Soon? Why Moving Might Be the Perfect Next Step If you’re thinking about retirement or have already retired this year, it’s a good time to consider if your current house is still a good fit for the next chapter in your life. Fortunately, you may be in a better position to make a move than you […]
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Why Mortgage Rates Could Continue To Decline
Why Mortgage Rates Could Continue To Decline When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your home buying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One […]
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The Surprising Trend in the Number of Homes Coming onto the Market
The Surprising Trend in the Number of Homes Coming onto the Market If you’re thinking about moving, it’s important to know what’s happening in the housing market. Here’s an update on the supply of homes currently for sale. Whether you’re buying or selling, the number of homes in your area is something you should pay attention to. In the housing […]
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Instead of Buying the Perfect House, What About Making the One You Buy Perfect?
There are 2️⃣ common hurdles many buyers are experiencing today, higher interest rates and home prices. At the same time, there are still fewer homes available for sale to meet buyer demand. There are, however, ways to overcome these things, and still make homeownership a reality in 2024. It starts out with being strategic and […]
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10 Housing Predictions for 2024
Just announced were these 10 insightful predictions for 2024 from Matthew Gardner, Windermere’s Chief Economist. ⬇️ 1️⃣ Although some suggest there will be a housing bubble in 2024, I find this implausible. 2️⃣ Inflation and the economy are starting to slow, which leads me to believe that mortgage rates will drop to around 6% in […]
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When You Sell Your House, Where Do You Plan To Go?
If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options. But you may also be wondering, once you sell, how does the current supply impact your own move? And, will you be able […]
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The Benefits of Buying New Construction
The benefits of buying new construction ⬇️ New-construction homes come with many advantages that aren’t found in older houses. Here’s a few things of importance to note when making your decision to purchase new vs. resale. 1️⃣ New homes rarely need repairs/renovations. Oftentimes when purchasing a pre-owned home, the buyer will need to set aside funds to […]
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Experts Project Home Prices Will Rise over the Next 5 Years
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four […]
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