Real Estate - Keeping it Simple

We are seeing more homes come on the market and with those for sale we are seeing homes selling, some selling for over their asking prices!

Yes, home loan interest rates are edging downward! Appears to be a strong Spring market with some homes selling over their asking price

We are headed into our Spring market and are seeing a little more inventory, but not really, as homes are selliing, especially if they are priced accordingly. Yes, interest rates are edging downward and if they continue to do so we will see more buyer activity and if we do get more buyer activity with our current inventory of homes we will start seeing multiple offers and rising home prices.

As well as some added thoughts on getting approved for financing if you are serious about looking for a home, as a buyer, and getting your home ready to sell if you are a seller. Thanks for listening!

As expected, lower inventory in the month of December and likely attributed to the earlier wind storm and the holiday season. The Spring market will provide us with better information on how the 2025 real estate market will trend for these three counties in Washington State.

Our inventory has dipped again and am seeing even less inventory in Decmember. If we get lower home loan interest rates in the 1st quarter of 2025 we will see increased buyer traffic as well as increased home prices.

I added some thoughts on how to get ready to start your home search and some things to do to get your home ready to sell if you are a seller. I am also suggesting that you do the research as a buyer and seller to make sure that the information provided by the seller to the buyer is true and correct as the sellers have an obligation to represent their home with reliable and accurate information.

Good news for buyers - inventory has increased this past month, yet good homes are still selling qucikly. We are seeing some price adjustmenst as well and those new prices are making those homes very attractive. Good time to be a buyer and YES still a good time to be a seller. 

Even with interest rates slowly going down we are seeing an increase in inventory, and adjusted asking prices, yet homes are still selling. I belive that this fall we will see more buyer activity and inventory decreasing due to lower interest rates.  Have also included in this Podcast some thoughts on VA and FHA assumable loans and my thoughts on getting your home ready to sell to maximize your selling price.

We are seeing a bump in inventory, not much, yet if interest rates continue to move downward the inventory is likely to decrease with increased buyer activity. We are seeing, in some markets, multiple offers and homes selling over their asking prices.

Seeing a bump in inventory yet several properties are selling with multiple offers, even with rising interest rates.

A few examples of why good buyer brokers are worth every penny you spend on having them represent you as those good brokers do far more than "just" opening a door for you. Their value is way beyond showing you homes!

Starting to see a little more inventory to select from yet good homes that are priced well are selling in less than a week. Interest rates are down to 7% 30 year fixed this week.

This Podcast includes a letter sent to ALL NWMLS members in Washington State so I  decided to share that letter with you so that you had "real" information instead of how the media spins things. If you would like more information feel free to reach out to me.

Again, homes are selling and prices continue to go up, yet we still have very low inventory!

Yes, the Spring real estate market is underway, seeing a few more properties come on the market, yet even with higher interest rates homes are still going up in value and selling quickly

As we go forward and tranistion to the new state law I wanted to share my insights on the obligations of buyers agents  as they represent buyers, as it pertains to the new law. Feel free to reach out with any questions or concerns.

Yes, even with low inventory we are seeing homes sale, with some homes getting multiple offers.