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Market Advice

Eastside Market Update March 2021

We finally have enough time/data for the stats to accurately reflect our extreme Seller’s Market. Let’s start with the insanely low 0.2 months of inventory, I believe that is a record low and clearly represents the market’s craziness. I usually dismiss the appreciation number, as it’s tricky to measure, but the 30% year-over-year appreciation seems […]
Video Blogs

April 7, 2021
Market Advice

How to Be a Competitive Buyer in Today’s Housing Market
Video Blogs

Weekly Update – March 31st

Market Advice Eastside Market Update March 2021 We finally have enough time/data for the stats to accurately reflect our extreme Seller’s Market. Let’s start with the insanely low 0.2 months of inventory, I believe that is a record low and clearly represents the market’s craziness. I usually dismiss the appreciation number, as it’s tricky to measure, but the 30% year-over-year appreciation seems […]

Video Blogs April 7, 2021

Market Advice How to Be a Competitive Buyer in Today’s Housing Market

Video Blogs Weekly Update – March 31st

Video Blogs Weekly Update – March 24th

Video Blogs Weekly Update – March 17th

Market Advice 2021 Real Estate Myth Buster

Home Knowledge To Renovate or Not To Renovate Before You Sell When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep […]

Economy 6 Simple Graphs Proving This Is Nothing Like Last Time Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors […]

Video Blogs March 10th Update – Stats!

Economy 5 Reasons to Sell Your House This Spring When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time […]

Home Knowledge What Are the Benefits of a 20% Down Payment? If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to […]

Economy Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to […]

Home Knowledge 3 Ways You’ll Win When You Buy a Home This Year There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain. If you’re a […]

Economy 3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. […]

Video Blogs Weekly Video: February 3rd

Home Knowledge What’s the Difference between an Appraisal and a Home Inspection? If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the […]

Economy What Experts Are Saying about the 2021 Job Market Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at the Wall Street Journal (WSJ), explains: “The […]

Market Advice Eastside Market Seasonality Our market has seasonal fluctuations, and we are in the crazy part of the cycle right now in January. What happens is January 1st, buyers want to buy and sellers want to sell. A buyer can simply jump online, or in the car, to start shopping; whereas, it takes a seller 4 to 6 […]

Uncategorized Eastside Market Update Inventory is at a historic low, which is very challenging for buyers. The saving grace is that interest rates are also historically low. Prices are up a staggering 17%, but with the low interest rates monthly payments have only increased 3%. For most buyers, it’s all about monthly payment because you live in the payment […]