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Home Knowledge Homeowners Have Incredible Equity To Leverage Right Now Homeowners Have Incredible Equity To Leverage Right Now Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The […]
Video Blogs Weekly Update – May 24th
Economy The Impact of Inflation on Mortgage Rates If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard […]
Video Blogs Weekly Update – May 17th
Market Advice The Best Time To Sell Your House Is When Others Aren’t Selling If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April […]
Market Advice Eastside Stats – May 2023     Pricing has been a roller coaster, to say the least. The Eastside is down 16% year-over-year, but up 10% since January. Before prices started to drop/correct they rose a whopping, clearly unsustainable, 31% in 7 months, from September 2021 to April 2022. Then, from April 2022 to August 2022, prices dropped/corrected 22% over […]
Video Blogs Weekly Update – May 9th
Market Advice Buyer Activity Is Up Despite Higher Mortgage Rates If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint […]
Video Blogs Weekly Update – May 3rd
Market Advice A Recession Doesn’t Equal a Housing Crisis Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As […]
Video Blogs Weekly update – April 26th
Market Advice What Are the Experts Saying About the Spring Housing Market? The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s […]