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Why Buying a Home Is a Sound Decision | Your WA REALTOR®

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s helpful to keep the long-term view in mind. Experts project a return to a steadier rate of price appreciation in the years that follow.

What Buyer Activity Tells Us About the Housing Market | Your WA REALTOR®

It's important to note that mortgage rates hovered in the low 6% range in January, which played a role in the high number of showings. What does this mean? When mortgage rates eased, buyer interest climbed. The jump in home showings early this year makes one thing clear – while rates may be volatile right now, there are interested buyers out there, and when mortgage rates are favorable, they’re ready to make their move

4 Tips for Making Your Best Offer on a Home | Your WA REALTOR®

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer.

Equity Gains for Today’s Homeowners | Your WA REALTOR®

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

How To Make Your Dream of Homeownership a Reality | Your WA REALTOR®

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total of around five million homes will be sold in 2023. Why is there such a big difference? It’s partly because there can be challenges to buying a home.

Wondering What’s Going on with Home Prices? | Your WA REALTOR®

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Why Today’s Housing Market Isn’t Headed for a Crash | Your WA REALTOR®

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.

Should You Rent Your House or Sell It? | Your WA REALTOR®

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

Why You Shouldn’t Fear Today’s Foreclosure Headlines | Your WA REALTOR®

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today.

5 Questions to Answer Before Purchasing Your First Home. Buy Now or Rent Longer? | Your WA REALTOR®

Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.

Think Twice Before Waiting for 3% Mortgage Rates | Your WA REALTOR®

Avoid the Rental Trap in 2023 | Your WA REALTOR®

Are rent hikes leaving you feeling a little tight on cash? You’re not alone. Recent studies show that 3 out of 4 renters who have moved in the past year have seen their rent increase. And 2 out of 3 renters who have lived in the same place for over a year have seen rent hikes, too. Before making a decision about your future home, it’s important to understand the true costs of renting. Don’t get stuck in a lease you can’t afford.

Two Reasons Why Today’s Housing Market Isn’t a Bubble | Your WA REALTOR®