Average Seattle Home Prices Still Below 2007 Peak Prices
The Case Shiller Index rose by 5.4% year-over-year through February . The Seattle region rose by 11% – still -1.7% from the peak in 2007. In the most sought after areas and the upper end prices are above the 2007…
Cost vs Value of Remodeling
Improvements to your property usually have a positive impact on price when it comes time to sell. According to the website remodeling.hw.net, improvements to curb appeal and energy efficiency caused an overall gain in remodeling project payback in their 2016…
Supply and Demand
You may look at this graph and insist there is a real estate bubble forming once again. This is not a result of a housing bubble because this time the market has skyrocketed because real people with real jobs that…
Don’t Miss These Home Tax Deductions
Owning a home can pay off at tax time. Take advantage of these home ownership-related tax deductions and strategies to lower your tax bill: Mortgage Interest Deduction One of the neatest deductions itemizing homeowners can take advantage of is the…
Housing Expectations for 2016
This infographic gives an overview of what we can expect in 2016 for the housing market and the economy. More Information See the data. Read the news release about the data. Watch a video of Lawrence Yun giving his forecast…
What Fed. Rate Hike Means
“These are extraordinary times.” Bon Jovi. The Federal Open Market Committee marked the end of an “extraordinary seven-year period” Wednesday when it announced the first increase to the Fed’s benchmark Federal Funds Rate in nearly a decade. This rate, which…
Buying an Investment Property – How and Why
Purchasing investment properties can be the key to building long-term wealth. Whether the intent is to purchase single family residences or a multi-plex property for rentals, the wealth built may seem incremental in terms of what you might see every…
Why You Should Work with a Full Time Real Estate Agent
With the advent of the internet and different broker and brokerage business models, there are a number of ways you can buy or sell a home these days. The key is to find a solution that works best for…
Should You Save For A Larger Down Payment?
Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase…
Real Estate Mythbusting: Fact or Fiction
There are many myths in the world of real estate. However, believing something is a fact rather than the myth it is could hurt you when you are trying to buy or sell. Below are some of the most common…