Home Equity Explained: What It Is And Why It Matters
It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? What is home equity? Building home equity is a bit like investing in a long-term instrument, like bonds. Your…
Buying A Home Is Still Affordable
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits…
Multigenerational Housing Is Gaining Momentum!
Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a…
2021 Best Places to Buy a House in Seattle Area
The Seattle-area housing market has remained strong throughout the pandemic and — according to recent data — it is showing no signs of slowing down. With many workplaces adopting more flexible work-from-home policies, people have been given more freedom in choosing…
What Is The #1 Financial Benefit of Homeownership?
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as…
Do I Really Need 20% Down To Buy A Home?
I have been getting the question a lot lately from buyers if they need 20% down to buy a home. That may be true with an investment property or second home but for your primary residence that is not the…
Unlike Silicon Valley, Seattle dodges “techie exodus”
Many people have been asking me about the “techie exodus” from major tech cities like Seattle. The NW MLS just released this article regarding this topic:With pandemic-induced “work-from-anywhere” policies being implemented at countless companies, several urban areas are experiencing high…
Why Not Wait Until Spring To Make A Move?
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly…
Did You Outgrow Your Home in 2020?
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed…
With Home Values Surging, Is it Still Affordable to Buy Right Now?
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe…
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