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How Will Trump Effect Real Estate?
President-elect Donald J. Trump‘s win could be good for the housing market, but it’s too soon to make any definitive comment. The president-elect ran on a platform of deregulation, and that bodes well for real estate because this could allow…
Buying to Renovate? Keep these tips in mind!
Because many areas are experiencing severe inventory shortages some buyers decide to buy something that isn’t quite perfect now, but they plan to make it perfect through renovation. If you are in that category, here are some things to keep…
The Cost of Renting vs Buying
Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median…
Strategy Around Capital Gains Tax
Although you have just recently purchased your home, the time to start planning for capital gains tax is now. We live in an area that not only has a history of rapid price appreciation, the higher cost of entry to…
A Look At New Construction – Housing Starts
With our population on the rise and housing demand high across the country, you might be wondering why builders just don’t build more homes to satiate the demand. According to the New York Times, the United States added 1.24 million…
Short-Term Housing Options – Successful Home Selling and Buying
If your home no longer suits your needs, a move may be in your future. Since many areas around the country have a shortage of homes for sale, you may be concerned about your ability to find your next home…
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…
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…