These are general rules of thumb in a market that has high inventory and fewer buyers. For most recessions in the history of recording them, housing market did not dip below the trendline of 5% growth, EXCEPT for the housing crash of 2008. Overall there is slowdown of growth, which means that the value of your home just doesn’t climb as high as expected in an up market. In Seattle it’s yet to be seen if the economy can overall income can support a balanced market.
Read MoreThere are turn-offs, then there are deal breakers. When are looking for a house and can overlook a turnoff, you have a leg up over your competition. A realtor friend had a funny comment today about a listing that had its’ challenges “under the hood”, but was staged and beautifully presented. It had numerous offers and was loved by many buyers despite a little work that needed to be done. When I told her about this house, she said, “Super Cute Sells!” So so so true. When you can get past needing the dazzle, you might find a diamond in the rough. Here is what not to worry about when your are house hunting.
Read MoreBy now, you have probably already hit this hard and trying to spend as much time as possible outdoors. But, why not revisit, in case the rain comes and you are ready for another project? Whether you are planning to sell or not, this is something you’ll be glad you accomplished.
Read MoreEveryone is in the same boat, but dealing with different storms. I think it’s safe to say that all of us are revisiting finances and making sure things are streamlined and carefully watched. Here are some tips on how to take care of your credit and future, whether you are buying or keeping your home, this is great information.
Read MoreFor Sale By Owner is tempting. Especially in a market where houses seem to fly off the MLS in days. But, it’s not that easy. Here are some reasons why.
Read MoreAll you need to do is put yourself in the shoes of the other side. I can help with that, as I get to see the thought processes of both.
Read MoreSomeone asked what my Plan B is after this is done. To this, I say my plan is to find you a beautiful place to live, celebrate your joys, and share success with you. No Plan B for me, and here’s why….
Read MoreOne of the biggest challenges I have when discussing the listing process with sellers is explaining how much goes into preparing a home. Most sellers work extremely hard to prepare so that their house looks ready for a potential buyer. 99% of the houses I list need paint, deep cleaning, windows washed, furnaces serviced, and landscaping. That can add up, but rest assured, it promises to put your best foot forward so that the buyers can find no objections to writing it up.
Read MoreWhile things seem uncertain, unexpected changes are facing us each day, the psychology of buyers and sellers is to get out there while they can. As a buyer, you are looking at competing. Here are some tips on how to weather the low inventory (read: No good houses) storm.
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