One of the impacts of the low unemployment is the eventual raising of wages. While the housing market has slowed, appreciation still remains strong. Many would-be buyers fear that they are being priced out of the market. The truth is that finally we are seeing some increases in wages across the country and that leads to being able to still participate in the “American Dream”
Buying a home is an exciting experience, but it can feel a bit overwhelming if you don’t have the right information. Check out these helpful resources about the home buying process. When you’re ready, give The Eastside Real Estate Team a call at 425-200-4093 to tour available homes in the King County and Bellevue areas.
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.1% over the next year. … Continued
Is fear keeping buyers from the opportunity of a lifetime? Many buyers are concerned about what the way the market may be going. After years of an incredibly hot market the fear is keeping them for seeing what is really going on. The housing market just tapped it’s breaks. It’s not about going backwards and … Continued
Inventory on the Eastside just JUMPED in the last two months. Making more homes available is key for First time home buyers finding success in a challenging market. You may not have to hurry out to a listing or you may not find yourself in a multiple bid situation. Hurry and get pre-approved before interest rates jump again.
Purchasing a home with a mold issue isn’t desirable, but it also needn’t be a deal breaker. Mold can be removed, walls or other features replaced (if it comes to that), and the moisture issue that led to the mold growth can be repaired. Even so, buyers need to understand any mold problems that might … Continued
If you’re thinking about buying a home, you may be surprised when you apply for your first mortgage. You suddenly find out your credit score is too low and your dream of owning a home seems to be disappearing. Unless you can find a way to raise your credit score, but how? Many first-time home … Continued
A homeowners’ association (HOA) is a common element in many communities. The HOA is an organization designed to improve the quality of life for everyone within a community by enforcing certain rules and restrictions within the community. Some associations are very restrictive about what property owners can and cannot do with their property. The level … Continued
Purchasing a house can include a myriad of costs for which one must be prepared. These costs are typically assessed in the form of fees that are paid when the real estate transaction is closed, meaning when the title or deed is transferred to the buyer. While there are closing costs that typically need to … Continued
Your new home is one of the biggest investments you’re likely to make. Typically, such an investment requires some type of financing. The most common type of financing is a traditional bank loan. However, for those who are unable to get traditional financing, alternatives exist. One such alternative is seller financing. If you’re in the … Continued