Luxury market

Active listing Why the Housing Market Is a Powerful Economic Driver With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things […]
Active listing What Impact Might COVID-19 Have on Home Values? A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.   The price of any item, however, is determined by supply and demand, which is how many items are available in relation […]
Active listing Uncertainty Abounds in the Search for Economic Recovery Timetable Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation. In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where […]
Active listing Existing-Home Sales Report Indicates Now Is a Great Time to Sell Based on the current state of the market, trends are shifting in favor of sellers. If you are going to sell, now may be the time to take advantage of the number of buyers who are searching for their dream home.   The best time to sell anything is when demand for that item is […]
Active listing You Need More Than a Guide. You Need a Sherpa. In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one.   In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can […]
Active listing What You Need to Know About the Mortgage Process [INFOGRAPHIC] Some Highlights: Many buyers are purchasing homes with down payments as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Your local professionals are here to help you determine how much you can afford, so take advantage of the opportunity to learn more. Ted Mansfield || Broker, […]
Buying a home How Does the Supply of Homes for Sale Impact Buyer Demand? The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise.   The price of any item is determined by supply, as well as the market’s demand for the item. The National Association of […]
Buying a home Top 5 Ways to Make Your Offer Stand Out If you’ve been looking for a new home, finding the right one is exciting. Now that it’s time to write the offer, however, you might be wondering what you can do to make sure the seller is impressed with your offer. Of course the easiest way is to offer cash significantly over asking price, but […]
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Buying a home Dispelling the Myth About Home Affordability We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last […]
Buying a home What Should You Look for In Your Real Estate Team? What Should You Look for In Your Real Estate Team? How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic […]
Luxury market Dreaming of a Luxury Home? Now’s the Time!  Monday March 19th, 2018  First Time Home Buyers, For Buyers, Luxury Market, Millennials, Move-Up Buyers If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. […]
Buying a home Eastside Market Review – 4th Quarter 2017 Our Eastside Market Review is now available for the fourth quarter of 2017. You can read the full report online by clicking the image below.
Buying a home Bidding wars – how long will they continue? Bidding Wars Abound… How Long Will They Continue? Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase. In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is […]
Finance Eastside Market Review Q1 2016 The lack of available homes for sale on the Eastside remains critical. Inventory, which traditionally increases in the spring, continued to shrink. As demand far outstripped supply, home prices on the Eastside overall increased by double-digits over the last year!  
Active listing Lifestyle Northwest – Latest Issue!