Real Estate

Real Estate A Surprising Shift to the ‘Burbs May Be on the Rise  While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to […]
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 […]
Real Estate Recession? Yes. Housing Crash? No. With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market?   What is a recession? According to the National Bureau of Economic Research: “A recession is a […]
Real Estate The Economic Impact of Buying a Home We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to […]
Real Estate A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of […]
Real Estate Three Reasons Why This Is Not a Housing Crisis Three Reasons Why This Is Not a Housing Crisis In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one […]
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Active listing 10 Steps to Buying a Home [INFOGRAPHIC]   Some Highlights: If you’re thinking of buying a home and you’re not sure where to start, you’re not alone. Here’s a guide with 10 simple steps to follow in the homebuying process. Be sure to work with a trusted real estate professional to find out the specifics of what to do in your local […]
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 Homeownership is the Top Contributor to Your Net Worth tly two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of […]
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 August Home Sales Statistics for the Eastside – August 2019 Click the following link for a pdf with all the stats you could imagine on Home and Condominium Sales on the Eastside (Redmond, Kirkland, Bellevue, Issaquah, Sammamish, etc.) EASTSIDE Residential And Condo PDF Link  
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 […]
Buying a home Why Access Is One of the Most Important Factors in Getting Your House Sold!   So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is access, followed by condition, financing, and price. There […]
Buying a home Lake Hills Real Estate Lake Hills Real Estate BACKGROUND Lake Hills is a post-50’s mass development planned community, built on a system of winding boulevards and quiet neighborhood streets. A community swim and recreation club, The Samena Club, and the Lake Hills East Bellevue Little League Field are also centrally located. The distinctive Lake Hills entry signs are reminiscent of the 50s-era housing style, and there […]
Active listing Don’t Be Spooked by the Real Estate Market! Starting your journey to buy or sell a home can be scary if you aren’t familiar with everything that needs to happen! That’s why you need a trusted advisor to lead you through the whole process. One that will educate you, help you get the best price for your home or make the best offer, […]
Buying a home Buyer’s Guide to purchasing a home The newest edition of the Mansfield Group Buyer’s Guide. It’s a handy reference tool that walks one through the steps to buying a house. Includes information on financing & mortgages, the home search itself, as well as info on closing activities. The Buyer’s Guide also includes a Glossary of Buyer’s Real Estate Terms that will […]