Johnson Team Real Estate

Your Bellingham Real Estate Resource

fawn

Bridging the Gaps on the Road to Homeownership

by

Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the difference for diverse buyers. It's clear that achieving Continue Reading about Bridging the Gaps on the Road to Homeownership

Why So Many People Fall in Love with Homeownership

by

Chances are at some point in your life you’ve heard the phrase, home is where the heart is. There’s a reason that’s said so often. Becoming a homeowner is emotional. So, if you’re trying to decide if you want to keep on renting or if you’re ready to buy a home this year, here’s why it’s so easy to fall in love with homeownership. Customizing to Your Heart’s Continue Reading about Why So Many People Fall in Love with Homeownership

Home Equity Can Be a Game Changer When You Sell

by

Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains: “Home equity is the difference between your home's value and the amount you still owe on your mortgage. It Continue Reading about Home Equity Can Be a Game Changer When You Sell

2 of the Factors That Impact Mortgage Rates

by

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here are just a few of the most impactful factors at play. Inflation and the Continue Reading about 2 of the Factors That Impact Mortgage Rates

Are More Homeowners Selling as Mortgage Rates Come Down?

by

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options for your move is how few homes were on the Continue Reading about Are More Homeowners Selling as Mortgage Rates Come Down?

Experts Project Home Prices Will Increase in 2024

by

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with that fear, and you might be, too. To help ease that concern, here's what experts Continue Reading about Experts Project Home Prices Will Increase in 2024

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

by

If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not going back to the 3% we saw during Continue Reading about 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers