Johnson Team Real Estate

Your Bellingham Real Estate Resource

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Real Estate in Motion

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Analyzing the recent pending ratios in Whatcom County—a snapshot of real estate dynamics in motion. 🏡✨ Curious about the ripple effect of these ratios on your real estate plans? Dive into the details with us! Connect with Johnson Team Real Estate for personalized insights at 360.303.2734. 🏡📈 Continue Reading about Real Estate in Motion

Stay Informed with The Current Interest Rates

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Thinking of buying, selling, or refinancing? Interest rates are the rates at which money can be borrowed for a set period of time. The higher the rate, the more money a borrower must pay in the form of interest on the loan. When mortgage rates are lower, this makes the purchasing of a home more affordable. Although the cost of mortgages is closely tied to the interest rate, the price at which Continue Reading about Stay Informed with The Current Interest Rates

The Perfect Home Could Be the One You Perfect After Buying

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There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the norm. These are two of the biggest hurdles buyers are facing today. But there are ways to overcome these things and still make your dream Continue Reading about The Perfect Home Could Be the One You Perfect After Buying

When You Sell Your House, Where Do You Plan To Go?

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If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options. But you may also be wondering, once you sell, how does the current supply impact your own move? And, will you be able to find a home you want to buy with inventory this low? One thing that can Continue Reading about When You Sell Your House, Where Do You Plan To Go?

Navigate Today’s Market with These Numbers

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Thinking of buying, selling, or refinancing? Interest rates signify the costs associated with borrowing money within a specified period. Elevated rates result in increased interest obligations for those borrowing. Reduced mortgage rates, on the other hand, improve the feasibility of acquiring homes. Although mortgage expenses are closely tied to interest rates, the sale prices of homes do Continue Reading about Navigate Today’s Market with These Numbers

Stay Informed With Today’s Mortgage Rates

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Interest rates represent the charges for borrowing money over a specific timeframe. A higher rate necessitates greater interest payments for borrowers. Lower mortgage rates enhance the affordability of home purchases. While mortgage costs are intricately linked to interest rates, the selling price of homes doesn't consistently align with these rates. Thank you, Sidney Stonecypher at Continue Reading about Stay Informed With Today’s Mortgage Rates

Why the Economy Won’t Tank the Housing Market

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If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead to a rash of foreclosures similar to what happened 15 years ago. However, the latest Economic Continue Reading about Why the Economy Won’t Tank the Housing Market