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What Does A Contingent Offer Mean?

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There have been 21 homes that accepted a contingent offer. 🙌🙌What does having a contingent buyer mean?  📢 Business Shoutout! If you would like some great seafood, run by Barlean's Seafood on the corner of Slater and Lake Terrell Rds. They are FANTASTIC and the seafood is fresh.  Are you thinking of buying or selling in the current market? Let's talk about the benefits today! Continue Reading about What Does A Contingent Offer Mean?

Why Median Home Sales Price Is Confusing Right Now

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The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been Continue Reading about Why Median Home Sales Price Is Confusing Right Now

It Has Been Busy

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We are loving it! 💪💖⠀ We are grateful for all our clients trusting Johnson Team Real Estate for all their real estate needs. 🙌🙌⠀We would love to hear from you and your real estate goals! Call Johnson Team Real Estate today! You can reach us by calling 360.303.2734 or DM. ⠀ Continue Reading about It Has Been Busy

How Inflation Affects Mortgage Rates

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When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know. The Fed is trying hard to reduce inflation. And even though there’s been 12 straight months where inflation has cooled (see graph below), Continue Reading about How Inflation Affects Mortgage Rates

Fantastic Views in Ferndale

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Swing out to a fantastic view of the Northern San Juan Islands - Cute 2 bedroom 1 bath home on the hill. Easy location to access the beach below. Some recent upgrades- Roof , wiring and new bathroom. Quiet spot with some elbow room too-- detached garage with shop space, nice front yard with privacy hedge- all 1 level. Plenty of parking for boats and RVs- and friends to gather. 10 Minutes to I-5 . Continue Reading about Fantastic Views in Ferndale

How To Know If You’re Ready to Buy a Home

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If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are definitely a factor in your Continue Reading about How To Know If You’re Ready to Buy a Home

Pricing Your House Right Still Matters Today

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While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month and the average saw 3.5 offers in June. To Continue Reading about Pricing Your House Right Still Matters Today