Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really mean? What Is a Sellers’ Continue Reading about What You Need To Know About Selling in a Sellers’ Market
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How Homeownership Can Help Shield You from Inflation
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile. If you’ve been thinking Continue Reading about How Homeownership Can Help Shield You from Inflation
Is It Time To Buy a Smaller Home?
Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer Continue Reading about Is It Time To Buy a Smaller Home?
What Is Multigenerational Housing?
Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home.Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes Continue Reading about What Is Multigenerational Housing?
Are you thinking of buying this Spring?
See What These Numbers Mean For You! 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 Continue Reading about Are you thinking of buying this Spring?
Parking Fees Are Coming To Fairhaven
Starting on May 1st,2022: It will cost you $1 an hour to park in both downtown Bellingham and Fairhaven. You have to pay to park in Fairhaven for the first time ever. Parking rates haven’t increased in Bellingham since 2008. Expired meter fines are also being raised to $30 starting May 1st. Continue Reading about Parking Fees Are Coming To Fairhaven
Rising interest rates not yet slowing home sales or “too concerning” for NWMLS officials
Latest Press Release - March Statistical Data KIRKLAND, Washington (April 7, 2022) - Rising mortgage rates are not yet slowing home sales in most areas across Washington state, according to several brokers who commented on the latest statistical report from Northwest Multiple Listing Service. The report showed a 7.4% year-over-year drop in pending sales, but brokers suggested the decline is Continue Reading about Rising interest rates not yet slowing home sales or “too concerning” for NWMLS officials
A Key To Building Wealth Is Homeownership
The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve as a vital Continue Reading about A Key To Building Wealth Is Homeownership