Kick Off the New Year: Six Tasks to Complete in January
As the new year begins, it's beneficial to reflect on the past year of homeownership—what worked well and what could be improved. Taking time to review the previous year will enable you to set goals and make informed choices. Stay on the path to success in 2024 with these six practical and effective tips:
Rethink Your Budget
Incorporate expected upcoming changes, such as downsizing or a job promotion... Read More
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Tight Inventory Continues to Push Home Prices Higher
Existing-home sales declined in October across the country, according to the National Association of Realtors (NAR), with all four sales regions experiencing year-over-year declines. Month-over-month sales were unchanged in the Midwest but fell in the Northeast, South, and West. Fueling the sales declines were a lack of housing inventory and high mortgage rates, according to Lawrence Yun, chief economist... Read More
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Refresh Your Home Decor with Low-Maintenance Houseplants
Plants are a refreshing interior design accent that brings in a bit of greenery, and some varieties help purify the air. Even if you don’t have a green thumb, these five plants are very hardy and thrive with the least amount of water or light:
Aloe vera is popular for its medicinal properties. Its spongy, structured form also makes it a great indoor plant. It thrives... Read More
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Market Statistics Around the Puget Sound Region
The market has been very dynamic for years -- either a strong seller's market or a strong buyer's market. I've put together some graphs to show what's happening.
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Mortgage Rates since 1971
Interest rates have changed -- jumped, some say. But, looking at the past can put into perspective how good or bad the current rates really are. Take a look.
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Three Reasons Selling Your Home in Today’s Market Makes Sense
If you’ve been contemplating selling your home, now is the moment to turn those thoughts into action. Despite the shifting dynamics in the real estate market, the current conditions indicate that it’s still a favorable time to sell.
Prices Are Rising
Home values are on an upward trajectory, dispelling concerns about declining home values. While the pace has slowed from previous years, this deceleration signifies a return to a stable and sustainable market. Selling now comes with confidence as prices continue to appreciate... Read More
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Which Flooring Material Is Right for Your Home?
If you're starting a remodeling project or home renovation, your choice of flooring is the foundation for the rest of the room. A poor choice can be costly and disruptive if you have to replace it all later. Here are the pros and cons for the most common flooring materials:
Hardwood Has Timeless Appeal
Hardwood flooring, known for its durability and beauty, is a top choice for various spaces because it blends seamlessly with classic and contemporary designs. Maintenance is easy, but installation can be relatively costly. The investment often pays off by enhancing your home's resale value over a lifetime. Just keep in mind hardwood doesn't handle moisture well, comes... Read More
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Past Newsletters
In case you missed a previous newsletter, all of my Out of Bounds Realty newsletters can be found here.
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