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Real Estate News from Bob Ferguson
May 2021 Visit my Website | bob@outofboundsrealty.com

These Six Desirable Features Are on Most Homebuyers’ Wish Lists

 

If you’re contemplating putting your home on the market, it’s a good idea to evaluate what your home has to offer and how it might stack up against the competition. Many buyers prefer features involving comfort and convenience. Here are six common features homebuyers look for:

Open Floor Plans
A spacious home is high on every buyer’s wish list. Open floor plans make even modest spaces... Read More

Ready to Sell? Give Your Home’s Exterior a Makeover

 

Spring is the time to refresh your house and yard with a deep cleaning and an exterior makeover. If you can’t manage this job yourself, then it’s worth hiring a professional service to do it for you.

Make the Exterior Sparkle
It’s essential for buyers to have a good first impression. Put in the effort to power-wash siding and walkways so that... Read More

Smart Ideas to Curb Closet Chaos

 

A few little tweaks can put your closet on the road to better organization. Instead of spending lots of money on closet organizers, invest in a few functional storage components and a lot of improved habits.

Declutter before you organize.
You can’t really organize your closet until you’ve shed some clutter. Go through your items and discard or donate... Read More

Market Stats Around the Puget Sound

 

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... Read More

These Financing Options Don’t Require a Large Down Payment

 

There are many people who would love to buy a home but don’t believe they can until they save up a 20% down payment. There are actually many solutions, including both commercial and government initiatives, aimed at helping people buy a home with lower down payment options. Here are three:

FHA Home Loan
Private lenders offer this home loan that doesn’t actually lend you money for a mortgage, but rather, offers a loan from an FHA-approved lender... Read More

With Inventory at Record Lows, Homes Are Selling Quickly

 

After two months of gains, existing-home sales declined by 6.6% in February. Yet, according to the National Association of Realtors (NAR), sales were still 9.1% higher than at this same time last year. What’s more, every sales region in the country posted year-over-year gains. According to Lawrence Yun, chief economist for NAR, “Despite the drop in home sales for February―which I would attribute to historically low inventory―the market is still outperforming pre-pandemic levels.” He warned that higher home prices and rising mortgage rates will affect home affordability, ultimately creating a slowdown in home sales growth. Yet, overall, Yun expects 2021’s... Read More

Bob Ferguson, 11423 20th Avenue S, Burien WA 981868
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice. If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.



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