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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Common Misconceptions Sellers May Have in a Hot Seller’s Market
If you’re ready to sell your home, you couldn’t choose a better time than during a hot seller’s market. Homebuyers are eager to find their dream home, but without enough homes on the market to meet the demand, bidding wars erupt, and many houses end up selling for over their asking price. It’s a seller’s dream.
However, be careful not to let rosy prospects lead you to unrealistic expectations. Here are some... Read More
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Making These Mistakes On Your Insurance Policy Could Be Costly
Most homeowners know how important home insurance is—but few truly understand all the details of their coverage. Not knowing these details can be costly.
1. Gaps in Coverage
Many homeowners have policies that fail to cover certain types of damage. For instance, flooding isn’t covered by standard insurance policies, yet floods are one of the most common natural... Read More
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Mortgage Rates Rise but Buyer Demand Remains High
Increasing mortgage rates and high inflation are taking a toll on the housing market. In March, existing-home sales decreased for the second month in a row, according to the National Association of Realtors (NAR). Year-over-year sales were down in every sales region in the country, while the West was the only sales region to not record a drop in month-over-month sales. Mortgage rates are expected to climb higher... 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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How to Create the Perfect Patio Garden over the Weekend
Your patio can be much more than a drab slab of cement. Design a miniature botanical garden over the weekend. This easy DIY project enhances your home’s beauty and increases your enjoyment of the outdoors.
Start at the Top with Hanging Plants
Use a step stool or a ladder to hang evenly spaced plant hooks around the perimeter of the patio roof. Choose heavy hooks that will withstand the weight of a fully mature plant. The plants will get plenty of sunshine... Read More
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Six Tips for Preventing Pests from Moving In
The last thing anyone needs in their busy schedule is a pest infestation. Prevent household pests like ants, cockroaches, or rodents with a few tips from Terminix, the pest control professionals.
Trim Trees and Shrubs
That flowering bush might look beautiful beside your home, but it could harbor countless pests. Note tree limbs overhanging your roof and shrubbery or mulch close to the foundation. Having them touch your house makes it easier for pests to enter.
Standing Water
Stagnant or standing water attracts a variety of pests. It doesn’t take a lot of water, either... Read More
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Past Newsletters
In case you missed a previous newsletter, all of my previous Out of Bounds Realty newsletters can be found here.
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