Forward this email to a friend.

Real Estate News from Bob Ferguson
February 2022 Visit my Website | bob@outofboundsrealty.com

Five Tips to Make Buyers Want to Move In Right Away

 

It’s always a great idea to prepare your home before selling it. Putting in the effort to make your home feel warm and welcoming is worth it if you want to sell your home quickly. Make potential buyers feel right at home with these five tips.

1. Stage It to Sell
A decade ago it was mostly upper-end sellers who staged their homes for sale. Now it’s expected of every homeowner... Read More

Making Home Updates? Here’s Some Tips on Capital Gains Tax

 

When you sell a property, you pay taxes on your gain. In tax speak, the gain is the difference between what you paid for the property and the amount you receive on a sale. If you make more than you paid, the IRS wants a slice of the profit. This is called a capital gains tax.

Most of the gain you achieve when you sell your home is excluded from capital gains tax. A single seller keeps the first $250,000... Read More

The Best Houseplants to Purify Indoor Air, According to NASA

 

Besides adding color to your living room, houseplants can help clean the air you breathe. A study by NASA to determine the air-filtering abilities of indoor plants—for use in future space missions—found that many common houseplants can significantly improve indoor air quality. Here are a few:

Areca Palm
This lush, tropical palm will help clean your house of the toxins xylene and toluene... Read More

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.

Past Newsletters

 

In case you missed a previous newsletter, all of my previous Out of Bounds Realty newsletters can be found here.

Home Prices Expected to Rise Faster Than Inflation

 

Three sales regions in the country reported monthly gains in home sales, while sales remained steady in the fourth region. Yet when comparing year-over-year sales, only one region saw an increase in home sales, while the other three recorded sales decreases. There was more unity across the country when comparing existing-home prices, however, as every region saw price gains. Median home prices were up 13.9% in November from a year earlier, reaching $310,800. This marked the 117th month in a row of year-over-year price increases—a new record. Yet this record might come to an end in 2022. According to Lawrence Yun, chief economist for the National Association of... Read More

Good Scents Sell: Recipes for an Aromatic Open House

 

Aromatherapy expert Tom Havran has several ideas to help you sell your home. He crafts blends for aromatherapy product maker Aura Cacia. His first suggestion is an easy and sleek way to create a warm, comforting atmosphere that can help put potential property buyers at ease.

Vanilla Amber Aroma Crystals

Ingredients
1 cup coarse, chunky sea salt
1 tsp jojoba or grapeseed oil
25 drops vanilla essential oil
10 drops lavender essential oil
10 drops sweet orange... Read More

Mortgage Rates since 1971

 

Have you wondered just how good the good interest rates right now are? And where we’ve come from? Take a look to see what the averages looked like in the past.

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.



Not interested in receiving any further updates? Go here to unsubscribe.