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Real Estate News from Bob Ferguson
April 2023 Visit my Website | bob@outofboundsrealty.com

Five Reasons Buying a Home Right Now Could Be a Smart Decision

 

Interest rates play a significant role in any homebuyer’s decision-making process, and understandably so. However, there are plenty of other factors that need to be considered when it comes to purchasing a home. Ultimately, the decision to buy a home should be based on whether it’s the right time for you, both personally and financially. Despite higher interest rates, buying a home can still be a smart decision... Read More

What You Need to Know Before Choosing a Home Mortgage

 

A home mortgage is the largest debt some people will incur in their lifetime, so understanding all the variables before closing is extremely important. Here are the basics:

Fixed-rate mortgages lock in the current mortgage interest rate for the duration of the loan. Ten-year and 15-year interest rates are often lower than 30-year rates... Read More

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.

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.

Easy, Breezy Spring Home Updates

 

Spring is a season of renewal. With the warmer weather comes a desire to update your living space and add some bright and cheerful touches.

Refresh Your Bedding | Give your bedroom a fresh new look for spring. Swap out heavy comforters and flannel sheets for lighter, more breathable fabrics like cotton or linen. Choose bright, cheerful colors and patterns... Read More

Find Your Organizational Style to Begin Spring Cleaning

 

Everyone loves an organized house. But when it comes to decluttering a space, there isn’t a one-size-fits-all solution. Find out what’s holding you back when it comes to organizing so you can purge your possessions without feeling hollowed out. Here are four different organizational styles:

The Sentimental Collector
You link tender memories to almost every object you own, making it difficult to let go. To solve the problem, take pictures of items before you donate them to a local charitable organization. A digital scrapbook of memories... Read More

The Housing Market Continues to Balance Out

 

The housing market is giving signs that home sales may be bottoming out. For the 12th consecutive month, existing-home sales dropped, according to the National Association of Realtors (NAR). January sales fell a slight 0.7% from December but were down 36.9% from January 2022. While every sales region in the country experienced declines in year-over-year sales, month-over-month sales increased in the South and West but declined in the East and Midwest. According to Lawrence Yun, chief economist for NAR... Read More

Past Newsletters

 

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

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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