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

Three Big Things to Look for When House Shopping

 

Owning a home is part of the American dream, but during the exciting process of making a purchase, don’t overlook important structural components. It’s natural to gravitate toward a visually beautiful home that has eye-catching elements such as granite kitchen countertops, a large fireplace, an attractive patio, or a well-landscaped yard. These attractive parts of the house stand out, but what you don’t notice can end... Read More

Prep Your Home for Holiday Guests with These Tips

 

The holidays bring family together. But when that family is gathering in your home, it can mean weeks of planning, prepping, and cleaning. Ensure your next houseguests have a comfortable stay with these practical tips.

Restock and Refresh Your Fridge
Spend more time with family and less time in the kitchen by meal prepping for your guests. Make a few dinner dishes that are ready to go... Read More

What Do Higher Interest Rates Mean for Buyers and Sellers?

 

Interest rates are always changing, and it can be hard to predict when they’ll go up or down. Here are some ways higher interest rates have affected the housing market.

A Balanced Market
Home prices are still up compared to last year, but most experts agree that home prices have peaked and are starting to adjust in many markets. Ultra-low mortgage rates brought a large number... 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.

The Housing Market Is Adjusting to Higher Interest Rates

 

Housing interest rates are continuing to climb, with 30-year fixed mortgages approaching 7% in September. As a result, the housing market is experiencing a period of adjustment. According to Lawrence Yun, chief economist for the National Association of Realtors (NAR), “Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales.”

Housing Supply
Adding to the pressure in many markets is a lack of affordable homes... Read More

Nine Ways to Reflect Your Own Unique Style with Mirrors

 

There are more ways to accessorize your home than with just throw pillows and artwork. Using mirrors as decoration is the perfect way to instantly enhance any space. Here are some creative ideas for adding mirrors to your home decor.

Dining Ambiance
A mirror can do wonders for a dining room. Place a tall mirror hanging vertically or horizontally behind the table to highlight the space, adding depth and light.

Make an Entrance
Place a mirror in a mudroom or entryway so you can do an outfit check on the way in or out. If these areas... 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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