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

Smart Home Investments for Your Money: 2023 "Cost vs. Value" Report

 

A home is often the largest investment a person will make in their lifetime―but it’s not a hands-off investment. Failing to make improvements to your home could cost you when it comes time to sell. Zonda Media’s 36th annual Cost vs. Value report polled over 6,000 Realtors to determine the total value renovations add to the sale price of a home. Here are the top five most worthwhile home remodeling projects... Read More

Have You Implemented These Nine Home Safety Essentials?

 

Moving into a new house is exhilarating, but don’t forget about home safety. Here are nine essential measures every homeowner should take as soon as they get the house keys:

Change the Locks
You don’t know who has copies of the old keys, so change out all the locks as soon as the property is yours. Don’t forget garage doors, shops, and alarm codes... Read More

Tips for Conserving Water in Your Landscaping

 

Use these tips to create an aesthetically pleasing landscape while also being mindful of water conservation.

Choose Native and Drought-Resistant Plants
Opt for plant species that are native to your region and can thrive with minimal watering once they are established. These plants are adapted to the local climate and require less maintenance... 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.

With Available Homes Selling Quickly, More Housing Inventory Is Needed

 

There was a slight improvement in the housing market in May, according to the National Association of Realtors (NAR), with existing-home sales increasing. While every region of the country posted year-over-year declines, month-over-month sales were variable, with the South and West seeing increases and the Northeast and Midwest seeing declines. According to Lawrence Yun, chief economist for the NAR, mortgage rates had an impact on the direction of home sales. "Relatively steady rates have led to several consecutive months... Read More

Ready to Make Your Move? Let Me Help You Find Your Dream Home

 

Are you ready to buy a home? Here are some essential real estate facts to help you get started:

Make a Must-Have List
Create a comprehensive list of features that are nonnegotiable for your new home, as well as those that would be desirable but not essential. This will help you prioritize your needs and ensure your family’s comfort.

Work with a Local Expert
Real estate agents are invaluable resources with extensive knowledge of contracts and negotiations. Partnering with a local expert will guide you through the buying process... 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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