Seven Guaranteed Ways to Scare Away Buyers When Selling Your Home
Selling your home takes a combination of preparation and hard work. However, your chances of selling will be hindered if you make any of the following common mistakes before welcoming a viewer into your home.
1. Overly Quirky Decor. Overly quirky artwork and ornaments should be toned down. Replace excessively striking accessories, paint colors, and floor coverings... Read More
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These Decor Trends Will
Set the Mood for Fall
Decorating your home for the fall season can create a cozy and inviting atmosphere. Here are the top three fall decorating tips to help you achieve a warm and festive look:
Embrace Autumn Colors
This season, jewel tones will take center stage. Deep burgundies, luxurious purples, emerald greens, and royal blues are bold colors that offer a fresh take on the classic... Read More
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The KonMari Method: A Once-and-for-All Decluttering Technique
Are you often overwhelmed by clutter in your home or office? If the mess continues to build up, despite your best efforts, it might be time to discover a new solution. Try the KonMari Method, developed by Marie Kondo, a Japanese cleaning consultant with a lifelong passion for tidying.
In her book “The Life-Changing Magic of Tidying Up,” Kondo shares her philosophy and perfected... Read More
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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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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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Home Prices Rise as Inventory Shortages Continue
For the fourth time, the median existing-home sales price climbed above $400,000, according to the National Association of Realtors (NAR); in July, it reached $406,700, a 1.9% year-over-year increase. Across the country, prices rose in the Northeast, Midwest, and South but remained stable in the West. According to Lawrence Yun, chief economist for the NAR, most homeowners are benefiting from the price increases, as their wealth continues to grow. “However,” he added, “many renters are concerned as they’re facing growing affordability challenges because of high interest rates... Read More
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Sellers, You Can Still Get a Great Price for Your Home
As mortgage rates continue to climb, many have anticipated a significant drop in home prices. However, that hasn’t happened yet and is unlikely to occur anytime soon. In fact, property prices remain high and are even rising in some markets. Here are several factors contributing to high property prices:
Very Low Inventory
The real estate market is experiencing an unprecedented shortage of available homes. Compared to past “normal” years, there are only about half as many homes for sale. This scarcity has created a competitive environment where demand exceeds supply, leaving buyers motivated to find a home... Read More
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Past Newsletters
In case you missed a previous newsletter, all of my Out of Bounds Realty newsletters can be found here.
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