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Real Estate News from Bob Ferguson
November 2021 Visit my Website | bob@outofboundsrealty.com

These Low-Cost Design Tips Will Revive Your Living Room

 

Are you tired of your current living room layout? It’s tempting to splurge on new furnishings, but that is not always practical or necessary. Before heading out to the furniture store, check out these easy ways to revitalize your current setup without spending any money.

Switch Up Your Seating Arrangement
One of the simplest ways to change the look of your living space is to rearrange your current seating... Read More

Five Tips to Ensure Your Escrow Is Trouble-Free

 

When you accept a buyer’s offer, your real estate transaction enters escrow—the period between contract and closing. During escrow, a neutral stakeholder holds the buyer’s cash and the seller’s deed while the buyer and seller fulfill the conditions of the contract. When the contract contingencies are satisfied, the mortgage is in place, and the title is certified, the escrow agent will date the deed, send the purchase... Read More

Thanksgiving Day Decor Ideas Inspired by Nature

 

Hosting the family meal for Thanksgiving this year? Bring your home to life with these easy, nature-inspired decor tips that will create a warm and festive atmosphere along with the food.

Nature-Inspired Decor
The bounty we find outdoors should be on display to inspire a grateful attitude for the simple joys of life. Get the children involved in gathering and decorating with... 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.

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.

Inventory Shortages and High Prices Slow Home Sales

 

After two consecutive months of increases, existing-home sales took a slight tumble in August, according to the National Association of Realtors (NAR). All four of the major sales regions in the country experienced both month-over-month and year-over-year sales declines. At the same time, prices across the country rose, leading many buyers to take a wait-and-see approach. According to Lawrence Yun, chief economist for the NAR, “Although there was a decline in home purchases, potential buyers are out and about searching, but much more measured about their financial limits, and simply waiting... Read More

Is Your Home Ideal for the Multigenerational Living Trend?

 

Multigenerational living continues to gain popularity, fueled in part by the pandemic. Families looking for larger homes to accommodate multigenerational living is at a nine-year high of 15%, according to data from the National Association of Realtors. The largest share of these homebuyers are people looking for a home that’s ideal for them and their aging parents.

This trend gives home sellers an opportunity to showcase features such as finished walkout basements and bonus bedrooms. Intergenerational living is far easier when each family’s subunit has its own space... Read More

Past Newsletters

 

In case you missed a previous newsletter, all of my previous 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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