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

Sellers, It’s Smart to Consider a
Pre-Listing Home Inspection

 

If you’re selling your house, you will need to obtain a home inspection report one way or another. Traditionally, the buyer purchases a home inspection to make sure they are buying a sound, solid home that’s free of major defects. Why not stay one step ahead of the buyer and have your home inspected beforehand?

Your Home Will Be in Tip-Top Shape
By getting a home inspection before listing your property, you can discover any problems... Read More

Design Ideas to Give Your Front Porch Irresistible Charm

 

Use these decorative touches to provide a more charming welcome to your home and add instant porch appeal. Set a budget for your makeover and get started on revamping your porch today.

Stylish Porch Rails
Give your front porch a modern look with a stylish vinyl rail. According to Architect magazine, vinyl rails are better than wood for several reasons. Vinyl rails won’t rot... Read More

The Latest in Home Trends, According to Pinterest

 

Pinterest has a track record of accurately predicting upcoming trends, with 80% of their reported predictions for the past three years coming true. So what can we expect for 2023? Here are some trends that Pinterest predicts will be popular:

The Home Entrance
Homeowners will focus on improving the outdoor landing area of their homes, with boomers and Gen... Read More

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.

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.

Unlocking Significant Energy Bill Savings with Solar Panels

 

If you’re looking to reduce your energy bills, installing solar panels is a smart choice. While the upfront cost may seem high, the long-term savings make it worthwhile. Fortunately, there are programs and rebates available to help offset the initial expense. The amount you can save will depend on factors like your location, electricity rates, and energy usage.

Cost Analysis: Investing in Solar Panels
According to Forbes Home, the average cost of solar panels in the United States is $16,000 as of early 2023. However, prices can range from $3,500 to $40,000, depending on where you live and the type of solar panel system you choose. Areas with more sunlight... Read More

Despite Recent Declines, Home Sales Expected to Rebound

 

Sales of existing homes declined slightly in March, according to the National Association of Realtors (NAR). Three out of the four major sales regions in the country reported month-over-month decreases, with sales steady in the Northeast. However, year-over-year sales declined in all regions. Yet with consumer price inflation starting to ease, and with a boost in apartment construction expected to lead to declining rents, Lawrence Yun, chief economist for NAR, remains confident in the market. “The Federal Reserve’s monetary policy will surely shift from tightening to neutral to possibly loosening over the next 12... 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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