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

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.

Is That House a Fantastic Fixer-Upper or a Really Bad Investment?

 

Fixer-upper homes are attractive for many reasons, including a lower sales price, less competition, and a relatively higher potential for resale profit. However, just like any other investment, there is risk involved in it. For one, fixer-uppers, which entail more added costs for repair and remodeling, can quickly become a bad investment. Avoid having your dream house turn into a nightmare by identifying the thin line... Read More

Home Inventory Dips, but Available Homes Are Still Selling Quickly

 

For the seventh consecutive month, existing-home sales fell, according to the National Association of Realtors (NAR). According to Lawrence Yun, chief economist for NAR, the housing sector tends to be most impacted by interest rate policy changes from the Federal Reserve. “The softness in home sales reflects this year’s escalating mortgage rates. Nonetheless,” he added, “homeowners are doing well with near... Read More

Sensational Decorating Trends That Modernize Your Kitchen

 

Whether you prefer a traditional kitchen design, something more modern, or a completely unique space, there are so many different kitchen styles trending right now. You’ll be sure to find some inspiration with these options:

Marble Material  A marble backsplash is a very trendy option, with marble being the hottest material for kitchens this year. Look for a piece with a strong, visible... 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.

Investing in Real Estate to Secure Your Financial Future

 

In uncertain times, it’s natural to look for ways to ensure our financial security. One option that can provide peace of mind is investing in real estate. Here’s how real estate investing can help provide financial security.

Buying and selling real estate to make a profit is one of the oldest and most reliable ways to build long-term wealth. Real estate investments can be as simple as buying a property and renting it out, or as complex as developing a property. The key to success in real estate investing is finding sound investment opportunities and making smart decisions. With the current market conditions, now is a good... Read More

Three Tips Savvy People Know About Traveling During the Holidays

 

For many families, travel is a must when the holidays roll around. Unfortunately, the holidays are also the most stressful time for travelers, with delayed flights, long lines, and the chaos of thousands of people crowding airports. Here are a few tips on how to survive travel during the holidays. 

Go Before or After Peak Dates
You can avoid the peak holiday rush if you go earlier or later than most people. For example, going home two or three days before Thanksgiving or Christmas will usually mean you won’t have to fight your way through... 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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