Selling Your House? Know Your Local Real Estate Market
When it comes to selling your home, the phrase “all real estate is local” accurately describes how you should view your individual circumstances. National trends in real estate do not necessarily reflect what is happening in your town, city, or region. Prepare yourself to make smart decisions about the sale of your home with these five local real estate factors.
1. Know Your Market. A seller’s market has high demand and low inventory, resulting in quick sales... Read More
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Five Signs Your Roof Will Need to Be Replaced Soon
The roof over your head is a critical part of your home. Roofs protect you from rain, wind, and snow, and it’s easy to take them for granted. But if a roof is outdated, it can lead to people or property damage. Most roofing materials have a life span of 20-25 years, including wood shake roofs and roofs with fiber cement shingles. If you have a slate or copper roof, it can last twice as long. Weather and climate conditions... Read More
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Monthly Home Sales Jump, More Buyers Paying Cash
After 12 months of declines, existing-home sales increased in February, according to the National Association of Realtors (NAR). Sales saw the highest monthly percentage increase since July 2020. What’s more, every sales region in the country reported month-over-month sales gains; however, every region also experienced year-over-year declines. According to Lawrence Yun, chief economist for NAR... 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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Maximizing Storage Space in Your Home: Tips and Tricks
It seems like a house can never have too much storage space. After all, having a place to keep all your belongings can be the difference between having a cluttered home or a clean, well-organized one. Maximize your home’s storage space with these tips.
Declutter Regularly
The best way to improve storage space is by decluttering items you no longer need. Start by conducting a major spring cleaning and getting rid of items you haven’t used in years. Alternatively, you could decide to go through one area of your home each weekend and throw away or donate unused items to a charitable organization. Sort through old reading materials like magazines... Read More
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Boost Your Home’s Value with These High ROI Landscaping Projects
The National Association of Realtors and the National Association of Landscape Professionals have released a report titled “2023 Remodeling Impact Report: Outdoor Features,” which provides insights into the return on investment (ROI) of various landscaping projects. According to the report, certain outdoor features can increase a home’s value and attract potential buyers.
The Power of First Impressions
The report found that 92% of Realtors® suggest sellers improve the curb appeal of their homes before listing... 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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