Forward this email to a friend.

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

House Hunting? Look for These Three Things That Always Appreciate in Value

 

When looking for a home, one common piece of advice is to choose a property that will appreciate in value. However, value is subjective. For example, a dream home with an in-ground pool for one person might be a hassle for another. These three house hunting tips will aid you in objectively assessing a property’s potential and identifying the assets that tend to appreciate in value the most... Read More

Get Your Home Prepared for the Holidays with This To-Do List

 

As the holiday season approaches with a whirlwind of excitement, ensuring your home is clean, cozy, and prepared becomes a top priority. To make this festive season stress-free and enjoyable, here’s a guide on how to get your home ready for the holidays, along with some timely tips:

Prepare the Pantry
A clean and organized pantry is a game-changer during the holiday season. Take inventory of items... Read More

Creating a Welcoming Entryway: Tips for a Lasting Impression

 

Your entryway sets the tone for the rest of your home, so it should make a positive first impression. Here are five tips to enhance your entryway:

Make a Statement with Color: Bold and vibrant hues like deep reds or royal blues can create a sense of drama and excitement. Alternatively, soft and neutral tones such as beige or gray can establish a serene... 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.

Prices Rise Amid Slowing Sales and Tightening Supply

 

For the third month in a row, median home prices surpassed $400,000; at the end of August, median existing-home prices reached $407,100, an increase of 3.9% year over year. According to the National Association of Realtors (NAR), all sales regions in the country reported price increases. Yet these increases came despite lower home sales. According to Lawrence Yun, chief economist for NAR, “Supply needs to essentially double to moderate home price gains.”

Housing Supply Dynamics
Unfortunately, the country’s housing supply is a long way off from doubling. By the end of August... Read More

Seven Essential Tips for Listing Your Home over the Holidays

 

Are you considering selling your home over the holiday season? To kick-start the process, consider these seven key strategies.

Experienced Agent: Enlist the help of an experienced real estate agent who understands the nuances of the market and can guide you through the process.

Optimal Pricing: Set the right price to attract potential buyers without compromising on your profits. A well-researched comparative market analysis (CMA) can be invaluable.

Impressive First Impression: In today’s digital age, online... 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 you are already working with a broker, this is not meant as a solicitation for that business.


Not interested in receiving any further updates? Go here to unsubscribe.