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
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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
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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
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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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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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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
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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
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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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