Selling a Home

Buying a Home 2023 Real Estate Goals The new year is just around the corner! If you are thinking you might want to invest or make a move next year let’s talk! My calendar is open starting in November for some afternoon/evening consultations. Let’s meet at the brewery of your choice or I can come to your home. We can do some […]
Buying a Home Current Shift In Inflation & Interest Rates It has been my goal to report to you accurate, real-time updates on the real estate market as we navigate the shift that started in May 2022. The two factors that have been the biggest contributors to this shift are inflation and interest rates. Inflation caused interest rates to rise by over 2-points over a […]
Buying a Home Shifting Market: How Interest Rates Affect Prices As we continue to examine the shift in the market, we must take a moment to take a deep dive into interest rates. Since the first of the year, long-term interest rates have increased 2.7% from 3.11% on 12/30/21 to the peak of 5.81% on 6/23/22, but have started to level out. On 8/4/22 rates […]
Buying a Home Decelerating Does Not Equal Depreciating Home Prices Did you know that decelerating home prices do not mean depreciating home prices? Price appreciation is starting to slow down. At the end of May 2022, complete year-over-year price appreciation was at record highs. At the end of July, Whatcom County’s Average Sold Price was down 6.3% compared to June. This means that we are […]
Buying a Home Quarterly Market Reports for Q2 2022 As we head into the second half of 2022, we are experiencing a shift in the real estate market. The market is starting to balance out after two years of an intense seller’s market. Q1 this year had the lowest amount of inventory we have ever seen, which put upward pressure on prices. With the […]
Buying a Home Still a Seller’s Market Did you know? It’s STILL a Seller’s Market. What does that even mean?! We can gauge who has more power in negotiations based on one simple thing. If no more homes were listed tomorrow—— how long would it take to sell ALL the homes currently available? This is “months of inventory”. Here’s how the power […]
Buying a Home Seasons of More Inventory Did you know that Spring and Summer are when we see the highest levels of inventory come to market in our region? Do you feel like you have been battling to win a house with such slim pickings? Well, now’s that time to stay in the game! More selection means more leverage! Sellers are still […]
Buying a Home Shifting Market: Perspective is Key “How’s the market?” is a question I am asked all the time. It is a common segue in casual conversation over the neighbor’s fence, at a party or family gathering. Now more than ever, the answer to this question is critical and detailed. You see, our market is experiencing a shift, a slowing down of price growth if […]
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Home Ownership Avoiding Capital Gains: When You Have a Ton of Equity and Want to Make a Move Did you know that over 50% of homeowners in Washington State have over 50% home equity? We have had 10 years of price appreciation, and the last 3 years have been record-breaking. The chart below shows complete year-over-year (the last 12 months over the previous 12 months) price appreciation for the seven main market areas in Whatcom […]
Buying a Home Spring Market in Bloom – Keeping Perspective is Paramount As we round out the first quarter of 2022 and head into the notorious Spring Market there are a handful of factors that should be considered whether you are a buyer or a seller. Paying attention to the anticipated increase in housing supply, monitoring buyer demand, and assessing the effects of rising interest rates on […]
Community UPDATE: Global influences on the Housing Market & Interest Rates A lot has happened in our world since the first of the year, specifically the rise in inflation and the recent Russian invasion of Ukraine. These factors can influence consumers and affect the housing and financial markets. Additionally, global unrest has had a clear influence on interest rates, driving them back down after a 1-point […]
Selling a Home ~ Proof of the Power of Staging ~ One of the first and most important things I do when helping clients prepare for listing their home is to do a thorough walk-through.  I learn about the home’s features, which elements to highlight and areas of particular interest or in need of updates or repair—we also make a plan for quick fixes that can help […]
Home Ownership When was the last time you were in your crawl space or attic?! I get it, no one WANTS to go in their crawl space or attic, that is where yucky things are… spiders, rodents, etc.  But those are the reasons you are looking!  Checking on these two spaces for indications of water or rodents is THE SINGLE best thing you can do to maintain your home. Here’s […]
Buying a Home The Windermere Bridge Loan Homeowners across our region are enjoying very healthy equity levels due to an amazing upswing in the real estate market over the last five years. In fact, the median price in Whatcom County is up 59% over the last five years. This growth in equity has given homeowners the exciting option to sell their homes […]
Buying a Home A Lending Update w/ Lena In light of the massive increase of unemployment due to COVID-19, the guidelines for obtaining a home loan are changing regularly.  If you are back-to-work and are looking to get pre-approved for a home loan, check in with your lender well ahead of time to be sure you can provide the proper income documentation.  Lenders […]
DIY Home Decor that Adds Value Getting ready to put your home on the market or just want to give it a fresh look? You probably have heard that professional photos and video increase the chances of your home being seen online! However, you’ve got to clean up your home a bit before we can get to the good stuff. It’s […]
Selling a Home Selling Your Home: A step by step approach Source: www.blog.windermere.com   Whether you’re starting a family, moving for your job, getting ready to retire or embarking on a new chapter in your life, when your home no longer suits your current situation, it’s time to think about selling it. Although this can be a bit complicated, with the help of your agent, you […]
Market Updates Empty Nesters: Remodel or Sell? source: www.blog.windermere.com   Your kids have moved out and now you’re living in a big house with way more space than you need. You have two choices – remodel your existing home or move. Here are some things to consider about each option.   Choice No. 1: Remodel your existing home to better fit your […]
Selling a Home Selling Your Home: The Impact of Staging Source: www.blog.windermere.com   How can you make your home more attractive to potential buyers? The answer is with some “home staging”. According to the Wall Street Journal, implementing some basic interior design techniques can not only speed up the sale of your home but also increase your final selling price. It all comes down to […]