-

 nformation is brought to you by

Paul Frink
Berkshire Hathaway HomeServices Northwest Real Estate

Comments

Post a Comment

Popular posts from this blog

24% Of Renters Believe Winter Is The Best Time To Buy A Home

-
Image
In real estate, the spring is often seen as the ideal time to buy or sell a house. The term  “Spring Buyer’s Season”  exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to  Bank of America’s  annual   Home Buyer Insights Report , 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter comes in second at 24%. In many areas of the country, the spring and summer are the most competitive seasons for buyers. Families with children often want to move over the summer to make sure that their kids are ready for school in the fall. This often leads those families who haven’t found homes to buy to push pause on their search in the fall and winter months. This creates a great environment for buyers to find a home with less competition. According to  moving.com , schedu...
Read more

24 Hours That Suddenly Improved The Market

-
Image
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. Then, in a 24-hour window last week, things seemed to change. On Wednesday, the  National Association of Realtors’  (NAR) revealed in their   Existing Homes Sales Report  that home sales had  INCREASED  for the second consecutive month. The next day, NAR’s economic research team  announced  that the percentage of first-time buyers in the market was higher than last month and even higher than a year ago. What happened to turn around the downward momentum in the market?  You only needed to wait a few hours to find out. On the heels of NAR’s revelations,  Zillow  released their  November Real Estate Market ...
Read more