by Marti Reeder | Feb 7, 2024 | Home Buying, Home Ownership, Home Selling, Interest Rates
As of late, the housing market seems to be in standby mode, ready to rev up if mortgage rates fall or further stagnate if rates rise. Currently, mortgage rates are toggling back and forth in the mid-6% range, down from the high 7% range in the fall of last year....
by Marti Reeder | Jan 31, 2024 | Home Buying, Home Ownership, Interest Rates, Mortgage
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last few years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot...
by Marti Reeder | Dec 8, 2023 | Home Ownership, Home Value, Interest Rates, Real Estate
Inventory Tightens up Over the Holidays Real estate has a seasonal trend. Each winter, we see a dramatic decrease in the number of new resale listings during the holiday season with the first of the year as the low point for unsold inventory. Additionally, a low...
by Marti Reeder | Oct 18, 2023 | Interest Rates, Mortgage
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like...
by Marti Reeder | Apr 5, 2023 | Home Buying, Interest Rates
Interest rates play a significant role in any homebuyer’s decision-making process, and understandably so. However, there are plenty of other factors that need to be considered when it comes to purchasing a home. Ultimately, the decision to buy a home should be based...
by Marti Reeder | Sep 15, 2021 | Budgeting, Equity, Finance, Home Buying, Home Equity, Home Selling, Home Value, Interest Rates, Listings, Mortgage, News, Newsletter, Pricing a Home, Real Estate, Refinancing, Taxes, Washington
Often when I meet with sellers who are considering a future move, one of the issues that comes up is their current mortgage balance aka what they own on their home. A seller’s focus is always what they will walk away with when their home is sold – their net...