by Marti Reeder | Nov 2, 2022 | Home Buying, Home Ownership, Home Search, Home Selling, Misc.
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
by Marti Reeder | Sep 21, 2022 | Finance, Home Ownership, Home Search
In July, inflation numbers declined slightly to 8.5% from June’s 40-year high of 9.1%. Food, gas, and clothing have all become more expensive, yet salaries haven’t increased at the same pace, leaving gaps in monthly budgets. Households have felt the strain of elevated...
by Marti Reeder | Aug 31, 2022 | Home Buying, Home Ownership, Home Search
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...
by Marti Reeder | Jul 27, 2022 | Home Buying, Home Ownership, Home Search
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the...
by Marti Reeder | May 25, 2022 | Home Search, Market Conditions, Real Estate
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value....
by Marti Reeder | Mar 4, 2022 | Design, Home Ideas, Home Ownership, Home Search, John L. Scott, Kent, King County, Misc., Moving, Neighborhood, News, Real Estate, Washington
So much has changed since the onset of the pandemic two years ago! Who could have guessed how many ways our lives would be affected? Now it’s 2022, and remote work from home continues to be popular as employers try to balance the need for productivity with the health...