Monthly Archives: March 2022
Key Terms for Homebuyers
Key Terms for Homebuyers [INFOGRAPHIC] Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.... Read More
What to Look For When Choosing a Realtor Partner for Your Home Purchase or Sale
What to Look For When Choosing a Realtor Partner for Your Home Purchase or Sale There are over 8,800 Realtors in the Portland Metro area. How does one possibly decide who to work with? The odds are high that you know someone who is an agent or have a friend of a friend who is one... Read More
How To Navigate a Market Where Multiple Offers Is the New Normal
How To Navigate a Market Where Multiple Offers Is the New Normal If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate... Read More
Supply and Demand in Today’s Market
Supply and Demand in Today’s Market [INFOGRAPHIC] Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of... Read More
Are Home Prices Continuing To Rise?
Are Home Prices Continuing To Rise? Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal... Read More
Expert Advisor Will Give You the Best Advice in Today’s Market
An Expert Advisor Will Give You the Best Advice in Today’s Market Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side,... Read More