#1 Agent in Social Media in Washington. REALTOR® with EXP Realty in Bellingham, WA., Seaplane pilot, family man. My goal is simple, to provide clients with world class trust and service. Your goals are my goals, and I want you as a client for life! Stop being treated like a "sale". I strive to build my Real Estate family and hope you come back to me later when you need to buy or sell your next home.
It is common knowledge that a great number of homes sell during the
spring-buying season. For that reason, many homeowners hold off on
putting their homes on the market until then. The question is whether or
not that will be a good strategy this year.
The other listings that do come out in the spring will represent
increased competition to any seller. Do a greater number of homes
actually come to the market in the spring as compared to the rest of the
year? The National Association of Realtors (NAR) recently
revealed the months in which most people listed their homes for sale in
2017. Here is a graphic showing the results:
The three months in the second quarter of the year (represented in red) are
consistently the most popular months for sellers to list their homes on
the market. Last year, the number of homes available for sale in
January was 1,680,000. That number spiked to 1,970,000 by May!What does this mean to you?
With the national job situation improving, and m…
Some Highlights:The Cost of Waiting to Buy
is defined as the additional funds it would take to buy a home if
prices & interest rates were to increase over a period of time.Freddie Mac predicts interest rates to rise to 4.4% by next year.CoreLogic predicts home prices to appreciate by 5.0% over the next 12 months.If you are ready and willing to buy your dream home, find out if you are able to!
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
Many potential sellers believe that waiting until Spring is in their
best interest, and traditionally they would have been right.
Buyer demand has seasonality to it, which usually falls off in the
winter months, especially in areas of the country impacted by arctic
temperatures and conditions. That hasn’t happened this year.
Demand for housing has remained strong as mortgage rates have
remained near historic lows. Even with the recent increase in rates,
buyers are still able to lock in an affordable monthly payment. Many
more buyers are jumping off the fence and into the market to secure a
The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2017 all fell in …