Homebuyers Feeling Squeezed by Recent Increase in Mortgage Rates
The US mortgage market is now under increased stress recently as demand for homes is softening, primarily due to the rising interest rates for home loans. There has also been a slowdown in the number of homes sold in recent months.
Get A House Inspection Before You Put the House on The Market
Are you planning to sell your house? Consider getting your house inspected before putting your house on the market. When a licensed home inspector conducts a house inspection, he will examine certain home components and then produce a detailed report covering their findings. A typical inspection lasts two to three hours, and you should be […]
Five Things to Keep in Mind When Selling Your House
Every homeowner wishes to sell their house fast in a hassle-free way! Of course, it is possible but requires minimum effort to make it happen. Selling your house depends on various factors that you can control, and some are uncontrolled, like the local housing market or real estate market shifts. So, when you plan to […]
BN Real Estate Broker Advantages
BN Real Estate Broker Advantages The real estate industry is going through significant changes. It is progressing and evolving. Zillow, Redfin, and CoStar –– will continue to increase their influence on the industry. As profit margins shrink, pressure on other brokerages, large and small, will increase. Brokerages will pass this pressure on to individual brokers. […]
Are Homes for Sale Still Receiving Multiple Offers?
Receiving multiple offers for “Homes for sale“ is still happening all around the country, although this trend may be slowing down in some states. Multiple offers are usual when real estate markets substantially favor home sellers. In rare situations, it can even be odd to not have multiple offers.
Seattle’s chaotic and robust real estate market
How robust is Seattle’s real estate market? Consider these recent stats. The median sale price of a home in Seattle rose by 26.1% from the previous year. It was $737,800 at the end of May 2021. Almost seventy percent of properties in the Greater Seattle area sold for considerably higher than the asking price. On […]
How to get your house ready to sell for the top dollars that the market will support?
If you pay any attention to the housing market news, you know that we are currently amidst one of the strongest sellers’ markets. It has slowed down a bit in recent weeks. It is difficult to determine if it is the usual summer slowdown or if the market has run out of steam. This article […]
What is my home worth?
Live graphs give you current data What is my home worth? This question is the first step when people start to think about selling their house. Having the most current and up-to-date data about recent activity is crucial to answering this question. This blog post is unique. It includes live graphs that show you the […]
It is True! Real Estate Market on Eastside is WILD
I originally wrote this blog post about buying real estate on Eastside in March 2017 – exactly four years ago today. There was a general feeling back then that the market will slow down. About a year ago, when Covid19 hit us like a tsunami, there was a great deal of uncertainty about what was […]
Home Buyers and Home Sellers square off!
Our Real Estate market is vibrant, complex, and nuanced. Savvy buyers and sellers know that our real estate market is vibrant, complex, and nuanced. At BN Real Estate, we follow a nine-point home-buying system to serve our “buyer clients.” You can learn more specifics about this extremely effective approach here. For an in-depth understanding of […]