Has The Seller’s Real Estate Market Become Buyer’s Market?
Is the seller’s real estate market a buyer’s market? The straight answer is YES, the seller’s real estate market has become a buyer’s market! There are many reasons for this phenomenon, but the main one is that buyers can no longer rely on their down payment. With low-interest rates and months-long waits for financing, sellers […]
Has The Washington Housing Market Shifted?
The Washington housing market is booming due to increased demand for housing. Tech giants such as Microsoft and Amazon have been here for decades. Still, in recent years, companies like Google and Facebook, amongst numerous others, have set up their operations here as well. This influx of high-paying jobs has led to a spike in […]
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.