Expand your homebuying options with a fixer-upper mortgage

It’s the lament of first-time homebuyers in just about every housing market: There aren’t enough entry-level homes available that are move-in ready.One solution is to broaden the search to fixer-uppers. With a renovation mortgage, you can get one home loan that combines the purchase price with the cost of improvements.Not Enough Affordable LoansEntry-level homes are […]

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Why Are Existing Home Sales Down?

Where Are the Buyers? The latest Existing Home Sales Report by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthening, unemployment is down, and […]

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What Does the Future Hold for Home Prices?

Home Prices in Snohomish County

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as well as what we know about […]

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