Ron Erickson North West Real Estate Client Resources
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate Continue reading Buyers: Don’t Be Surprised by Closing Costs!
Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below Continue reading Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]
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The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Continue reading Will Your Side Hustle Buy You a House This Year?
Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the Continue reading Females Are Making It a Priority to Invest in Real Estate!
Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off Continue reading 7 Reasons to List Your House For Sale This Holiday Season
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), Continue reading The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is Continue reading Wage Increases Make Home Buying More Affordable
According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since Continue reading Home Sellers in Q3 Netted $61K at Resale
Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply Continue reading Are Homeowners Renovating to Sell or to Stay?