Is Renting the Best Answer?
For some, renting is the best answer. Home ownership is not for everyone. This bnlog takes a candid look at renter vs homeowner.
Buyer Info
Buyer “No STRESS” Video
The internet and lazy brokers have convinced buyers across the country that they can find a home on their own without the guidance of a REALTOR®. This may be true, but at what cost?
What is a 2/1 temporary Buydown
As we see mortgage interest rates increase so quickly, the buyer pool in every price range moves down the ladder. Keep in mind that an interest rate increase of 1% reduces the buyer’s buying power by 10%. This means that a borrower that could comfortably afford a $1M property before the increase, can now only …
home Buyers Seeking Therapy
Inspired by an online article found at https://money.com/therapy-tips-cope-wild-housing-market/ Tom Perry -Realty Executives Brio…Bellevue, Wa. REALTOR® serving Seattle and Seattle’s Eastside A Realtor.com survey tells us that approximately 24% of the buyer pool has increased their current therapy schedule or started therapy because of the stresses and depression caused by the home buying process which …
Another Common Buyer Mistake
Another Common Buyer Mistake This is a Real-Life Financial Study of the Drawbacks to Waiting. Tom Perry REALTOR® There are a number of buyers that may be making this big mistake. They are waiting to purchase a home for the wrong reasons. Granted, some are waiting because of the time it can take to clean-up …
Conforming Loan Limit Increase Opens Buyer’s Options
Good News for Buyers – Conforming Loan Limit Increases Again!. Back in 2019, we were all excited when the single-family conforming loan limit for King, Pierce, and Snohomish Counties was increased to $741,750. That was Then … This is NOW! The conforming loan limit for King, Snohomish, Pierce Counties has increased again nearly 5% to $776,250. This could …
Conforming Loan Limit Increase Opens Buyer’s Options Read More »
5 Rules for Buyers to Compete and Win in Today’s Real Estate Market.
Rule 1: Select an Experienced REALTOR® before you even start your search! To be competitive in today’s market, you need to be prepared. Select an Experienced REALTOR® to educate and guide you through the process before you even start. There are so many important strategies, systems, tools, contract issues and decisions to be made. A …
5 Rules for Buyers to Compete and Win in Today’s Real Estate Market. Read More »
Look forward to multiple offers and win
Multiple offers are a reality in today’s real estate market. Why is this happening? The Greater Seattle area only has about 1 month of available homes in most every market under one million dollars. Some markets and price points are even lower. To really understand the impact of our low inventory levels, use a base …