North Idaho Homes for Sale – Page 34 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

Should I Update My House Before I Sell It? [INFOGRAPHIC]

13 Nov

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be ... Read More about Should I Update My House Before I Sell It? [INFOGRAPHIC]

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Buying Myths· Down Payments· For Buyers· Time-sensitive

12 Nov

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty ... Read More about VA Loans: Helping Veterans Achieve Their Homeownership Dreams

What’s Happening with Home Prices?

For Buyers· For Sellers· Housing Market Updates· Pricing

11 Nov

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last ... Read More about What’s Happening with Home Prices?

How Sellers Win When Housing Inventory Is Low

For Sellers· Housing Market Updates· Pricing

10 Nov

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more ... Read More about How Sellers Win When Housing Inventory Is Low

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

First Time Home Buyers· For Buyers· Housing Market Updates· Interest Rates· Move-Up Buyers

9 Nov

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as ... Read More about Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

For Sellers· Housing Market Updates· Infographics· Selling Myths

6 Nov

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home ... Read More about Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

Why a Wave of Foreclosures Is Not on the Way

Distressed Properties· Foreclosures· Housing Market Updates· Pricing· Short Sales

5 Nov

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing ... Read More about Why a Wave of Foreclosures Is Not on the Way

Experts Project Mortgage Rates Will Continue To Rise in 2022

First Time Home Buyers· For Buyers· Housing Market Updates· Interest Rates· Move-Up Buyers· Pricing

4 Nov

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But ... Read More about Experts Project Mortgage Rates Will Continue To Rise in 2022

Sellers Have Incredible Leverage in Today’s Market

For Sellers· Housing Market Updates· Interest Rates· Move-Up Buyers· Pricing

3 Nov

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers ... Read More about Sellers Have Incredible Leverage in Today’s Market

Renters Missed Out on $51,500 This Past Year

First Time Home Buyers· For Buyers· Pricing· Rent vs. Buy

2 Nov

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put ... Read More about Renters Missed Out on $51,500 This Past Year

The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Buying Myths· First Time Home Buyers· For Buyers· Infographics· Move-Up Buyers

30 Oct

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get ... Read More about The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]