North Idaho Homes for Sale – Page 40 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

The Main Key To Understanding the Rise in Mortgage Rates

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

6 Oct

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press ... Read More about The Main Key To Understanding the Rise in Mortgage Rates

4 Tips To Prep for Your Home Sale This Fall

For Sellers· Selling Myths

5 Oct

Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment. Here are four simple tips to make ... Read More about 4 Tips To Prep for Your Home Sale This Fall

Reasons Renters Buy [INFOGRAPHIC]

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

1 Oct

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage ... Read More about Reasons Renters Buy [INFOGRAPHIC]

As Home Equity Rises, So Does Your Wealth

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

30 Sep

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to ... Read More about As Home Equity Rises, So Does Your Wealth

Don’t Tackle Selling Your Home on Your Own – an Agent Can Help

For Sellers· FSBOs· Selling Myths

30 Sep

If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time ... Read More about Don’t Tackle Selling Your Home on Your Own – an Agent Can Help

Early October is the Sweet Spot for Buyers

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

29 Sep

Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage ... Read More about Early October is the Sweet Spot for Buyers

If You’re a Buyer, Is Offering Asking Price Enough?

Buying Myths· First Time Home Buyers· For Buyers· Housing Market Updates· Move-Up Buyers

28 Sep

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller ... Read More about If You’re a Buyer, Is Offering Asking Price Enough?

It’s Still a Sellers’ Market [INFOGRAPHIC]

For Sellers· Housing Market Updates· Infographics· Move-Up Buyers· Pricing

26 Sep

Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out ... Read More about It’s Still a Sellers’ Market [INFOGRAPHIC]

Two Reasons Why Waiting a Year To Buy Could Cost You

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

25 Sep

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself two ... Read More about Two Reasons Why Waiting a Year To Buy Could Cost You

Is a 20% Down Payment Really Necessary To Purchase a Home?

Buying Myths· Demographics· Down Payments· First Time Home Buyers· For Buyers· Gen Z· Millennials

24 Sep

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is ... Read More about Is a 20% Down Payment Really Necessary To Purchase a Home?

47% of New Buyers Surprised by How Affordable Homes Are Today

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

11 Feb

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low ... Read More about 47% of New Buyers Surprised by How Affordable Homes Are Today