North Idaho Homes for Sale – Page 42 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

A New Way to Shop for Homes in a Virtual World

Buying Myths· For Buyers· For Sellers· Housing Market Updates· Selling Myths

3 Dec

In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside ... Read More about A New Way to Shop for Homes in a Virtual World

With Home Values Surging, Is it Still Affordable to Buy Right Now?

For Buyers· For Sellers· Housing Market Updates· Interest Rates· Pricing

2 Dec

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply ... Read More about With Home Values Surging, Is it Still Affordable to Buy Right Now?

Knowledge Is Power on the Path to Homeownership

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

1 Dec

Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 ... Read More about Knowledge Is Power on the Path to Homeownership

5 Tips for Homebuyers Who Want to Make a Competitive Offer

First Time Home Buyers· For Buyers· Move-Up Buyers

30 Nov

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the ... Read More about 5 Tips for Homebuyers Who Want to Make a Competitive Offer

Key Terms to Know in the Homebuying Process [INFOGRAPHIC]

Down Payments· First Time Home Buyers· For Buyers· Infographics· Interest Rates· Move-Up Buyers

27 Nov

Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your homebuying process is a positive ... Read More about Key Terms to Know in the Homebuying Process [INFOGRAPHIC]

Your House May Be High on the Buyer Wish List This Holiday Season

For Sellers· New Construction· Selling Myths

25 Nov

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this ... Read More about Your House May Be High on the Buyer Wish List This Holiday Season

Is Buying a Home Today a Good Financial Move?

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

24 Nov

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low ... Read More about Is Buying a Home Today a Good Financial Move?

Don’t Let Buyer Competition Keep You from Purchasing a Home

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

23 Nov

This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes ... Read More about Don’t Let Buyer Competition Keep You from Purchasing a Home

It Pays to Sell with a Real Estate Agent [INFOGRAPHIC]

For Sellers· FSBOs· Infographics· Pricing

20 Nov

Some Highlights Today, it’s more important than ever to have an expert you trust to guide you as you sell your house. From your safety throughout the process to the complexity of negotiating the deal, you need a professional on your side. Before you decide to take on the challenge of selling ... Read More about It Pays to Sell with a Real Estate Agent [INFOGRAPHIC]

Will Mortgage Rates Remain Low Next Year?

For Buyers· Interest Rates

19 Nov

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph ... Read More about Will Mortgage Rates Remain Low Next Year?

Chances of Another Foreclosure Crisis? “About Zero Percent.”

Distressed Properties· For Sellers· Foreclosures· Housing Market Updates

18 Nov

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, ... Read More about Chances of Another Foreclosure Crisis? “About Zero Percent.”