North Idaho Homes for Sale – Page 50 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

How Smart Buyers Are Approaching Rising Mortgage Rates

Buying Myths· First Time Home Buyers· For Buyers· Interest Rates· Move-Up Buyers

25 Nov

Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the ... Read More about How Smart Buyers Are Approaching Rising Mortgage Rates

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

Distressed Properties· For Buyers· For Sellers· Foreclosures· Housing Market Updates· Interest Rates· Pricing

24 Nov

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that ... Read More about Don’t Believe Everything You Read: The Truth Many Headlines Overlook

4 Ways Homeowners Can Use Their Equity

For Sellers· Move-Up Buyers

23 Nov

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re ... Read More about 4 Ways Homeowners Can Use Their Equity

Your Journey to Homeownership [INFOGRAPHIC]

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

20 Nov

Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. When you’re ready to start your journey, let’s connect so ... Read More about Your Journey to Homeownership [INFOGRAPHIC]

Home Sales About To Surge? We May See a Winter Like Never Before.

For Buyers· For Sellers· Housing Market Updates

19 Nov

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any ... Read More about Home Sales About To Surge? We May See a Winter Like Never Before.

Retirement May Be Changing What You Need in a Home

Baby Boomers· Demographics· For Buyers· For Sellers· Senior Market

18 Nov

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement ... Read More about Retirement May Be Changing What You Need in a Home

Sellers: You’ll Likely Get Multiple Strong Offers This Season

For Sellers· Housing Market Updates

17 Nov

Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a ... Read More about Sellers: You’ll Likely Get Multiple Strong Offers This Season

4 Things Every Renter Needs To Consider

First Time Home Buyers· For Buyers· Housing Market Updates· Rent vs. Buy

16 Nov

As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think ... Read More about 4 Things Every Renter Needs To Consider

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

For Sellers· Infographics

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?