North Idaho Homes for Sale – Page 53 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

For Sellers· Housing Market Updates· Infographics· Interest Rates· Millennials· New Construction

9 Oct

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to ... Read More about What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

111,285 Reasons You Should Buy a Home This Year

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

8 Oct

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway ... Read More about 111,285 Reasons You Should Buy a Home This Year

What Do Supply and Demand Tell Us About Today’s Housing Market?

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

7 Oct

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and ... Read More about What Do Supply and Demand Tell Us About Today’s Housing Market?

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]