North Idaho Homes for Sale – Page 64 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

Homebuyer Traffic Is on the Rise

10 Sep

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next ... Read More about Homebuyer Traffic Is on the Rise

The Latest Unemployment Rate Fell to 8.4%

For Buyers· For Sellers· Housing Market Updates

9 Sep

Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions ... Read More about The Latest Unemployment Rate Fell to 8.4%

Have You Ever Seen a Housing Market Like This?

Housing Market Updates· Interest Rates· Pricing

8 Sep

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. ... Read More about Have You Ever Seen a Housing Market Like This?

Thank You, Essential Workers

Holidays· Time-sensitive· Uncategorized

7 Sep

To all essential workers on this Labor Day, thank you. ... Read More about Thank You, Essential Workers

The 2020 Homebuyer Wish List [INFOGRAPHIC]

For Buyers· Infographics

4 Sep

Some Highlights The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible. From more outdoor space to virtual classrooms for their children, buyers have a growing list of what they’d like ... Read More about The 2020 Homebuyer Wish List [INFOGRAPHIC]

Homebuyer Demand Is Far Above Last Year’s Pace

For Sellers· Housing Market Updates· Move-Up Buyers

3 Sep

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been ... Read More about Homebuyer Demand Is Far Above Last Year’s Pace

How Will the Presidential Election Impact Real Estate?

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

2 Sep

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new ... Read More about How Will the Presidential Election Impact Real Estate?

It’s Not Just About the Price of the Home

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

1 Sep

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage ... Read More about It’s Not Just About the Price of the Home

Three Ways to Win in a Bidding War

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

31 Aug

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently ... Read More about Three Ways to Win in a Bidding War

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

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

27 Aug

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, ... Read More about Why Is It so Important to Be Pre-Approved in the Homebuying Process?

Should You Buy an Existing Home or New Construction?

First Time Home Buyers· For Buyers· Move-Up Buyers· New Construction· Pricing

26 Aug

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to ... Read More about Should You Buy an Existing Home or New Construction?