North Idaho Homes for Sale – Page 65 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

Year-Over-Year Rental Prices on the Rise

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

26 Dec

Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to think about making a jump into homeownership while ... Read More about Year-Over-Year Rental Prices on the Rise

When a House Becomes a Happy Home

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

24 Dec

We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite ... Read More about When a House Becomes a Happy Home

2020 Forecast Shows Continued Home Price Appreciation

Housing Market Updates· Pricing

23 Dec

Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, ... Read More about 2020 Forecast Shows Continued Home Price Appreciation

Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

For Buyers· For Sellers· Housing Market Updates· Infographics

20 Dec

Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next ... Read More about Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

5,300 Reasons to Be Happy You’re a Homeowner

For Sellers· Housing Market Updates· Move-Up Buyers

19 Dec

Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report. The report revealed that: “U.S. homeowners with ... Read More about 5,300 Reasons to Be Happy You’re a Homeowner

The Biggest Issue Facing Housing Next Year

For Buyers· For Sellers· Housing Market Updates

18 Dec

This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation. But the biggest issue the housing market will face in 2020 is an inventory shortage. There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is ... Read More about The Biggest Issue Facing Housing Next Year

3 Mistakes to Avoid When Selling a Home in 2020

For Sellers· Move-Up Buyers

17 Dec

It’s exciting to put a house on the market and to think about making new memories in new spaces, but we can have deep sentimental attachments to the homes we’re leaving behind, too. Growing emotions can help or hinder a sale, depending on how we manage them. When it comes to the bottom line, ... Read More about 3 Mistakes to Avoid When Selling a Home in 2020

December 2019: The Buyer Stakes Are High Because Inventory Is Low

First Time Home Buyers· For Buyers

16 Dec

The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying ... Read More about December 2019: The Buyer Stakes Are High Because Inventory Is Low

Get Your House Ready To Sell This Winter

For Sellers· Infographics· Move-Up Buyers

13 Dec

Some Highlights Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market. Waiting for warmer weather when more competition is on the market will only put your house up against many more choices ... Read More about Get Your House Ready To Sell This Winter

Holiday Gifts Are Not the Only Hot Things Right Now

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

12 Dec

Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments ... Read More about Holiday Gifts Are Not the Only Hot Things Right Now

Have You Outgrown Your Home?

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

11 Dec

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your house no longer fits your needs. According to the latest Home Price Insights ... Read More about Have You Outgrown Your Home?