North Idaho Homes for Sale – Page 89 – Real Estate Services by Michiyo Tower, CIPS, MRP, SFR

Buyers Are Looking for Your Home, Now [INFOGRAPHIC]

For Buyers· For Sellers· Housing Market Updates· Infographics

21 Dec

Some Highlights: Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month supply. Inventory ... Read More about Buyers Are Looking for Your Home, Now [INFOGRAPHIC]

4 Quick Reasons NOT to Fear a Housing Crash

For Buyers· For Sellers· Housing Market Updates

20 Dec

There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer ... Read More about 4 Quick Reasons NOT to Fear a Housing Crash

Homeownership Remains a Huge Part of the American Dream

First Time Home Buyers· For Buyers· Housing Market Updates· Millennials

19 Dec

As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them ... Read More about Homeownership Remains a Huge Part of the American Dream

Why Houses DO NOT Sell in a Strong Market

For Sellers· Move-Up Buyers

18 Dec

As we approach the end of the year, many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?” Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when the market is hot, homeowners ... Read More about Why Houses DO NOT Sell in a Strong Market

5 Reasons to Sell This Winter!

For Sellers· Move-Up Buyers

17 Dec

Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ... Read More about 5 Reasons to Sell This Winter!

4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

For Sellers· Infographics· Move-Up Buyers

14 Dec

Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the ... Read More about 4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

No Bubble Here! How New Mortgage Standards Are Helping

Buying Myths· First Time Home Buyers· For Buyers· Housing Market Updates

13 Dec

Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it ... Read More about No Bubble Here! How New Mortgage Standards Are Helping

Don’t Get Caught in the Rental Trap in 2019

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

12 Dec

Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of ... Read More about Don’t Get Caught in the Rental Trap in 2019

How to Simply Increase Your Family Wealth by Paying for Housing

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

11 Dec

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that ... Read More about How to Simply Increase Your Family Wealth by Paying for Housing

What If I Wait A Year to Buy a Home?

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

10 Dec

National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term ... Read More about What If I Wait A Year to Buy a Home?

The Tale of Two Markets [INFOGRAPHIC]

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

7 Dec

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and ... Read More about The Tale of Two Markets [INFOGRAPHIC]