Northwest REO

Home equity is skyrocketing! Boomers—maximize your sale profits now!

How Much Boomers Expect To Profit Off Their Home Sales vs. Other Generations Baby Boomers are expecting significant profits from selling their homes, benefiting from years of home value appreciation. As many Boomers downsize or cash out, they are capitalizing on the high demand in the housing market. With rising home equity, sellers stand to make substantial gains, although....

As mortgage rates fall, more homeowners have felt encouraged to list their houses. Increased inventory has lessened competition in the housing market, possibly lowering prices.

Get Ready: The Best Week of the Year To Buy a Home Is Coming Up Realtor.com found that the week of Sept. 29 through Oct. 5 is the optimal time to buy a home this year. The real estate website said home shoppers could save more than $14,000 during that week and that the following two weeks would be nearly as good for buyers. Researchers said a slower market pace,...

7% of U.S. housing markets experienced declines in value in the first quarter of 2024, but most markets continue to grow steadily.

Crash or Correction? Home Prices Are Falling In These 15 Cities Across the Country After several years of escalating home prices amid tight inventory, as well as high interest rates that slammed the brakes on homebuying and investing, the first few dominoes appear to have fallen as prices in some cities nationwide have started to tumble. Is this a blip or the start of a larger tre...

Fifteen of 26 counties tracked by the Northwest MLS showed sales gains last month.

The Thurston County housing market did something in August that hasn’t happened in months For the first time in months, the Thurston County housing market showed a slight gain in home sales, according to August data released Thursday by the Northwest Multiple Listing Service.

“Despite the recent slowing in activity, the legacy of the pandemic has been a step-change in the size of the super-prime market,” writes the report.

$10 Million-Plus Home Sales Are Surging in Palm Beach and New York According to a new report from Knight Frank, the number of homes that sold for $10 million or more soared to new heights in the second quarter of 2024. More specifically, Palm Beach, Florida, noted a hefty 44 percent uptick in sales over $10 million, while Miami recorded a 27 percent spike. Farther....

Let’s explore closing costs in detail—what they are, how to estimate them on virtually any property

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Discover essential tips and strategies to make your home-buying journey smoother.

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Researchers also analyzed Realtor.com listing data from May for the places where properties sell for a low price per square foot.

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Here are the top questions my clients and other prospective homebuyers want to know.

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This article explores the significant impact of AI on technology, focusing on healthcare, finance, transportation, and everyday life.

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The amount of debt you already owe is a factor in every mortgage application.

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The family-sized, 1,626-square-foot corner condo is on the market for $3.25 million. Common charges are an additional $2,334 a month.

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While a 401(k) loan might be a better option, doing so entails its own set of risks, experts say.

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Here are the top 10 “most valuable” home features in the U.S. that resulted in the highest sale-to-list ratio this past summer.

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High-end shoppers are after sustainable residences and properties with hotel-like amenities.

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The typical newly built house on the market these days is smaller than those for sale a decade ago.

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Learn about the risks and potential pitfalls before you make your move.

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Discover tips that will help you secure your first home loan, a significant milestone in your journey to homeownership.

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How do interest rates impact house prices?

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A home typically sits on the market for a median of 50 days, but the timeline for your sale will depend on the local real estate market, sales price, and the condition of the home.

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Although rents continue to rise, the rate of growth is slowing. The typical U.S. rent increased by 0.4% in July, with a year-over-year growth of 3.4%, slightly down from previous months.

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“The purpose of a home inspection is to inform a buyer with detailed information regarding the quality of a particular home and its property,”

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When touring a property, most prospective buyers pay special attention to its bathrooms.

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Check out these 32 modern luxury living room design ideas that will inspire you to create a sophisticated and stylish haven.

32 Modern Luxury Living Room Design Ideas Do you want to elevate your living space with a touch of elegance? Check out these 32 modern luxury living room design ideas that will inspire you to create a sophisticated and stylish haven.

At a time when home prices have surged, these ZIP codes stand above all others as the most expensive in the nation.

Million-dollar markets: America's most expensive ZIP codes for housing Home prices have surged in a number of neighborhoods over the past decade, but some ZIP codes stand above the rest.

Ready to buy your first home? Start here

Ready to put a foot on the housing ladder? It’ll cost you at least $1M in over 200 US cities The American housing market has reached a remarkable and pricey milestone for new buyers: In more than 200 cities, the typical starter home now commands a price tag of at least $1 million, according to Zillow.

Here’s exactly how to buy your first rental property in ninety days or less.

How to Buy a Rental Property in 90 Days (or Less!) Here’s exactly how to buy your first rental property in ninety days or less. And guess what? You don’t need ANY real estate investing experience to do it. After watching this episode, you’ll be able to find rental properties, analyze them to ensure they’re profitable, and fund them so YOU ca...

Some homeowners — particularly seniors on limited incomes — might consider using their home equity to pay household bills. Is this a smart move, though?

Should seniors use their home equity to pay bills? What experts say The red-hot housing market of the last few years has sent home prices upward. For homeowners, that's been great, leading to sizable gains in home equity. Some homeowners — particularly seniors on limited incomes — might even consider using their home equity to pay household bills. Is this a smar...

This guide will walk you through everything from assessing your current setup to installation and integration, ensuring a smooth transition to a smart, automated system.

How to Automate Your Garage Door Tired of manually dealing with your garage door every day? Automating your garage door isn’t just about convenience; it’s also about enhancing security and efficiency. This guide will walk you through everything from assessing your current setup to installation and integration, ensuring a smooth...

Details on Washington’s most expensive residential transactions.

7 Luxury Home Sales in the Washington Area—and Who Bought and Sold Them Here's an overview of luxury home sales in the Washington, D.C. area for August 2024, highlighting notable transactions and the individuals or entities who bought and sold these high-end properties.