What Happens to Housing when There’s a Recession?
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022.. read more →
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Pre-Approval Is a Critical First Step on Your Homebuying Journey
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why.. read more →
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Home Sellers meet Rain Silverhawk
Selling a home or land parcel in North Idaho? Meet this top agent Rain Silverhawk and experience the difference. Choose Sandpoint Realty to sell your property -Your needs our Priority. Sandpoint Realty 208-610-0011 read more →
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3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]
![3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2022/10/3-questions-you-may-be-asking-about-selling-your-house-today-share-KCM-549x300-1-492x269.png)
Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Let’s connect so you.. read more →
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What’s Ahead for Home Prices?
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely.. read more →
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Should You Still Buy a Home with the Latest News About Inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost.. read more →
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The Latest on Supply and Demand in Housing
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year,.. read more →
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The Emotional and Non-financial Benefits of Homeownership
With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can Make Their.. read more →
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Tips For First-Time Homebuyers [INFOGRAPHIC]
![Tips For First-Time Homebuyers [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2022/10/20221014-KCM-Share-549x300-1-492x269.png)
Some Highlights If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your first home is out there… read more →
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Perspective Matters When Selling Your House Today
Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale.. read more →
