How To Navigate a Market Where Multiple Offers Is the New Normal
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast.. read more →
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Key Factors That Impact Affordability Today
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices,.. read more →
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How Global Uncertainty Is Impacting Mortgage Rates
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since.. read more →
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Why It’s Critical To Price Your House Right
When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors.. read more →
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Enjoy 4 seasons of splendor in North Idaho!
Discover some of the most breathtaking views, and take in all of North Idaho’s natural beauty. Scenic hiking paths and nature trails suitable for all skill levels. 4 season climate and fresh air are perfect for enjoying a variety of outdoor activities all year round. Horseback riding, boating, fishing, waterskiing, tubing, hiking, hunting, ice fishing, skiing,.. read more →
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Supply and Demand in Today’s Market [INFOGRAPHIC]
![Supply and Demand in Today’s Market [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2022/03/20220304-KCM-Share-549x300-1-492x269.png)
Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center.. read more →
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Why mortgage loan Pre-Approval is key to getting your next home
A few reasons you should you get pre approved for a home loan to win that house you have always dreamed of. read more →
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Things to avoid when you are buying your dream home with a mortgage.
Too many times I have seen people loose their dream home because they changed jobs, bought furniture or a car. Here are a few things to remember so you stay qualified for your home loan #mortgage #realestatetips #homebuying101 read more →
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Are Home Prices Continuing To Rise?
Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6%.. read more →
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Down Payment Assistance Programs Can Help You Achieve Homeownership
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For.. read more →
