Seattle Market Update There is a clear lack of consumer confidence evident in the real estate market. January is always a little slow but we saw slower activity in the market than usual last month. Seattle Area home prices are still dropping but for most Seattleites that still means homes are out of reach.Continue reading “Brooks & Heinze Seattle Real Estate Team – February 2019 Newsletter”
Category Archives: buyer's market
Houses for Pennies on the Dollar? Really?
Many buyers have heard that Seattle real estate is more affordable than ever. Yes, prices have dropped quite substantially but when I hear people saying or I read articles about “Houses for Pennies on the Dollar” I get a little perturbed. We have had a few people contact us with unrealistic expectations about what theyContinue reading “Houses for Pennies on the Dollar? Really?”
Get "moving" first time home buyers, time is running out!!!
Time is running out for first time home buyers to take advantage of the $8,000 tax credit. We are in the month of August now, and time is slipping away to take advantage of the $8000 first time home buyer’s tax credit. There is a deadline looming for this opportunity. Your home purchase must beContinue reading “Get "moving" first time home buyers, time is running out!!!”
Your buying opportunities are endless !
Buy now – don’t wait. A lot of buyers are saying they want to buy but they are waiting until prices hit rock bottom. First, it is really hard to tell when the market has hit bottom. It does not matter if we are talking about gold, stocks or homes here. Trying to time theContinue reading “Your buying opportunities are endless !”
Know how interest rates affect your buying power and payments
Know how interest rates affect your payment. The interest rate on a loan is used to calculate your monthly payment. The higher the interest rate, the higher your monthly payment. The lower the interest rate, the lower your monthly payment. Simple? Yes, but abstract until you see it applied to your loan. When interest ratesContinue reading “Know how interest rates affect your buying power and payments”
How to sell a house in a slow market
So, how do you sell a house in this market where nothing seems to sell? Well, first you should decide if you really need or want to sell: If you need to sell because of a relocation, financial hardship, divorce, death in the family, etc. there are a few things that you need to doContinue reading “How to sell a house in a slow market”