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  • Lindsey Gudger | Every Door Real Estate Blog

    Monday, December 17, 2018   /   by Lindsey Gudger

    How Do the Holidays Impact Our Market?

    Why is now the perfect time to enter the market if you’re looking to buy a home? Allow us to explain.


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    We all know that the holiday season means great food and time with family, but what does it mean for our real estate market?


    A lot of people, agents included, tend to go into “hibernation” during this less active time in our market. However, we can’t advise against this strongly enough, especially when it comes to buyers. If you’re looking to purchase a new home, now is the time to get out there and start shopping like everyone else.


    Rates are set to increase in the year ahead, and a ton of competing buyers will come out of the woodwork come spring. In other words, you don’t want to miss the window of opportunity our winter market presents.


    If you have any other questions, would like more information, or are curious about how ...

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      real estate, seattle

    Monday, December 03, 2018   /   by Lindsey Gudger

    How Mortgage Rate Changes Will Impact You

    Changes are coming, and this is how you'll be affected.

    Selling a home? Get a free home value report
    Buying a home? Search all homes for sale



    Mortgage rates have been a big topic for discussion lately; where we stand now, money essentially costs more to borrow than it did a year ago. This has impacts for both buyers and sellers, and today we’ll be talking about how you may be affected:

    1. Interest rates are on their way up. This causes buyers to have less buying power—though their mortgage payment is higher, they’re receiving a lower amount of money. This impacts sellers because their buyer pool becomes smaller. When a price point becomes higher, there are fewer people who can afford it.

    2. Home values are going down. We’re only at around 1.5% more than we were in spring 2017. We were up about 10% in March and April, but this rise has basically disappeared since then. This all means it’s a good time to buy.

    3. Our invent ...

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      real estate, seattle

    Monday, November 19, 2018   /   by Lindsey Gudger

    A Few Things You Should Know About Our Real Estate Market

    A lot has changed in our real estate market since the last time we talked to you. Here’s what you need to know.


    Selling a home? Get a free home value report
    Buying a home? Search all homes for sale


    It’s time once again for a market update. We’ve got the latest news and numbers for Seattle real estate and we’re excited to share them with you today.


    It’s been a few months since we’ve given you an update, and a lot has changed in that time. You may have heard about this already, but we saw inventory rise this summer at rates that we’ve never seen before. For the past four or five years, we haven’t seen an increase in month-over-month inventory like this.


    This is great news for buyers. It gives you a lot more options to choose from. It does add some distractions, but it’s a great thing overall. At the same time, we’ve seen rates go up as well. The average mortgage rate is about 1% higher than it wa ...

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      real estate

    Friday, August 31, 2018   /   by Lindsey Gudger

    Now’s the Time to Start Shopping for Homes

     
    Selling a home? Get a free home value report
    Buying a home? Search all homes for sale


    If you’ve been waiting for the right time to buy in our market, now’s your opportunity—and there are a few reasons why.


    First of all, there’s less competition among buyers now than we’ve had in the last three to four years. More sellers are putting their homes on the market and there are fewer buyers per house, which means you won’t face nearly as many multiple offer situations as you would have in years past.


    At the same time, we’re still dealing with historically low interest rates. In other words, the money you’d borrow to buy your future home is much cheaper—you’re paying less interest on the money you’re borrowing than you would be a year from now.


    Lastly, buyers finally have a bit of leverage over sellers. For instance, in many cases, you’d get at least some (or all) of your closin ...

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      real estate

    Monday, August 20, 2018   /   by Lindsey Gudger

    What Kinds of Opportunities Do Buyers Have in the Seattle Market?

     
    Selling a home? Get a free home value report
    Buying a home? Search all homes for sale

    Today we’re going to talk about the changes that we’ve seen over the last 60 days or so in the Greater Seattle real estate market.


    You may have heard about this already, but the market has changed a little bit. The sky is not falling and this is not the end of Seattle real estate— we’ve just got a little bit more inventory to work with.


    This has actually created an opportunity for buyers. The last few years have been very difficult for homebuyers. Now is a time for buyers to take control, get some leverage, and get into homes with less money out of pocket than they have been able to get away with in the last few years.


    In fact, in the last three weeks, we have had more sellers cover our buyer’s closing costs than we have in the last year combined. If you are in the market to buy a home, now is the perfect time to do so. If you&rsquo ...

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      real estate, seattle, washington

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