Real Estate News
The national median home price is expected to rise 2-4% in 2026, landing somewhere around $419,000-$427,000 according to various estimates. That is a notable deceleration from the double-digit appreciation of 2021-2022, and it is exactly what the market needs: modest price growth that allows incomes to catch up. Continue Reading…
Ask around and almost every homebuyer out there wants to know if there’s a way to get a better deal. And just about every seller wants to know if they’ll still get top dollar. The interesting thing is… both can be right at the exact same time. It just depends on where you live. Continue Reading…
Fannie Mae and Freddie Mac help finance nearly half of all home purchases, so when they change their rules, it can have a significant impact on the market. Recent changes to their policies for financing condominium mortgages will help some consumers but pose challenges to others. Continue Reading…
Mortgage & Finance
There are many reasons for the spike in rates, including re-accelerating inflation, geopolitical tensions and uncertainty surrounding the Fed’s next rate moves. But mortgage rates aren’t set in stone, and there’s still a chance rates could drop for hopeful homebuyers this year. Continue Reading…
Mortgage rates are determined by factors that are out of your control and those that are related to your borrower profile and the type of loan. You may see some minor differences between rates if you compare the different types of home loans including conventional loans, Federal Housing Administration loans, U.S. Department of Veterans Affairs loans and jumbo loans. Continue Reading…
The average long-term U.S. mortgage rate eased for the second week in a row, but remains elevated compared with this time last year. The benchmark 30-year fixed rate mortgage rate fell to 6.65% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.58%. Continue Reading…
Local Happenings
September is a beautiful time to enjoy the beginning of fall in Washington, with crisp mornings, festive traditions, and plenty of local events to explore. Spend the month celebrating the season at Schacktoberfest, taking place September 3–27, enjoying fresh local produce and community spirit at the Woodinville Farmers Market on September 5 from 10:00 AM–2:00 PM, or making memories at the Washington State Fair, running September 4–27. Whether you’re savoring the first flavors of fall, discovering the local market and entertainment, or enjoying a day at the fair, September is the perfect time to get out, explore the community, and welcome the new season.