Monthly Archives: March 2016

    • 2016 Home Sales Doing Just Fine!!

      Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 is starting out stronger.
      Written by Tribeca NW
    • The Top 5 Reasons You Should Not For Sale By Owner

      In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons:
      Written by Tribeca NW
    • Home Sales Up Year-Over-Year

      Some Highlights

      • This is the 48th consecutive month with year-over-year price gains.
      • Lawrence Yun, NAR's Chief Economist says that, "The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers."
      • Inventory is still below historic normals at a 4.4 month supply.
      Written by Tribeca NW
    • 91.5% of Homes in the US have Positive Equity

      CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year. 
      Written by Tribeca NW
    • The Mortgage Process: What You Need To Know [INFOGRAPHIC]

      Some Highlights:

      • Many buyers are purchasing a home with a down payment as little as 3%.
      • You may already qualify for a loan, even if you don't have perfect credit.
      • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
      Written by Denise Zervos