What is the Cost of Waiting Until Next Year to Buy?

What is the Cost of Waiting Until Next Year to Buy?

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Some Highlights:The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.Freddie Mac predicts interest rates to rise to 5.1% by the end of...

Last Chance! Homes are a Bargain Compared to Historic Norms

Last Chance! Homes are a Bargain Compared to Historic Norms

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A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase.The reason we...

Selling Your Home? Make Sure the Price is Right!

Selling Your Home? Make Sure the Price is Right!

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If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.In...

Buying a Home Young is the Key to Building Wealth

Buying a Home Young is the Key to Building Wealth

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Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set.“Today’s...

Tacoma, WA Real Estate Update January 2019

Tacoma, WA Real Estate Update January 2019

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By Ben DavidsonWhat’s going on with real estate in Tacoma, WA as of January 2019? In 2018 Tacoma ranked 13th in the nation for home price growth at 11.58%, according to FHFA. There is mixed feedback on what will happen in 2019, with some claiming it to be a bit...

The Cost Across Time

The Cost Across Time

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Some Highlights:With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.The impact your interest rate makes on your...

Homesnap – The Most Accurate Home Search App

Homesnap – The Most Accurate Home Search App

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By Ben Davidson With a plethora of home searching apps: Zillow, Redfin, Trulia, Realtor.com, Homesnap, Homespotter, etc…are they all created equal? While they all cover the basics, the answer is no. Each app has slightly different features and can deliver...

4 Tips for Financing Your First Home

4 Tips for Financing Your First Home

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By Ben DavidsonIt is an exciting time to be purchasing your first home, especially in the South Sound and Tacoma area. What does Tacoma have to offer a first-time home buyer? Affordable prices, massive short-term and long-term equity growth, a blossoming city,...

Buying a Home in Tacoma, but Worried About a CRASH!?

Buying a Home in Tacoma, but Worried About a CRASH!?

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An experienced home buyer understands the ebbs and flows of the market, but the first-time home buyer may be overwhelmed with inflated prices and the alleged premise of a housing market crash. The purpose of this article is to provide easy-to-digest pieces of...

Is Solar Energy in Washington Worth the Cost?

Is Solar Energy in Washington Worth the Cost?

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Growth in the solar energy sector has been exponential in the last decade. As the cost for manufacturing these systems decreases, the short-term economic advantages becomes increasingly beneficial; but what about the long-term benefits of reducing greenhouse gas...