There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their homeownership rates trailing [...]
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households [...]
12419 NE 72nd St, Kirkland, WA 98033 Tucked in “off the beaten path” this home maintains a peaceful surround yet is close to commute, amenities and schools. Lovingly cared for by one homeowner for nearly 50 years this home has been able to purposely serve a variety of life chapters–the main level of the home [...]
1738 25th St Pl SW, Puyallup, WA 98371 Updated home with an aesthetic that makes this home seem brand new! The smart floor plan has been enhanced by many recent improvements: new paint inside/outside, new LVT flooring throughout, updated bathrooms and a kitchen reno that includes new cabinetry, quartz countertops, tile backsplash and an induction [...]
3923 N 31st, Tacoma, WA 98407 Completely renovated in 2018 this home is truly "turn key". The finish aesthetic is current and sleek - quartz countertops, modern lighting fixtures, new cabinets, contemporary tile and laminate flooring. An open floor plan is enhanced by oversized windows that allow natural light to pour in. Main floor living [...]
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could [...]
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in [...]
923 N Ainsworth, Tacoma, WA 98403 Tacoma Charmer in quiet and convenient locale! This spacious home sits on an oversized corner lot and has a huge backyard - a gardener's paradise for sure! The main floor layout allows for a multitude of living styles- living room, family room, bonus room, well equipped kitchen and 1 [...]
9310 64th Av Ct E, Puyallup, WA 98371 You'll be amazed by this home from the moment you arrive-fine tuned landscaping, luxury finishes, and detailed organization-it's a lot to love! Fully renovated and customized this home invites you in and, I promise, you won't want to leave. High end, thoughtful detail-in the kitchen find luxury [...]
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” [...]