Trends Real Estate

Trends Real Estate Serving Greater Spokane & Northern Idaho!

6307 E Foxtrot Lane in Colbert is now Under Contract! 🤝
12/14/2024

6307 E Foxtrot Lane in Colbert is now Under Contract! 🤝

More homeowners are choosing real estate agents to sell their houses – and it’s no surprise why.This market is complex t...
12/09/2024

More homeowners are choosing real estate agents to sell their houses – and it’s no surprise why.

This market is complex to navigate, so you don’t want to try to go it alone.

From pricing your home right to handling the paperwork, having a pro by your side is key.

I’m here to make the process as smooth as possible. DM me if you want to learn more about what I can do for you.

Toying with the idea of selling your house as-is? If so, it’s probably because you don’t want to spend the time, money, ...
12/02/2024

Toying with the idea of selling your house as-is? If so, it’s probably because you don’t want to spend the time, money, or energy on repairs.

While going this route may make it easier on you, there are some trade-offs you’ll want to consider first.

Before you make your decision, let’s chat so you have an expert’s opinion on what makes the most sense for your house and your moving goals.

Looking to buy, but waiting for mortgage rates to come down?Instead of trying to time the market, focus on what you can ...
11/27/2024

Looking to buy, but waiting for mortgage rates to come down?

Instead of trying to time the market, focus on what you can control. Things like your credit score, your loan type, and your loan term can all have an impact on your rate.

Connect with me or a lender to find out more and go over your options.

Today’s mortgage debt doesn’t mean a housing bubble is brewing. Homeowners today have built up record equity, and it’s n...
11/25/2024

Today’s mortgage debt doesn’t mean a housing bubble is brewing. Homeowners today have built up record equity, and it’s nearly triple the amount of mortgage debt. This extra cushion gives homeowners more security, making the market much more stable than it was in 2008.

Wondering why mortgage rates are bouncing around a bit right now?It has to do with what’s happening in the economy, the ...
11/20/2024

Wondering why mortgage rates are bouncing around a bit right now?

It has to do with what’s happening in the economy, the rate of inflation, the market’s reaction to the election, and a whole lot more.

The best thing you can do to navigate the volatility right now is lean on a team of professionals who can keep you up to date on what’s happening and what it means for you.

Did you know the typical homeowner’s net worth is roughly 40x greater than a renter’s?That’s because homeownership is th...
11/18/2024

Did you know the typical homeowner’s net worth is roughly 40x greater than a renter’s?

That’s because homeownership is the #1 way to build wealth in this country.

When you own a home, your net worth gets a boost as you pay down your mortgage and as home values climb.

Want to learn more about this great financial perk or the programs that could help you become a homeowner? DM me.

Good news for buyers: more homes are hitting the market.Data shows inventory is up 29.2% since last year – that’s the hi...
11/13/2024

Good news for buyers: more homes are hitting the market.

Data shows inventory is up 29.2% since last year – that’s the highest it’s been since 2019.

This gives you more choices for your move and is one of the big reasons we’re seeing more moderate price growth.

And with more homes for sale, it may be a bit easier to find something you like in your budget.

DM me today if you want to see what’s available at your price point.

Through VA loans, Veterans can buy a home without needing to save up for a down payment. But the majority don’t even kno...
11/11/2024

Through VA loans, Veterans can buy a home without needing to save up for a down payment. But the majority don’t even know this is even an option.

If you’re a Veteran, that means you could be much closer to homeownership than they think. Want to learn more? Reach out to a trusted lender to see if you’d qualify.

While the Federal Reserve doesn’t set mortgage rates, rates can be influenced by the Fed’s monetary policy. And all eyes...
11/06/2024

While the Federal Reserve doesn’t set mortgage rates, rates can be influenced by the Fed’s monetary policy. And all eyes are on their next move.

One of the things they’re looking at is the direction of inflation.

Since inflation has come down over the past year and is holding pretty steady right now, odds look good that they’ll continue to cut the Federal Funds Rate. And that should set the stage for mortgage rates to follow in the months ahead.

Right now, there are a lot of factors that are creating uncertainty in the housing market – and that uncertainty adds vo...
11/05/2024

Right now, there are a lot of factors that are creating uncertainty in the housing market – and that uncertainty adds volatility.

From the latest economic and unemployment reports to the decisions coming out of the Fed, and the Presidential election – it all has an impact.

But don’t let the volatility distract you from the bigger picture. I’ll make sure you know what’s happening, how it’ll impact the housing market, and, most importantly, what it means for you.

Wondering how elections impact home sales?Typically, they bring a short-term slowdown in the housing market as general u...
10/29/2024

Wondering how elections impact home sales?

Typically, they bring a short-term slowdown in the housing market as general uncertainty makes buyers and sellers hit pause on their plans. But historical data shows home sales tend to bounce right back after the election. Those sales aren’t lost – they’re just delayed.

And current expert forecasts show the trend should continue as more homes are expected to sell in 2025.

With the market expected to pick up a bit next year, now is a great time to start preparing.



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