As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So,...
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With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. This is as true in the Grays Harbor market as it is elsewhere in the country. Lawrence Yun, Chief Economist for the National Association of...
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One of the greatest challenges in Grays Harbor's real estate market today is the lack of available homes for sale. The low housing supply has caused homes throughout Grays Harbor to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the...
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There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually...
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The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of...
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Homeownership is still a crucial part of the Grays Harbor residents. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost...
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In today’s real estate market, potential buyers in Grays Harbor shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the...
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If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask...
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A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary,...
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If you're trying to decide when to sell your house, there may not be a better time to list than right now. Grays Harbor is in the ultimate sellers' market and it won't last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than...
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