Buyers

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Buyers Seattle homebuyers are less likely to back out of deals Across the country, more homebuyers are walking away from purchase contracts, but in Seattle, most are staying the course. In August, 15.1% of national real estate details fell through, marking the highest share since 2017. By contrast, the Seattle metro area saw a modest uptick from 9.7% to 10%, keeping local buyers among the least […]
Buyers What is a Buyer-Agency Agreement and Why Does it Matter? In today’s evolving real estate landscape, one of the biggest changes buyers will encounter is the relatively new requirement to sign a Buyer Agency Agreement. While this added step may sound formal, it’s actually designed to make the home-buying process more transparent, secure, and ultimately more beneficial for everyone involved. What is a Buyer-Agency Agreement? […]
Buyers Multigenerational Home Buying Guide For any family looking forward to multigenerational living, there’s much to consider when trying to find the right property. Whether you’re planning to welcome your parents or grandparents, provide a comfortable space for adult children, or simply want to create a home that accommodates your extended family, finding the right place takes time. Let’s take […]
Buyers Average Long-Term US Mortgage Rate Drops to Lowest Level in More than a Year The average rate on a 30-year U.S. mortgage fell this week to its lowest level in more than a year, extending a recent trend that’s helped give lagging U.S. home sales a boost. The average long-term mortgage rate fell to 6.19% from 6.27% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate […]
Buyers How to Save Money to Buy a House It’s no secret that buying a home is a serious financial undertaking, but aspiring homeowners are often left wondering what the methods behind the process actually look like. One of the telltale signs that you’re ready to buy a home is having substantial savings to use toward the purchase. The following information goes under the hood of […]
Buyers Buying a Fixer-Upper For some home buyers, a fixer-upper is their idea of a dream home. Preparing for the process comes down to creating a plan, knowing what to look for, and understanding what financing options are available.
Buyers Ten Qualities to Look For in Your Real Estate Agent Buying a home is one of the most significant financial and emotional purchases of a person’s life. That’s why it is so important to find an agent that can not only help you navigate the home search process while answering your questions and addressing your needs from start to finish. Most importantly, your agent should care about […]
Buyers Why AI Can’t Replace Your Real Estate Agent Technology is transforming nearly every industry, and real estate is no exception. New tools and innovations are reshaping the way we search for, buy, and sell homes. Among these advances, artificial intelligence (AI) has quickly become one of the most talked-about technologies, being used for everything from writing and research to customer service. Naturally, this […]
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Buyers What You Should Know About the Multiple Listing Service (MLS) In the process of buying or selling a home, you’ll frequently come across the term “MLS.” The Multiple Listing Service (MLS) is a group of regional databases of homes for sale accessible only to real estate agents and brokers. Their ability to access the MLS makes it easier for buyers to find the right home and for sellers […]
Buyers What Is a Homeowners Association and How Much Are HOA Fees? Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for you. […]
Buyers Is Co-Buying Right For You? For some buyers, purchasing a home independently may be out of reach. Co-buying is an alternative approach to homeownership where two or more individuals purchase the property together and take on a joint mortgage. Get to know the benefits and drawbacks of co-buying before deciding whether it’s right for you. How Does Co-Buying Work?  Just like a […]
Buyers The Difference Between a Real Estate Agent and a Mortgage Broker Throughout the course of buying a home, you’ll work with a variety of professionals, all with specific training to help you through each stage of the process. With such a cast of specialists around you, it’s helpful to know everyone’s responsibilities and which questions to ask whom. One important distinction to be made is the […]
Buyers Planning Ahead: A 12-Month Guide to Buying Your First Home Thinking about buying a home can be daunting, especially if it’s your first time. What should be an exciting milestone can feel overwhelming without a clearly defined roadmap, and diving in headfirst without a solid plan can lead to unnecessary stress, financial surprises, and missed opportunities. However, by establishing a timeline and breaking the process […]
Buyers Real Estate Contingencies: What They Are and Why They Matter Imagine a home-buying scenario where you make an offer, the seller immediately accepts, and everything goes smoothly until you’re handed the keys. It’s possible, but more often, buying a home involves negotiation, counteroffers, and a back-and-forth dialogue between buyer and seller to reach a deal. And in some cases, the deal can fall through. That’s where contingencies […]
Buyers Turnkey vs. Fixer-Upper: Pros and Cons The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the intent of renting it, both turnkey and fixer-upper listings will cross your path during your home […]
Buyers When is the Best Time to Buy a House? There’s a factor of the home buying process that can often be the catalyst for everything that follows. That factor is timing. Much of the dialogue—rightfully so—around buying a home is focused on the “what.” However, it’s often the case that the “when” is just as important. So, when is the best time to buy […]
Buyers Renting vs Buying: Which is better for you? Deciding whether to rent or buy can be a difficult decision, but with the right analysis, you can determine which is best for you. Knowing whether it’s the right time to rent or buy depends on your buying power, what you’re looking for in a home, your local market conditions, your plans for you and your household, […]
Buyers The Biggest Home Buying and Selling Mistakes (and How to Avoid Them) There’s nothing more exciting, rewarding, and fulfilling than buying or selling a home. However, it’s a complex transaction, and there are several steps along the path that can confuse even the most seasoned buyers and sellers. How can you avoid potential selling pitfalls and common buying mistakes? Look to your real estate agent for advice […]
Buyers A Guide to Understanding Escrow The process of buying a home is made up of several stages. After preliminary stages like getting pre-approved, searching for homes, and finding a buyer’s agent, various contracts and buyer-seller agreements will enter the fold as the purchase of a home is finalized. Escrow is a pivotal point in the buying process that will ultimately lead to […]
Buyers Is Downsizing Right for You? Here’s How to Decide Choosing to downsize is more than just moving into a smaller space, it’s about curating a simpler lifestyle that fits your current needs. Whether you’re retiring, looking for an eco-friendly, low-maintenance home, or wanting a fresh start after your children have moved away, downsizing might be the best option for you. Before making the move, […]
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