This week’s #MarketMonday highlights some house hunting tips heading into the fall season! We also discuss how building equity through investing in a home is going to be worth it, especially since equity holding is increasing. We highlight the current status of low home inventory, which serves as a continuous problem in the market. Lastly, we talk about trends home builders in the Puget Sound region keep hearing about from new home buyers.
My team is happy to answer any questions about the current real estate market or to discuss what is most important to you whether you are looking to buy, sell or invest in today’s market.
Spring and summer are known to be the housing market’s popular seasons, but what about fall? Fall could be just the right time for you to start the home hunt because it isn’t the trend. Find success during this upcoming season with some helpful tips we found.
The Federal Reserve released new household financial data showing that real estate equity has been growing at a steady pace. Equity holding rose by $1.3 trillion between the second quarter last year to the same time this year.
Although low home inventory has gotten better, it still serves as a problem in the real estate markets. This is also seen as one of the major factors in holding back the market. On the bright side, developers are starting to make moves toward building more multifamily units.
Home buyers in the Puget Sound are telling builders that they’re wanting spacious new homes. Large windows, a covered outdoor patio and a master bathroom are just a few of the trends home builders are hearing about!