Thinking of moving to the Pacific Northwest? You're not alone. In 2017, Seattle and Portland were the 1st and 3rd most popular cities for relocating residents*. With bustling economies, a diverse variety of cuisine, and endless recreation possibilities, it's no wonder. But how do you choose the perfect neighborhood in these big cities?
Rightfully so, future homeowners have lots of questions about how the new tax laws affect presumed advantages to owning a home. It’s true that some significant changes took effect January 1, 2018 such as the allowable interest deduction on mortgage loans and the deduction of state and local taxes which also includes the payment of property taxes.
Dreams of home ownership are often sparked by major life events, including college graduation, marriage, children, and retirement. The need for space, comfort, convenience, tax breaks and the satisfaction of being a homeowner spurs many renters into buying. And surprise! Dog owners are driving the buying trend.
Everyone knows that size matters, right? Home buyers are perhaps looking for a larger home, a big yard for the kids, a 3-car garage while sellers are looking for the possibility of an escalated purchase price, giving them the largest “profit” or equity return on what is often their single largest investment. Of course, these common objectives are completely valid but unique to every individual or family.
The frenetic pace of our current real estate market opens the door for homebuyers to use creative tactics when searching for their dream home. It’s important to weigh the pros and cons of such methods as well as the additional time it takes to initiate unconventional search campaigns.
It’s today in Seattle. Which means yet another news story, blog post or social media thread about our hot housing market. And not just hot, but red-hot, scorching-hot or hotter-than-a-firecracker hot. No matter how it’s described, the bottom line is always the same: prices are up and inventory is down; buyers are in a frenzy and sellers are in the driver’s seat. Which is why the following is so perplexing.
The decision to sell a senior’s home, often the most valued and valuable asset, can be a complicated process. Older adults and their children are faced with a number of unique issues when navigating the emotional, financial and logistical terrain of such a move.
For years, granite has been king of countertops. Homeowners pass huge slabs of gorgeous stone in hardware stores, enticed to spend big bucks on their remodel. Buyers shopping for a new home marvel at stone countertops in a freshly-updated kitchen. Granite is lustrous, durable and each piece is unique. It’s also a pricey update. So, what do you do if you want to make a statement in your kitchen without breaking the bank?