Fences & Flowers

The CB Bain Blog

You may have heard new acronyms thrown around in the media recently – CFPB, TRID, RESPA, and TILA – and wondered what they are and if they will have any impact on you. If you plan on buying or selling a home in the future, you will want to pay close attention to the new regulations aimed at the home loan and closing processes.

The luxury real estate market in Seattle is heating up, and it's not the first time. By the turn of the 20th century, the gold rush had brought tens of thousands to the area; families seeking wealth, and merchants all wanting their piece of Klondike gold. Now, top employers like Boeing, Microsoft, and Amazon.com, as well as Silicon Valley tech firms expanding, are boosting the Emerald City’s popularity once again, and folks are flocking to the beautiful Pacific Northwest in record numbers.

Making an offer on a home is exciting and scary, especially in the current seller’s market in Seattle. In a market where almost every home is getting dozens of offers, standing out as a buyer can be challenging, and stressful. But there are simple and innovative ways to woo the seller!

Summer’s heating up in more ways than one. In most areas of the country the real estate market is red-hot: inventory is low, prices are going up and everybody’s chasing the same American Dream – a three-bed, two-bath, single-story house with an open floor plan.  

Spring has officially sprung in the real estate world. Buyers are ready, willing, and able. Interest rates are low. People are feeling optimistic about the economy. Here’s the rub… there is a huge shortage of homes available to buy.

In 1995 I had $5,000 and a dream: I wanted to buy a house. I didn’t know anything about closing costs, home inspections or other fees associated with buying, but I knew I had enough for a down payment on a modest home. Washington state had a program for first-time buyers like me that offered below-market interest rates and 3% down payments; the program also required recipients to attend an eight-hour homeowner’s class to familiarize us with the reality of no longer being a renter.

Most people struggle to find balance in their daily lives - then throw in having your home on the market during the holidays, and you may feel like you’ve entered the Danger Zone. But while you might be ready to throw in the towel, I am here to encourage you to keep your home on the market (or list it) during the holiday season.

Is the sky falling? From the chaos happening in the real estate space this week with the news of the Zillow and Trulia merger, you might think so. But if you ask me, it’s just a whole lot of noise.

Should you rent or buy a home? It’s a question that isn’t so easy to answer. Coffee or tea? Tall or grande? Cream or sugar (or both)? These are choices we make on almost a daily basis without a second thought. When it comes to the art of crafting the perfect drink, it’s either this or that, and odds are the well being of your life and those closest to you doesn’t hinge on your decision. 

In a seller's market, how do you make sure your offer is the one that stands out? Working closely with your broker to strategize and closely examine your offer will make the difference between a questionable and an appealing one.

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