In Washington, United States lots of Americans have decided to purchase their homes in July that leads to the signing of contracts. Although there is a shortage of listings on the market, it became a stronger sign of demand for home ownership. The US Pending home sales index increased from 1.3 percent to 111.3 in…
The latest August reading show that , underlying demand for housing remains strong. We see this as a result of solid labor market, low unemployment rate, continuation of low mortgage rates, and now we are even starting to see wage growth. Of course tight inventory levels continue to drive up pricing making affordability…
I am hearing a lot of talk about a bubble these days. People come to me all the time wanting to know if prices are going up or down in the next year Right now we are in a balancing act!!! Why do I say that? Right now we are in a very unique market.…
In residential investment, the higher the value of a house, the greater the investment potential. This relationship is particularly evident when construction costs are high, as the replacement cost will naturally increase. Enhancements such as home alterations, extensions, and especially location play significant roles in boosting property value. Often, a house’s value can be significantly…