In the Tri-Cities, the median home sales price has increased between 7-10 percent over the past year. Meanwhile, over that same time period, interest rates have remained near historic lows. Together, this has let a lot of buyers enter the market and lock in low rates. If you’re selling your home, you’ll probably be most […]
You’ve probably seen the recent news articles about the cost of renting a home vs. owning a home. The headlines say home ownership is less affordable today than at any other time in the last decade. That’s true, but the headlines lack context and lead too many Tri-Cities renters to believe that they can’t have […]
The number of available homes is starting to grow, but inventory is still tighter than in normal years. Ergo, many homebuyers are considering building a new home instead of buying an existing one. As you can imagine, the buying process is a bit different when new construction is involved — there are a lot of […]
Down payment. The phrase itself is enough to strike fear in the hearts and minds of many homebuyers. More than that, down payments are often the biggest hurdle that a first-time homebuyer faces. Down payments are misunderstood. Many homebuyers think a 20 percent down payment is required, but that’s not true — it averages about […]
Buying a home is a big step for anyone, but especially for those of you who’ve never bought a home before. You probably have a ton of questions about how the process works, finding the right home, what to offer, getting a mortgage and more. But there’s an even bigger question you have to consider: […]
When I was a little girl, my parents toyed for a while with the idea of moving from our home in Hacienda Heights, California to a new home in Irvine, California. We spent numerous weekends touring floor plans and model homes, trying to isolate which one we’d choose. I don’t know what happened or why, […]
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