Blog

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For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?Here’s what some of the experts have to say on the subject:Aaron Terrazas, Senior...

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The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior...

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We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.

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This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way:

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Now that we are in the homestretch of 2018, where are we with real estate in Rim Country? Overall, we are still seeing a shortage of housing inventory below $250,000 and luxury homes sales have leveled off from last year. The average list price is...

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Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which...

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Agent

Wendy L. Larchick Associate Broker/Partner

Wendy L. Larchick Associate Broker/Partner

Phone(928)978-8090