Buyers & Sellers

Buyers & Sellers What is a 1031 exchange? A 1031 exchange is a way to sell and buy real estate while avoiding capital gains taxes. Named after section 1031 of the IRS code, it allows you to sell an investment and buy another similar investment without being taxed on the profits from your sale. It used to be possible to do a 1031 […]
Buyers & Sellers Home Prices Might Drop but Won’t Crash: What Buyers Should Know Some would-be home buyers are rooting for a full-on housing market crash because prices have zoomed so far past the point of affordability. Please “crash faster so I might be able to own my own place one day,” a Twitter user pleaded. Another user tweeted, “Let’s hope there’s a housing market crash so people have […]
Buyers & Sellers Understanding the Value of Your Home: Market Value vs. Assessed Value and More The math of a home sale is relatively straightforward. Sellers list their home at a certain price, a buyer makes an offer, and eventually the two parties reach a final, agreed-upon price. However, between these two points in the selling process, there are several other figures that go into to setting a home’s value that […]
Buyers & Sellers 10 Tips to Upgrade Your Bedroom We spend roughly a third of our lives asleep, so it’s only right that bedrooms be high on the priority list when it comes to home upgrades. Whether you’re looking for extra comfort or added liveliness from your personal sanctuary, these 10 simple tips will level up your bedroom. 10 Tips to Upgrade Your Bedroom […]
Buyers & Sellers Upgrading Your Work From Home Space We don’t need to tell you that COVID-19 drastically changed the way we live and work. An estimated 58% of Americans are now working remotely, and it has had an impact on how we use the space in our homes. Home offices, once a luxury, are now in high demand as working from home became […]
Buyers & Sellers Simple Kitchen Makeover Ideas Kitchen makeovers sit atop many homeowners’ wish lists, but they can be stressful and costly. However, there are simple projects you can tackle that will give your kitchen the look and feel of a total overhaul without breaking the bank. Simple Projects Backsplash Giving your backsplash a makeover can do wonders for your kitchen. Get […]
Buyers & Sellers Simple Bathroom Upgrades The thought of upgrading a bathroom often brings to mind large-scale renovations, demolition, and hefty price tags. Even projects like replacing a backsplash or repairing tile can be more involved than you might think. However, it’s possible to give your bathroom a makeover without breaking the bank (or your back). Whether you’re looking to just […]
Buyers & Sellers High ROI Remodeling Projects to Increase Home Value As you prepare to sell your home, one of the major considerations you may face is whether to remodel, and if so, how to allocate your remodeling budget. Remodeling can help differentiate your home from competing listings in your area, but this competitive advantage comes at a price. The following information provides insight on which remodeling projects […]
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Buyers & Sellers Housing prices continue to climb despite sky-high mortgage rates Will the Housing Market Be Better in 2024? Experts in a recent Zillow Research survey believe the inventory of housing to return to pre-pandemic levels by the end of 2024. Despite soaring mortgage rates pushing down demand for homes, real estate prices are still sky-high. Home sales have started to decline however, with some sellers […]
Buyers & Sellers Should You Refinance or Sell Your Home? Homeowners can often reach a financial fork in the road when they must decide to either refinance their existing mortgage or sell their home. Each route has its respective advantages depending on your financial health, the mortgage rate market, and the future needs of your household. Refinancing vs. Selling When working to ease the financial burden […]
Buyers & Sellers Home Safety and Security It’s true that your home is an investment and an asset, but most importantly, it’s your livelihood, so taking measures to adequately protect it is well worth your time. An unfortunate reality of being a homeowner is that your home can be a target for mischievous and/or criminal acts. Fortunately, there are tools and systems […]
Buyers & Sellers Tips For Emergency Preparedness With homeownership comes the responsibility of having to plan ahead for life’s unknowns. Emergencies come in many forms, depending on your local climate. So whether its more likely that you and your household need to prepare for the potential of a wildfire, a flood, or a winter storm, it’s crucial to have resources on hand to limit […]
Buyers & Sellers The housing market isn’t normalizing—Zillow predicts the wildest home price swing still awaits Depleted, stretched, and disheartened. That’s how a lot of home shoppers, who’ve lost home bid after bid over the past year, are feeling these days. When it comes to timing, they’ve certainly gotten the short end of the stick. Over the past 12 months, U.S. home prices are up 18.8%—an uptick larger than any 12-month […]
Buyers & Sellers Monday with Matthew: The Impact of Rising Mortgage Rates The Impact of Rising Mortgage Rates Hello there. I’m Windermere Real Estate’s Chief Economist Matthew Gardner. Welcome to the latest episode of Monday with Matthew. Over the past several weeks I’ve gotten a lot of messages from you wanting me to discuss the spike in mortgage rates that followed comments by the Federal Reserve, but […]
Buyers & Sellers Prosperity bomb 2.0? Bellevue passes Manhattan in housing prices For years Seattle has been in a high state of angst, or yearning in some cases, about the prospect that our fishing village was morphing into the new Manhattan. We had it all wrong. It turns out once-sleepy Bellevue was sprinting there first. You’ve probably been rubbernecking, as I have, at these insane stories about […]
Buyers & Sellers Beyond Supply And Demand: Today’s Tech Is Helping House Prices Skyrocket Falling interest rates and the pandemic are the top two reasons for house prices skyrocketing over the last year and a half but there’s another reason no one talks about. Today’s technology simply makes it easier for house prices to increase when buyer demand increases. If house prices are indeed more sensitive to increases in […]
Buyers & Sellers The Ultimate Seller’s Market: 10 Housing Records Set in 2021 Ten charts that illustrate a record year for the U.S. housing market, including the highest home prices and lowest supply of all time.  2021’s housing market has been, in a word, remarkable. The coronavirus pandemic and the resulting surge in remote work have changed where, when, why and how people buy homes. This past year, […]
Buyers & Sellers Home Sales About To Surge? We May See a Winter Like Never Before. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of […]
Buyers & Sellers 10 Mistakes to Avoid When Buying a Home Whether you’re a first-time homebuyer or have purchased a home before, the same mistakes can rear their head at any point in the buying process. By working closely with your agent, you can identify these pitfalls ahead of time and adjust accordingly. Mistakes in the buying process can lead to higher costs, added stress, and […]
Buyers & Sellers Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need? A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, […]