Agent Reviews: “Though she is impeccably polite and professional…”

Kena Greer Brashear and her team really know their stuff!  . . .

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Agent Reviews: “She and her team were gracious to me…”

Kena Greer Brashear and her amazing team are always going above and beyond for our clients! . . .

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Should You Add Your Child to Your Home’s Deed?

While your intentions are only good, adding your underaged child to your home’s deed may not be the best idea. As we age we begin to ponder what life will...

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Forget Tiny Homes

Forget tiny homes, apparently, 3D printed homes are all the rage in Texas! . . . Imagine living in a 600-800 square foot home that was “printed”, yes we said...

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Financial Peace University Course with Art Morgan

We’re so proud of you, Art Morgan! What an amazing opportunity, not only for you but for those seeking guidance in finance in our community.    Our very own, Art Morgan...

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The Cost of Waiting:Interest Rates Edition

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Some Highlights:

  • Interest rates are projected to increase steadily heading into 2019.
  • The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!

If you would like more information or a referral to someone who can guide you through the home mortgage process. Click Here to contact us today!

Welcome new agent Maggie Parker!

Maggie Parker, a Whatcom County native and former owner of a Ferndale restaurant, recently joined Muljat Group Realtors as a broker. Parker, a Ferndale High School graduate, spent the last...

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Agent Spotlight: Matt Goldman

Agent Spotlight: Matt Goldman This week’s Agent Spotlight features one of our newest team members, Matt Goldman! Keep on reading to learn more about Matt’s beginnings and the weird incident where...

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Have You Outgrown Your Starter Home?

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For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.

It may seem hard to imagine that the first home you purchased (which made your dreams come true) might not be the home that will allow you to achieve the rest of your dreams. The good news is that it’s ok to admit that your home no longer fits your needs!

According to CoreLogic’s latest Home Price Index, prices in the starter home market have appreciated faster than any other category over the last year, at 9.4%. At the same time, inventory in this category has dropped 14.2%.

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These two stats are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a starter home and are looking to move up to a larger home as the equity in your home has risen as prices have gone up. Even better is the fact that there is a large pool of buyers out there searching for your starter home to help them achieve their American Dream!

Bottom Line

If you have outgrown your starter home, click here to contact us today! We can explain the market conditions in your area and help you find your next home!

Existing Home Sales-Cooling Off This Summer

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Some Highlights:

  • According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year.
  • Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the 6-month supply needed for a normal market.
  • NAR’s Chief Economist Lawrence Yun had this to say: “There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of the country in relation to the actual pace of home sales, which are declining. The root cause is without a doubt the severe housing shortage that is not releasing its grip on the nation’s housing market.”