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Carl Self is first and foremost a proud father to Jordan and Alexis, but he is also a Senior Mortgage Originator licensed in the state of Washington since 1989. He started out part-time while working as an insurance agent for Pacific Cliffs Financial, and soon learned that he’s truly passionate about helping people to purchase a home. Having fallen in love with the mortgage industry quite quickly, Carl spent time reading and obtaining all of the information available to better serve his clie ...
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As expected, lower inventory in the month of December and likely attributed to the earlier wind storm and the holiday season. The Spring market will provide us with better information on how the 2025 real estate market will trend for these three counties in Washington State.By Ray Dove
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I added some thoughts on how to get ready to start your home search and some things to do to get your home ready to sell if you are a seller. I am also suggesting that you do the research as a buyer and seller to make sure that the information provided by the seller to the buyer is true and correct as the sellers have an obligation to represent the…
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In this Snohomish County Real Estate Market Update, I share Snohomish County housing market stats from October 2024. Do you have questions about the Snohomish County housing market? Thinking about buying or selling a home in Snohomish County? Please don't hesitate to reach out! People like you regularly contact me about their real estate goals afte…
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Even with interest rates slowly going down we are seeing an increase in inventory, and adjusted asking prices, yet homes are still selling. I belive that this fall we will see more buyer activity and inventory decreasing due to lower interest rates. Have also included in this Podcast some thoughts on VA and FHA assumable loans and my thoughts on ge…
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Some advice andon the ideal steps to take to either sell your parents home and/or to help your aprents downsize to a smaller home or move to a 55+ neighborhood. We are starting to see homes come on the market that have VA and FHA assumable loans, so do not overlook them as they might be a good opportunity for you to assume at their low interest rat…
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Yes, we continue to struggle with very low inventory, yet buyers are looking and buying homes with a few homes being sold after receiving multiple offers. If we see any interest rate reductions I think the market will get busier with more buyer activity and the inventory will contuinue to shrink as all indications are that we will not see any incre…
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Happy New Year! December was another month of continued low inventory, the only real highlight was that interest rates had fallen to the low 6% which helped with increased sales. I believe that rates will fall to the mid 5's by the spring of 2024. As a reminder, Jan 1 2024 ALL buyers MUST sign the new state approved Buyer Broker Service Agreement. …
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Yes, interest rates continue to go down, and Yes home are selling! Starting Jan 2024 there will be new rules on buyer representation, written contracts, that will include how the buyer broker will be compensated, either from the seller(s) or the buyer(s).By Ray Dove
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Yes, the market is still very active with lots of buyer interest in "good" homes (homes in good condition and preiced according to current market valuations) even with higher interest rates. We also have new state laws taking place effective January 2024, have a discussion with your real estate Agent/Broker about the changes as this will affect BOT…
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Ranting somewhat but what I discuss today is very valid on how real estate transactions can go sideways and fall apart. The best offense is to have a good defense, meaning get your home ready to sell and have full transparency to all parties and you will likely have a very satisfactory and successful transaction.…
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I am perplexed as to why they would bring in such a program that penalizes people for having good paying jobs, good credit and a history of saving money so that they can have a larger downpayment - I think this is absolutely ridiculous!By Ray Dove
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Decided to share my thoughts as well as additional information from Inman Real Estate (real estate industry newsletter) on the trends we have seen in the past and what we are seeing unfold in our Spring 2023 real estate market. Always good to look at the past trends and how those trends are shaping our current market…
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Read some articles on Predictions for the 2023 real estate market, thought I would share, in this Podcast, the Predictions that are floating around. Some of these make sense and may very well come true and some may not come true as the interest rates and inventory challenges will have a major effect on these and other predictions.…
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YES, we are seeing an increase in homes going on the market, yet we are still way below what a typical and equal balanced real estate market looks like - 4 to 6 months of inventory. We are now at 2 months of inventory. Yes, homes are selling, Yes some homes are selling in less than a week and Yes some homes are selling for over their asking price, …
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Mathew is the CEO of QuantmRE, a company that solves a real problem for homeowners by helping them access a portion of their home equity without the homeowner taking on more debt by using a Home Equity Contract. Find out more about this opportunity, as a homeowner or investor, at the following website: www.quantmre.com…
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In my opinion, this IS NOT 2008! So many different and stronger variables than what had taken place in 2008. Please remember, buying real estate is not a short-term investment and Lenders are in the business of making loans so we will see more types of loans become available to fit your budget. As a buyer don't get discouraged and don't give up. As…
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