Buying your first home is one of the most significant financial decisions you’ll make — and one of the most rewarding. A starter home is typically the first step on the path to building real equity, and in Washington State there are more options to get there than most first-time buyers realize.
When I bought my first home, I ended up in a small rambler in Northeast Tacoma — FHA loan, 3.5% down, and a brutal commute to downtown Seattle. But I was so proud to own something. We only lived there about two years before appreciation gave us enough equity to move up to our next home. That’s how starter homes work — and it’s why I believe so strongly in helping first-time buyers get into the market even when it feels out of reach.
Here’s what you need to know about loan programs, down payments, credit, and how to position yourself to compete in today’s market. [Read more…]
The housing market in the Pacific Northwest remains competitive with the continued lack of inventory. Homebuyers need to be patient and prepared for the process to possibly take a while.
The Existing Home Sales was released yesterday which reports on the closings of existing single-unit homes.
It’s fun to visit open houses on the weekends. You may be picturing yourself living in the home, enjoying the backyard or perhaps 
