Tips for Making Competitive Offers in a Hot Housing Market

3 tips to help you make competitive offers!

Spring is in the air and that often means buyers start picking up their home search again. With inventory being low put yourself in a good position so you’re able to beat your competition when you find the perfect home!

Why Now is the Best Time to Buy a Home | Chinese New Year 2024

Why Getting Pre-Approved for a Home Loan is Crucial

Deciding to buy a home is exciting and typically begins with simply looking at homes. BUT I bet you didn’t know that a very crucial step is being overlooked and could result in an offer not being accepted.

Winter is coming….

I know I’ve mentioned it before, but it’s worth sharing again. Let’s talk about how homebuying can be favorable in the wintertime.

Q4 Housing Outlook

Late Fall and Winter is a favorable time to look at houses! Learn more by watching this short video.

FHA Loan Refresher

I think there is a good chance that FHA loans are going to be utilized more in the coming years. Watch this video to learn more about what an FHA loan is and how it may benefit you.

2020’s Housing

It’s a new year and a new decade! In this video I review the Portland, Oregon housing statistics and what we should expect to see over the next 10 years. Hint, hint…. home-ownership rates and housing demand will likely increase!

Questions, comments? We would love to hear from you!

Should I buy or rent?

Tired of paying rent and wondering if homeownership is right for you?  There is no doubt that owning your home can significantly improve your financial standing in the long-term.

In fact, a recent survey showed that homeownership was a greater predictor of net worth than age or education (see HERE).

In this video I talk about some of the benefits and risks of owning a home:

If you’d like to learn about your options for buying a home in a no pressure environment please contact me today to schedule an initial conversation.


6 home loan details to prepare prior to making an offer

Have you found the home you love and now you’re ready to make an offer?  There are six details you should be prepared to communicate to your Realtor to insure the transaction goes smoothly.

Watch this short video to learn what they are:

If you are wanting to work with a lender that is dedicated to delivering home loans without surprises please contact us today!


How home affordability is impacted by higher mortgage rates


As you may be aware mortgage rates are on the rise which is negatively impacting home affordability.

Over the past five weeks average fixed rate home loan rates have increased by ~.50%.  Many analysts think that rates will continue to rise for the remainder of the year.

How much does higher interest rates impact home affordability?  Take a moment to watch the video below for an explanation.

A .50% increase to mortgage rates effectively translates to a +6.3% increase to home prices.

In other words, a +.50% increase to interest rates for a conventional 30-year fixed rate mortgage has the same impact on monthly payments as if interest rates were unchanged and homes were 6.3% more expensive.

If rates should increase by an additional .50% over the remainder of the year this would make homes ~12% more expensive even homes don’t appreciate as a result of the basic tenets of supply and demand.

Given that many analysts think both mortgage rates and home prices are expected to increase for the remainder of 2018 it may be significantly less affordable to buy a home in the future than it is today.

Are you curious to learn about the options you have to purchase a home today?  Contact us for a no obligation review.