Renting out a property can be a lucrative investment, especially in a desirable location like Bellevue, Washington. With its booming tech industry, stunning natural beauty, and thriving cultural scene, Bellevue has become a sought-after destination for both residents and newcomers. However, preparing your rental home for tenants requires careful planning and attention to detail to […]
Read moreReal Estate Guidance, courtesy of North Pacific Property Management
Real Estate Investing in Seattle or Beyond? Learn from our team of Property Management Experts
Tag: housing market
Select to Filter
How To Effectively Advertise Your Rental Property
The rental housing industry has undergone drastic changes since 2020. A slew of new landlord-tenant laws has made the rental housing industry much more difficult to navigate than in years past. Furthermore, both prospective and current tenant habits have drastically changed after more than two years of lockdown. While some changes in tenant behavior have […]
Read moreToday’s Housing Market Is Nothing Like 15 Years Ago
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key […]
Read moreLower Mortgage Rates Are Bringing Buyers Back to the Market
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest […]
Read moreReasons To Sell Your House This Season
Some Highlights
Read moreApplying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]
Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search. Any major life […]
Read morePre-Approval Is a Critical First Step on Your Homebuying Journey
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s important to know what […]
Read moreTwo Questions Every Homebuyer Should Ask Themselves Right Now
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some homebuyers who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no […]
Read moreIs the Real Estate Market Slowing Down, or Is This a Housing Bubble?
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To […]
Read moreShould I Sell My House This Year?
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall. Opportunity #1: You Have More Options for […]
Read more