Homebuyers: 2025’s Ride Will Be Bumpy!
Home values are expected to rise 2.6% in 2025, matching 2024's growth pace. Sales of existing homes will climb to 4.3 million in 2025, up from 4 million this year.
Uncategorized
How Rate Cuts Could Fuel Homebuying Competition
The Fed influences mortgage rates indirectly through its policy on inflation and labor market data. Mortgage rates generally drop with Fed rate cuts, making borrowing cheaper for consumers.
Top Tips for Avoiding High Mortgage Rates
Feeling trapped by high interest rates? Take charge with these effective strategies to secure better mortgage rates. Review and improve your credit report and score to enhance lender confidence and secure favorable rates.
How to rent an apartment with low income
Low income housing in Seattle is designed to assist those with limited financial resources. It offers reduced rental rates, income verification, and partnerships with various organizations. The Affordable Housing Search Tool helps individuals find low-income apartments and Section 8 vouchers provide assistance for renting homes on the private market. Continue to full article
2026 Interest Rate Forecast: Continued Adjustments
Federal funds rate projected to fall from 3.7% (Q1) to 3.1% (Q4), marking consistent quarterly reductions. Rate adjustments aim to stabilize the economy, setting the stage for long-term equilibrium.
2025 Interest Rate Forecast: Economic Balancing Act
Rates to drop from 4.5% (Q1) to 3.9% (Q4), following gradual rate cuts across four quarters. Rate cuts aim to boost borrowing and economic activity while addressing inflation concerns.
Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
Mortgage Calculator: How Much You Need To Buy a Home in Idaho at a Rate of 6.91%
The average rate on a 30-year mortgage increased to 6.91%. In Idaho, the median home price is $559,450, requiring a 20% down payment of $111,890, resulting in a monthly payment of $2,951. With a 10% down payment, the upfront cost is $55,945, leading to a monthly payment of $3,319. These payments exclude taxes and insurance. … Continued
Top Markets for Office Development in the West
In 2024, the office sector saw significant changes with high vacancy rates and minimal increases in office utilization. Nationally, office space under construction decreased to 57.8 million square feet, down by 39 million from 2023. In the Western U.S., the office pipeline dropped to 694,266 square feet from 1.6 million in 2023. Notable developments included … Continued
Boise City 2025 Housing Forecast
Sales inching up 2.0%, showing modest interest.Prices surging 12.3%, indicating strong competition.Limited inventory growth may sustain price pressure.