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Real Estate News | The Balduf Group Blog

Monday, April 17, 2023   /   by Sydney Stahr

Think Twice Before Waiting for Lower Home Prices - KCM

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.
A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:
“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”
And the latest data from Black Knight shows the same shift. The graph below compares home pric. ...

  housing questions, real estate, resources, real estate news, kitsap

Monday, March 27, 2023   /   by Sydney Stahr

It's Time to Get Ready to List Your Home!

The Best Time to List Your Home is Almost Here! 

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:
“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”
If you’ve been waiting for the best time to sell, this is your chance. But remember, before you put your house on the market, you’ve got to get it ready. And if you haven’t started that process yet, you’ll n ...

  housing questions, real estate, resources, pacificnorthwest, real estate news, kitsap, bremerton, gig harbor, poulsbo, silverdale

Wednesday, March 15, 2023   /   by Sydney Stahr

March 2023 Newsletter - Dennis Balduf

Don’t Talk to Strangers!
Well that’s an odd thing for a Real Estate Broker to say given that we often make our living doing exactly that!
Turns out that as we make our way through the trials and tribulations of raising a small human, we are quickly approaching the point at which we will need to have that conversation with her.  While Aubrey does tend to have a pretty good initial hesitation when it comes to strangers, she is also a very warm and bright little girl (wow…no longer our baby!) and she feels very secure in her world.  She is also quite curious and adventurous. These qualities could lead her to trust a smiling face when she ought not.  Soooo… we will have the talk but in a way that is educational vs. fear based so as not to kill that adventurous spirit or cause her to feel insecure or afraid (not the best way to go through life!).  We will tread lightly. 
Um…ok, Dennis, what has that got to do with Real Estate?&nbp ...

  housing questions, real estate, real estate news, market update, pacificnorthwest, housing update, statistics, kitsap

Tuesday, March 7, 2023   /   by Sydney Stahr

Is It Really Better To Rent Than To Own a Home Right Now?

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.
A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.
But here’s the thing – most people who rent aren’t making those investments.
Click the link here to read more from Keeping Current Matters! We enjoy their insights and want to share them with you!  ...

  housing questions, real estate, resources, real estate news, market update, housing update, statistics

Monday, October 17, 2022   /   by Sydney Stahr

The Future of Real Estate Communication is Here

In the current age of our world, digital communication is at its peak in technological advances. Employees can work from home using online chat rooms, team setups, and video conferencing. Students can attend classes virtually using online live classrooms and discussion boards to complete required class time and assignments. Even in Real Estate, online communication has become a much-needed key to success. Agents can walk through homes virtually with their clients using their smartphones, and some even go so far as to upload home tour walkthrough videos to their listings for future buyers to see for themselves.
So how far is our digital literacy going to take us? What about agents that did not grow up with the more recent technologies? Will they adapt as things change, or will they hold onto the “old ways” of conducting their business? I can tell you from experience that while most agents are embracing the recent advances in technology, there are several that have a diffic ...

  housing questions, real estate, resources, real estate news

The Balduf Group
Dennis Balduf
9564 Silverdale Way, Suite 100
Silverdale, WA 98383
360-649-5053

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