August 2018 Newsletter

Wednesday, August 15th, 2018

Inventory has been remaining steady these last couple of months. However, if you feel like there hasn’t been a lot of new listings entering the market compared to last summer, it is true! Based on the graph above it may appear there were more homes for sale this last June, but really the inventory is just not moving as fast. In June 2017 there were 50 new listings in Hood River County, but in June 2018 there were only 34 new listings. It seems as though affordability is always a topic discussed in Hood River County. Nationally the median home price is $296,000. In Hood River County our median home price for 2018 is $446,224. About $150k higher than the     national average, which is one reason affordability is always a concern! Wasco County the median home price is $225,000, Klickitat County $301,595, Skamania County $306,518.  If you have any questions or would like specific information on a listing, please feel free to give us a call.

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What to Avoid Before Closing Your New Home

Wednesday, August 15th, 2018

It's understandable; you’re excited; you've found the right home, negotiated a contract, made a loan application and inspections.  Closing is not that far away, and you are making plans to move and put personal touches on your new home.

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Cavett Roberts

Tuesday, August 14th, 2018

It’s understandable; you’re excited; you’ve found the right home, negotiated a contract, made a loan application and inspections.  Closing is not that far away, and you are making plans to move and put personal touches on your new home.

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Mortgage Prices

Monday, August 13th, 2018

Homeowners are attached

Friday, August 10th, 2018

No longer deductible

Thursday, August 9th, 2018

Rising Rates Affect the Cost Too

Wednesday, August 8th, 2018

Mortgage rates have risen 0.5% in 2018 on 30-year and 15-year fixed rate mortgages and experts expect them to continue to increase. Buyers paying attention to the market understand the relationship that inventory has on pricing; when the supply is low, the price usually goes up. Rising interest rates can affect the cost of homes also.

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Sacrifices to Purchase a Home

Tuesday, August 7th, 2018

First Time Buyer

Monday, August 6th, 2018
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