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Andree Hurley
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Andree Hurley
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  • Realtor®
    • Neighborhoods
      • Magnolia
      • Ballard
      • Queen Anne
  • Buying
  • Selling
  • Blog and Real Estate News
    • Newsy Real Estate Links
    • Northwest Multiple Listing Service Press Release
    • Real Estate News
    • Landscape and Garden Design
  • Resources
    • Claims of Copyright Infringement & Related Issues
  • Andree Hurley
  • Contact
  • Testimonials

Contact

Andree Hurley

(206) 669-1622 

andree@seattlehometour.com

 

Recent Posts

  • Current Interest Rates
  • Fall Seller’s Guide
  • Fall Buyer’s Guide
  • Summer Newsletter
  • Summer Buyer’s Guide

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Andree Hurley, REALTOR®
Today's Real Estate News As you get ready to sell Today's Real Estate News As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. DM me for advice on what you may want to do to get your house ready to sell this season. #Sellyourhouse #moveuphome #dreamhome #realestate
Today's Real Estate News With the rapid shift tha Today's Real Estate News With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. >>Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due to a foreclosure, short sale, or because they gave it back to the bank. This was, in large part, because of more relaxed lending standards where people could take out mortgages they ultimately couldn’t afford. Today, revised lending standards have led to more qualified buyers. As a result, there are fewer homeowners who are behind on their mortgages. >>There Have Been Fewer Foreclosures over the Last Two Years During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The program gave homeowners facing difficulties extra time to get their finances in order and, in many cases, work out a plan with their lender. And most importantly, the number of foreclosures we’re seeing now is still far below the number we saw during the market crash. >>Most Homeowners Have More Than Enough Equity To Sell Their Homes Due to rapidly rising home prices over the last two years, the average homeowner has gained record amounts of equity in their home. And if they’ve stayed in their homes even longer, they may have even more equity than they realize. If you have questions, DM me today. #realestate #homeownership #homebuying #realestategoals
Yesterdays snowfall… Watson loved it! #PoodlesOf Yesterdays snowfall… Watson loved it! #PoodlesOfInstagram #Snoww #TruffleDog
Today's Real Estate News Each year, homeowners pl Today's Real Estate News Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. Here are five great reasons you shouldn’t wait to sell your house. 1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. 2. Serious homebuyers are out looking right now. Millennials are driving homebuying demand today, and many are eager to make a purchase. 3. The desire to own a home doesn’t stop during the holidays. In fact, homes decorated for the holidays appeal to many buyers. Plus, purchasers who look for homes during the holidays are ready to buy. 4. You can restrict the showings in your house to days and times that are most convenient for you. That can help you minimize disruptions, which is especially important this time of year. 5. Rents have skyrocketed in recent years. And, many buyers are looking to escape rising rents and avoid falling into the rental trap for another year. Your home could be their ticket to leaving renting behind for good. There are still many reasons it makes sense to list your house during the holiday season. DM me to determine if selling now is your best move. #realestate #homeownership #homebuying #realestategoals
Beautiful dog walk at the beach today with views o Beautiful dog walk at the beach today with views of the Cascade Mountains, sailboats and plenty of birds! #DogWalk #PoodlesOfInstagram #Sailboat #OlympicMountains #PugetSound #PNW
‘Tis the week for dancing… A bluesy birthday p ‘Tis the week for dancing… A bluesy birthday party… #blues #bluesmusic
Wonderful day-after-Thanksgiving dance tonight. #W Wonderful day-after-Thanksgiving dance tonight. #Walt #Swing #CountryTwoStep #Thanksgiving #GivingThanks #Community
Today's Real Estate News While there are many fin Today's Real Estate News While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, and is an achievement to feel proud of. DM me today to discuss all that homeownership has to offer. #realestate #homeownership #homebuying #realestategoals
Enjoying Casey Macgill at the Swedish Club; Seattl Enjoying Casey Macgill at the Swedish Club; Seattle has so much to offer. #CaseyMacgill #SwedishClub
Today's Real Estate News If you’re thinking abo Today's Real Estate News If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. According to Calculated Risk, for the week ending in November 18th, there were 47.7% more homes available for sale than there were at the same time in 2021. And having more options for your home search may be exactly what you need to feel confident about making a move. >>What Caused the Growth in Housing Inventory This Year? The increase we’ve seen in housing supply this year isn’t from the source you think it is. Rather than an influx of recent homeowners listing their houses for sale (known as new listings), the primary reason the supply has grown is because homes are staying on the market a bit longer (known as active listings). That’s happening because higher mortgage rates and home prices have helped moderate the peak frenzy of buyer demand, which has slowed down the pace of sales. And while overall inventory gains may slow down this winter due to typical housing market seasonality, you still have a chance to capitalize on the current supply. >>What This Means for Your Home Search Regardless of the source, the increase in available housing supply is good for buyers. More homes available for sale means you have more options to choose from as you search for your next home, and you may even have more time to consider them. Just remember, housing supply is still low overall, so it won’t suddenly be easy – it’ll just be less challenging than it was at this time last year. If you’re ready to jump into the housing market and see what’s available in your local area, DM me today. #firsttimehomebuyer #opportunity #housingmarket
Beautiful fall day at the Dunn Gardens, love the l Beautiful fall day at the Dunn Gardens, love the leaves falling with the rain. #DunnGardens #Olmsted #Autumn #RainyDay
Wonderful night dancing to Dina Blade! Thanks to N Wonderful night dancing to Dina Blade! Thanks to NW Dance Network! #DinaBlade #NWDance #Dance #SwingDance #Waltz
Today's Real Estate News Over the past nine month Today's Real Estate News Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. This is because the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. This month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could look like next year. As long as inflation is high, we’ll see higher mortgage rates. Recently, we’ve seen indications that inflation may be cooling, giving us a glimpse into what may happen in the future. The mortgage market is eagerly awaiting positive news on inflation. As Ali Wolf, Chief Economist at Zonda, says, “The housing market is expected to face continued uncertainty heading into 2023 as consumers, financial markets, and policymakers work through their respective challenges in today’s economy.” As we get through the inflation battle and start to see that coming down, we should expect mortgage rates to follow. We’ve seen nods of this over the past couple of weeks. As the Federal Reserve works to bring inflation down, mortgage rates will come down as well. Bill McBride from Calculated Risk says, “My current view is inflation will ease quicker than the Fed currently expects.” As we look toward next year, we certainly hope he’s right. Mortgage rates will come down – it’s just a matter of time. The hope is we continue to see more positive news on inflation, and that’ll bring mortgage rates down. This will give prospective homebuyers more buying power and lead to more homeowners throughout the country. #realestate #homeownership #homebuying #realestategoals
Beautiful day and lovely sailboat seen coming out Beautiful day and lovely sailboat seen coming out of the locks and under the railroad bridge. #Sailboat #Locks #RailroadBridge #PugetSound #PNW
Today's Real Estate News There’s no denying the Today's Real Estate News There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. >>1. Should I Wait To Sell? Even though the supply of homes for sale has increased in 2022, inventory is still low overall. That means it’s still a sellers’ market. While buyers have regained some negotiation power as inventory has grown, you haven’t missed your window to sell. Your house could still stand out since inventory is low, especially if you list now while other sellers hold off until after the holiday rush and the start of the new year. >>2. Are Buyers Still Out There? If you’re thinking of selling your house but are hesitant because you’re worried buyer demand has disappeared in the face of higher mortgage rates, know that isn’t the case for everyone. While demand has eased this year, millennials are still looking for homes. If you’re wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. >>3. Can I Afford To Buy My Next Home? If current market conditions have you worried about how you’ll afford your next move, consider this: you may have more equity in your current home than you realize. Homeowners have gained significant equity over the past few years and that equity can make a big difference in the affordability equation, especially with mortgage rates higher now than they were last year. If you’re thinking about selling your house this season, DM me so you have the expert insights you need to make the best possible move today. #realestate #homeownership #homebuying #realestategoals
Beautiful sunset last night. #PNW #Sunset #Olympic Beautiful sunset last night. #PNW #Sunset #OlympicMountains #PugetSound
Burning off a little energy before truffle hunting Burning off a little energy before truffle hunting. #Trufffle #TruffleDog #Forest #ForestBathing
We had an excellent time having dinner at a new ve We had an excellent time having dinner at a new venue last night, and loved this jazz band and the young musicians. #jazz
Today's Real Estate News VA Loans can help make h Today's Real Estate News VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One way we can honor and thank our veterans is to ensure they have the best information about the benefits of VA home loans. #firsttimehomebuyer #opportunity #housingmarket
Andree's November Newsletter - Happy Autumn! Andree's November Newsletter - Happy Autumn!
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Andree Hurley Realtor

14 hours ago

Andree Hurley Realtor

Today’s Real Estate News

As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. DM me for advice on what you may want to do to get your house ready to sell this season.
#Sellyourhouse #moveuphome #dreamhome #realestate … See MoreSee Less

Winter Home Selling Checklist

www.simplifyingthemarket.com

Some Highlights As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a…

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Andree Hurley Realtor

3 days ago

Andree Hurley Realtor

Today’s Real Estate News

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market.

>>Not as Many Homeowners Are in Trouble This Time

After the last housing crash, over nine million households lost their homes due to a foreclosure, short sale, or because they gave it back to the bank. This was, in large part, because of more relaxed lending standards where people could take out mortgages they ultimately couldn’t afford.

Today, revised lending standards have led to more qualified buyers. As a result, there are fewer homeowners who are behind on their mortgages.

>>There Have Been Fewer…
#realestate #homeownership #homebuying #realestategoals … See MoreSee Less

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

www.simplifyingthemarket.com

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many ke…

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Andree Hurley Realtor

5 days ago

Andree Hurley Realtor

Today’s Real Estate News

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. Here are five great reasons you shouldn’t wait to sell your house.

1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand.

2. Serious homebuyers are out looking right now. Millennials are driving homebuying demand today, and many are eager to make a purchase.

3. The desire to own a home doesn’t stop during the holidays. In fact, homes decorated for the holidays appeal to many buyers. Plus, purchasers who look for homes during the holidays are ready to buy.

4. You can restrict the showings in your house to days and times that are most convenient for you. That can help you minimize disruptions, which is especially important this time of year.

5. Rents have skyrocketed in…
#realestate #homeownership #homebuying #realestategoals … See MoreSee Less

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

www.simplifyingthemarket.com

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their lis…

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  • Current Interest Rates
  • Fall Seller’s Guide
  • Fall Buyer’s Guide
  • Summer Newsletter
  • Summer Buyer’s Guide

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I’d love to hear from you if you are interested in buying or selling a home,
or for a free market analysis!

Andree Hurley
Cell: 206-669-1622 Email: andree@seattlehometour.com

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