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Mortgage Rates in the coming year

Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.  But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s …

What’s Ahead for Home Prices?

What’s Ahead for Home Prices? As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most …

The True Strength of Homeowners Today

What is the strength of home owners today? The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 …

Why You Should Consider Condos as Part of Your Home Search

Why consider condos in your search? The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for …

August Activities – Too many fun choices!

There is no shortage of things to do this August in the Willamette Valley! We are in full swing with summer, and there are so many fun activities. It’s honestly hard to choose from since there are so many. If you’re in the mood to get your groove on with music, you’re in luck. There …

Keizer Office – Quadruple the Sales

The Keizer office has been doing some wonderful things. We are also excited to announce that the Keizer office has more than quadrupled in sales within the last couple of years. Yes, you read that right! At BST Realty LLC, we love seeing how each of our offices is flourishing. Michael has cultivated the office …

BST Realty LLC expands its services with Adwerx

At BST Realty LLC, we value our clients. This means we want to provide simply the best service. It seemed only logical to add another impactful service to our company with Adwerx. What does Adwerx do? It specializes in digital advertising strategies to optimize outcomes for listings. As Adwerx puts it, “Digital ads for new …

Real Estate Will Lead the Economic Recovery

Real Estate Will Lead the Economic Recovery. With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work …

Three Reasons Why Pre-Approval Is the First Step in Homebuying

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This …

First-Time Buyers Are Searching for Existing Homes This Year

In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019. The …

Biggest Issues Facing The Housing Market

Inventory......Interest rates.....Appreciation The housing market will be defined by three things... This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation.  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for buyers, especially on the lower end of …

Selecting Your Real Estate Broker

Selecting Your Real Estate Broker Having a real estate broker is like having an opinion – virtually everybody has one. And like a good tenant for owners of investment properties, good real estate brokers are gold.  How do you select a good one? Ask your friends, family, co-workers, your title company friend, your mortgage broker, …

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