The latest in real estate news.
Bob Ferguson, REALTOR®
Out of Bounds Realty
January 2025
Something from Bob

The fires in LA are devastating! Many of us are looking for ways to help, but the scammers are out in full force. So, be careful that you are sending your hard earned money to reputable organizations.

Meanwhile, here in the PNW, we are having a gentle (for the most part) winter so far. Yeah!?!?

Per the latest information from NWMLS (Northwest Multiple Listing Service), mortgage rates are higher at the end of 2024 than they were at the end of 2023 -- even with the multiple rate decreases from the Feds (though, Fannie Mae would disagree -- see my website). But, it appears that buyers and sellers are growing accustom to these rates as there were substantially more listings and sales in 2024 than 2023. Which means, it is still a good time to consider buying and selling.

Finally, a couple of interesting articles (at least, to me 🙂). One discusses boomers. their housing situations, and their choices. The other provides ways to reduce your home energy costs. You've probably heard one or more of these, but it's always good to look them over.

As always, I'm available to talk about your plans and/or anything I've mentioned above.

Until next month...

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The New Face of Homebuyers: Key Trends to Watch
Discover how evolving buyer priorities—from solo living to multigenerational households—are reshaping the housing market.
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Housing Market Hits Milestone with Year-Over-Year Growth
Housing sales are showing signs of recovery, and inventory is on the rise—find out what this means for buyers and sellers.
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Designing for the Future: Home Trends for 2025
Brand-new technology is pairing with a growing desire for old-world nostalgia.
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Making Small Changes: Resolutions That Last
Turn your resolutions into lasting habits—discover practical tips to make your goals stick this year.
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Mortgage Rates since 1971
Looking at the past can put into perspective how good or bad the current rates really are.
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Market Statistics Around the Puget Sound Region
The market has been very dynamic for years -- either a strong seller's market or a strong buyer's market.
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Past Newsletters

In case you missed a previous newsletter, all of my Out of Bounds Realty newsletters can be found here.

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