Are you ready to sell?:
If your ready to sell your home, we can help. Let one of our experienced agents prepare a comparable market analysis for you. To help you decide if this is the right time for you to sell your home CALL US TODAY! 360-577-1078
Are you ready to Buy?:
If your ready to buy a home, we can help. Let one of our experienced agents show you some homes that are desirable to you . To help you decide if this is the right time for you CALL US TODAY! 360-577-1078
Are you looking to Rent?:
If you need a rental, we can help! Click on renter tab on this page to jump right to finding your rental today!. Find what you will need from our downloadable choices. Down load For Rents Lists, Download application & criteria and documentation you will need to know about renting from Arrow. Let us help you find the rental you need. CALL US TODAY! 360-577-1078
WILL HOME SALES & PRICES CONTINUE TO RISE IN 2017?
The days of multiple bids and offers that are typically way higher than a home?s asking price?you know, that stuff that we now consider to be normal in the housing biz?aren?t expected to disappear any time soon. But here?s the good news: Things aren?t expected to get too much worse in 2017 either.
Rising mortgage rates as well as a dearth of affordable, existing homes (i.e., previously lived-in residences) on the market are expected to lead to a smaller increase in sales in 2017, according to the latest quarterly survey from the National Association of Realtors?.
The survey was of nearly 2,800 U.S. households and conducted from October through early December.
Existing-home prices are expected to go up 4% in 2017, slowing down just a bit from 5% in 2016, according to NAR.The pace of sales is also expected to slow, rising just 2% in 2017, compared with 3.3% in 2016
All in all, 2016 is expected to be the best year for existing-home sales since the height of the housing boom in 2006.
2017 will ?be a year of growth in both sales and prices,? says Chief Economist Jonathan Smoke. ?But that growth will be slower than what we?ve seen over the last three years.?
Those higher mortgage rates have already driven monthly mortgage payments up 7% since the presidential election, Smoke says. And those bigger bills are expected to make it harder for wannabe homeowners, particularly first-time buyers, to qualify for loans.
That?s in addition to the low inventory of available homes on the market that they need to contend with. In November, there were 12% fewer new and existing homes for sale on realtor.com than the same month a year earlier.
Still, the majority of households surveyed still believe now is a good time to buy a home, But fewer renters are getting the buying bug these days. That?s because housing prices are continuing to go up, making affordability an ever bigger challenge, says Lawrence Yun, NAR?s chief economist.
?Younger households, renters, and those living in the costlier West region?where prices have soared in recent months?are the least optimistic about buying,? Yun said in a statement.
According to the survey, about three-quarters of current homeowners who are over 45, make more than $50,000 a year, and live in the Midwest or South were the most confident that now is the time to close on the homes of their dreams.
They are typically the most financially stable or live in the most affordable regions of the country.
But for everyone else, it?s not all doom and gloom. Lenders are beginning to make more loans to buyers with lower credit scores and down payments as well as higher debt-to-income ratios as a result of rising mortgage rates, says Smoke.
That?s because fewer homeowners are likely to refinance their mortgages now that rates have gone up. To make up for that loss in business, lenders have to issue more loans. And higher rates can net mortgage makers higher profits, he says.
?Lenders are getting more aggressive,? Smoke says. ?Credit access already appears to be improving because of the rates.?
Buy, Sell Or Rent a home? You have come to the right place!
APPLY TODAY /CHECK OUT OUR RENTAL SPECIALS!!!!
APPLY FOR AN AVAILABLE SOON PROPERTY
1417 15th Ave Suite # 6 Longview WA 98632
You have come to the right place. Let one of our experienced agents prepare a comparable market analysis for you, if you are looking to determine if now is the right time for you to sell your home we can help!!!
READY TO BUY A HOME?
You have come to the right place. Let one of our experienced agents help you get pointed in the right direction to get you on the right path to home ownership. 1st time buyers, upgrading to another home or just looking to buy another home in a new area. We can help you!
Got property management?
We are excited here at Arrow to have an experienced property management division! Able to take care of all aspects of your properties needs. For more information on our management services & to get started on saving money, having peace of mind knowing your rentals are in good hands, being able to go about your lives enjoying things like vacation, travel, ect. while we are handling all aspects of you rentals. click on the property management tab to get started today!
TENANTS: Tenants, need a work order?
Download a work order here: WORK ORDER.pdf
You may e-mail it in, or fax it to 360-577-1083
e-mail work orders to email@example.com
Or just print it out and bring it in.
Brokerage and all Agents Members of :
& Licensed in the State of Washington