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Simplifying the Market Blog

Thursday, October 26, 2023   /   by Brad Hanks

Unlocking Homeownership with Two Powerful Down Payment Assistance Programs

How much do I need to buy?
Many have the preconceived notion that you need 20% to purchase a home. With higher costs of living and inflation, home-ownership may feel like an unattainable goal. Washington State has two great programs that will leave you feeling optimistic and ready to concur your real estate goals.

But don’t worry... You can still buy.
When prices are high, competition is low. If you can make the finances work, you have a better chance of nabbing the home you want without competing offers from other buyers. Another benefit? Lower competition means homes are staying on the market longer. When that happens, home sellers are more willing to negotiate contract terms—and even their asking prices.

Ready to make your home ownership dream a reality? Here's how:

1. One+
This down payment assistance program offers a grant of up to 2% of the purchase price of the home (leaving a 1% contribution from the buyer) at no cost to the buyer. Also, the buyer gets t ...

Wednesday, October 26, 2022   /   by Brad Hanks

How Pumpkin Spice Lattes and Home Values Are Connected

Having access to a good cup of coffee is more important than ever, and pumpkin spice lattes are an even bigger reason to visit a coffee shop at this time of the year. What does all of this have to do with home values? There’s more to it than you realize.

Consider the Demand for Coffee
Did you know there are more than 19,000 Starbucks locations around the world? This $15 billion company is well recognized as a must-have, especially on the daily route to and from work. For home buyers, buying a home that’s close to a Starbucks actually could be very important, and for home sellers, being close to one could raise your home value.
Don’t think that it’s true? A study by Quartz showed that, in fact, it is! They looked at the location of Starbucks locations and Zillow data to determine that, when it comes to home value, having a Starbucks close by often means a “venti-sized” home valuation is likely. In fact, Quartz found that a home near a Starbucks s ...

Tuesday, July 12, 2016   /   by Brad Hanks

Now what?

So here we are, blogging.  Another in the millions of real estate blogs in the blogosphere. What can we say that will provide insight?  What relevance can we contribute to the chorus of real estate know-it-alls?  What information and expertise could we impart to our clients, customers and prospects that will be deemed noteworthy and useful?
Why don't you tell us?  What would YOU like to see in the way of another real estate blog?
RE/MAX Whatcom County
Brad Hanks, ABR, CDPE, CRB, CRS
913 Lakeway Dr.
Bellingham, WA 98229

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