Jen Sarge Realty

🤷‍♀️How do you know it's the right time? The right time to move on?

Spending many hours with sellers over the years, I’ve learned the telltale signs that it’s time for a change.

Here are a few questions to help you determine where you stand...

Has my home started to feel either too spacious or too snug? It's like a little kid outgrowing their favorite outfit – your needs might have outgrown your home.

How is my home equity? If it's standing strong, selling now could open the doors to a handsome profit, providing a solid foundation for your next purchase.

Is home maintenance starting to resemble a never-ending marathon I didn't sign up for? If the chores outweigh the joys, it might be high time to find a home that demands less of your attention.

Have I recently been through a major life event? Be it diplomas, diapers, diamonds, divorce, or death, these major life shifts often call for a change in address.

If these questions have put your mind in motion, don't hesitate to reach out. I'm here to help you decipher your next steps. 🏠

🔒What is the “Lock in effect”??

An unwillingness on the part of homeowners to trade in their lower-rate mortgages for higher ones.

Here’s where this trend stands today:
In Q3 2023, fewer Americans had mortgages below 6% than in 2022 due to moving. And what causes people to move regardless of interest rates? Major life events, including the 5 D's: diapers, diplomas, diamonds, divorce, & death

• Between Q3 2022 and Q3 2023, more homeowners chose to move, accepting higher mortgage rates.

•The lock-in effects still contributes to inventory shortages, but listings have started to rise due to slightly lower rates (under the 8% peak of 2023).

• Homeowners with historically lower mortgage rates (between 3% and 4%) are more likely to “suffer from” the lock-in effect than those with rates between 5% and 6%.

Rather than focusing on the rate, I’m telling buyers to focus on the affordability of the monthly payment.

If you want to talk about buying this spring — and what it would take to get you in a home of your own, please reach out to me. I'd love to connect!

https://mile-high-productions-llc.aryeo.com/sites/387-jasmine-ln-n-enumclaw-wa-98022-4617130/branded

This beauty is still on the market and awaiting its new inhabitants!

Fantastic neighborhood, glorious views from several spots on and in the property of Mt. Rainier (when she's not hiding 😅); BRAND new roof that has a lifetime warranty and is transferable to new buyer, new irrigation system, master ensuite and walk-in closet to die for plus LOW HOA's. Come have a look!

MLS #2065119

📍387 Jasmine Lane North
Enumclaw, WA 98022

Call to schedule a showing!
☎️ Jen @ 425.223.9822 or Andy @ 425.223.8512

387 Jasmine Ln N, Enumclaw, WA 98022 | Mile High Productions LLC View this amazing property, images, and listing information.