Disclaimer: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. Pahlisch Homes always encourages you to reach out to an advisor regarding your own situation.   Promissory notes. Origination fees. Debt-to-income ratios. Dipping your toes into the world of home loans can feel more like diving headfirst into a confusing swirl of technical jargon and complex equations. That can be especially distressing when you’re trying to make such a big decision with so much money at stake. Whether you’re a first-time home buyer or just in need of a refresher, we want you to feel empowered, not overwhelmed. That’s why we partnered with Hixon Lending — our preferred…

Is now a good time to buy a home? Should you wait until next year? With rising interest rates and lingering financial impacts from the COVID-19 pandemic, answering these questions feels anything but simple. To help provide expert guidance on this complex topic, we invited Chris Kincaid, Senior Director of Sales here at Pahlisch Homes, to share his insights on where the housing market is today and where it might be going. As a principal managing broker and market analyst with 35 years of experience in home building and real estate, Chris is a true thought leader in this space. In this blog post, he’ll look back and offer his 2023 housing market recap; then, he’ll peer into his crystal…

Ah, summer. It’s the season of sunshine, pool parties, backyard barbecues . . . and moving vans? Statistics say yes! It’s estimated that nearly 45% of annual U.S. moves occur between May and August. And common sense supports the data. The summer months are usually more flexible for many people, and families want to settle into a new home before the school year starts. If your family is considering moving to the Pacific Northwest — or a new city if you’re already a PNW local — you may have lots of questions about the region’s many school districts. Have no fear; we can help you find some answers! With forty years of experience building homes and designing neighborhoods in Oregon…

For many people, homeownership is the ultimate dream! After all, home isn’t just a roof over your head. It’s a space that’s wholly and uniquely yours. It’s where life’s best moments and fondest memories are made. This is why Pahlisch Homes has been committed to providing a home built with intention since 1983.  Still, recent fluctuations in the housing market have many people wondering: Is now a good time to buy a house? We’re sharing predictions from our preferred lending partner, Hixon, to educate future home buyers about what to expect in 2023.  How did the housing market change in 2022?  Between rising inflation costs, recession fears, and climbing mortgage rates, 2022 was an eventful year for the housing market.…

With low home inventory and competitive sale prices, many are wondering—is now the right time to buy a home? Our preferred lending partner, Hixon Mortgage, weighs in, answering the top-of-mind question: Is the housing market going to crash? From navigating mortgage rates to understanding available financing programs, Hixon’s housing market predictions are here to help you make informed decisions.  What to expect from the current housing market When sensational headlines abound, it can be easy to get caught up in the uncertainty of the moment. And asking yourself if the housing market is going to crash is reasonable in an ever-changing mortgage landscape. But based on housing market predictions from our expert lending partners, there are plenty of reasons to…

Buying a new home is a fantastic adventure, but often the answer to what new home you buy depends on how quickly you can sell your current home. Listed below are steps you can take to help you sell your home fast. Here they are, from largest investment to smallest: Find your oldest appliance—and update it. The kitchen is the most inhabited room in your house. Not only is it for food prep and dining, but it’s also the activity center of your home: where kids do homework, where you sit down to pay bills, and where you entertain your neighbors that pop over from next door. Upgraded appliances are a mainstay of any modern kitchen, and are often a…

When buying a new home, there are plenty of things to think about. And even if you write down a list of all your needs and wants, you may still forget some of the things that will affect your life most. Here are 5 things to look for when searching for your new home: Schools If you have children, or are planning to have children anytime in the future, you know how important a school district can be. Make sure you do plenty of research on the schools your children will be attending, but also any news on if the school districts have any plans to change boundaries anytime soon. Future Development You never want to be surprised when moving…

Homeownership is up across the United States, for the first time since 2004. According to Realtor.com, the annual homeownership rate is now 63.9 percent — up from 63.4 percent in 2017. Joseph Kirchner of realtor.com said, “After eight years of recovery, home buyers have employment and confidence that they will keep their jobs, so that they can now take the plunge into homeownership.” The rise in homeownership is due to a stronger economy and fewer foreclosures, as well as millennials who are starting families and buying their first home. Millennial homeownership was up 1.3 percent in the fourth quarter of 2017 Because there are more millennials than Gen X-ers, their home purchases are making an important impact on the market.…