The Bellingham Real Estate Podcast

EP: 0035 - Move-Up Buying with Kate Fadden.

Paul Balzotti / Kate Fadden Season 1 Episode 35

Many homeowners have delayed a move-up purchase due to rising interest rates in 2023. In 2024, with rates projected to decline and the higher-end market still soft, this may be a good opportunity to consider a move-up purchase. Kate Fadden is a top-producing broker at JLS Bellingham, and she speaks with Paul Balzotti about the process of move-up buying and some creative ways to make it happen.

00:50 What is move-up buying and what does that look like.

04:18 Snoop Dogg almost buying in Bellingham.

5:55 Real Estate stats that benefit a move-up purchase.

08:25 Timing the market and interest rates.

11:00 The costs of waiting. 

14:44 Realtor cliches about it always being a good time to buy.

20:20 Consolidating debt when doing a move-up purchase.

You can reach Kate at katefadden@johnlscott.com.