There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up.

There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023):

Before committing to purchasing a property, it's vital to anticipate all associated expenses. Alongside saving for the down payment, prospective homebuyers should also consider budgeting for closing costs.

Here's a comprehensive overview of what closing costs entail and how to estimate them, tailored for those eyeing properties on Bainbridge Island.

What Are Closing Costs?

A recent article from Bankrate explains: