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Welcome to Advanced Realty Group

We are happy to provide all the information you need to buy or sell real estate in Pasco, Kennewick, Richland, West Richland, Burbank and surrounding areas. As premier real estate Broker in Tri-Cities, we look forward to serving you and will be happy to help at any time.

Serving the Tri-Cities Area for 21 years with Residential Home Purchases & Sales, New Construction, Multi-Family Homes, Farms and some Commercial too. My Real Estate Designations: (CRS) Certified Residential Specialist (ABR) Accredited Buyer Representative (SRES) Senior Real Estate Specialist (e-Pro) Internet Pro Designation and the Designated Broker you can trust to help you with your Real Estate Needs. When you want someone with experience, knowledge, outstanding negotiation skills, marketing & up to date with the current issues in the ever changing industry, you can put your trust in Mary Lynn Heinen, Advanced Realty Group. Search homes at your leisure at www.TriCityHomes.org

Serving Tri-Cities Home Owners & Investors Since 1993!

To View Homes - Click on City: Kennewick, Pasco, West Pasco, Richland, West Richland, Burbank, Eltopia, Finley, Benton City, Mesa, Connell

Learn More About Me

FOR BUYERS

Whether you are a first time homebuyer or a seasoned veteran we have all the resources you need to buy real estate in Pasco, Kennewick, Richland, West Richland, and Burbank.

FOR SELLERS

Find out how much your home is worth and how we can help you get top dollar for your home.

MaryLynn's Blog

First-Time Home Buyers Continue to Put Down Less Than 6%!

First-Time Home Buyers Continue to Put Down Less Than 6%! | Simplifying The Market

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.

Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers and 54% of all buyers put less than 20% down.

Ralph McLaughlin, Chief Economist and Founder of Veritas Urbis Economics, recently shed light on why buyer demand has remained strong,

“The fact that we now have four consecutive quarters where owner households increased while renters households fell is a strong sign households are making the switch from renting to buying.

Households under 35 – which represent the largest potential pool of new homeowners in the U.S. – have shown some of the largest gains. While they only make up a third of all homebuyers, the steady uptick in their homeownership rate over the past year suggests their enormous purchasing power may be finally coming to [the] housing market.”

It’s no surprise that with rents rising, more and more first-time buyers are taking advantage of low-down-payment mortgage options to secure their monthly housing costs and finally attain their dream homes.

Bottom Line

If you are one of the many first-time buyers unsure of whether or not they would qualify for a low-down payment mortgage, let’s get together and set you on your path to homeownership!

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Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging.
  • 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market.
  • 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.
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House-Buying Power at Near-Historic Levels

House-Buying Power at Near-Historic Levels | Simplifying The Market

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.”

Their index is based on three components:

  1. Median Household Income
  2. Mortgage Interest Rates
  3. Home Prices

The report explains:

“Changing incomes and interest rates either increase or decrease consumer house-buying power or affordability. When incomes rise and/or mortgage rates fall, consumer house-buying power increases.”

Combining these three crucial pieces of the home purchasing process, First American created an index delineating the actual home-buying power that consumers have had dating back to 1991.

Here is a graph comparing First American’s consumer house-buying power (blue area) to the actual median home price that year from the National Association of Realtors (yellow line).

House-Buying Power at Near-Historic Levels | Simplifying The Market

Consumer house-buyer power has been greater than the actual price of a home since 1991. And, the spread is larger over the last decade.

Bottom Line

Even though home prices are increasing rapidly and are now close to the values last seen a decade ago, the actual affordability of a home is much better now. As Chief Economist Mark Fleming explains in the report:

“Though unadjusted house prices have risen to record highs, consumer house-buying power stands at near-historic levels, as well, signaling that real house prices are not even close to their historical peak.”

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Blog

Winter Selling Your Home in Pasco, Kennewick or Richland WA

People across the country are beginning to think about what their life will look like next year. It happens every Fall. We ponder whether we should relocate to a different part of the country to find better year round weather or perhaps move across the st... Read more
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Testimonials

”We couldn’t have picked a more sensitive and committed Realtor in the Tri-Cities. Mary Lynn dedicated an entire afternoon to show us the area, before we even decided to relocate from the Midwest. Her energetic personality and hard work minimized the stress of house hunting during a major transition for our entire family” Makyla Iverson, owner of Canvas Diva Designs
We can’t thank you enough for all that you did for us. Selling our house, buying our lot, and working with Rick & Jack and for working with Ivy Glades Design Review Committee. We would have never gotten through this process without you. Many thanks for all the many ways you make life nicer. Ellen & Glenn Wright
Mary Lynn moved the sale of our home very swiftly and professionally and removed the stress that goes along with the sale of a home. As in football terms, she took the ball and ran with it! Gayle and I feel that Mary Lynn did such a great job that we will use her as our agent to get us settled into our new town house. A big thank you to you Mary Lynn, as we know that we made the right decision in picking you for our real estate agent. P.S. Anyone planning a sale of their home or property, we highly recommend contacting Mary Lynn Heinen, and attaining her for as their sales agent. Raymond & Gayle Kohne
Mary Lynn Heinen: was recommended by a friend, Heidi, who she helped find an awesome home when relocating to the Tricities and later helped her sell the house when a new job took her away from the Tricities. Both of these times were extra ordinarily stressful times for Heidi and MaryLynn work hard to make the deals happen efficiently and professionally. She was not just interested in the sales, but was truly concerned for her client circumstances. When my husband and I began looking for a new home we met with MaryLynn and she immediately wanted to learn what we were looking for and our expectations of her in helping us find our home. She showed us houses that met our description and was patient with us. We took an unusually long time to find what we wanted and she never pressured us nor gave up on us as clients. Once we found what we wanted she walked us through the process and has followed up with us to be sure we are satisfied. The stand out for us was that she honored our request to not be called "all the time", listened to us, cared about satisfying her clients not just making the sale. Truly a professional who knows her business and appreciates her clients. We would highly recommend her." Deborah Glatt
MaryLynn was reserached and recommended to me by another realtor I was working with in Western Washington. MaryLynn worked closely with me to find and purchase the right home for me in Richland, WA. She listened to my needs, assertively sought showings during my "time crunch" before moving, knew quality mortgage lenders, and kept a delightful sense of humor and perspective on the process. Five years later when I needed to sell, I did not hesitate to reconnect and solicit her help in marketing, staging, and selling my property. She knew the local and regional market dynamics, best strategies for showing the home, and hosted an open house which was attended by over a dozen prospective buyers in one day. MaryLynn suggested quality repairmen, coordinated with a local home staging service and mortgage lenders to provide full service options to buyers. While still in the Great Recession, my home sold at a profit in under two months. I highly recommend MaryLynn for her knowledge of the area, connections with quality vendors, and her deep understanding of the pressures buyers and sellers face when moving in to the Tri-Cities and again when leaving.See More" Heidi Weisert-Peatow
I live down the road from MaryLynn, but we also attended high school together. She is excellent at what she does. My son was looking to buy a house so I recommended that he work with MaryLynn. He was a "Property Virgin" and she handled him skill but carefully! She was able to explain any the details required in buying a home in a manner that he was not overwhelmed. It took several houses before he finally decided on his starter home and she was very patient with him. She knows her business but is also knows how to treat her clients. One other thing is that she is a Go-Getter!See More" Dana Kranz
Mary Lynn is a very knowledgeable and dedicated real estate professional. She has provided excellent service to me for multiple transactions and I wouldn't use any one else. I highly recommend her. You will be given excellence service and dedication with your home sale/purchasing needs. She makes herself available to you 24/7 until you have made the sale or purchase. She has given me some very helpful tips to improve my rental business and she has become a good friend.See More" 04/13/2012 Marjean Dunn
MaryLynn is a very honest and reliable Broker who takes pride in finding everything in a home she can that will please her buyers. She also works continuously to advertise and showcase the homes of sellers. She is very straight forward and knowledgable about what changes may or may not need to be done to sell a home. She also stays involved in the education and continuous changes in reality." 07/29/2013 Angel Moody
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Blog

Winter Selling Your Home in Pasco, Kennewick or Richland WA

People across the country are beginning to think about what their life will look like next year. It happens every Fall. We ponder whether we should relocate to a different part of the country to find better year round weather or perhaps move across the st... Read more
View All
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