Listings 2017 Real Estate Recap Happy New Year! The real estate market was a tale of two halves in 2017 in North King and South Snohomish Counties. January through June was a frenzy of multiple offers and escalating prices. The lowest average sales price during the year was in January at $582,000. That ballooned 18% through June to a high […]
Listings Spring Fever in the Seattle Housing Market! This is officially the wildest housing market I have seen in my 15+ years in the business! 2005-2007 was wild too but the exuberance wasn’t quite as high, especially outside core Seattle. Now, bidding wars are escalating home prices significantly (sometimes 10% or more) over the asking price nearly everywhere. However, overpricing your home will […]
Buyer Tips How Rising Mortgage Rates Affect Home Affordability (2017 Update) I made a similar post a few years ago as mortgage rates were rising slightly, but low and behold, they then turned lower again. Now, rates have increased noticeably since the election and are forecast to continue to rise, albeit at a moderate pace. So again, I thought I would talk a little about mortgage […]
Listings Happy New Year! As 2017 kicks off, I get to celebrate my 15-year anniversary at Windermere! I’m proud to be associated with such a great company, and I’m grateful to be able to work with so many enjoyable, well-educated, and ethical colleagues. In an ever-changing real estate market and political landscape, it’s nice to have some consistency. To […]
Buyer Tips Summertime Melt-up? I hope everyone enjoyed our beautiful Pacific Northwest summer! While I've been able to enjoy some of it myself, I've also stayed very busy as the housing market continued to be strong over these past two months. I thought it might be a good time for a market update so below you will find a few […]
Listings Rational Exuberance? Is the housing market in a state of rational exuberance? Since the beginning of this year, activity, sentiment, and even prices, have taken a turn for the better. And it does seem that a solid case can be made that the housing market finally bottomed in late 2011 into the beginning of 2012. BUT, let’s not get too far ahead […]
Buyer Tips Low Inventory = Good News for Sellers? So far, the theme of 2012 is that there is definitely a lack of inventory. The housing market has been extremely busy in the low to median price ranges, but the upper middle to higher price ranges are starting to pick up steam too. The fact is, many buyers literally can’t find good homes to buy! […]
Listings Fun new listing in Lake Forest Park Fun new listing in Lake Forest Park on over 2 acres! Come check it out at Sunday’s open house from 1-4pm.
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