Real Estate

June 9, 2021

Value increases on most affordable homes in Seattle according to recent study

Home prices in Seattle have continued to go up over the past year as buyers were faced with low inventory and stiff competition.

For buyers with lower budgets, it has become even more difficult.

According to a new report from Zillow, home values have been rising the fastest among the ...

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Posted in Real Estate
June 5, 2021

Seattle housing market had record high inventory and low supply in March

The Seattle-area housing market in March was marked with bidding wars as buyers continued to compete for the limited number of homes on the market, according to a new report.

According to the latest report from Northwest Multiple Listing Service, brokers across Western Washington added the highest number of new ...

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Posted in Real Estate
June 4, 2021

New housing development in Lynnwood to open ahead of schedule

Aiming to blend convenience and connectivity, Kinect @ Lynnwood is set to be the next development in Lynnwood’s City Center district.

Located near Sound Transit’s future Lynnwood Link light rail station, Kinect @ Lynnwood is a multifamily residential project proposed for 4100 Alderwood Blvd. (former location of Speed Trap Espresso and Hertz ...

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Posted in Real Estate
June 3, 2021

Property value growth in King County

The King County Assessor's Office announced that it began mailing out property valuation notices to residents on Thursday, with some areas poised to see double-digit increases in value. The annual revaluation notices — required by state law — are issued for 720,000 pieces of property in the county ...

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Posted in Real Estate
May 21, 2021

Weekly mortgage refinance demand rises

A brief drop in mortgage interest rates sent some borrowers rushing to their lenders to see if they could get any savings. That sent total mortgage application volume up 2.1% last week from the previous week, according to the Mortgage Bankers Association.

The average contract interest rate for 30-year ...

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Posted in Real Estate
May 20, 2021

Five tips for avoiding stress while selling your home

Before taking out a mortgage on a new home, my husband and I have always sold our existing property. And it's only fair to admit that everything we know about staying stress free while selling is a result of doing things wrong -- sometimes very wrong. Based on the good ...

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Posted in Real Estate
April 27, 2021

Home sellers are feeling good about 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic.

And despite fierce bidding wars, competition from institutional investors and sore wrists from writing dozens of heartfelt letters to home sellers ...

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Posted in Real Estate
April 17, 2021

High home listings added in Seattle area in March

The Seattle-area housing market in March was marked with bidding wars as buyers continued to compete for the limited number of homes on the market, according to a new report.

According to the latest report from Northwest Multiple Listing Service, brokers across Western Washington added the highest number of new ...

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Posted in Real Estate
March 24, 2021

Current homebuying market conditions may lead to a bubble

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months.

The national average of home prices rose 14.4% year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report ...

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Posted in Real Estate
March 8, 2021

February shows Puget Sound housing market stayed strong

February saw one of the snowiest days on record in the Seattle area, with people in some areas waking up during Valentine's Day weekend to nearly a foot outside their windows.

But, even with the weather, the Puget Sound region housing market didn't let up, according to the ...

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Posted in Real Estate