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Market Conditions

Found 904 blog entries about Market Conditions.

KIRKLAND, Washington (April 5, 2019) - Both pending sales and new listing activity around Western Washington surged during March as buyers, sellers, and brokers emerged from February's record snowfall.

Brokers added 10,516 new listings of single family homes and condos to the Northwest Multiple Listing Service inventory last month, the highest monthly volume since August 2018. Compared to the same month a year ago, new listings across the 23 counties in the report were down slightly (79 fewer units).

MLS members also reported 10,261 pending sales during the same timeframe, the highest number of mutually accepted offers since July, and nearly matching the year-ago total of 10,311.

"After the housing adjustment in 2018, this year's spring

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According to EducatedDriver.org, the average resident in Seattle, Bellevue, and Tacoma will spend approximately 9.88 days commuting in 2019, which comprises daily one-way trips of 29.3 minutes and round trips of 58.6 minutes. So drivers will spend about as long driving to work as kids spend on vacation for spring break - not that knowing that helps. To calculate the time spent in traffic, EducatedDriver.org used U.S. Census Bureau on city commute times, and then factored in average work and vacation times. New Yorkers will lose an average of 12.51 days a year and Los Angeles residents 10.25 days. Recently Kirkland traffic-data firm INRIX calculated that Seattleites spent 138 hours in traffic each year, which placed Seattle

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The search is over! You will feel at ease the moment you walk into this lovely home located in Pine Lake Heights. This home boasts a formal living & dining room combo which is a great space for entertaining. The fabulous newly updated kitchen with a Subway tile backsplash & white cabinetry will entice any chef. Enjoy your morning tea while sitting at the large island in the kitchen. Relax in the heart of the home in the ever-appealing family room with wood floors, large picture windows & a wood burning fireplace. Retreat at the end of the day to the master bedroom with a recently updated master bathroom complete with an oversized intricate tile shower & heated floors. 3 more

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Are you on the fence on whether now is a good time to purchase a home? With low rates and better inventory than the area has seen in years, now is an excellent time to buy. In fact, according to Danny Forbes from Caliber Home Loans, it could cost you to wait. Here's a chart he sent detailing the costs of waiting in King County according to current projections of both home value and mortgage rates:

 

 

 

 

If you're ready to jump off that fence - give me call! I would love to assist you in all your real estate needs!

 

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Perfectly perched on one of the most sought after lots in Castle Pines, there is no need to look any further. Dramatic foyer w/ soaring ceilings & a breathtaking wrought iron staircase. Grand formal living & dining rooms will entice the entertainer. Chef’s kitchen w/ high end appliances, a huge center island & a brand new 64 inch French Door fridge/freezer combo. Relax in the massive family room warmed by a gas   fireplace flanked by rich custom built-ins. At the end of the day, retreat to the sumptuous master suite w/ a spa-inspired bath with an exquisite glass tiled walk-in shower. Pop some popcorn & enjoy movie nights in the bonus room complete w/ a projector, big screen & built

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Meticulously cared for, this home, with magnificent mountain views, awaits your arrival! From the minute you open the front door, the gorgeous hardwood floors & the romantic wrought iron staircase catch your attention. The updated chef’s kitchen joins perfectly to the family room creating a comfortable great room design. Formal dining room is placed perfectly for easy entertaining. Retreat at the end of a long day in the master suite complete with a spa-inspired master bathroom. The mountain views from the master bedroom are simply tranquil! A large bonus room, a full bathroom as well as 2 additional bedrooms complete the second level. Enjoy summer evenings dining al fresco in the

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‘Facebook is discriminating against people based upon who they are and where they live,’ says HUD secretary.

By Russell Brandom:

The Department of Housing and Urban Development has filed charges against Facebook for housing discrimination, escalating the company’s ongoing fight over discrimination in its ad targeting system. The charges build on a complaint filed in August, finding that there is reasonable cause to believe Facebook has served ads that violate the Fair Housing Act.

“Facebook is discriminating against people based upon who they are and where they live,” HUD Secretary Ben Carson said in a statement. “Using a computer to limit a person’s housing choices can be just as discriminatory as slamming a door in someone’s face.”

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Sammamish, Woodinville, Snoqualmie and more make the list!

Looking at this following list there is also a definite correlation between the wealthiest zip codes and the highest housing prices as well. Feel free to use our advanced search function here and check out any of the zip codes yourself!

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Using IRS data, we were able to get a snapshot of how much money people from Washington state earned in 2016, the most recent year they have numbers for. And of the top 20 wealthiest zip codes in the state, all 20 have an average income of more than $130,000.

The average income is calculated as an average of all the tax returns from each zip code.

While zip codes can often cover more than one locale, this (and last) year's

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Your Home is your greatest investment! Know these questions and answers before you interview! The difference can cost you thousands!

1. What is your fee, what services do you provide?

1% LISTING FEE – FULL SERVICE  CLICK HERE FOR MORE INFO

2 Given the current market, when is the best time to list my home?

The best time to sell in 2019 is NOW. Inventory is expected to increase dramatically in March and April, shifting to a buyer’s market by May. Predictions are for the highest number of new listing to hit the market in 5 years by May. Last year on Snoqualmie Ridge Sellers who did not list early and decided to wait until May / June wound up selling for approximately $60,000 LESS than if they had listing in February / March.  CLICK HERE FOR

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Homeowners in the state of Washington pay the 12th highest real estate taxes per year, according to an analysis by the National Association of Home Builders. The federation, whose members construct about 80 percent of the new homes built in the U.S., found property tax rates differ substantially across the United States.

Using data from the 2017 American Community Survey, NAHB compared average annual real estate taxes on owner-occupied homes, average effective property tax rates (Washington ranks 28th), and real estate taxes paid as a share of total property tax revenue (Washington ranks 6th).

New Jersey retained its dubious distinction of having the highest average real estate tax bill per homeowner, at $8,485, as well as the

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