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The coronavirus pandemic and, especially the lockdown that has had people around the world sheltering in place, may have forever changed how we perceive “home” and what we are looking for when it comes to our little place in the world.
“The coronavirus pandemic has many Americans rethinking the kind of lifestyle they want,” said MANSION GLOBAL. “Apartment living in central, densely populated urban areas is losing its appeal as residents are subject to building restrictions and risk coming into contact with people infected by the virus.”
Real estate agents and companies across the country are reporting a heightened interest in buying homes in the suburbs. In many cases, buyers are even accelerating their purchases to get out of the city…
The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer.
Despite the economic downturn and disruptions stemming from the coronavirus pandemic, Northwest MLS member-brokers reported impressive improvement from April to May on some key indicators. The volume of new listings, including single family homes and condominiums, rose 29.2% and pending sales jumped more than 44% systemwide. “The pent-up demand from homebuyers returning to the market continues to support a recovery from the weekly declines observed earlier this spring,” said Joel Kan, an MBA economist.
- Mortgage applications to purchase a home rose 5% for the week and were a stunning 18% higher than a year ago, according
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Experience sophisticated mountain living on a 1+ acre corner lot in Easton, secluded away from the city with the convenient access to I-90, and a little over 1 hour commute to Seattle.
↡ View the Virtual Tour Here ↡
This country classic estate offers an exceptional escape into the great Northwest for a truly amazing serene year-round abode where you’ll enjoy a spacious three(3) bedrooms two and a half(2.5) baths in the Main Home with two(2) bonus rooms; a separate detached 1384 Sq Ft 1 bedroom 1 bath guest house; a generous specialty 4-car tandem detached garage with two(2) massive work bays; and an additional unfinished 800+ SqFt flex space above the garage for the ultimate mountainous getaway.
· Expert insights are painting a bright future for housing when the economy bounces back – and it will.
· We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down.
· Connect with your trusted real estate broker from The Cascade Team today, to make sure you’re informed and ready when it’s time to make your move.
With the Western Washington housing market adjusting to new ways of operating residential real estate activity around Western Washington reflected expected declines during April with the impact of the coronavirus pandemic taking its toll. However, while a new report from Northwest Multiple Listing Service shows year-over-year (YOY) drops…
BREAK FREE OF CONFINEMENT!
This Queen Anne charmer has it all!
A ‘Walkscore of 92’, this 1108 sq ft charmer offers 2bd 1.75, $3000 buyer allowance toward carpet replacement (closing costs), 1-Year Home Warranty offered, and low $350 monthly HOA dues.
A truly unique opportunity to enjoy one of one of Seattle’s ‘most picturesque’ vibrant neighborhoods from your oversized fully fenced yard!
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Home Sweet Home
A convenient ground floor exterior entry greets you on the corner of 5th Ave W & W Crockett St. A custom chandelier adorns the cozy entry as you make your way up the staircase and expand to a perfectly inviting top floor corner unit living space.…
It’s no secret that the real estate market has a long road of recovery ahead. As the day-to-day work of showing properties and building homes has slowed to a crawl, agents and others in the industry have started to look to the future and make predictions about the lingering effects the COVID-19 pandemic will have on the industry.
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery.
Past analysis has shown that the COVID-19 pandemic and associated lockdowns will cause a significant dip in real estate activity. The latest U.S market data shines a light on what the dip and recovery will look like — a checkmark shape, with…
Real estate will boom once coronavirus threat is gone -- Go ahead, put your house on the market
By Rogers Healy FOX Business
The stigma that has been historically associated with a home's "days on market," as it relates to home sales is soon to be a thing of the past.
The real estate market is definitely not operating in a traditional manner during the coronavirus pandemic but real estate professionals have been working behind the scenes to ensure that the industry remains a safe haven amidst an upside-down world.
There are still an incredibly large amount of unknowns out there but we are doing our best to operate after the shocking developments that came in March.
For people who have been considering selling, it might not be necessary…
The Elements of Choice and Service
Some consider that the internet has eroded the ‘human connection’ in relation to the search-to-purchase process of a property. Most home buyers today are visiting home listings to search and compare properties based on several parameters including size, budget, location, availability, and accessibility from the comfort of their homes. In consideration of the current coronavirus it is not only prudent but extremely important.
Various studies reveal human intervention is almost becoming outmoded in the ‘search and discovery’ stage of property purchase. For those who are tech-savvy, there is no need for human interaction in the ‘search and discovery’ phase, as there are numerous property portals ranging from…
The Centers for Disease Control (CDC) and many local State Department of Health such as in Washington (WSDH) are currently recommending people not gather in groups of 10 or more. Additionally, in WA. Governor Jay Inslee announced restrictions through the end of March on public gatherings larger than 250 people in King, Snohomish and Pierce counties. These restrictions may extend beyond March and may affect other counties in Washington State as well as other State and local jurisdictions in the near future. With these thoughts in mind, please read the following recommendations from a number of area brokerages:
- When holding open houses, make sure to clean and disinfect all surfaces and have sanitizer placed around their home.