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Tagged : spring housing

Found 5 blog entries tagged as "spring housing".

NWMLS | November Press Release

 

Current Market Snapshot Infographic | Statistical Reports

KIRKLAND, Washington (November 7, 2019) - "People are moving here, home prices will continue to increase, inventory shortages will occur. That's our future," remarked Dick Beeson, principal managing broker at RE/MAX Northwest in Gig Harbor, upon viewing the October statistics from Northwest Multiple Listing Service.

Active listings of homes and condos totaled 14,379, the lowest level since April. Compared to a year ago, last month's selection declined more than 21% and was down 10% from September, according to the new report from Northwest MLS. The year-over-year and month-to-month volume of new listings also declined last month. On a positive note, MLS

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Sellers Here's How to Prepare for a Home Inspection

Some good advice: Do not try to conceal any defects you know are in the home. The key here is to work together! All homes have some issues, none are perfect so buyers and their agents are prepared to purchase a home that may have some issues.

The home inspector may find any defects anyway, and you don't want to be breaking any laws or causing the process harm. After all, you want to sell your home, and someone wants to buy it! 

Here are some ways to be ready for the inspection:

  • Keep your power on if you are listing your home vacant (the home inspector may need to check a few things that need power)
  • Check all your light bulbs and change any burnt out bulbs. This may cut down on time the
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The market’s chilled out, but Seattle home prices still too hot for many first-time buyers 

  The Seattle area’s home prices have taken a break from their skyward trajectory of a year ago. (Greg Gilbert / The Seattle Times) The Seattle area’s home prices have taken a break from their skyward trajectory of a year ago. 

Seattle lost the title of the nation’s hottest housing market in August 2018 — but looking at home prices, which have stayed sky-high, that might be hard for shoppers to believe.

New monthly data shows the median price of a single-family home in Seattle — $760,000 — is exactly the same as it was one year ago. The same holds true for Bellevue, where a typical home ran $935,000 in August.

And while King County as a whole charted an infinitesimal bump in year-over-year home prices, it was so small that you might miss it if you

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Buyers, Home Inspections & How to Get the Most from Them

Home inspections are a vital part of the real estate transaction process, from negotiating to understanding the condition of your new home, shouldn't you know how they work?

Here's some essential info on what they entail, but most importantly, how they affect you when buying your home. 

Buyers

Here's What You Should Know

You want to know that the home you are buying is something you will be satisfied with so here are some tips on beginning your home inspector search:

  1. Get a few references from your real estate agent.
  2. Look for a company that is bonded and insured (this is a requirement).
  3. Verify that the inspection company only does inspections – not home repairs and
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This is a very exciting time in the market right now with the extremes we have been experiencing in home appreciation, job growth, and relocating techies driving the market with their buying power. We are expected to experience an economic slowdown according to local and national economists. However, we are not expected to see a housing crash like before; and here's why:

As recently as May 2018 our market has seen a sharp right hand turn, and all of a sudden we are now the fastest decelerating market in the U.S. according to Case-Shiller Home Price Indices; and this after experience the #1 spot leading the nation last spring. 

Seattle's booming tech industry drove the housing market into an unsustainable upward spike in home value appreciation

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