The number of new homes for sale in King County plunged from September to October dropping over 23% and those listings were quickly snapped up before the month was out, putting the squeeze on buyers who are still shopping.

  •          Active listings in inventory, down 23.6% (YOY)
  •          Inventory dropped 19% just from September alone.
  •          Only 3 Weeks of Housing supply remain market wide!
  •          “As the weather cools, the housing market intensity heats up for each new listing,”

KIRKLAND, Washington (November 4, 2021) – Northwest Multiple Listing Service brokers are detecting indecisiveness by some buyers who are getting mixed “work from home” messages from their employers. The hesitancy, coupled with cooler, wetter weather…

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After recently being named the safest large city in Washington, Sammamish has now been named the #1 Small City in the entire United States!

Sammamish Voted Safest Large City in Washington

Sammamish landed the No. 1 spot on Wallethub’s list of best small cities. The rankings were based on five categories: affordability, economic health, education and health, quality of life and safety, according to results released Tuesday by the personal finance website.

The city of about 66,000 is located 21 miles east of Seattle. Located on the east bank of Lake Sammamish, the city is perched on a plateau. The city has one of the highest median incomes in the nation for a city of its size. Sammamish offers a low-density, suburban lifestyle, and it also has…

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It's official: famous haunted houses and homes used in horror films sell for much more than their neighbors!

If you live in a house with a reputation for being haunted, you may, understandably, think that potential buyers may be put off it. And yet, recent research* shows that anything but is the case.

It turns out that if you live in a home that’s known for being haunted or even just a house that has an association with a famous horror film, you may not need much property advice for selling it – it is guaranteed to be in demand, and sell for more than other comparable properties in the area.

According to new research, buyers will pay more money for a haunted house or for homes that have been made famous by appearing in horror movies. In…

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The safest large city in Washington was Sammamish. Located on the east bank of Lake Sammamish, the city is perched on a plateau. The city has one of the highest median incomes in the nation for a city of its size. Sammamish offers a low-density, suburban lifestyle, and it also has excellent public schools.

Search Sammamish Homes For Sale HERE

In this study, AdvisorSmith used data provided by the Federal Bureau of Investigation on reported crimes in the state of Washington to discover the safest communities in the state. Using data on crimes reported by cities and law enforcement within the state, we calculated a crime score for each city based upon the number of reported crimes and the mix of crimes committed in each city. Our crime score…

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Would you buy a haunted house? According to a recent poll that’s been released by Real Estate Witch, 73% of Americans said that they would at least consider it. The recent poll surveyed a total of 1,000 Americans who were asked 20 questions regarding their paranormal experiences, what they prefer when buying a home, etc…

WHAT’S SCARIER THAN LIVING IN A HAUNTED HOUSE?

Among people who believe in the supernatural, 44% say paranormal activity has increased since the pandemic began — yet more than half of Americans say problems such as mold or foundation issues are still scarier than living in a haunted house.

As Americans plan their Halloween costumes and indulge in scary movie marathons this October, many sense a ghostly chill in the air. 

…

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  •          Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago.
  •          A new report from Northwest MLS shows brokers added slightly more new listings last month (11,373) than a year ago (11,210).
  •          Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
  •          The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
  •          Shortage of supply still remains a significant issue.

KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings,…

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  •          Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago!
  •          Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
  •          The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
  •          Shortage of supply still remains a significant issue.

KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings, closed sales, and prices. Brokers with Northwest Multiple Listing Service also detected growing stability in the condominium market.

…

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“Did you hear that?  I feel like I am being watched.  There are things going bump in the night.”

As a buyer, these aren’t the things you want to say after you moved into your new home.  Fortunately, for the month of October, you can have a thorough paranormal activity inspection to reassure you that, yes, you were just imaging it. 

The Cascade Team and Eastside Home Inspectors have announced that they are teaming up to offer Paranormal Inspections to buyers as part of the home inspection process.

In addition to their standard process, the inspectors will conclude home inspections by using state of the art thermal cameras to find out if the homes have any unusual activity such as ghostly apparitions, unidentified orbs, objects moving without…

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Justice Department probe, civil lawsuits pose challenge to real-estate industry practices

“Plaintiffs’ allegations plausibly show that the Buyer-Broker Commission Rules prevent effective negotiation over commission rates and cause an artificial inflation of buyer-broker commission rates,” the judge wrote last year. “But-for Defendants’ conspiracy, each Plaintiff would have paid ‘substantially lower commissions.’”

Transparency in Commissions

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.

The end goal of this lawsuit is for “Buyer Agent Commissions” to be fully seen as a fee paid for and financed in the buyer’s loan.

For example, on a $1 million home with a 3% commission the…

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  • August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices
  • NWMLS statistics show the volume of new listings added during August declined from July (down 11.5%)
  • “We are seeing homes stay on the market slightly longer and more instances of sellers overpricing their properties."
  • Prices showed signs of moderating during August. The average price was down $10,000 from July.

Northwest MLS brokers say August housing activity follows patterns of seasonal slowing KIRKLAND, Washington (September 7, 2021) – August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released…

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