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Uncategorized South Snohomish County Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Uncategorized North King County Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Uncategorized Eastside Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Uncategorized Seattle Metro Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Uncategorized North Snohomish Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Uncategorized South King County Market Report – Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2-points year-over-year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has improved after a […]
Monthly Newletter Monthly Newsletter – 09/27/2024 (Rates Down, Inventory Up: Opportunity Knocks!) As we celebrate the start of autumn, the season of change, the leaves on the trees are not the only things that are falling. Interest rates have gradually fallen throughout the year. Just 11 months ago, rates were almost 2 points higher; in the frothy spring market, they were nearly 1.5 points higher. During this […]
Monthly Newletter Monthly Newsletter – 09/06/2024 (End of Summer Market Update) Summer 2024 welcomed an increase in available inventory, a drop in interest rates, and continued price stability, which has upheld strong home equity levels. After a double-digit ramp-up in price appreciation in the first half of 2024, prices have slightly come off the peak of May 2024 and found stability. This trend is historically consistent with […]
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Monthly Newletter Monthly Newsletter 08/14/2024 As we approach November and the Presidential election nears, it would be good to look back on how election years have historically affected the real estate market.  There is certainly a lot going on and this stimulation can cause pause.  Buying and selling real estate is a big life event and the election is a […]
Monthly Newletter Monthly Newsletter 07/25/2024 Higher-density housing is happening in our state and quite possibly right in your own backyard. This is called middle housing. Middle housing is a term for buildings that are compatible in scale, form, and character with detached single-family houses. In 2023, House Bill 1110 was passed in a bipartisan 35-14 vote in the Senate and 79-18 vote in […]
Uncategorized South Snohomish County Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Uncategorized North King County Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Uncategorized Eastside Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Uncategorized Seattle Metro Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Uncategorized North Snohomish Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Uncategorized South King County Market Report – Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Monthly Newletter Monthly Newsletter – 06/28/2024 As we approach the mid-point of the year, I want to take a moment to explain all that has happened in the 2024 real estate market and where we might be headed. We have had strong price growth since December 2023, and in May 2024 prices matched the peak we saw in spring 2022. The […]
Monthly Newletter Monthly Newsletter 06/05/2024 As promised, here is the latest update regarding the $418 Million NAR Lawsuit Settlement and how it will affect real estate operations in WA State. As the deadline to opt in to the NAR Lawsuit Settlement approaches, the Northwest Multiple Listing Service (NWMLS) announced last week that they have voted to NOT opt-in to the settlement. […]
Monthly Newletter Monthly Newsletter – 05/16/2024 As we sit almost five months into 2024 in the middle of the spring market and I reflect on how the year is going, I am grateful, amazed, and locked in on the stats. You see, the last four years since the start of the pandemic have been an eventful and wild ride. 2020 saw […]
Monthly Newletter Monthly Newsletter – 04/24/2024 The real estate industry has been in the news a bit lately. Not so much about the trends and home values. More so about class action lawsuits, which have stolen a lot of attention away from the positive activity that is happening in our market. While the lawsuit is an important story to track, one […]
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