Looking back at 2017, the number of homes on the market in the Seattle metropolitan area had dropped 10 percent from the previous year—fueling Bidding Wars and a tough market for buyers that was felt all year long. Now, at that same time in 2018, inventory is even worse, dropping an additional 19 percent from this time last year, according to the latest reports.
In the metropolitan area, which includes King, Pierce and Snohomish counties, that inventory drop drove bidding wars in 2017 with 52.4 percent of home sales ended up above asking. Now in 2018 we are faced with an even bigger inventory crunch, that’s not expected to stop anytime soon. Adding to that slowly raising interest rates and buyers are becoming more and more aggressive and in fact
2017 was a record year for The Issaquah Highlands. Some sections of the housing market increased by nearly 30% with the over-all price for a home increasing just under 18% for the year. Take a look at an in-depth review of The Issaquah Highlands market from the number 1 listing brokerage in the Issaquah Highlands and see where the housing market has grown, the highest priced SOLD home, the home that went the MOST over asking price, and also get an idea of what to expect in 2018.
See Full Issaquah Highlands Housing Market Update HERE
With record low inventory literally causing a Housing Shortage Crisis We have many buyers out there looking and with a lack of inventory, we may just have a buyer for your home. All it takes is 30 seconds to fill
With inventory low and eager buyers driving prices up faster than traffic backs up on the 405 during rush hour, how can a seller best strategize for a successful home sale--and avoid pitfalls?
Do your research, choose your listing price, and watch the buyers line up.
Unlike the cost of a gallon of milk or a flat-screen television, a home’s price can be hard to pin down. It’s complicated because each home is unique, and has its own story to tell.
When it comes to setting the price of a house, the only thing to do is to look at the recent sales and active listings of similar homes in your area. Combine this research with the inside market knowledge of a local real estate agent, and you can confidently choose your list price.
And this time the crisis is all about one thing: supply
Western Washington and specifically (King County) is in the midst of a housing crisis. But the affordable housing crisis isn't just hitting Seattle. It's spreading to outlying areas, where fewer and fewer people can now afford. This is largely the result of lopsided supply and demand. According to recent real estate reports, housing markets across King County are still suffering from a lack of inventory. There are plenty of buyers entering the market, but not enough properties to go around. Last year King County prices soared over 11% on average with some areas nearing 30% appreciation in just 1 year.
So what can home buyers expect from the King County, Washington real estate market in
What does selling your home have in common with online dating? Probably a whole lot more than you think.
There may be plenty of potential prospects out there, but it’s not always easy to find the perfect match. Sound familiar? If your place has been sitting on the market for a while, or your last deal unexpectedly went kersplat, it may seem like you’ll never find that elusive happily ever after.
Fortunately, there are more than a few life lessons sellers can learn from dating services like Ok Cupid, Match.com, and Tinder to ensure their home attracts the best possible buyers who appreciate its worth and treat it well. And who, most importantly, won’t leave you high and dry before the closing.
25025 SE Klahanie Blvd #J304, Issaquah, Washington
$370,000 - 2 Beds - 2 Baths - 941 Sqft
Contact Cary Porter for immediate showings: 425-891-7447
Enjoy your very own “Tree-House” getaway with stunning view of nature around every corner. Surrounded by Klahanie's protected greenbelt with access to over 25 miles of trails. This Top Floor/ End Unit condo features granite counters, cherry cabinetry and hardwood flooring in the kitchen. Inviting gas fireplace fills the family room with ambiance, and the private balcony offers a perfect relaxing retreat.
With 2 bedrooms, 2 baths and a Newer roof, Hot Water Heater, and double-paned windows this condo has it all. The large patio and accesses an additional storage closet. 1 Car garage + Extra
Selling a home is a seller's market is far different from selling a home in a buyer's market.
If you are wondering about our current market, then let me assure you: We are in a very HOT sellers’ market and there may never be a better time to list your home!! Not only will your days on market be remarkably fewer in a sellers’ market, but you might receive multiple offers, which could drive up the sales price significantly.
Some people might think that all you have to do is stick a sign in the yard and let the market take care of the rest. It might be easier to sell in a seller's market but it takes a lot more to sell a home than hanging a sign out front.
Here are a few Questions that will help prepare your to find the “Right” real estate
Did you know that Zillow can be up to 15-20% inaccurate in this market?
Whether you are looking for the value of your existing home or for the new home you are looking for purchase, The Cascade Team Market Snapshot will provide you with actual active and sold MLS home information so you'll have "real" housing market data at your fingertips. If you are interested in purchasing in a specific area, this information will show you the active homes in the market, price trends and close values on homes that have sold, allowing you to do a comparative analysis of real estate and homes for sale in that area. Stay up to date and have information your neighbors don't have!
We looked at the data on thousands of offers agents for The
Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.
When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.
Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case. In fact, you can pay whatever you and the agent have agreed upon.
What is a “Fair” amount to pay for real estate commission?
Many people hear the word “discount” company instead of a “traditional” company but (actually, since commissions
If you're one of those homeowners who winces a little bit when the property tax bill comes in the mail -- get ready. Preliminary numbers point to a double-digit percentage increase in property taxes when the bill arrives later this month. In addition prices in King County are expected to climb by over 10% again for 2018.
King County will be higher than last year’s by an average of nearly 17 percent, Assessor John Wilson says. And the bump will cost the owner of a median-valued county home about $700, according to Wilson, who says the state’s new school-funding plan is the main reason.
He says the plan created in response to the state Supreme Court’s landmark McCleary decision will be responsible for about two-thirds of King County’s hike.