March, 2022 RSS Icon
Found 4 entries for March, 2022.

Average mortgage rates are higher for all loan types today with the 30-year mortgage rate crossing above 5%.

  • The latest rate on a 30-year fixed-rate mortgage is 5.17%. ⇑
  • The latest rate on a 15-year fixed-rate mortgage is 4.197%. ⇑
  • The latest rate on a 5/1 ARM is 3.974%. ⇑
  • The latest rate on a 7/1 ARM is 4.135%. ⇑
  • The latest rate on a 10/1 ARM is 4.245%. 

Fed Chair Jerome Powell is done sitting idly on the sidelines as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back, and price growth slows.

This is already presenting a test for runaway inflation's poster child: the U.S. housing market.

CoreLogic, a real

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If you’re in the market for a home, take note: The 2nd quarter of 2022 may be the opening you’ve been looking for.

  •          February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
  •          Buyers in King County are jumping for joy over the nearly 40% increase in new listings.
  •          King County also saw a 31% increase in pending home sales month-over-month, as well.

Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.

Commenting on the latest statistical report from Northwest MLS,

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Download Your Home Selling Game Plan

Ready. Set. Sell.

Table of Contents 

1. Welcome to the Game: Discovering Your Why

2. Game Prep: Get Serious About the Finances

3. Pre-game: Tackle Your ''To-Do" List

4. Prepping the Field: Staging Your Home

6. Checking the Equipment: Cleaning House

7. Let the Games Begin: Negotiation Time

8. The Last Play: Inspections

9. The Final Timeout: Waiting for the Closing

10. Happy Selling

Some Seattle area suburbs have literally doubled in price over the past 12 months!

The 8 Seattle Area Suburbs With the Biggest Home Price Increases in 2022 So Far! (# 1 is going to blow your mind!)

King County had the steepest drop in active listings, shrinking nearly 59% from a year ago,

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  •          February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
  •          Buyers in King County are jumping for joy over the nearly 40% increase in new listings.
  •          King County also saw a 31% increase in pending home sales month-over-month, as well.
  •          Inventory still down 19.5% from twelve months ago.
  •          Until inventory grows, expect a heightened focus on each new listing coming on the market.

KIRKLAND, Washington (March 7, 2022) – Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the

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