Buyers Get Ready: Inflation, Rising Interest Rates, and New Financing Options Bringing More Sellers Into the Market

•          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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What's Your Home Worth In Today's Hot Market?

Bidding Wars and multiple offers have been the story of 2022 so far. In fact, we're setting new records for prices and amounts OVER asking almost daily!

•          At month end inventory reached a meager 3,092 active listings, down more than 30% from a year ago.
•          King County had the steepest drop in active listings, shrinking nearly 59% from a year ago.
•          The market remains virtually sold out.
•          The imminent rise in interest rates has buyers scrambling to find properties to buy.
•          No relief in sight by way of increased inventory to meet demand.

To take advantage, pricing your home correctly is more important than ever!

Our 18-Point Analysis will bring you the most accurate assessment possible…

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Name Your Selling Price! (We have Buyers Desperate for Homes)

Easy as 1, 2, 3

We have many buyers out there looking for homes and with record low inventory, we may just have a buyer for your home.

87% of homes are receiving multiple offers, so if you're thinking of selling, now is the time!

All it takes is 30 seconds to fill out the form below. To learn more about what we offer our home seller clients, CLICK 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 out the form below. Let us know what price you would take for your home, and if we have a buyer, we'll let you know! 

   Easy as 1, 2, 3

Just Name Your Home's Selling…

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Introducing Home Assist: Home Improvement, Without the Hassle

When you’re ready to list your home, your agent will work with our coordinator team to secure any needed home renovations. Payment is deferred until home closing, or 180 days and escrow will deduct costs from net proceeds to pay for services rendered.

Preparing your home for sale is essential to capturing the highest offer, fastest. Simple steps like fresh paint before an open house can increase offer amounts by 10% vs. homes with no work done. And with prices averaging over $1,000,000 we’re talking some serious return on investment!

When you’re ready to list your home, your agent will work with our coordinator team to secure any needed home renovations. Payment is deferred until home closing, or 180 days and escrow will deduct costs from…

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

# 1 is going to blow your mind!

THE CONTINUED UNCERTAINTY about return-to-work policies combined with historic lows in inventory has made for a sizzling Seattle housing market—especially in the suburbs.

In January, eight communities saw more than a 30 percent increase in the median sale price of homes compared to this time last year. So, uh, good luck if you’re trying to buy in Bellevue and don’t have an extra million to spare.

(Sneak Peek at #1: Bellevue passes Manhattan in housing prices!)

8. Kirkland/Bridle Trails

The suburb north of Bellevue has a lot going for it: picturesque waterfronts, a state park, the honor of being the namesake for Costco’s signature products. What it doesn’t have is a lot of homes available to buy. January…

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Dear Real Estate (A Valentine’s Day Love Letter)

Dear Real Estate,

Remember when we first got together? People didn't think we’d last. Maybe they didn't always say it, but they thought it. “You could do so much better. Why would you be a real estate agent?” “What’s your back-up plan?” “You should get a real job...” I’m sure they were well-intentioned. But I ignored them. There were times, though, when even I wondered if you were worth the chase. You do tend to play hard to get. Not even sure you know you’re that way. But maybe you do. Maybe you just wanted to see how much I really cared. I've come to love and appreciate that about you. If you were too easy, our relationship wouldn't be so rewarding...and my love and respect wouldn't be so deep. Who knows, maybe I’d have scrammed when times got…

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Housing Inventory Plunges as Housing Availability Crisis Continues

•          At month end inventory reached a meager 3,092 active listings, down more than 30% from a year ago.
•          King County had the steepest drop in active listings, shrinking nearly 59% from a year ago.
•          The market remains virtually sold out.
•          The imminent rise in interest rates has buyers scrambling to find properties to buy.
•          No relief in sight by way of increased inventory to meet demand.

KIRKLAND, Washington (February 7, 2022) – A frigid first week of January, surges in coronavirus cases, and depleted inventory were among factors brokers from Northwest Multiple Listing Service cited for last month’s slower than year-ago sales.

In newly released statistics for January, the MLS reported 6,350…

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Hottest Seattle Suburbs Home Prices Suge By up to 30% (See the Breakdowns Here)

THE NEW state of real estate in King County goes a little something like this: Homes are about as expensive as they have ever been, and the suburbs are still hot.

The average price for a single-family home in King County is now more than $1 million, $1.055 million to be exact. That’s a 20.1% increase from the 2020 average of $878,000.

Snohomish and Pierce counties saw similar percentage gains year over year. The average price of a single-family home in Snohomish County rose from $600,000 in 2020 to $741,000 last year, a 23.5% increase. Pierce County saw a 19.3% increase from $467,000 in 2020 to $577,000 last year.

Fueled in part by extremely low inventory, population growth and an influx of high-paying tech jobs in recent years, all three…

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How to Win a Bidding War in Today’s Hottest Markets

Housing Market Update: Hottest January on Record

Pending sales posted their first annual decline since June 2020, stalled due to a lack of supply. Early spring has the potential to be even hotter and more volatile: stock-market declines, mortgage-rate increases, and mounting affordability pressures are escalating the sense of urgency for buyers and as a result the limited inventory of homes are seeing their values skyrocket at unheard of rates.

While dwindling housing inventory continues to be a source of frustration across the country, Washington has been hit harder by the housing crisis than any other state, according to a new study by the Washington State Department of Commerce.

Washington ranks last among 50 states in the ratio…

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Local Housing Market Nearing Crisis Situation For Buyers

“That’s just not normal. That’s not a balanced market,” “It really is a crisis of housing inventory in our area,”

Those are just some of the adjectives being thrown about concerning the local Western Washington housing market.

Just two weeks ago we predicted that January would be a competitive month as buyers rush to find a home before mortgage rates climb—and that's exactly what we're seeing.

A quick search on Redfin shows many examples. This Kirkland home sold for $500,000 over asking. This house in Bellevue, listed at $1.5 million, sold for $2.4 million— about $900,000 over asking price.

By Deedee Sun, KIRO 7 News

SEATTLE — A wild housing market is forcing many Seattle-area home buyers to pay $300,000 to $500,000 over asking…

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