Tag Archive: home sales

Mar 03

Good news for sellers

Surge in January home sales creates a ‘frenzy’ in Seattle area King County has become “a pressure cooker” for residential real estate and most homes are selling fewer than 30 days after they’re listed reports the Puget Sound Business Journal. According to a leading local broker, “Thanks to positive job growth and historically low interest rates, we …

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Apr 24

12,575 Homes Sold Yesterday!

If you read certain headlines, you might be led to believe that the housing recovery has come to a screeching halt. Naysayers are claiming that rising mortgage rates and a lack of consumer confidence are keeping Americans on the fence when it comes to purchasing real estate. That is actually far from  the reality. After …

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Apr 04

Puget Sound March home sales

While the median price of single-family homes in King County rose 6% in March, ‘For Sale’ signs continue to remain scarce with the situation not expected to improve anytime soon according to today’s Seattle Times.   The annual rate of price growth has been slowing: In January the median price in King County was 17% higher over the previous 12 …

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Dec 24

Sell your house during the holidays?!

11 Reasons Why You Should List Your Home During the Holiday Season You have heard it before… “The Winter season is slow.” Or, “No one is really buying or selling homes.” And even, “I’ll get started in the New Year, it’s a new start right?”   Wrong. The truth is, it’s better to be ahead than behind. Here are 11 …

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Nov 15

King County Home Prices up 15% from 2012

The median price of single-family homes sold in King County last month rose to $426,000, a 15 percent increase from October 2012. October inventory higher than last year While the frenzy of home buying in early summer sent the median price to $434,000 in July, the highest level in five years, October’s activity showed a …

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Sep 01

Puget Sound home prices and sales July 2013

 Home sales, prices still rising in Western Washington despite lean inventory and increasing mortgage rates Despite improving inventory overall, supplies remained low, particularly around job centers. Area-wide there is about 2.6 months of supply, which indicates a seller’s market. (In a normal market, a healthy supply level favoring neither buyers nor sellers is around 6 months, …

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Jun 11

What’s causing housing sales to fail?

Nearly one-third of realty agents in a national survey reported contract cancellations — purchases crumbling before going to closing — in February. That’s up dramatically from a similar poll 12 months earlier, when just 9 percent of agents reported cancellations. An additional 18 percent reported delays in scheduled closings in the latest study, which involved …

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Mar 07

Seattle-Bellevue real estate is hot!

I guess the word is out. Home prices are climbing… again. Feel like ‘been here, done this’?! Well, certainly the future is always a mystery – but this mystery may just be a re-play. Bellevue median price up 23% from last February According to The Seattle Times, a record-low inventory of homes for sale in King …

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Feb 04

5 Reasons You Should Buy Your Home NOW!

Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting to buy their home might not make sense any longer… 1) Prices Are on the Rise The latest Case Shiller Home Price Index revealed that home prices …

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Dec 01

National median home price up 11.1% from last year

WASHINGTON (November 19, 2012) – Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, …

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