Category: Market Updates

Eastside Zips Sales August – November 2019

On the Eastside, in general for the past 90 days: Homes sold the fastest in zip 98006  98006 had the most sales over $1M = 65   98008 has lowest price home sold in past 90 days – $475,000 98008 has highest price home sold in past 90 days – $5.75M Here are some home sale …

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98007, 98008 Median Sales Price 2019

How Long to Sell East Bellevue Home?

Sarah Jullion Real Estate

The number of days to sell a home has increased from last two years across the board. The averages for East Bellevue and zips 98007, 98009 are still extremely low historically. SEPTEMBER 2019: Number of Days on Market East Bellevue 10 days | +42.9% 98008 9 days | +28.6% 98007 11 days | +57.1% King …

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List Price vs Sold Price – Zip 98008 (or your zip*)

Housing Market Trends:  Sold vs Listed Price – Zip 98008 Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay). By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated …

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Seattle Home Price Bubble?

Seattle Metro Area March Housing Report

Provided by Dave Skow Loan Officer  

Housing Market Normalizing

A Matter of Supply & Demand

House Prices: Simply a Matter of Supply & Demand Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount …

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99% of Experts Agree: Home Prices Will Increase

99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyedhousing experts believe that home values will continue to rise this year. What is the Home …

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From the guru who predicted the housing collapse… new words: Housing Recovery Here

And who might that guru be?  Bill McBride from Calculated Risk. Some are predicting another ‘shadow inventory’ coming to market this Fall-Winter that will cause a foreclosure supply shock that will in turn push prices downward once again. McBride doesn’t agree: “The bottom line is house prices have probably bottomed, and the concern about more distressed …

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