Category: Market Updates

Seattle slowest home price gains in three years

Seattle home prices grow at slowest pace in three years But with Seattle condo prices and Eastside home costs still surging, the region remains among the hottest housing markets in the country. Home prices usually cool off in the winter, but this time the change is more pronounced. The median cost for a single-family house …

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Median Home Sales Prices for 98007, 98008, 98006

BELLEVUE ZIP 98006 Median Sales Prices BELLEVUE ZIP 98007 Median Sales Prices  BELLEVUE ZIP 98008 Median Sales Prices  

Median home prices finally pass housing boom levels, hit all-time high

National home prices hit a new all-time high surpassing the pre-recession peak Home prices hit a new all-time high, finally surpassing the pre-recession peak, according to the Q3 2016 U.S. Home Sales Report from ATTOM Data Solutions, a source for comprehensive housing data and the new parent company of RealtyTrac. In fact, the median home price increased …

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20 Best Places People Are Moving to in the U.S… uh, Seattle?

Wondering why the increase in traffic? Seem like there’s more people here? Well, it’s not your imagination. Seattle ranks high in several national polls of ‘Best Places:’ US News and World Report of the 20 Best Places People Are Moving to in the U.S. :  #19 Best places to live in 2016:  #7 Most desirable …

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Housing bubble or not? Signs here not clear — yet

Jon Talton / Columnist / Seattle Times / July 10, 2016 Housing bubble or not? Signs here not clear — yet Jon Talton called our previous ‘bubble and crash.’ Does he see the same thing today? Reporting in the Seattle Times, Talton notes that Seattle home prices have risen a startling 74% percent in the past five years. As of June, the median …

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Bidding Wars: Homebuyers fight to pay more for homes

​ Bidding wars: Homebuyers fight to pay more for Seattle homes Across the Seattle metro area, about 75% of home sellers have received multiple offers so far this year as reported by The Seattle Times.​ That’s pushed the majority of homes to sell above their list price, and has left many buyers frustrated and shellshocked by …

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Don’t worry… Warren Buffett says there’s no housing bubble

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether real …

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Few homes for sale are driving Puget Sound home prices to new highs

King County median price hits all time high in February The Seattle Times reports that the median price of single-family homes sold in King County hit a new all-time high in February— $514,975 — amid record-low inventory. This is sure to herald in even more intense bidding wars ahead for the typically busy spring home-buying …

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January King County home prices hit new highs, inventory at new lows

Low inventory of homes for sale turning Seattle area into an ‘extreme seller’s market’ Would-be homebuyers in the Puget Sound area continue to face slim pickings in a tight housing market. Fewer owners are listing their homes for sale, a trend that for months has made it harder for buyers to find homes… and keeps pushing up prices. …

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Home sales in Washington state in 2015 soared past previous highs

For sellers, it’s a dream. For buyers, it’s a nightmare. And for sellers who want to buy their next home, it’s complicated. The number of homes sold in Washington state last year blew past the heady home-selling days of 2007. In 2015, 88,331 homes traded hands, a 14.3% gain over the 77,276 sold in the …

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