Feb 02
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 …
Jan 09
The median price of single-family homes sold in King County in December jumped 15% over the year to a new record of $508,000. King County’s housing market hit two milestones in December: The median single-family home price set a new high, $508,000, topping the $481,000 peak reached in July 2007 before prices began their long …
Jan 04
The continuing shortage of homes for sale helped send prices on homes sold last month through the roof: King County’s median price for single-family homes sold was $499,950, a 13.6 percent increase over a year ago. King County is experiencing the worst shortage of homes for sale in more than a decade, driving prices higher …
Dec 16
How Long Does It Take To Save A Down Payment? In a recent study conducted by Builder.com, researchers determined that nationwide it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. By determining the percentage a renter spends on housing in each state and the amount …
Nov 06
Seattle at No. 10 best city to own a home Seattle’s booming economy isn’t just good for employment and companies that do business here. It’s also part of what landed Seattle at No.10 on list of the best places to own a home, compiled by Seattle-based companies Porch.com and Redfin. The list is based on a …
Aug 06
The Seattle Times reports that the median price of King County single-family homes sold in July slipped 3% over the month to $485,000 - a surprising reversal for a month that had actually seen peak prices in each of the past two years. The drop comes after King County’s median home price hit a post-recession …
Jul 23
June was a busy month for home buyers in Seattle. More than half of all the homes that hit the market in Seattle last month were sold within nine days, according to data from Redfin. Denver was the only city that had homes sell faster in June. Seattle has the third largest year-over-year inventory decline in the country, …
Jul 09
The technology boom is pushing its way north up the Pacific Coast, boosting real-estate prices, sparking neighborhood squabbles and creating new demand for luxury homes asking $1.5 million or more. Real-estate agents say Seattle, the longtime home of software giant Microsoft and online-retailing behemoth Amazon, is attracting more technology firms because it offers a combination …
May 11
Are we ‘bubbling’ again? Home prices are rising at a more rapid pace as demand outpaces supply. Existing-home sales nationally surged 9% year-over-year in March with home prices were up 8% according to the National Association of REALTORS®. What’s more, with tight inventories plaguing many markets, the national median list price in March climbed 11% reaching $220,000. …
May 08
The good news (Sellers) and the bad news (Buyers) It’s good times for Sellers, but not so good for Buyers. King County’s median single-family-home price now is within sight of the 2007 peak… at $480,000 median price, it’s only $1000 shy of the peak. All across Puget Sound region, single-family-home median prices posted strong annual gains. …
