Jul 29
If you’ve been following the real estate market in the Seattle metro, you know it’s more competitive than it has been in maybe a decade. Available inventory continues to fall, with less than two months’ inventory now hitting a one year streak (balanced markets have 5-6 months’ inventory). Sellers continue to get higher prices for …
Apr 04
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 …
Mar 03
Is renting or buying cheaper in Seattle? The Trulia Winter 2014 Rent vs. Buy Report tells us that the savings gap between renting and buying is narrowing across the U.S. Still, on average home ownership is still 38% cheaper than renting, ranging from 66% cheaper in Detroit to 5% in Honolulu. Question to think about: …
Dec 27
Home prices bubbling again? Some faint concern is evidenced when prices raise 15% in a year… which we have seen in King County with November’s median price at $426,000. But our prices are not the most ‘un-affordable’ for residents earning a median income for the area. San Francisco prices exorbitant In San Francisco, only 14% of …
Oct 23
Seattle area rents up 6% in one year Apartment rents in the Seattle area rose faster in the past year than in any of the 81 other major U.S. metros tracked by a leading property-research firm. New York-based Reis reports the average asking rent in the Seattle area climbed 6% in the past 12 months, outpacing …
May 22
Seattle was ranked the most popular U.S. city, with 57 percent finding the land of Starbucks and Microsoft a favorable place. Fellow Pacific Northwest urban center Portland came in a close second with 52 percent favorable. A poll from Public Policy Polling names Detroit America’s least popular city, out of 21 major metropolises. Only 22 percent of …
Mar 26
Wow! Did you realize that today’s mortgage rates and home prices combine to make it 42% cheaper to buy a home in the Seattle area than to rent? Big difference, eh? Nationwide it’s 44% cheaper to buy than to rent… but this picture will be changing according to Trulia. Check Trulia’s infographics to see where …
Sep 19
Home prices make gains in June June asking prices for homes sold were up by 0.3% month over month in June 2012, the latest month of Trulia national data. Aside from May, when asking prices increased by so little that they were essentially unchanged, asking prices have moved up every month since February. Now, even the year-over-year price …
Sep 14
The real estate site Trulia just published their detailed annual study regarding the dollar relationship between renting and buying a home in these United States… and, the numbers are startling! For example, in Detroit there’s a 70% advantage to buying versus renting. Buying cheaper in every large metro area Buying is cheaper than renting by several hundred dollars …
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
