Category Archive: Seattle Area Real Estate

Feb 09

Sammamish WA… a great place to live! And voted ‘most friendliest’ town.

  … well, I admit the rating was a couple of years ago from Forbes, but the core truth remains! Nestled next to Lake Sammamish, the town offers a bevy of pluses for residents. You get a little more for your money when purchasing a home in Sammamish with relatively newer homes than the surrounding …

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Jan 19

How did Puget Sound home sales end 2013?

King County median home prices Market top median price, July 2007: $481,000 Market lowest point, February 2012: $308,125 December median price: $419,825 - up about 10.5% from 2012 Buyers closed on nearly 1,800 houses in King County during December 2014 — 3% more than the prior December, The condominium market was also busy: 511 condos sold, 145 more than a year ago, for …

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Oct 23

As the leaves fall, so have house prices fallen in the Seattle area

Single-family home prices in King County saw a remarkable run from January to July, when the median price hit $434,000, a 24% increase in just seven months. Sounds like a 2006 market, doesn’t it? Then a jump in mortgage rates took some steam out of the market. In August, the median sale price slipped almost 1%. …

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Mar 26

42% cheaper to buy in Seattle area than to rent

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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 …

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Sep 19

Rents rising: Seattle rents up 9.5% as of June

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 …

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Sep 14

Latest News: 42% cheaper to buy in Seattle than to rent. Average savings $715 per month.

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 …

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Aug 12

Housing market seems to have turned… After seven years of pain, now comes the gain

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Nearly seven years after the housing bubble burst, most indexes of home prices are bending up. Don’t take my word for it! Check the info below about the nation and Seattle, plus the additional references at the end. (Photo: Bloomberg News) NAR June Housing Report The June report from the National Association of Realtors revealed that …

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Jul 16

King County Home Prices up 10%

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King County house prices saw a double-digit increase in June …the first time that’s happened in nearly five years. The median price of single-family homes sold last month was $380,000, up 10.1 percent from June 2011 and 5 percent from this May. It was the third straight month of year-over-year price increases, and by far the …

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Jun 27

Gooood News! Pending and closed home sales in the Seattle area are ‘up’!

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Seattle home prices up 2% in April Home prices in the Seattle metropolitan area, including King, Snohomish and Pierce counties, rose 2 percent in April, their biggest monthly gain since before the housing crisis began. The region’s 2 percent rise follows a 1.7 percent jump in March after seven straight months of declines providing further signs …

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Jun 15

Where, oh where, have the ‘For Sale’ signs gone?!

Puget Sound homes for sale… or not The chart shows the level of inventory, or homes for sale, in the Washington’s Puget Sound area. A ‘normal’ or balanced inventory is generally thought to be about 5-6 months. Meager inventory The chart shows that if homes sold at the same pace as the prior month there …

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