Supply at its lowest level since May 2005 during the peak of the housing boom Washington state real estate brokers agree today’s market is far different than two years ago. Key indicators “are in perfect alignment for a spring market to remember,” with agents commenting that they have never seen a time when the inventory of …
Tag Archive: home inventory
Oct 05
Buyers slow to accept new housing market
A combination of low inventory and more homes selling than last year have surprised many potential buyers and created disappointment for those who are slow to accept the reality of a recovering housing market. ‘Low ball’ approach not working Buyers who make unrealistic offers and requests can find themselves back on the street looking at their …
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 …
Sep 17
5 Reasons to Buy a Home Now
Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory declining in many regions, finding a home of your dreams may become more difficult …
Jun 24
Why not purchase a home right now? Market conditions are improving… So, why not?!
As I have written previously, one of the main reasons people have not purchased a home is simply because they cannot find one that meets their needs. Why? Because there aren’t enough homes for sale to meet the demand. However, that’s not the only factor at work… Market Favorable to Buy A survey released by Integra …
Jun 18
Hey Dude! Where are the homes for sale?
Lowest number of homes for sale since 2006 In the US there are currently 2.5 million homes listed for sale. This is the lowest number since 2006. Why is this, you ask? ‘Underwater’ home owners without enough equity to sell and move on are making their house payments and have decided to stay put. Potential sellers …
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 …
Oct 17
Lowest level of homes for sale since 2007
The housing market, which has struggled with an oversupply of homes for years, is facing a new problem: a lack of attractive inventory. FOR SALE properties down 20% There were more than 2.19 million homes listed for sale at the end of September, down 20% from a year earlier, according to a new report from …
Apr 16
Time to buy real estate?!
Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. That’s a direct quote from a fasinating article by Shawn Tully, entitled, Its Time to Buy Again from Fortune magazine. His article starts with information from Mike Castleman, the founder and CEO of Metrostudy, …
Apr 08
Where are the sellers?!
Inventory of homes for sale low King County’s current inventory of homes for sale is low with a particular shortage of “move-in ready homes.’ Some sellers have figured out that if they remove any buyer objections ahead of time, their home will sell quickly - thus the homes that are selling are ‘looking good’ and …
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Why Keller Williams?
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
