Tag: home prices

A Matter of Supply & Demand

House Prices: Simply a Matter of Supply & Demand Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount …

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99% of Experts Agree: Home Prices Will Increase

99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyedhousing experts believe that home values will continue to rise this year. What is the Home …

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Market Update February 2018

It’s still hot out there!    February home-sales data show median home prices smashed records in Seattle and the Eastside. Hopeful buyers won’t have much luck elsewhere as median home prices grew at least 15% in every Puget Sound county. ​   Both Seattle and the Eastside again have smashed home-price records as the region’s housing …

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Housing: To Bubble or Not to Bubble

58% of Homeowners See a Drop in Home Values Coming According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this …

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No escape for priced-out Seattleites…

Home prices set record for an hour’s drive in every direction If you’re searching for a piece of somewhat good news for home seekers, the Eastside’s median price fell $5,000 from last month’s record, and now sits at $875,000. That’s still up 15.1% from a year ago. For the first time since before the recession, …

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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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Tight house supply pushes prices up in King County

From the Seattle Times, 2/5/2015 Expect to see housing prices to go up “We’re a fast-growing area with not enough houses and condominiums on the market,” said Alon Bassok, a researcher at the University of Washington’s Runstad Center for Real Estate Studies. “We can expect to see housing prices go up.” King County Residential Last month’s …

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May national home prices up 8.6% from 2013

Distressed sales down, but still there – 15% of all sales were either short sales or bank-owned.

Puget Sound March home sales

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 …

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