Tag: inventory of homes

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.

King County Home Prices up 15% from 2012

The median price of single-family homes sold in King County last month rose to $426,000, a 15 percent increase from October 2012. October inventory higher than last year While the frenzy of home buying in early summer sent the median price to $434,000 in July, the highest level in five years, October’s activity showed a …

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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 …

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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 …

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Bidding wars erupt in Seattle

… yes! You read that correctly! With inventory low and jobs returning, well-priced homes are seeing multiple bids. From Bloomberg Business Week: Matthew and Carina Hensley offered $10,000 more than the asking price for a three-bedroom house in suburban Seattle, then lost out to one of seven other bidders. Their $270,000 proposal last month came …

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