Oct 23
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%. …
Jul 16
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 …
Jun 15
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 …
May 25
Recovery just around the corner… or here? Experts have been calling a bottom for the housing market ever since the bubble began to collapse in 2006… and they’ve been uniformly wrong. So, are we finally there? David Stiff, chief economist of Fiserv, the financial-services technology company that produces the widely followed Case-Shiller indexes, says ‘yes.’ House …
Apr 11
10 major housing markets with the shortest supply of homes The low inventory of homes for sale is causing multiple offer situations in Seattle and Bellevue - especially the ‘close-in’ neighborhoods. In the ten major housing markets in the country with the shortest supply of homes, demand is high and buyers are pouncing on listings as …
Sep 08
The August median price (half sold above, and half sold below the median price) of a house that sold in King County last month was $350,000, down nearly 8 percent from August 2010. However, for the past six months, King County prices have remained flat, remaining in a narrow range, between $345,000 and $350,000, every month …
Apr 21
Yes, this question is for real. The inventory of homes for sale is dropping in many areas of the country, including the Puget Sound. Counter-intuitive thinking The question has been raised, ‘Why are there record numbers of homes on the market in some places, while properly priced homes are being gobbled up’ (some at even higher than …
Apr 08
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 …
Mar 06
When considering whether to sell a home or not, the time factor is often a big one. If you are living in your home while it is actively for sale, the inconvenience of having strangers track through your home at unpredictable times can become an increasing annoyance. Looking just at a three-month-period, about one in …
Feb 09
About what it was worth in 2004 Oops. That means if you bought your home after 2004, your home value is likely less than what you paid for it. In their latest report, Zillow.com estimates that more than 28 percent of all houses and condos that sold in the Seattle metropolitan area in December sold for …
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
