Housing Market News Top 5 Seattle-Area Superlatives From 2016 2016 has been quite a year to live in the Pacific Northwest, especially if you spent some or most of it in the housing market. This year’s market was truly unique, record-breaking, and game-changing (see: Windermere’s W Collection). To close out the year here are a few of the most noteworthy Seattle-area superlatives related to […]
Local Market Updates Local Market Update – December 2016 Buyers spooked by a spike in mortgage interest rates gave rise to the busiest November for homes sales in over a decade. Prices rose accordingly. Case-Shiller ranked the area as the housing market with the fastest rising prices in the country. Sellers can expect to get a premium for their homes as we move into […]
Home Buying Million-Dollar Homes Are the New Normal in the Seattle Area Not too long ago talk of million-dollar homes would conjure up images of lavish mansions owned by a small percentage of elite homebuyers – one percent, to be exact. Now, according to an article from The Seattle Times, seven-figure homes are becoming the norm across the Puget Sound region. If you have been in the […]
Local Market Updates Local Market Update – November 2016 Home sales outgained new listings again in October, further squeezing already tight inventory and pushing prices higher. Since new listings traditionally decrease in the fall, that inventory shortage is expected to last until spring. Sellers willing to put their home on the market now can expect plenty of interested buyers, and a highly favorable chance […]
Community Windermere Launches New Ultra-Luxury Brand: W Collection Anyone who has spent time in the Seattle area in recent years has likely seen for themselves how much the city has changed. Thanks in large part to the booming economy, growing tech sector, and increasing international appeal, Seattle is no longer a sleepy little city tucked away in the far corner of the United […]
Local Market Updates Local Market Update – October 2016 At a time of year when sales traditionally slow down, September saw particularly strong sales growth. Home prices rose yet again compared to the same time last year, but they remain below the peak of several months ago. And inventory, while still low, is at its highest level in two years. The local real estate […]
Home Buying Should I Move or Remodel? There are a number of things that can trigger the decision to remodel or move to a new home. Perhaps you have outgrown your current space, you might be tired of struggling with ancient plumbing or wiring systems, or maybe your home just feels out of date. The question is: Should you stay or should […]
Local Market Updates Local Market Update – September 2016 While homes prices were up by double-digits compared to a year ago, the market frenzy that has affected most of this year is showing some signs of moderating. With the exception of the Eastside, prices for most of the region were down from their peak. Home sales generally outpaced the same period a year ago, […]
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