If you didn’t hear, there has been a bit of drama in the real estate world lately, especially related to buyers’ agents! After a jury found realtors liable for “inflating” commissions and the National Association of Realtors settled for $418M,...
With interest rates still high, many buyers are still choosing to sit on the sidelines if they need a mortgagee—an about 2/3 of buyers are not cash buyers. Until recently, home buyers enjoyed historically low interest rates for the better part of the last decade....
What sort of real estate market will the new year bring? Yes, many buyers and sellers are at a standstill. Not surprisingly, the market generally takes a big pause at the end of the year. Plus, we had the perfect storm of steeply rising interest rates, job...
OK, so for those of you Stranger Things fans, the real estate market right now is a little bit like “the Upside Down.” It looks familiar, but at the same time, kind of scary. Some people might think there are alien monsters lurking. The Good News is for...
What was WAY up has now come down. Not crashing down. Not bursting. Just settling–somewhat awkwardly–back to Earth. Here in the Greater Puget Sound region, we are seeing prices “drop” a bit. But remember, price reductions on some homes are not...
As you may have heard, 2021 was a wild ride in many ways, including in the real estate market. After month after month of increasing prices and bidding wars, thing finally cooled down a bit in November and December. Sale prices continued to inch closer and closer to...
