Have you ever bought or sold a home, or been close to someone who has? I bet you have. Just about everyone knows at least one person close to them who has bought or sold a home in the last year. Now, think of that person. Maybe it’s you. Let me guess, there was...
Think of the Seattle real estate market like a big college party: At first, there are a couple guests who show up right on time for a party. Maybe even a little early. Then, after an hour or two, things really get going. If it’s a really hot party, more and more...
The more they stay the same. It’s been a few months, I confess. For those of you following Seattle-area real estate, perhaps you have noticed that a lot has been changing in Seattle. The waterfront tunnel project is coming along; the viaduct will come down soon!...
Expecting a late-fall slowdown were you? As we slide into the holiday season, yes, the market should cool. Right? Well, yes. Normally. But anyone who’s been around the Seattle area in the last few years has probably noticed what the two graphs below show:...
Q: “We submitted a full-price offer, solid 20% down payment, 3% earnest money, and a pre-approval letter from our lender. So why did the seller REJECT our offer when there were no others on the table?” A: There are a few reasons why sellers can–and...
Sales data for homes in King County (excluding condos) for the last five years. Condo sales data below: If I had a crystal ball, I’d say this trend will continue at the current rate (10-13% year-over-year) for the next 5 to 7 years and/or until the hiring and...
