Real Estate News
King County Real Estate Market Update
According to Lennox Scott, in Washington, John L. Scott is selling virtually all new listings; many with multiple offers in all the market areas of King, Snohomish, Pierce and Kitsap counties in the price range where 90% of the sales activity i...Fall Market Update: The Four Legged Chair
For the first 3 quarters of 2015 home sales are well ahead of 2014 (12% higher volume) and median prices are up 14% (King County). This is the result of 4 factors contributing to the current market. Good Local Economy: All Real Estate is lo...Market Update for Spring 2015
In the broader context of the past decade, the current data suggests the state of the market in the Seattle area including the Greater Eastside is hot. The neighborhoods closer to the job centers in Bellevue and Seattle, Redmond and Kirkland ar...Some interesting statistics from 2010 Seattle/King County area Real Estate:
The NWMLS reported: *More than 52,000 closed sales, valued at more than $17.6 billion. Reported an area-wide median price of $262,000 for single-family homes and condos that sold last year, down about 4.7 percent from 2008. *Area Wide 987 sales...Back to School; Market Update
According the Northwest MLS recent report for August activity, value is what’s selling in the current housing market. Offers accepted were up 8.4 % from July, (a good sign as August is generally one of our slowest months) but off nearly 20% f...Home Sales for July Fall to 15 year Low
The National Association of Realtors said sales of existing homes fell to a 15-year low in July (off 25% from July 2009) and new home sales are off 80% from the peak 5 years ago; those are some staggering headlines we've been seeing in the last...The New Normal
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