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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...

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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...

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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...

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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...

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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...

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June Market Update

Home sales during May tapered off following a surge of activity in April as buyers hurried to meet deadlines for tax credits. The MLS reported a decline of pending sales of more than 44 percent from April. Year over year though throughout the 2...

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