News

July 8, 2015

Market Update: July 8, 2015

  

 News that hits us where we live.

 

July 2015 | Home Sales Are Sizzling, Reaching 10-Year High

Temperatures around Western Washington were not the only thing sizzling during June. The Northwest Multiple Listing Service reported 11,453 pending sales last month, the highest volume since August 2005 when members notched 11 ...

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Posted in Market Stats, News
June 11, 2015

Market Update: June 11, 2015

 

 

News that hits us where we live.

 

June 2015 | Home Buyers are Sprinting, but Sellers are Stalling

Home buyers are in "full sprint" mode while sellers are stalling, resulting in inventory shortages and multiple offers on well-priced homes in many Seattle neighborhoods and beyond.

Although inventory has dropped ...

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Posted in Market Stats, News
May 27, 2015

Tacoma Revitalization Draws New Residents, Boosts Housing Market

The City of Tacoma is rapidly changing, increasing the demand for housing throughout Pierce County. Downtown Tacoma revitalization efforts are providing new job opportunities and preparing for 97,000 more jobs and 127,000 new residents predicted by 2040. 

As a result of this increased demand for housing, home prices in ...

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Posted in Market Stats, News
May 8, 2015

Market Update: May 8, 2015

 

News that hits us where we live.

 

May 2015 | Demand Triggering Record Pace of Home Sales

 

Pending sales reached a record high during April, surpassing the year-ago volume by 18.7 percent. Both closed sales and prices also surged last month as the spring market kicked into ...

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Posted in Market Stats, News
April 9, 2015

Market Update: April 9, 2015

 

News that hits us where we live.

  

 April 2015 | Forecast is Hot for Spring and Summer Housing Markets

 

The hot seller's market is in full bloom this spring, and listings are selling as soon as they come on the market for sale.

Multiple offers are ...

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Posted in Market Stats, News
March 26, 2015

*SOLD* charming, well-cared for West Seattle Craftsman Home

8134 10th Ave SW, Seattle | $385,000

Listed Exclusively by

Charles Burnett | SoundRealtyGroup.com

west seattle home for sale in seattle

Pride of ownership shows throughout this charming, well-cared for Highland Park Craftsman. Upstairs features 2 beds with walk-in closets, bathroom, large living room w/ fireplace, kitchen w/ eating space & dining room. Downstairs features a family ...

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March 12, 2015

Market Update: March 12, 2015

 

News that hits us where we live.

  

March 2015 | Early Spring Brings Crop of Homebuyers

 

Favorable weather and restored confidence are propelling home buying activity around Western Washington to the highest level in nearly a decade.

Pending sales surged 18.7 percent in February compared to the same ...

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Posted in Market Stats, News
Feb. 9, 2015

Market Update: February 9, 2015

 

 News that hits us where we live.

  

February 2015 | Limited Inventory Frustrates Homebuyers

 

Home sales this super bowl season outpaced a year ago as sidelined buyers emerged to compete for limited inventory.

New figures show year-over-year increases in pending sales, closed sales, and prices, while inventory fell ...

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Posted in Market Stats, News
Jan. 28, 2015

FHA Lowers Annual Mortgage Insurance Premiums

The Federal Housing Association (FHA), a government agency that allows homebuyers to purchase a home with as little down as 3.5% of the purchase price, is reducing its annual mortgage insurance premiums for U.S. homeowners. Effective January 26, 2015, premiums are cut from 1.35% of a loan value to ...

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Jan. 27, 2015

New Law Requires Seattle Landlords to Register Property

Rental Registration and Inspection Ordinance (RRIO)

The Rental Registration and Inspection Ordinance (RRIO) is a recently established law pertaining to rental properties within the city of Seattle. As of 2014, landlords with rental properties in Seattle ranging from single-family homes to large apartment buildings are required to register their properties ...

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