We can all feel the sudden population influx in Seattle, but this population boom is extending into a state-wide trend. A recent study by Atlas Van Lines found that incoming migration patterns to Washington State are the second highest in the nation. Inbound moving traffic 62.5% Of Washington movers traffic in 2017 was incoming migration, second [...]
U.S. home prices are coming off the bottom faster than many expected. Market researcher CoreLogic says prices were up 4.6% in August from a year ago, the largest year-over-year gain in six years. The report parallels others showing recent strengthening in home prices, which are still down about 30% from their 2006 peak. Much of [...]
Buying a home is way cheaper than renting in all 100 of the nation's largest metropolitan areas, including Seattle, according to a new report. The average home ownership cost in the Seattle area is $978 a month, 42 percent lower than average rent, the real estate company Trulia reported. Nationwide, owning is 45 percent cheaper than renting. [...]
Foreclosures rose dramatically faster in the Seattle area than in the country as a whole in August, according to a new report. King County foreclosure filings in August were up 32.2 percent from July and 34.2 percent from August 2011, the foreclosure data firm RealtyTrac reported. The nationwide total rose just 0.8 percent from July and fell [...]
As the weather cools down and summer vacations and weekends away come to an end, we approach one of the best seasons for investing in real estate. Now more than ever, it’s the ideal time to start looking at cash flow properties. We find many of our investors looking primarily for properties to flip. While [...]
Warren Buffet says Buy Buy Buy! In February 2012, Warren Buffett was featured on CNBC live and asked what his opinion of the real estate market was. His response? “If I had a way of buying a couple hundred thousand single-family homes I would load up on them. It’s also interesting to note that Warren [...]
“Buyers are screaming for more inventory and they’re being more aggressive with presenting offers on homes,” reported MLS director George Moorhead in Bothell. “Home shoppers perceive the bottom is nearing, he noted, “and both buyers and sellers want to catch the historically low interest rates.” “Close to the job centers, 45 percent of new listings [...]
