Market Update: King County
Market Update for King County Market Update: Inventory *House featured is our recent listing of an Isola Homes house which sold in record time for top dollar! Here is the movement in Market Inventory from 2007- 2012. Low inventory levels means that homes are going under contract faster than ever. In September 2012, 27.1% of Single Family […]
Seattle voted #2 best US city! Let’s celebrate!
For the second time, Businessweek.com has ranked the 100 largest US cities, and Seattle came in #2. (Just behind San Francisco, ranked #1). Bloomberg Rankings helped Businessweek.com come up with the numbers, based on leisure attributes (the number of restaurants, bars, libraries, museums, professional sports teams, and park acres by population); educational attributes (public school performance, the […]
Home price bounce will help boost economy but it will take time
The ongoing rise in home prices, up for the sixth month in a row in July according to a widely followed index, is bringing some badly-needed support for an ailing U.S. economy. The road back to economic health, though, is going to be a long one. U.S. single-family home prices rose in July, though the improvement was […]
How are King County Home Sales Doing this Quarter?
King County home sales and prices continued to rise in the second quarter, pushing down affordability, according to a new report. Sales of existing homes rose by a seasonally adjusted 3.2 percent from the first quarter and 17.2 percent from a year earlier, the Runstad Center for Real Estate Studies at the University of Washington […]
Shortage of homes = bidding wars
The newest problem for the slowly improving housing market isn’t a shortage of serious buyers, it’s a shortage of good homes. Would-be buyers are packing… Would-be buyers are packing open houses and scrambling to make offers on properties before they are even listed. Bidding wars are erupting. And real-estate agents are vying fiercely to represent […]
Now is the time to diversify your investing with a cash flow property- here’s why.
Diversify your investing. While you are waiting for you next flip property, now is the time to purchase rental properties and build long term wealth. The rental market is on an upswing. As reported in The Seattle Times, rents are increasing because the foreclosure crisis has created a steady supply of renters in recent years, […]
