Posts Tagged ‘homes’

Luxury Market Upswing

Posted: February 12th, 2015 by Brad

Further evidence of a housing recovery is reflected in high-end sales. Northwest MLS members reported 2,069 sales of single family homes priced at $1 million or more, up nearly 28 percent from the 2013 total of 1,621 “luxury” sales. Condos priced at $1 million and up accounted for another 152 sales. A total of 878 [...]

Happy 2015! Market Predictions

Posted: January 14th, 2015 by Brad

We’re optimistic it will be a happy new year. The economy continues to pick up steam as the job market strengthens and oil prices plummet. Of course the only constant is change and our market is dynamic. The following are our predictions for the year ahead for our regional real estate market: 1) Foreclosures – [...]

Amazon Leads Downtown Housing Boom

Posted: December 10th, 2014 by Brad

Most of us are aware Amazon is a powerful force, noticeably propelling our local economy. What many may not be aware of is the civic development required to keep pace with the housing needs of the company’s rapidly growing workforce. This article, viewable via the following link, explains how the company’s unprecedented expansion is impacting [...]

Year In Review

Posted: December 10th, 2014 by Brad

Last January we made some predictions for this year, which we posted to our blog available via the following link: http://justrealseattle.com/2014/01/new-year-predictions/. The following five bolded statements were our 2014 market predictions with descriptions of what the market actually did this year. 1. Inventory Should Gradually Stabilize and Return to Traditional Seasonal Levels Perhaps this was [...]

Balanced Market, Selective Buyers

Posted: November 19th, 2014 by Brad

Home buyers are back, and they’re savvy and selective, according to officials who commented on the latest statistics from Northwest Multiple Listing Service. For sellers, that means pricing a home correctly at the start is vital, said industry veteran Kathy Estey, a member of the MLS board of directors. The new report summarizing October activity [...]

Hottest sales season in five years

Posted: September 17th, 2012 by Brad

Rebound continues, strengthens sellers’ positions   At least one area of our region was hot this summer. According to NWMLS statistics released earlier this month, August was the fourth consecutive month with more than 2,000 closed transactions. That makes the summer of 2012 the most robust sales season since 2007.   The prices homes fetched [...]

Auctions – the new normal

Posted: September 17th, 2012 by Brad

It’s projected by 2016 one in three U.S. homes will be sold at auction. Not to worry, this isn’t because we’re expecting the bottom to fall out of the market again; quite the contrary. When most people think of homes being auctioned, they tend to think of foreclosures. Distressed homes are just one kind of [...]

Demand for homes, condos continues to rise

Posted: August 15th, 2012 by Brad

Short supply, favorable financing cited as major factors Brokers around western Washington reported brisk activity during July with home buyers scrambling to take advantage of attractive financing while encountering shrinking inventory and, in some areas, rising prices.   Pending sales jumped more than 17 percent from a year ago, according to new figures from Northwest [...]

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