Just like last month, we’re seeing multiple offers and homes selling above asking price in all markets. But also like last month, overpriced listings are sitting.
How Fast is the Market Moving? A Real Estate Speed Check for Our Region
The real estate market is a lot like our traffic—just when you think you’ve figured it out, it throws you a curveball. While the numbers give us valuable insights, the reality on the ground often moves much faster. This year we’ve been in bidding wars where homes skyrocket 35% over asking, and we’ve also helped buyers negotiate overpriced listings down because some sellers are a little too optimistic.
2024 Year-end Real Estate Market Recap
How Do Presidential Elections Impact the Housing Market?
Navigating Summer Real Estate Trends in the PNW
How Staying Updated Boosts Your Real Estate Strategy
How U.S. Economic Shifts are Impacting Real Estate
Past, Present & Future: How we got here and how to move forward
We all want clarity, peace of mind and hope for the future. But oftentimes, when the future is unknown, we fall into a spiral of negative doomsday thinking that leaves us feeling hopeless, anxious and unable to move. As we approach an impending US recession with Seattle housing prices dropping and the average time a home sits on the market increases past a month, it’s getting easier to let fear and anxiety take over. Hopefully this blog will provide context to where we are and practical advice to ensure you weather the storm with peace of mind.
2008 vs 2022 Real Estate Market: Data Over Emotion
We Have to STOP Submitting and Accepting Early Offers
By submitting and accepting early offers before the offer review date we as a collective group of real estate professionals are perpetuating an unhealthy and spastic work and market place environment. We are running ourselves into the ground and are showing little respect for our peers, buyers, colleagues and ourselves.