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February 17th Seattle Area Housing Report

Increased pending sales have further diminished the supply of homes for sale-leaving slim pickings for buyers-especially at price points below $1 million in core metro neighborhoods of Seattle and all of Bellevue. Word on the street among local realtors is that many new listings are coming to market next week. While very welcome news to the ravished home shoppers out there, it falls desperately short of the inventory needed in the market to keep us from teetering into the abyss of an unsustainable seller’s market.

Top 2017 Cost VS Value Report project for the Pacific Region: Engineered Stone Veneer

Including stone on your home’s exterior adds texture and interest to your house. And with today’s engineered stone veneer options, the installation is not as expensive or invasive as it used to be. In fact, this particular task placed in the top 3 projects listed in the Cost VS Value report for the Pacific Region, with 106.7% of the project cost recouped!

Top 2017 Cost VS Value Report project for the Pacific Region: Attic Insulation

Attic insulation topped the 2017 Cost VS Value report for the Pacific Region. The return on investment for this project is 122.8% of the price recouped! Houzz Contributor, Mariana Pickering, put together an informative Story covering insulation basics. She discusses how heat moves through a home, what materials can best help retain heat within our homes, and ways to make sure your insulation is being effective.

February 10th Seattle Area Housing Report

Pending sales were up in more than half of the region’s neighborhoods. Diminished inventory of available homes for sale continues to be a huge obstacle for home buyers. With local employers such as Amazon adding more than 110,000 workers, regionally and across the globe, and a shortage of buildable land, it’s no wonder housing supply is so tight.

January 2017 Seattle Area Housing Report

Western Washington’s “high velocity” market continued during January with the number of pending sales (7,745) outgaining the number of new listings (6,507), according to new figures from Northwest Multiple Listing Service.

January 27th Seattle Area Housing Report

This week marked slower sales activity in many areas as many new listings trickle onto the market. Perhaps buyers are playing the wait and see game? With prices expected to rise further this spring, buyers may not want to sit on the sidelines too long.

January 20th Seattle Area Housing Report

Fewer new listings this week. Solid sales activity decreases the supply of available homes in most areas. Even the $2 million+ market looks favorable to seller this week.

January 13th Seattle Area Housing Report

A lot of new listings this week with pending sales nipping on their heels. Much to the dismay of many potential home buyers, this looks to be an early start to strong seller’s market in 2017.