After a week of clouds, rain, and that little flurry of snow, Saturday is gearing to be a partially sunny … Continue Reading Seattle Bike Show this Weekend: March 4th & 5th
Home buyers are in a spring mood, but sellers are still hibernating, suggested one broker while commenting about the latest statistics from Northwest Multiple Listing Service. Figures for February and feedback from brokers indicate record-low inventory is spurring multiple offers, rising prices, fewer sales, and frustrated house-hunters.
The market is beginning to wake up from a long winter’s slumber. Will it bring new listings and more balance between buyers and sellers??
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.
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!
Adding upscale garage doors to your home can definitely give your home an instant facelift, increasing its curb appeal immensely. In fact, upscale garage doors are the second highest project in the Cost VS Value Report for the Pacific Region. The return on investment for adding garage doors tops out at 110.8% recouped!
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.
The 2017 Cost VS Value Report compiled by Remodeling Magazine is celebrating a milestone anniversary, with its 30th year of … Continue Reading 2017 Cost VS Value 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.
Opportunity exists for buyers who get to the game early. We are seeing some properties go under contract with few or no competing offers.
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.
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.
New Seasons Market has been such a nice addition to Mercer Island Town Center. They offer a great shopping experience, a handy place to grab lunch, and they have already been partnering with local non-profits.
So, it’s January (almost February). What now? It’s the beginning of a fresh and exciting year, but we all want … Continue Reading 13 Tips to Jump-Start the New Year!
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.
Originally posted on Windermere Blog, author Matthew Gardner I believe that the big story for the coming year will be first-time home buyers. Since they don’t need to sell before purchasing, their reemergence into the market ensures that sales will … Continue Reading First Time Buyers, Millennials, and What to Expect in 2017