You are here: Home / Archives for Economy

Homes Are Selling Quickly

October 22, 2019 By Leave a Comment
  • The National Association of REALTORS® surveyed their members for the release of their Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions.
  • Homes across the country are selling quickly, in an average of just 31 days.
  • 49% of homes sold in less than a month.
Filed Under: Blog, Economy, Housing Market, Real Estate Updates

The 2020 Excise Tax

October 19, 2019 By Leave a Comment

In Washington State, there are changes coming.

Filed Under: Blog, Economy, Real Estate

4 Reasons to Sell Your Home This Fall

September 26, 2019 By Leave a Comment
  • Buyers are active in the market and often competing with one another for available listings.
  • Housing inventory is still under the 6-month supply found in a normal housing market.
  • Homes are still selling relatively quickly, averaging 31 days on the market.
Filed Under: Blog, Economy, Real Estate, Real Estate Updates

Why is the United States Homeownership Rate Stuck at 1965 Levels?

September 23, 2019 By 2 Comments
Filed Under: Blog, Economy, Real Estate, real estate financing, Real Estate Updates

August – NWMLS Monthly Market Snapshot

September 18, 2019 By Leave a Comment
Filed Under: Blog, Economy, Real Estate

A Recession Does Not Equal a Housing Crisis

September 17, 2019 By Leave a Comment
  • There is plenty of talk in the media about a pending economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
  • Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
Filed Under: Blog, Economy, Housing Market, Real Estate

The Housing Shortage in Perspective

September 15, 2019 By Leave a Comment

Why inventory has been shrinking.

Filed Under: Blog, Economy, Real Estate Updates

Is Your First Home Now Within Your Grasp?

September 12, 2019 By Leave a Comment
Filed Under: Blog, Economy, Real Estate, real estate financing

Existing Home Sales Point Toward a Good Time to Sell

August 5, 2019 By Leave a Comment
  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88thconsecutive month with year-over-year price gains.
Filed Under: Blog, Economy, real estate financing, Real Estate Updates
« Previous Page
Next Page »