Seattle Real Estate Market Review

Screen Shot 2014-04-22 at 1.39.41 PMJanuary home prices in Seattle down 0.8 percent:

Home prices in the Seattle metro area dipped for the fourth month in a row in January, in line with a nationwide decrease, according to the S&P/Case-Shiller 20-city index released Tuesday. The average price of existing single-family homes in King, Snohomish and Pierce counties dropped 0.8 percent from the previous month, after a 0.5 dip in December. By comparison, the 20-city index dropped 0.1 percent in January, as it did the previous two months.

Source: The Seattle Times, March 25, 2014

Home price rising more slowly, but for-sale signs remain scarce:

The median price of single-family homes in King County rose in March to $414,950, an increase of 6 percent from a year ago, the Northwest Multiple Listing Service said Thursday. Prices surged in Snohomish and Pierce counties: The median price rose 9 percent to $314,975 in Snohomish, and 13 percent to $230,000 in Pierce. A continuing tight inventory of homes for sale kept pressure on prices. “Everyone’s waiting for the spring bounce in listings,” said Seattle economist Matthew Gardner.

Source: The Seattle Times, April 3, 2014

Rising rents, rising towers push out tenants of modest means:

When a developer demolishes the century-old Williamsburg Court Apartments in downtown Seattle this year, 49 households will have to find new homes. They include a high-school math teacher, hotel concierge, classical trumpeter, restaurant manager, theater coordinator, a writer and two executive chefs. Across the street at the high-rise apartment tower Aspira, a one-bedroom unit starts at just under $2,000 — more than twice what many residents pay at the three-story Williamsburg Court.

Source: The Seattle Times, April 5, 2014

Severe inventory shortage sends Seattle-area housing prices higher:

Homeowners, if you’re thinking about selling, real estate agents have a message for you: Get off the dime already. A report from the Northwest Multiple Listing Service on Thursday said housing prices in the metro Puget Sound area rose in March compared with a year ago. The main reason is an inventory shortage. The listing service said that in King County, there’s only a 1.8-month supply of houses and condos for sale. Industry analysts say a four- to six-month supply is needed for a balanced market.

Source: Puget Sound Business Journal, April 3, 2014

2 Puget Sound-area neighborhoods on ‘green’ homes list:

Two Puget Sound communities have been named to a list of the top 10 U.S. neighborhoods that have the largest number of “green” homes. Downtown Bellevue was fourth on the list, with 36 percent of its residential home listings having green features, and Seattle’s Columbia City neighborhood was No. 8 on the list, with 30 percent of its residential listings having green features.

Source: Puget Sound Business Journal, April 17, 2014

How to Avoid the 10 Biggest Mistakes Home Sellers Make

Screen Shot 2014-04-08 at 9.17.57 AMYou’ll sell your house faster — and for more money — if you avoid these common pitfalls.

What Home Buyers Love – Hate

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Canadians Home Buying Preferences

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Why You Need a Real Estate Agent To Buy A Home

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Courtesy of: Jensen and Company – Park City Utah Real Estate Agent

Help for Selling Your Home Faster — For More Money

Screen Shot 2014-03-17 at 7.37.53 AMPrep your home properly before you put it on the market. Learn what tasks are worth the money and the best pros for the jobs

Selling a house is a major undertaking. Where do you begin? First you’ll need to establish a big-picture view of how to prepare it. This ideabook will help you do that, so you can get your home in shape to sell quickly at the best possible price (without breaking your budget).

 


Remodeling, decorating, and more ∨Filter by metro area and choose the right kitchen designer for your kitchen style.
As you get ready to host an event, be sure you have enough dining room chairs and dishes for dinner guests, as well as enough bakeware and chef knives for food preparation.

The Ultimate Home Seller’s Checklist

Are you planning to put your home on the market sometime soon? When putting your home up for sale there are several things you need to keep in mind in order to get your home sold quickly and at the highest price possible. Here is the ultimate seller’s checklist to help you get the best results.

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10 Questions To Ask A Moving Company

This infographic titled ’10 Questions To Ask A Moving Company’ shows the questions which help tochoose the best moving company keeping in mind their moving needs. It covers all the important features that should be evaluated before making the final decision of renting a storage unit.

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The cost of living in the U.S. INTERACTIVE

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Check out this interactive infographic that takes a look at the rankings of each state in terms of a whole host of factors including college tuition, gas prices, and home prices to name a few.


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