Published on: March 6, 2023 by the Northwest Multiple Listing Service Open house traffic has been brisk around Western Washington, signaling the start of the spring market, suggested brokers at Northwest Multiple Listing Service. They noted softening prices are enticing some would-be buyers, while others remain on the sidelines hoping fluctuating mortgage rates will stabilize
Buyers, Sellers Remain at Odds By Christine Cooper and Rafael De AndaCoStar Analytics March 1, 2023 | A reprieve in mortgage rates from November to January brought hope that the housing market was starting to loosen up, but recent data show that there’s still a long way to go to get the market into better balance. Sellers
Last week the Federal Reserve raised the interest rates by the third consecutive time by .75% basis points to reach 3.25% from 0% just a short time ago. This is consistent with what they have said they plan to do and is not the last rise expected this year. A similar rate increase is likely
There is an overall sense that “normalcy” is returning to the market with June prices showing their smallest growth since June 2020. According to the Northwest Multiple Listing Service’s monthly report, released July 6th, realtors overall said there were more houses on the market, and for longer, in June, with prices continuing to stabilize,
Lawn chairs have emerged from hibernation, flowers are in bloom, and the smell of barbecue is in the air—summer is finally here! With all the fun activities filling our weeknight and weekend calendars, carve out a little time to check these easy summer home maintenance to-dos off your list to keep your home in tip-top
As rates reached over 4.5% last week for the first time in several years, the market continued to stay smoking hot. We expect that if rates continue to rise, we will start to see a material slow down on pricing and perhaps activity, but that has not happened yet. Today’s rates start at 4.625% and
Friday, April 8, 2022 7:30 PM 9:00 PM UFM- University Friends Meeting 4001- 9th Avenue Northeast, Seattle, WA, 98105 Come join us in creating a ground swell of movement to help get Seattle homeless citizens safely and affordably housed. Author/ Architect and Activist will be speaking about his book, “A Solution to Homelessness in Your
Office Happy Hour – Friday April 1st 4:30PM-7:00PM Come celebrate our office exhibit Together/Apart by local artists Julie Graber & Daphne Minkoff featuring photos taken and shared between two friends during the pandemic to stay connected during times of separation. In/Outdoor Event Email to RSVP eva@infinitiRED.com We are excited to host this thoughtful art
As 2021 comes to an end, everyone is still feeling the pandemic’s influence on the world. In the real estate market, it was challenging year to buy a home. The key factors in this year’s market were low inventory, low interest rates, high demand and fierce competition. If you were lucky enough to win a competitive offer,
This holiday we are celebrating the success of the Lake City Partners, a non-profit serving the unhoused community in North Seattle and Shoreline. This year they received funding from King County to purchase the Oaks residential apartment building in Shoreline to serve as a permanent home for up to 65 unhoused residents. Lake City Partners