DECEMBER REAL ESTATE REPORT FOR SEATTLE NEIGHBORHOODS
Seattle Real Estate
by Shahla Omar
3y ago
The local real estate market has been buzzing in recent months about consistently falling home prices through the last quarter of 2018. In just six months, prices decreased 11.3 percent – a steep decline after the home prices surged between 2012 and mid-2018. Industry analysts are pointing to an increase in available housing inventory with fewer buyers, increasing interest rates, seasonality, and other indicators. But a resurgence in the Seattle real estate market may be on the horizon thanks to some key changes. For one, the Federal Housing Finance Agency (FHFA) announced late ..read more
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Selling Your Home in Winter- How to Get Buyers Interested and Make it Work!
Seattle Real Estate
by Shahla Omar
3y ago
Burr! When there’s a chill in the air, there tends to be a chill in the Real Estate market along with it, but it doesn’t have to be that way. Sure, there’s less green on your lawn and you need to be wearing a lot more layers when you head to an open house, but it’s not all bad. In fact, selling your home in winter can actually be used to your advantage. Here are just a few ways to make selling in the winter a better experience. Exaggerate the Positives Is your home located in a highly trafficked area? If it is, it’s more likely to have lots of attention from the city when it snows and be free ..read more
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December Real Estate Report
Seattle Real Estate
by Angela Brennan
3y ago
Seattle has been ranked the hottest housing market of the year 2017, after 16 months in a row at the top of the S&P CoreLogic Case Shiller Home Price 20-City Composite Index. Home prices continue to stay at peak levels, and since inventory is quite low, the market for buying a home is incredibly competitive. According to Redfin, over 50 percent of the homes sold by the company last year resulted in bidding wars, showing just how deeply competitive 2017 was for local real estate. And the competition isn’t just between local buyers; international investors, particularly f ..read more
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November Real Estate Report
Seattle Real Estate
by Angela Brennan
3y ago
The Seattle real estate market shows no signs of slowing its hot streak of growth due to high demand, limited inventory and significant development projects that are snapped up almost immediately after completion. We are at the top of the list of major U.S. cities with the highest home price increases: “The Seattle metro right now we are seeing it’s the second fastest moving market among the large markets in the U.S. with almost 12 percent annual home value appreciation,” said Zillow Chief Economist Svenja Guddell, after the company issued a new market report ..read more
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Lakeside in Edmonds
Seattle Real Estate
by Angela Brennan
3y ago
This sunny, Lake Ballinger waterfront home sits at the end of a quiet cul de sac. A level, three quarters of an acre lot creates a quiet respite for the end of the workday or playing hooky on a summer afternoon. Beyond the formal entry, one’s eyes are immediately drawn to the wall of east facing windows with the spacious yard and lake beyond. The bright and open living and dining rooms wrap around a mid-century, corner, brick fireplace. An admirable kitchen couples the dining room and layout accommodates more casual meals or social connection to whoever is playing chef that day. A practical l ..read more
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Looking For a Home With a View?
Seattle Real Estate
by Angela Brennan
3y ago
According to the Seattle Times, a recent study by the University of Washington asked newcomers and long-term residents what they value most about the Seattle area. All answered “the natural beauty of the region”! So we can all agree we would love to wake up to a view, right? But what view suites you? The skyline? Lake Washington? The Puget Sound? Whichever it might be, Ewing and Clark has the listing for you! 2006 28th Ave S, Mt. Baker Amazing skyline views from almost every room in the house. 4 bedrooms up, 2 of which are Suites. The master suite features 5 piece bathroom, walk-in closet, bui ..read more
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Real Estate Outside of Seattle
Seattle Real Estate
by Angela Brennan
3y ago
Working in the city can be exhausting with the crowded sidewalks and streets, loud with the horns and sirens, and at times too much concrete! Many Seattleites spend a majority of their weekend out in the beauty Washington has to offer. Have you ever thought about skipping the weekend commute and having a home away from home? Having a place to gather friends and family for holidays? Ewing and Clark has the home for you! Anacortes lies in the Olympic Mountain rain shadow surrounded by the north Puget Sound and San Juan Islands. The area gets half as much rain as Seattle. Located on Fildalg ..read more
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Real Estate News from Ewing and Clark
Seattle Real Estate
by Angela Brennan
3y ago
The heat is really rising this month and the inventory in the real estate market is still low. For the first time in the King County area, the median home price has increased over $100,000 in just one year. The country had its hottest month of July in the last 17 years, with prices rising 18.6 percent from a year ago. Seattle and the Eastside did show a slight drop in median prices compared to our record-setting June, but were still up 15 percent from last year. Seattle’s median home price is $749,000 and the Eastside is $860,000. Condo median price in Downtown Seattle actually saw a slight d ..read more
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Homes for Under a Million
Seattle Real Estate
by Angela Brennan
3y ago
The Seattle real estate market continues to be one of the hot topics in the nation.  As prices rise and inventory remains low, many first-time home buyers are in bidding wars for their dream home (or close to their dream home). Queen Anne has become Seattle’s first neighborhood to have a median home price of $1 million dollars and Capitol Hill is not far behind at $890,000. Condominium sales are also struggling with inventory, down 24 percent from a year ago. The median sales price for condos last month was $328,675, which is an increase of 9.6 percent from a year ago. Some think there is ..read more
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Seattle Rents: High, But Not Highest In Washington State
Seattle Real Estate
by Shahla Omar
3y ago
It’s not a news flash that the real estate scene in Seattle has exploded in recent years. The Emerald City has gone from a town most people outside the state only associated with coffee and flannel, to the tech capital of the US (save for our friends in Silicon Valley). As home to some of the biggest tech names in the world and a booming job market to match, it’s fair to say there’s might not be enough housing to meet demand. Or, at least to meet demand AND your budget. High rises, apartment buildings and condos are going up all over the city, and soon, our beloved skyline will be dotted with ..read more
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