Precautions for Sellers in Multiple Offer Scenarios
Our newsletter last month focused on helping buyers work their way through the challenge of buying a home in this extremely hot seller’s market. Now we would like to focus our attention on the challenges of selling your home in this same market. Current Interest Rates...
How to Survive In a Multiple-Offer Market
Just in the last few days, we learned of one multiple offer scenario where there were 26 offers submitted. How does a buyer compete and hope to gain success in a market like this? And that is just what we would like to share with you this month.Current Interest...
Thinnest Inventory In Recent Years
It’s common knowledge here in the Puget Sound region that our housing inventory levels are low across the region, but just how low are they? Current Interest RatesVery low! But first, the clarification that this article pertains to single-family-residential housing...
Eastside Market 2020 Perspective
In November we are generally getting close to the end of the real estate year in the Northwest and so it is a time to evaluate how the year has gone for our Eastside real estate market. As always, a great way to gain perspective on the market is to compare it to the...
A Letter Arrived…
Occasionally a notice comes to us from one of our affiliated partners in the real estate industry that offers news that is important enough that it needs to be shared. Just such a letter arrived in our email baskets on the last day of September 2020.Current Interest...
Would-be Homebuyers Have More Buying Power, But Also More Competition For Meager Inventory
Extremely low interest rates mean would-be home buyers have more buying power, but sparse inventory and increasing home prices in many parts of Washington state are leaving many buyers unable to take advantage of these attractive rates, reported broker Frank Wilson...