Real Estate Market Updates & Insight

Statistics on the real estate market

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Investing December 2020 Real Estate Market Update Nothing about 2020 is normal, and that includes real estate trends. The housing market typically slows significantly during the holiday season, but that is not the case this year. Buyer interest is strong, sales are up, and prices have followed suit. A recent report ranked our area as the most competitive real estate market in […]
About Kari Haas Kari Haas is a Five Star Professional Award Winner For Immediate Release October 25, 2020   SEATTLE, WA – Five Star Professional is pleased to announce that Kari Haas is a 2020 Five Star Real Estate Agent! Kari is among an elite group of professionals honored with the Five Star award in the Seattle area. The Five Star Real Estate Agent award recognizes professionals who […]
Real Estate Market Updates & Insight November 2020 Real Estate Market Update The number of people who can work remotely may be changing the way we view our homes, but one trend has not changed. The local housing market in October remained unseasonably hot. And that doesn’t show signs of changing any time soon. October saw continued low inventory and record-level sales, with the number of sales […]
Real Estate Market Updates & Insight October 2020 Real Estate Market Update While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new listings are selling quickly in every price range. There just aren’t enough homes on the […]
Real Estate Market Updates & Insight September 2020 Real Estate Market Update August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes. […]
Real Estate Market Updates & Insight August 2020 Real Estate Market Update While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]
Real Estate Market Updates & Insight July 2020 Real Estate Market Update While our lives are very different than they were a year ago, the local real estate market has recovered to 2019 levels. Record low interest rates are helping spur demand. Sales were up, home prices increased and multiple offers were common. The number of pending sales, a measure of current demand, was higher in June […]
Real Estate Market Updates & Insight June 2020 Real Estate Market Update As we move to the next phase of reopening, life feels like it’s slowly inching back towards normal. The same is true in real estate. Statistics on home sales in May provided the first true picture of the effects of COVID-19. Those reports confirmed the incredible strength and stability of the local real estate market. […]
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Real Estate Market Updates & Insight May 2020 Real Estate Market Update We hope you are weathering the new normal as best as you can. With everyone spending more time than ever at home, real estate has taken on a whole new importance. For those who are interested, here is a brief update on how COVID-19 continues to affect our local market: Business was better than expected […]
Real Estate Market Updates & Insight April 2020 Real Estate Market Update Windermere is focused on keeping our clients and our community safe and connected. We’re all in this together. Since the early days of COVID-19, our philosophy has been “Go slow and do no harm.” While real estate has been deemed an “essential” business, we have adopted guidelines that prioritize everyone’s safety and wellness. Like everything […]
Real Estate Market Updates & Insight “Stay Home, Stay Healthy” Real Estate Update Revisions for real estate under “Stay Home, Stay Healthy” On March 25th we wrote a blog post based on Gov. Inslee’s announcement about how we will continue to conduct real estate business under the “Stay Home, Stay Health” Order. Because information about COVID-19 and its impact on citizens and the economy evolve so quickly, we […]
Real Estate Market Updates & Insight “Stay Home, Stay Healthy” How COVID-19 is Impacting Real Estate How is coronavirus impacting the Seattle real estate market?   Since news of COVID-19 swept the world, a lot has changed and continues to change rapidly. Like in all businesses and industries, those in real estate have been adapting and doing our best to plan ahead. On Monday, March 23, 2020 Governor Jay Inslee announced […]
Real Estate Market Updates & Insight March 2020 Real Estate Market Update The novel coronavirus (COVID-19) has not yet dampened demand in the housing market. Despite no more public open houses, homes are being listed and there are still more buyers than inventory. Buyers who had waited last year for a drop in prices have now seen several months of home prices increases. With demand far outstripping […]
Real Estate Market Updates & Insight November 2019 Real Estate Market Update A steady influx of buyers continued to strain already tight inventory throughout the area in October. Home sales were up, as were prices in much of the region. With our thriving economy and highly desirable quality of life drawing ever more people here, the supply of homes isn’t close to meeting demand. Homeowners thinking about […]
Real Estate Market Updates & Insight September Real Estate Update A decrease in inventory coupled with an increase in sales activity led to fewer options for home shoppers in August. There is some good news for would-be buyers as mortgage rates have dropped to their lowest level in three years. Demand remains high but there simply aren’t enough homes on the market. Brokers are hoping […]
Real Estate Market Updates & Insight Seattle Real Estate Market – August 2019 The real estate market continued to moderate in July. Inventory rose and home values softened, providing buyers with increased selection and more favorable pricing. With strong job growth and interest rates holding at below 4 percent, brokers expect the market to remain solid through fall. EASTSIDE The market remains strong on the Eastside. The current […]
Real Estate Market Updates & Insight Gardner Report Q2 – Western Washington Real Estate The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact Kari Haas at 206-719-2224. Economic Overview […]
Real Estate Market Updates & Insight July 2019 Real Estate Market Update The market in our region appears to be moderating. Inventory is up, prices are relatively stable and homes are taking a bit longer to sell. However, with less than two months of available inventory, supply is still far short of demand. Steady buyer activity, low interest rates and a thriving economy are making for a […]
Real Estate Market Updates & Insight March Real Estate Stats for King County March Real Estate Stats for the King County The spring home buying season started early this year. Open houses had increased attendance and bidding wars returned. After months of softening, home prices in most of the region jumped significantly from the prior month. With just one month of data, we’ll have to wait and see […]
Real Estate Market Updates & Insight January Market Stats for King County & Beyond January brought more good news for homebuyers. Prices were down, inventory was up and interest rates hovered near a nine-month low. Those factors drove more buyers into the market and resulted in an uptick in sales for the month. We’ll see how this transitioning market evolves as we head into the prime Spring home buying […]
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