Saturday, August 20, 2016

Friday, June 24, 2016

Do you like the contrast between the dark hardwood floor and the white cabinets & decor in this elegant kitchen?


via Steven Schrudder at Windermere http://ift.tt/28SvhCj

King County Real Estate Market Sees Sales Decline | Published: 6/17/2016 | Homesnap Real Estate News

While home sales in the King County market have been above average, in this week's report there were 3,121 homes sold over the last 30 days. On the other hand, close-by Pierce County registered 1,325 home sales in the same period, the most of all surrounding counties. The median sales price rose to $500,700 over the latest reporting period for King County, up from $499,450. Despite the slip in sales, a relatively low one month of inventory indicates that King County is a solid seller's market.
from Steven Schrudder at Windermere http://ift.tt/1PB3ccQ

Thursday, June 23, 2016

Mortgage applications fall 2.4% despite lowest rates in a year

Economic concerns in the U.S. and overseas pushed mortgage rates to lows not seen since the start of 2015, but that did nothing to spur homebuyers.
from Steven Schrudder at Windermere http://ift.tt/28OF8Ge

Monday, May 9, 2016

Latest News Release

KIRKLAND, Washington (May 5, 2016) - Northwest Multiple Listing Service reported strong gains in the volume of new listings its members added during April (up 13.6 percent from March), but inventory remained well below the supply needed for a more balanced market. MLS leaders say the lopsided market is prompting some anxious buyers to take ill-advised risks. Prices showed some signs of moderating with a 5.5 percent year-over-year increase across the MLS 23-county market area. That's the lowest YOY gain since December 2014 when it was 5.45 percent. In its latest statistics with summaries of April activity, the MLS reported 11,407 pending sales during the month, about the same as a year ago when brokers reported 11,384 mutually accepted offers. For the four-county Puget Sound region, pending sales totaled 8,332, making last month the third strongest April in the past 16 years. Compared with prior Aprils, last month's volume was surpassed only in 2015 and 2005. "Our market is near historically low levels of absorption. This has things weighted in sellers' favor," remarked Ken Anderson, president/owner of Coldwell Banker Evergreen Olympic Realty and a former Northwest MLS director. "Successful buyers are working closely with their brokers to study the market, choose great lenders, and make smart choices in composing compelling but not careless offers," he added.
from Steven Schrudder at Windermere http://ift.tt/1LPCwbR