Washington state, including King County and the Seattle metro area, has not built enough housing to keep up with the demand. Condos in particular have been underbuilt because of harsh liability laws. With very few condos built in the last decade, this more affordable middle-market option was not available to… Read more
RepairPricer.com recently analyzed 15,000 home inspection reports to discover the most commonly found defects in homes selling in the U.S. today. Defective Item Occurrence Percentage of homes Exterior caulking and sealer is missing 2439 16.26% Doors need adjusting and servicing 2320 15.47% Faucets and heads need servicing 2213 14.75% Outlets… Read more
The Superbowl is widely considered the start of the spring housing market – so even a game as boring as this year’s may indicate an exciting spring start. After a slight cooldown at the end of last year, members of the Seattle King County REALTORS® Young Professionals Network see signs… Read more
New data released by LendingTree shows that buyers in Washington state are paying some of the largest down payments in the country. Behind other high-cost, competitive markets of D.C., California, New York and Colorado, Washington buyers are placing $71,419 down on the average loan amount of $371,810. The national average… Read more
By Nicole Meyers Originally posted on realtor.com on October 11, 2017 Our realtor.com® headquarters in Santa Clara, Calif., is located very close to one of the most famous haunted houses in America, the Winchester Mystery House… Read on.
With the Seattle housing market still solid but undoubtedly changing, brokers want to know: how are other successful brokers staying relevant, building trust with clients and setting seller expectations? The panelists at Thursday’s The Edge: A Networking Breakfast with Economist Matthew Gardner, hosted by the Seattle King County REALTORS® Young… Read more
Windermere Chief Economist Matthew Gardner knows affordability and housing supply are still major issues in Seattle and other hot housing markets across the country. But are we in a housing bubble? Gardner says he doesn’t see anything in the numbers to be afraid of. Gardner presented a data-packed economic and… Read more
Brokers from Seattle King County REALTORS® responded to this month’s Broker Bulletin poll, answering the question, What percent of your submitted offers and listings this year have involved multiple offer situations? Nineteen percent of respondents each said 0-25 percent and 26-50 percent, while nearly a quarter said that 51-75 percent… Read more
The Women’s Council of REALTORS® (WCR) South King County kicked off the year with over 100 WCR members and guests for the installation of their 2018 leadership at their recent meeting. The meeting featured a presentation from Lennox Scott on the 2018 Puget Sound real estate forecast. Scott, chairman and… Read more
Earlier this afternoon, the House voted 227-205 to pass the Tax Cuts and Jobs Act, the tax proposal that caps the mortgage interest deduction at $500,000 and the property tax deduction at $10,000. The House must now reconcile its plan with the Senate bill, under review by the Senate Finance… Read more