With inventory low and eager buyers driving prices up faster than traffic backs up on the 405 during rush hour, how can a seller best strategize for a successful home sale--and avoid pitfalls?
Do your research, choose your listing price, and watch the buyers line up.
Unlike the cost of a gallon of milk or a flat-screen television, a home’s price can be hard to pin down. It’s complicated because each home is unique, and has its own story to tell.
When it comes to setting the price of a house, the only thing to do is to look at the recent sales and active listings of similar homes in your area. Combine this research with the inside market knowledge of a local real estate agent, and you can confidently choose your list price.
What is a “Fair” amount to pay for real estate commission?
Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.
When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.
Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case. In fact, you can pay whatever you and the agent have agreed upon.
What is a “Fair” amount to pay for real estate commission?
Snoqualmie Affordable Housing Project one step closer to reality; conditional use permit approved
February 1, 2018 by Danna McCall Leave a Comment
A proposed Snoqualmie Valley affordable housing project moved one step closer to reality this week, but construction could still months away.
The City of Snoqualmie posted a Notice of Decision this week stating that a Hearing Examiner has signed off on a Conditional Use Permit requested by Panorama Apartments, LLC for their proposed 191-unit Affordable Housing development to be located in the Eagle Pointe neighborhood of Snoqualmie Ridge. Panorama is a subsidiary of DevCo, which also built Discovery Heights in the Issaquah Highlands.
Panorama was seeking a Conditional Use Permit (CUP) to allow
Eastside Home Price Charts For The Last 3 Years... WOW!
Local Real Estate Listings & Community Info
Everything you need to know about the Eastside real estate market is right here. Be sure to check out the Eastside home for sale stats and the local listings available below. The numbers shown include both condos and single family homes, so you'll get a better idea of what the market is doing. Located on the east side of Lake Washington, the Seattle Eastside encompasses everything from Bothell to Newcastle and Bellevue to North Bend.
Eastside Community & School Info
Homes for Sale
Below are the numbers for Issaquah, Sammamish, Bellevue and Snoqualmie. Each has seen steady double digit price growth for the past 3 years.
It’s All About Inventory: “Exceptionally Low” Inventory Results In Steep Price Hikes Around Greater Seattle Region.
KIRKLAND, Washington (January 5, 2018) – The year 2017 may be in the books and for many members of Northwest Multiple Listing Service it was a memorable one with December’s activity being no exception. Brokers reported historic lows for inventory and year-over-year price gains in most areas.
Historic lows for inventory
Inventory down 19 percent
Lowest level of homes for sale in a decade
King County prices up nearly 16%
System wide prices up 11.4%
“I’ve never seen inventory this low in Kitsap County in 27 years,” remarked Northwest MLS director Frank Wilson, branch managing broker at John L. Scott Real
Holiday Shopping Crowds – In The Local Housing Market!
KIRKLAND, Washington (December 6, 2017) – “Normal seasonal slowdowns” are reported by some real estate leaders with Northwest Multiple Listing Service, but other brokers say this holiday season is still drawing crowds at open houses along with competitive bidding in some neighborhoods.
Accepted Deals Outpace New Listing Again
Inventory Levels Continue To Tighten
Home Values Continue to Escalate “Up 10.8%”
Both inventory and pending sales dipped to their lowest levels since April, while prices still increased by double-digits in most of the 23 counties served by Northwest MLS.
MLS members reported 8,304 pending sales of single family homes and condos, a slight (1.6 percent)
Every industry tracks innovations in its field, and housing is no different. As a real estate pro, here are the need-to-know products and services promising to transform homes and your clients’ lifestyles over the next year or so.
December 2017 | By Barbara Ballinger
The big-picture view on housing trends in 2018 center around integrating technology and creating healthy and connected living environments. That’s why building materials, systems, and products that speak to these concerns are expected to generate greater buzz in the coming year. And with more generations living under the same roof, home-related features that provide an extra pair of hands or
With everything going on from Holiday parties to shopping and visits from the in-laws we know that it’s easy to turn away from listing and selling your home during the holidays. Plus almost everyone says the market slows down in the Winter and you should just wait until Spring, right? WRONG!
While it’s true the market is usually slower around the holidays, the current market trends of constrained inventory and desperate buyers have in fact made the Holidays an excellent time to put your house up for sale. With fewer sellers listing during the Holiday period, buyers are left sitting around with pre-approval letters in-hand just starving for inventory!
Need more incentive? Here are 12 reasons selling your house during the holidays is an excellent
Fading FSBOs: More Sellers Admit They Need Real Estate Professionals Help
Posted by Cary W Porter on Friday, November 3rd, 2017 at 9:46am.
Homeowners are increasingly turning to real estate agents for help in selling their home, as the share of for-sale-by-owner sales remains at the lowest share on record, according to National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers.
Sellers’ use of a real estate agent remained at an all-time high this year at 89 percent, according to the survey. Meanwhile, for the third consecutive year, for-sale-by-owner sales continued to be at the lowest share in the history of NAR’s survey at 8 percent.
Sellers reported mostly being satisfied with the performance of their agents, too.