Northwest Multiple Listing Service brokers reported year-over-year gains in pending sales, closed sales and prices, but its report summarizing September activity also showed an 18% drop in inventory compared to a year ago.
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Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your home loan.
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Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service.
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Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.
Here are the results from the Q2 2019 Survey:
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July provided mixed messages on housing activity, noted one industry veteran when commenting on the latest report from Northwest Multiple Listing Service. The newly released MLS figures show last month's closed sales reached a 12-month high. Member-brokers also reported the number of new listings (11,193) nearly matched pending sales (11,139).
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Are you a condominium buyer in King County? According to the Seattle Times there’s some good news for you!
“ King County condo shoppers who tentatively reentered the market when it began to slacken in the spring have more reason to celebrate: A trend of falling prices and rising inventory solidified as spring turned into summer, according to monthly real-estate data released Monday.
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Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.
We’ve gathered current data from the industry’s most reliable sources to help answer these questions:
The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.
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The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, or region of the country, more than 55% of Americans in each category see homeownership as a good investment.
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On the Shoulders of Giants featuring Frank “Wish Man” Shankwitz a Creator and a Founder of the Make-a -Wish Foundation on Friday, July 26th from 8:00am to 9:30am at the Columbia Tower Club!
“If I have seen further than others, it is by standing on the shoulders of giants." ~ Isaac Newton
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On the Shoulders of Giants featuring Frank “Wish Man” Shankwitz a Creator and a Founder of the Make-a -Wish Foundation on Friday, July 26th from 8:00am to 9:30am at the Columbia Tower Club!
“If I have seen further than others, it is by standing on the shoulders of giants." ~ Isaac Newton
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Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year.
If you are one of those sellers, you may find these 4 tips helpful in getting your home sold more quickly.
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On the Shoulders of Giants featuring Frank “Wish Man” Shankwitz, a Creator and A Founder of the Make-a -Wish Foundation on Friday, July 26th from 8:00am to 9:30am at the Columbia Tower Club Frank, one of Forbes top ten keynote speakers will share his story behind the creation of the Make-a-Wish Foundation, one of the most culturally significant non-profits of our time. Don’t miss out on your chance to attend this great event!
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Hello, My name is Ecem “A-GEM” Pogge and I am a licensed Real Estate Broker at Katrina Eileen Real Estate, a registered architect and a LEED Accredited Professional. I’ve been a key project architect for a major firm specializing in mixed-use developments, and also done urban planning and community development. Currently, I am the owner of E SQUARE Architecture and CONSTRUCT Home + Investments.
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On the Shoulders of Giants featuring Frank “Wish Man” Shankwitz the Creator and a Founder of the Make-a -Wish Foundation on Friday, July 26th from 8:00am to 9:30am at the Columbia Tower Club!
“If I have seen further than others, it is by standing on the shoulders of giants." ~ Isaac Newton
Frank Shankwitz is best known as the Creator and A Founder of the Make-A-Wish Foundation, an extraordinary charity that grants the wishes to children with life-threatening illnesses
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Hello! My name is Kelvin Kleinman and I am a Washington Native! I grew up in the Montlake area and now I reside in Ballard with my partner Natalie. I have been a licensed Real Estate Agent since 2004, serving the greater Seattle area.
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June 2019 NWMLS Snapshot
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We had so much fun this past weekend at the Fremont Fair and Solstice event here at Katrina Eileen Real Estate! We enjoyed an amazing party here at our Fremont office on both Saturday and Sunday. DJ Neebor was our official DJ working the crowd during the party/event. A big thank you to all who attended! Hope to see you next year.
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