Well, if it hasn’t been obvious to you yet, the MLS came out with its monthly report, and this time it is not filled with good news. Or, is it? The financial mage Warren Buffett once said, “It is wise to be fearful when others are...
A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. I have of course received a lot...
For April 2020, our year over year closed sales inside King County is down 30.1% or in clear terms, we sold 1/3rd less homes this April vs April 2019. Astoundingly however, throughout the whole Northwest Multiple Listing Service area, we are seeing price increases of 6.4%...
I’m excited about what I’m seeing in the market, not just for home sellers, but for home buyers as well. For years, home buyers have been the underdog in the fight with a low selection of housing inventory to choose from, multiple-offer competition everywhere they turned...