Seattle Real Estate

**Synced from Seattle and Real Estate Blog. We’ve been saying it for the past year and a half, but we’ll say it again; Seattle is definitely a Seller’s market at present. There is nothing more frustrating for a buyer than having everything in order for the home purchase, and not being able to ma...

The Real Estate market in Bellevue has continued to improve at a striking rate.  Although the number of homes closed in February 2014 was nearly identical to February 2013, the median selling price rose 10.1% to $670,000.  The average single family home sold for $909,494, and the average selling...

Syndicated from the Seattle and Real Estate Blog. The Seattle area saw median home prices and number of home sales fall for the second consecutive month in February, according to new data from the Northwest Multiple Listing Service. The price of single-family homes in King County fell from $410,...

    Syndicated from the Seattle and Real Estate blog. In some surprising and encouraging news for the national residential housing market, sales of new homes in January rose by 9.6 percent, the highest rate since July 2008, and it is predicted that the rate for both new and existing home sales wi...

While beginning the home search, many prospective buyers believe that real estate transaction costs are only the 3-6% commission, but the actual cost of selling a home are much higher. To avoid recurring transaction costs, here is a comprehensive estimate of this breakdown: If you bought a home ...

                    If you rent in Seattle, your pockets have certainly felt the rise in rental rates over the past few years. According to a report by Trulia, so have renters in other large tech cities. After dissecting housing reports Trulia found that prices were generally 82% higher in big te...

Over the past year, the median single family home price in King County reached $415,000, the highest it has hit in the past 5 years as the housing market recovers. After dropping to a seven year low in 2011, the median home price rose 7% in 2012, and climbed an additional 14% last year according...

Seattle Public Utilities has issued a statement indicating they will need to raise rates nearly 30% over the next 6 years for residential garbage, sewer, water, and storm water collection to keep up with current service demands. The average bimonthly bill will increase $16 each year, and SPU wan...

Even though 2014 is predicted to see an increase in inventory, right now there still isn’t a  big selection for prospective home buyers. According to the NWMLS, while December saw an increase in inventory of 6.2% from a year ago, an increase in sales mostly offset that increase. While inventory ...

Over the past 30 years, mortgage rates have ranged anywhere from a high of 18.63% in the early 80′s, to a low of 3.2% in late 2013. While rates are considerably low, many prospective homeowners have been able to buy now, taking advantage of a more manageable monthly mortgage payment which can be...