Seattle Real Estate Blog, News

Sept. 28, 2020

Mortgage minute, Jeff McGinnis

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Sept. 23, 2020

10% Down Jumbos, Jeff McGinnis

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Sept. 23, 2020

Seattle Real Estate Market Weekly Update - September 23, 2020

Seattle real estate market statistics update weekly Here is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market:

Buy Price in Seattle: $32.5k - $16.5m
This area has 2,796 homes for sale

Nearby neighborhoods:
Magnolia - Buy: $279k - $10.9m ; 58 homes for sale
Capitol Hill - Buy: $98k - $5.98m ; 166 homes for sale
Wallingford - Buy: $200k - $2.13m ; 54 homes for sale
Greenwood - Buy: $240k - $1.59m ; 38 homes for sale
Broadview - Buy: $50k - $2.29m ; 17 homes for sale
South Beacon Hill - Buy: $525k - $2m ; 16 homes for sale
Belltown - Buy: $310k - $16.5m ; 125 homes for sale
Admiral - Buy: $275k - $4.79m ; 66 homes for sale
North Beacon Hill - Buy: $140k - $1.59m ; 37 homes for sale
Fremont - Buy: $289k - $5.5m ; 53 homes for sale

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

The #1 Sales Team For Seattle's #1 Full Service Sale Office

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Sept. 21, 2020

New Tax on Mortgage Refinances by Mortgage Consultant, Jeff McGinnis

Posted in Mortgage Education Videos

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Sept. 16, 2020

Seattle Real Estate Market Weekly Update - September 16, 2020

Seattle real estate market statistics update weekly Here is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market:

Buy Price in Seattle: $32.5k - $16.5m
This area has 2,688 homes for sale

Nearby neighborhoods:
Magnolia - Buy: $279k - $10.9m ; 50 homes for sale
Capitol Hill - Buy: $98k - $5.98m ; 163 homes for sale
Wallingford - Buy: $200k - $2.24m ; 58 homes for sale
Greenwood - Buy: $225k - $1.59m ; 35 homes for sale
Broadview - Buy: $200k - $3m ; 18 homes for sale
South Beacon Hill - Buy: $525k - $2m ; 14 homes for sale
Belltown - Buy: $340k - $16.5m ; 118 homes for sale
Admiral - Buy: $275k - $4.79m ; 66 homes for sale
North Beacon Hill - Buy: $140k - $1.6m ; 38 homes for sale
Fremont - Buy: $289k - $5.51m ; 47 homes for sale

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

The #1 Sales Team For Seattle's #1 Full Service Sale Office

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Sept. 10, 2020

Down Payment Resource

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Sept. 9, 2020

Seattle Real Estate Market Weekly Update - September 09, 2020

Seattle real estate market statistics update weekly Here is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market:

Buy Price in Seattle: $32.5k - $16.5m
This area has 2,675 homes for sale

Nearby neighborhoods:
Magnolia - Buy: $279k - $12.5m ; 51 homes for sale
Capitol Hill - Buy: $238k - $5.98m ; 153 homes for sale
Wallingford - Buy: $200k - $2.24m ; 50 homes for sale
Greenwood - Buy: $225k - $1.59m ; 30 homes for sale
Broadview - Buy: $50k - $2.28m ; 18 homes for sale
South Beacon Hill - Buy: $260k - $2m ; 16 homes for sale
Belltown - Buy: $340k - $16.5m ; 121 homes for sale
Admiral - Buy: $165k - $3.75m ; 66 homes for sale
North Beacon Hill - Buy: $140k - $1.6m ; 40 homes for sale
Fremont - Buy: $289k - $5.51m ; 50 homes for sale

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

The #1 Sales Team For Seattle's #1 Full Service Sale Office

Posted in Seattle Real Estate News

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Sept. 8, 2020

August Real Estate Market Report

Posted in Real Estate Education videos

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Sept. 4, 2020

July 2020 Pending Home Sales

August 27, 2020

By: Michael Hyman

NAR released a summary of pending home sales data showing that July’s pending home sales pace increased 5.9% last month and rose 15.5% from a year ago. This would be the third consecutive month of gains as well as the second year-over-year incline since the virus’s impact on the housing market.

Bar chart: Pending Home Sales Index July 2019 through July 2020

Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing Home Sales data by 1 to 2 months.

All four regions showed double inclines from a year ago. The Northeast had the biggest gain in contract signings of 20.6% followed by the Midwest with an increase of 15.4%. The South had a gain of 14.9% followed by the West which the smallest incline of 13.2%.

Bar chart: US and Regional Pending Sales July 2020 and July 2019

From last month, all four regions showed gains in contract signings. The Northeast had the most significant increase of 25.2%. The West had an incline of 6.8% followed by the Midwest with an increase of 3.3%. The South had the smallest gain in contract signings of 0.9%.

The U.S. pending home sales index level for the month was 122.1.

July’s incline brings the pending index above the 100-level mark for the second consecutive month since February 2020.

Line graph: Pending Home Sales Index January 2019 through July 2020

The 100 level is based on a 2001 benchmark and is consistent with a healthy market and existing-home sales above the 5 million mark.

Michael Hyman is a Research Data Specialist for the National Association of REALTORS®.

Posted in Seattle Real Estate News

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Sept. 2, 2020

Seattle Real Estate Market Weekly Update - September 02, 2020

Seattle real estate market statistics update weekly Here is our quick weekly update for the Seattle real estate market. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Please contact us for a report on your local area if you're thinking of buying or selling.

Seattle Real Estate Market:

Buy Price in Seattle: $20k - $15.7m
This area has 2,589 homes for sale

Nearby neighborhoods:
Magnolia - Buy: $279k - $12.5m ; 53 homes for sale
Capitol Hill - Buy: $238k - $5.98m ; 157 homes for sale
Wallingford - Buy: $200k - $2.24m ; 50 homes for sale
Greenwood - Buy: $225k - $1.59m ; 30 homes for sale
Broadview - Buy: $50k - $2.35m ; 12 homes for sale
South Beacon Hill - Buy: $260k - $2m ; 17 homes for sale
Belltown - Buy: $325k - $8m ; 119 homes for sale
Admiral - Buy: $165k - $3.75m ; 66 homes for sale
North Beacon Hill - Buy: $140k - $1.6m ; 34 homes for sale
Fremont - Buy: $310k - $5.51m ; 49 homes for sale

Give us a call or send us an email if you'd like more detailed information on your neighborhood, what your home's value is today, or to receive automatic emails when new listings go live in your neighborhood.

The #1 Sales Team For Seattle's #1 Full Service Sale Office

Posted in Seattle Real Estate News

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GREATER SEATTLE'S #1 HOME SEARCH