This meme pretty much sums it up. Call me for the best pricing strategy so you are not shut out of the market!
December is known for being on the cold side and a sign of a slowing Real Estate market as everyone starts to enjoy the holidays. Not this year however! December was smoking hot. A new record of 16 days inventory pushed buyers to snatch up everything they could and quickly.
-2% December 2017 vs. December 2016
781 available homes currently on market -347 vs. last month.
-4% December 2017 vs. December 2016
1255 units -336 vs. last month
+12%!!! December 2017 vs. 2016
1516 units +101 than last month
Days on Market
Snohomish County Active to pending 34 days vs. 39 a year ago. Up 4 days from last month (normal with the holidays).
Median home price in Snohomish County 448,000 +12% last year. Up $4,000 from last month.
Area price % based on last Quarter
All percentages are up and also include new construction
Bothell + 20%, Edmonds/Lynnwood +15%. Everett/Mukilteo +10%
Snohomish/Monroe+ 17%. Lake Stevens/Granite Falls + 15%. Marysville +13%
King County Median home prices are $611,000 + 15% over last year and up $27k from last month.
Woodinville area Median price is $678!!
Of the more than 3,100 counties across the U.S., none saw a bigger net increase than Pierce and Snohomish in movers from other counties. Is this a reflection of people being priced out of King County?
Latest report from the NWMLS
Why it’s now an empty nesters housing market
When buyers cannot afford Seattle most head north into Snohomish County therefore we keep a close eye on the housing market all over and these stories paint a clear picture of why so many are moving this way.
Seattle’s scorching housing market positions it as a city on the rise.
What’s it like to buy and sell in Seattle’s crazy market
Prices soar leading some to give up
Boarded up house in Ballard lists for $595K!!
Crowdfunding your down payment: a new way to buy a home?
3 steps to figure out how much mortgage you can afford
Modern backyard cabin is an urban oasis
5 most popular landscape design trends for fall 2017
City of Seattle begins work on a proposal to encourage development of backyard cottages
Jen Murrweiss- www.snohomishcountyhomesinc.com
If you are refinancing, purchasing or selling this is a must read. I tell all my clients to call me first and double check if they get any suspicious email or phone call. Do not let this happen to you!
Have a wonderful start to summer!
New home sales hit highest level in 9 years!
Millennials still believe in the homeownership dream even if they can’t afford to buy
Housing market across the U.S. finally starting to look healthy
Salary needed to buy a home in 19 major U.S. cities
Tips for staying out of debt
Calculate how much house you can afford
King County’s eco-remodeling tool provide tips for going green for your next home renovation
Four colors that may hurt a home’s sales price
7 percent of Puget Sound homes are underwater, compared with 12 percent nationally
A teardown a day: Bulldozing the way for bigger homes in Seattle, suburbs
BLS stats show Seattle-Tacoma-Bellevue is #7 Metro area for fastest job growth
What does Vancouver’s housing market implosion mean for Seattle?
Seattle home-sale market provides small hint of slowdown
You need an annual salary of $83K to afford a home in Seattle
Everett welcomes the film industry, an important economic driver for local businesses
I hope your week is a great one!
Jen Murrweiss | Remax Elite | 425-422-7243
Happy Friday! I hope you enjoy this Real Estate round up of our area and other interesting articles plus some fun stuff too.
REAL ESTATE news
Real estate getting bubbly but unlikely to pop, Seattle “is on fire across every sector”
Number of million-dollar homes in Seattle area has tripled since 2012
U.S. existing home sales rise for a second straight month
MORTGAGE & FINANCE news
3 financial apps that will transform how you manage money
Will Millennials ever be able to retire?
The 7 biggest investment mistakes celebrities make
10 tips for budget-friendly lawn care
7 weird ways to stay cool this summer
Massive frozen food recall in Washington State
Seattle No. 3 on top 25 best cities to find great jobs
Seattle to host 2018 Special Olympics
Is Seattle a better bicycle city than Portland?
Seattle homes selling faster than anywhere else in the U.S.
Seattle growth was 11th fastest according to just released Census data, now 18th on list of biggest U.S. cities
Facebook unveils Frank Gehry design for its new South Lake Union offices
Snohomish County looking to increase bike tourism
Snohomish county offers top teacher salaries in the state
City of Edmonds to develop an affordable housing strategy by 2019
WEEKLY DOSE OF awesomeness
House made from cardboard for is not your kid’s refrigerator box
Have a spectacular weekend everyone!