Weekly Real Estate Awesomeness

seattle

REAL ESTATE news

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!!

MORTGAGE & FINANCE news

Crowdfunding your down payment: a new way to buy a home? 

3 steps to figure out how much mortgage you can afford 

HOME trends

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

Make it a great week.

Jen Murrweiss- www.snohomishcountyhomesinc.com

 

 

 

 

 

 

November Real Estate Market.. HOT, HOT!

 

Snohomish County Statistics as of November 2016

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November is known for being on the cold side and normally signs of a slowing Real Estate market as everyone starts to buckle in for the winter and holidays. Not this year however! November was smoking hot with only 1.4 month of inventory and buyers were snatching up everything they could. I saw multiple offers skyrocketing and bidding wars with some homes being bid up 100K. The picture to the left is a Bothell home that had 32 offers and was bid up 95k! Crazy!!

Here are your local inventory stats.

 

Active Inventory

 +17% November 2016 vs. November 2015

1111 available homes currently on market -800 vs. last month.

Pending Transactions

Up 1% November 2016 vs. November 2015

1528 units -88 vs. last month

Sold Transactions

+27%!!! November 2016 vs. 2015

1452 units -182 than last month

Days on Market

Snohomish County Active to pending 33 days vs. 47 a year ago up 7 days from last month.

Median home price in Snohomish County 399,000 +14% last year.  Up $7,000 from last month.

Area price % based on last Quarter

All percentages are up and also include new construction

Bothell + 16%, Edmonds/Lynnwood +17%. Everett/Mukilteo +12%

Snohomish/Monroe+ 11%. Lake Stevens/Granite Falls + 17%.

Marysville +14%

King County Median home prices are $523,000 + 16% over last year and up $6k from last month.

Woodinville area Median price is $550!!

Trends, local news & Real Estate dose of Awesomeness!

Check out these articles for great information about our community and the real estate industry.

REAL ESTATE news

What to expect for the 2017 housing market

Optimism and caution set to greet real estate in 2017

MORTGAGE & FINANCE news

How to save money as a last minute holiday shopper

How important is your credit score?

6 steps to take to ensure you don’t outlive your money

HOME trends 

Some “green” features can increase your home’s value more than others

Pinterest 100 pins for 2017

Design recipes to make your space bright

LOCAL news

Washington considers road use tax based on how many miles you drive

The new SR 99 Tunnel is 70 percent complete

Seattle must halt plan for more backyard cottages

Boeing cutting production of 777 beginning next year

WEEKLY DOSE OF awesomeness

Tricked-out tiny house has motorized furniture

 

 

 

 

 

 

 

 

 

Real Estate news you can use!

Check out these articles for great information about our community and the real estate industry.

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

MORTGAGE & FINANCE news

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

HOME trends

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

LOCAL news

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

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

WEEKLY DOSE OF awesomeness

Happy 100th Birthday U.S. National Parks

 

 I hope your week is a great one! 

Jen Murrweiss | Remax Elite | 425-422-7243

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