Author Archives: Kerstin

Seattle Market Update The Seattle Real Estate Market is heating up! We had very cool temperatures this last month but the housing market is heating up again. Buyers and sellers are no longer sitting on the sidelines waiting to see what will happen – they are taking action. What a difference a month can make!Continue reading “Brooks & Heinze Seattle Real Estate Team – March 2019 Newsletter”

Seattle Market Update 2018 in review – The year started strong for real estate. High demand from well-qualified buyers, low interest rates, a strong economy and low inventory kept driving prices up the first half of the year. The second half of the year, sales slowed as higher mortgage rates and unsustainable price increases squeezedContinue reading “Brooks & Heinze Seattle Real Estate Team – January 2019”

Seattle Market Update The inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this point, the exact opposite was true; Inventory dropped as sales soared. RisingContinue reading “Brooks & Heinze Seattle Real Estate Team – November 2018 Newsletter”

Seattle Market Update There has been a small uptick in homes hitting the market but there are more homes available for purchase mostly because homes take longer to sell than earlier this year. So, if you are seeing more for sale signs in your neighborhood it is mostly because those signs are staying up longer.Continue reading “Brooks & Heinze Seattle Real Estate Team – October 2018 Newsletter”

Seattle Market Update The current market condition can best be described as a major slowdown. Our roaring real estate market, fueled for years by the city’s historic population growth and, at least to some degree, foreign investment, has slowed dramatically in July and August. It looks like there is more inventory on the market whichContinue reading “Brooks & Heinze Seattle Real Estate Team – September 2018 Newsletter”

Seattle Market Update Here is what we are seeing in the real estate market: increased inventory, increased market time and price reductions. Multiple offers and offers over list price are rare now. What does this mean for buyers and sellers? Sellers need to price their property to match the new market conditions. If the propertyContinue reading “Brooks & Heinze Seattle Real Estate Team – August 2018 Newsletter”

Seattle Market Update Last month we told you there might be a shift in the air? We reported on an increase in inventory for the first time in years. Well, we can now confirm that the market has changed. It is still a seller’s market but we are seeing signs of a more balanced market.Continue reading “Brooks & Heinze Seattle Real Estate Team – July 2018 Newsletter”

Seattle Market Update Is there a shift in the air? We are seeing some changes BUT it is too early to say there is a real change. For the last few years we have been telling you about how record low inventory mixed with high demand have fueled steady property value increases. Last month, weContinue reading “Brooks & Heinze Real Estate Team – June 2018 Newsletter”

Seattle Market Update Spring Frenzy is in full swing! There has been an uptick in inventory which jumped 14% in April when compared to March. However, it is still a strong seller’s market with an area-wide 1.3 months of supply which is still well below what would be considered a balanced market of 5 monthsContinue reading “Brooks & Heinze Real Estate Team – May 2018 Newsletter”