Category Archives: Seattle Real Estate Market

Brooks & Heinze Seattle Real Estate Team – August 2021 Newsletter


Seattle Market Update We are seeing a cooling in the urban housing market but that doesn’t mean homes are now affordable or easily attainable. This statement can also not ring true for suburban homebuyers as the majority of those homes are still selling quickly and above list price, particularly in markets about an hour outsideContinue reading “Brooks & Heinze Seattle Real Estate Team – August 2021 Newsletter”

Brooks & Heinze Seattle Real Estate Team – January 2020 Newsletter


Seattle Market Update 2020 is starting out as a seller’s market! In December, buyers had fewer homes to choose from in King County than any time since February 2018. To some extent, seasonal factors are at play as housing markets generally contract in December but the shortage in inventory was more than just a seasonalContinue reading “Brooks & Heinze Seattle Real Estate Team – January 2020 Newsletter”

Brooks & Heinze Seattle Real Estate Team – February 2019 Newsletter


  Seattle Market Update There is a clear lack of consumer confidence evident in the real estate market. January is always a little slow but we saw slower activity in the market than usual last month. Seattle Area home prices are still dropping but for most Seattleites that still means homes are out of reach.Continue reading “Brooks & Heinze Seattle Real Estate Team – February 2019 Newsletter”

Has the Seattle Housing Market Gone Nuts? Yes! But why?


The market sure has heated up. Prices are going up and multiple buyers are competing for the few houses available.
So what’s going on?
– Seattle Unemployment is Low:
In February the Seattle area’s unemployment rate hit its lowest level since September 2008 at 5.1%.
– Consumer Confidence is High:
Confidence is now at a new post-Financial Crisis high.
– Mortgage Rates are Still Attractive:
Current interest rates are roughly on par with where they were in August 2011 and still two points below the 6.41% average rate during the height of the housing bubble through 2006
– Limited Supply of Homes Available for Sale:
There is about a 1.8 month supply of homes for sale in King County. A 4-6 month supply is needed for a balanced market between home buyers and sellers. We are NOT in a balanced market – we have a strong seller’s market.

Brooks & Heinze Real Estate Team – Fall Newsletter 2013 (mailed 10/18/13) – State of the Market, Winterizing your Home, When to Short Sell, and more


Dear Clients and Friends,  What an exciting year 2013 has been for real estate so far.  I am sure you have heard the buzz of multiple offers returning to the market place.  Homes selling in a few days.  Home prices soaring.  But is that the whole story?  What does it all mean? Please read our newsletterContinue reading “Brooks & Heinze Real Estate Team – Fall Newsletter 2013 (mailed 10/18/13) – State of the Market, Winterizing your Home, When to Short Sell, and more”

Competition is Fierce – Hot Seattle Housing Market


Multiple offers – Rising Property Prices – Rising Interest Rates – Low Inventory – Preinspections – Cash Offers, …. this is what my clients are dealing with everyday now. Yes the market is hot. It’s exciting and exhausting. The video below, recently aired on King 5, describes what buyers are going through well. CLICK HERE FOR VIDEO WorkingContinue reading “Competition is Fierce – Hot Seattle Housing Market”

Brooks & Heinze Real Estate Team – First Quarter Newsletter 2013


As we are well into 2013, we are thankful for all of our past clients, current clients and the opportunities we have living in this wonderful area.  Now to the market update… State of the Market and Home Values: After years of grave losses, home values finally started to increase in the latter part ofContinue reading “Brooks & Heinze Real Estate Team – First Quarter Newsletter 2013”

Smart Homebuyers are focusing on taking advantage of favorable rates along with the Tax Credit


Smart home buyers are focusing on taking advantage of the present, very favorable rate situation along with the still available tax credit. Rates are likely to go up: Please note that the main reason interest rates are so low is because the government is buying mortgage backed securities, or you may have heard the termContinue reading “Smart Homebuyers are focusing on taking advantage of favorable rates along with the Tax Credit”