Category Archives: Uncategorized

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”

Seattle Market Update There is, yet again, no sign that Seattle’s seemingly never-ending market surge is letting up … quite the contrary. The local market has been getting increasingly more expensive for six straight years now and has soared a total of 82 percent during that time. In Seattle, the number of available homes forContinue reading “Brooks & Heinze Real Estate Team – April 2018 Newsletter”

Seattle Market Update: The pool of interested buyers significantly outweighs what is available for sale. Seattle’s home values keep rising. This isn’t just true for sizzling hot Seattle and Bellevue but all of the Eastside, Everett, Tacoma and other surrounding areas which are all seeing tremendous demand and rapidly increasing home values. Since the beginningContinue reading “March 2018 Newsletter – Brooks & Heinze Seattle Real Estate Team”

Seattle Market Update – it is a seller’s market – low supply/high demand In Seattle, year-over-year prices jumped 17.6 percent, from $625,000 to $735,000. On the Eastside, the median price for a single-family home rose 10 percent from a year ago, increasing from $768,000 to $845,000. Where are prices headed or which factors will dictateContinue reading “Winter 2017/2018 Newsletter”