In January 2024, Seattle’s real estate market saw stability with a slight decrease in interest rates and a 3% surge in closed sales. Median residential prices rose to $593,500, showing promise for both buyers and sellers. Home inventory fluctuated, with 15 counties experiencing a decrease. Condominium sales soared by 21%, with a median price of $453,750.
Author Archives: Debra Teal Realtor REMAX EXCLUSIVE
How You Can Buy a House with Zero Down
You can achieve the American Dream of homeownership with little to no money down. Start by consulting a mortgage lender to improve your credit score and explore down payment assistance programs. Consider FHA, VA, or USDA loans, and be aware of additional costs. Working with a real estate professional can help you navigate the process wisely.
The Great Resignation Gen Z Regrets
The Great Resignation are now experiencing a number of regrets. According to the survey conducted by Paychex, 8 out of 10 employees who resigned from their jobs reported experiencing some level of regret. Most of the regrets are Gen Z job-hoppers who left their positions. The reasons for regret varied, with some employees citing lowerContinue reading “The Great Resignation Gen Z Regrets”
Why You Should Stage Your Home
How much more will your home sell for when you stage it? Let’s look at the benefits of home staging when selling a home.
US Economy Prediction for 2023
Check out our economic prediction for 2023. Can the United States pick up the pace and fight inflation by the end of the year?
How to Find a Realtor in 2023
Finding the right home can be a challenging and overwhelming task, especially for first-time buyers. However, with careful planning and consideration, you can find the home that best fits your needs and allows you to live comfortably and happily. The first step in finding the right home is to determine your needs and preferences. MakeContinue reading “How to Find a Realtor in 2023”
Powerball Winner From WA State
The 5th Largest Powerball in History A Powerball ticket sold in Washington state that won the $754.6 million jackpot on Monday night, marked the 34th drawing for the current jackpot. The winner can either choose the annuity option of $747 million paid out over 29 years, or the cash option of $407.2 million before taxes.Continue reading “Powerball Winner From WA State”
Real Estate Market 2023
Seattle, WA – February 7, 2023 Urban Areas and Real Estate Demand Mortgage Rates in 2023 Urban Areas and Real Estate Demand: The Truth About Affordability In recent years, the demand for Real Estate in walkable urban areas has continued to grow. As a result, cities and policymakers are looking for ways to develop moreContinue reading “Real Estate Market 2023”
Mortgage Rates Today
Mortgage Rates as of Feb 20th, 2022. Seattle, WA For a 30 year fixed mortgage, the average rate increased 20 basis points to 4.19%, compared to just a week ago. To refinance your current loan, the average rate for a 30-year fixed refi rose to 4.20%, which was an increase of 18 basis points for the lastContinue reading “Mortgage Rates Today”
2022 Seattle Real Estate Forecast
Our prediction for the 2022 Real Estate Market in Seattle Here’s our Prediction: Not only will the inventory remain low, we should continue to see historically low rates, give or take a point or less. Homes have been quickly snatched in less than a day for years now, and that trend will not change. TheContinue reading “2022 Seattle Real Estate Forecast”