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Keller Williams - The Eastside Real Estate Team Blog

Thursday, August 16, 2018   /   by Gabby Bauer

THE #1 REASON TO PUT YOUR HOUSE ON THE MARKET TODAY!

We still only have 1.63 months of inventory. Even though we have seen inventory numbers jump 40% YOY for 3 consecutive months, we still are still near record low inventory numbers. The good news for sellers is that it may me easier for you to find your future home.





The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true.
The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! In fact, the inventory of homes for sale had fallen year-over-year for 36 consecutive months before posting a modest 0.5% gain last month and has h ...

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Wednesday, August 15, 2018   /   by Gabby Bauer

KING COUNTY & EASTSIDE HOME SALES REPORT FOR JULY 2018

King County & Eastside Home Sales Report
The Story is now INVENTORY!!!  In July, the number of total active listings went up to 47.65% from July of 2017. The Eastside inventory increased of 46.98%
Inventory has started to rise



According to our King County Home Sales Report pending sales across King County also showed a decrease of  10.91% and Eastside pending sales declined to 21.36%
In July, King County Closed Sales saw a decrease of 5.81% Eastside closed sales also decreased by 6.55%. The median house sales price in King County was up 5.01% over last year to $629,000.  In July the  and the median home price grew by 7.31%. 
For additional details, see the July raw numbers from the Northwest Multiple Listing Service: NWMLS-July-2018
Market Action Index

For our King County home sales report market activity has ...

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Monday, August 13, 2018   /   by Gabby Bauer

YOU NEED AN AGENT WHO WILL ALWAYS PUT YOU FIRST

Not all real estate professionals are the same. Smart buyers understand that it’s important to interview more that one agent prior to hiring the best person for the job. Look for a professional with experience, enthusiasm and creativity.




Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.
One great example of an agent who is in your corner and is always looking out for your best interests is one of the main characters on ABC’s Modern Family, Phil Dunphy.
For those who aren’t familiar with the character, Phil is a REALTOR® with a huge heart who always strives to do his best for his family and his clients.
In one episode, he even shared an oath that he created and holds himself accountable to:


“On my honor, I pr ...

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Thursday, July 19, 2018   /   by Gabby Bauer

KING COUNTY & EASTSIDE HOME SALES REPORT FOR JUNE 2018

King County & Eastside Home Sales Report

King County Home Sales Report shows record sales. In June, King County Closed Sales saw a decrease of 4.11%. The median house sales price in King County was up 10.17% over last year to $650,000.  The Eastside saw a closed sales decrease of 3.27% and a median sale price increase of 7.23% up to $802,000

Inventory Decline takes a pause?

According to our King County Home Sales Report Pending Sales across King County also showed a decrease of 10.43%. In June, the number of total active listings went up to 47.40% from June of 2017. (THAT IS SOME GOOD NEWS) On the Eastside pending sales were down 10.17% and total active listings were up 46.26%
For additional details, see the June raw numbers from the Northwest Multiple Listing Service: NWMLS-June-2018

Market Action Index

For our King County home sale ...

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Friday, July 13, 2018   /   by Gabby Bauer

ARE YOU WONDERING IF YOU CAN BUY YOUR FIRST HOME?

Inventory on the Eastside just JUMPED in the last two months. Making more homes available is key for First time home buyers finding success in a challenging market. You may not have to hurry out to a listing or you may not find yourself in a multiple bid situation. Hurry and get pre-approved before interest rates jump again.





There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their current incomes would never enable them to qualify for a mortgage.
We want to share what the typical first-time homebuyer actually looks like based on the National Association of Realtors’ most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first-time buyer:Bottom Line
You may not b ...

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