The Market

Know The Secrets to a Real Estate Transaction

Know The Secrets to a Real Estate Transaction

Navigating a real estate transaction can be a complex and potentially stressful process. Here are some tips to help make the experience as stress-free as possible: Choose the Right Real Estate Agent:Select an experienced and reputable real estate ...

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This Week's Market Update

This Week's Market Update

NATIONAL MARKET UPDATE Sales of new single-family homes rocketed ahead 12.2% in May, up for the third straight month. Reasons? The supply of completed homes has more than doubled since the bottom, and the median sale price is 7.6% ...

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Home values continuing to grow

Home values continuing to grow

NATIONAL MARKET UPDATEZillow reports home values rose 1.4% from April to May, faster than the two spring markets before the pandemic. Low inventory is the reason, which can lead to “bidding wars as buyers compete for limited ...

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National Real Estate Market Update for 2023

National Real Estate Market Update for 2023

National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: ...

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Why Does it Still Feel Like a Seller's Market?

Why Does it Still Feel Like a Seller's Market?

By Kerry Smith RE usually sees cycles between buyer’s and seller’s markets, but this time it’s a bit different. Supply vs. demand hasn’t changed because both sides pulled back. SEATTLE – New listings fell 21.8% ...

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Market Review

Market Review

Market in Review for the Week of April 3, 2023 The February Pending Home Sales index of signed contracts on existing homes headed north for the third straight month. The National Association of Realtors noted, “the housing ...

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Market Week in Review

Market Week in Review

This Week in Review Black Knight reported purchase loan locks went up 64% from the first to last week of January, the largest jump in five years, as well as a growing trend of homebuyers paying points upfront to permanently reduce ...

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Market Update Week of February 6 2023

Market Update Week of February 6 2023

What's New this week:Spending on residential construction in December was a tick below November’s read. But for all of 2022, residential builders spent just under $900 billion, a 13.3% increase over 2021! Realtor.com reports ...

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Last Week Market in Review

Last Week Market in Review

BACK TO THE RALLY... After the prior week's losses, traders put their rally caps back on and sent the three major stock indexes up strongly on signs the Fed is curbing inflation without a big boost in unemployment. The PCE Price ...

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What To Expect From the Housing Market in 2023

What To Expect From the Housing Market in 2023

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to ...

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Are we going into the next Housing Bubble?

Are we going into the next Housing Bubble?

Are we going into the next housing bubble? Probably not, and here's why according to a recent article in the National Association of REALTORS® Magazine: For one, instead of a housing surplus, like there was in 2008, the nation is facing a severe ...

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