Two New Surveys Indicate Urban to Suburban Lean
There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide.
The Top Reasons People Are Moving This Year
Like many Americans, Seattleites are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow…
Buyer & Seller Perks in Seattle’s COVID-19 Housing Market
Whether you're thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two.
Unemployment Report: No Need to Be Terrified
Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%.
New Issue of RESIDE: Spring 2020
On April 24th, over 15,000 regional subscribers will receive a complimentary copy of RESIDE Magazine in the print edition of The Wall Street Journal. The Digital Edition is also available for all to experience in the comfort of their homes.
Covid-19 // What the top Realtors in Seattle are doing
Here's how Danny Varona is helping buyers and sellers in Seattle stay safe without completely putting off their home buying/selling journey.
Opportunity in the Luxury Market This Year
At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment.
The Top US States Americans Moved to in 2019 (INFOGRAPHIC)
Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state. Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State.
The #1 Reason to List Your Seattle House Right Now
The success of the Seattle real estate market, like the overall US housing market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market
Homeownership Rate on the Rise to a 6-Year High
Regardless of the lack of inventory on the in the US and local Seattle market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years.
Where Have All the Houses Disappeared To?
If you’re following what’s happening in the current housing market in Seattle, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers.