Selling

Buying The Gap Between Supply and Demand Just Cut in Half. Here’s What That Means. For the past several weeks, we’ve been watching the gap between new listings and pending sales widen. It went from 40 homes back in mid-June all the way out to 167 homes last week. This week, that gap dropped to 85. That’s not a small move. It’s worth understanding what drove it and whether it […]
Buying Price Reductions Hit a New High This Week. Here’s What That Tells Us Last week the market was quiet. New listings had dropped in half because of the July 4th holiday. Pending sales actually outpaced new listings for the first time in weeks. It looked like things might be shifting. This week answered that question pretty clearly. The holiday effect is gone, and the underlying market dynamics are […]
Buying New Listings Dropped in Half This Week. Buyers Didn’t Get the Memo New listings fell 52% this week in Snohomish and North King County. That sounds alarming. But before you read too much into it, here’s the important context: July 4th fell on a Saturday this year, and this report covers that full holiday weekend. New listings almost always drop sharply during holiday weeks. Sellers take a […]
Buying Why the Gap Between New Listings and Pending Sales Widened This Week Last week, 394 new listings came on the market in Snohomish and North King County, and 310 of them went pending. That’s a gap of 84 homes. This week, 441 new listings hit the market while pending sales only dipped slightly to 298. The gap is now 143 homes.   That’s a meaningful jump. But […]
Buying After a Buyer Surge, the Snohomish & North King County Market Takes a Breath After a Buyer Surge, the Snohomish & North King County Market Takes a Breath Last week’s report had a good story to tell. Pending sales jumped almost 30% in a single week. The gap between new listings and pending sales dropped from 141 homes down to just 40. It looked like buyers were finally stepping […]
Buying Snohomish & North King County Market Update (Week Ending June 16) Snohomish & North King County Market Update (Week Ending June 16) Buyers Are Back: What This Week’s Market Data Means for Snohomish & North King County The most important number in this week’s Snohomish and North King County housing market report isn’t the number of homes sold, or even the number of new listings. It’s […]
Buying Snohomish & North King County Market Update (Last 7 Days) Snohomish & North King County Market Update (Last 7 Days) Over the past week, more inventory continued to come to market while pending activity slowed. Key numbers: 448 New Listings (up from 436) 307 Homes Pending (down from 359) 321 Price Reductions 11 Price Increases 44 Expired Listings 125 Canceled Listings Over the past month, […]
Buying Snohomish & North King County Market Update (Last 7 Days) Snohomish & North King County Market Update (Last 7 Days) Over the past week, the market saw a surge in activity, with more listings, more sales, and more buyers getting homes under contract. At the same time, we’re seeing a significant increase in price reductions, showing that buyers are still very sensitive to pricing. Key […]
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Buying Snohomish and North King County: Real Estate Weekly Market Watch Snohomish & North King County Market Update (Last 7 Days) Over the past week, the market has been more balanced than most people think. Key numbers: 390 New Listings 398 Homes Pending 242 Price Reductions 5 Price Increases 31 Back on Market 20 Expired Listings What this shows is pretty straightforward—homes are still selling at […]
Selling What September’s Numbers Reveal About the Silver Lake & Everett Market You’ve likely noticed what I have — in September, things feel a bit different in Silver Lake and Everett. Homes are staying listed longer, buyers have more room to negotiate, and sellers are making more concessions than they have in years. But before anyone calls it a ‘crash,’ let’s look at what the data actually […]
Buying What’s Really Happening in the Silver Lake & Everett Real Estate Market This Fall What’s Really Happening in the Silver Lake & Everett Real Estate Market This Fall Fall always brings a shift in the Silver Lake and Everett real estate markets — leaves change, and so do buyer and seller behaviors. As a local Real Estate Professional and Managing Broker with Century 21 Real Estate Center, I’ve been […]
Selling The #1 Thing Sellers Need To Know About Their Asking Price The #1 Thing Sellers Need To Know About Their Asking Price When you decide to sell your home, your goal is simple: get it sold quickly and for the best price possible. Totally fair, right? But here’s the thing—too many sellers today are aiming way too high, without realizing the market has shifted. Inventory has […]
Buying How Interest Rates Shape the Real Estate Market How Interest Rates Shape the Real Estate Market By Charles Dizon, Century 21 Real Estate Center – October 24, 2024 Let’s dive into something that impacts everyone in real estate: interest rates. They’re a big deal, affecting everything from loan affordability to housing demand to the overall economy. For anyone buying, selling, or investing, a […]
Selling Planning To Sell Your House in 2025? Start Prepping Now If you’re thinking about selling your home in 2025, there’s no time like the present to start preparing. I know, it feels like you’ve got plenty of time, but getting a jump on those updates and repairs will save you from scrambling later. Danielle Hale, Chief Economist at Realtor.com, put it best when she said: […]
Buying Don’t Wait Until Spring To Sell Your House Don’t Wait Until Spring To Sell Your House As you contemplate the upcoming year, the prospect of moving might be a significant goal on your horizon. However, the question remains: when is the ideal time to make your move? While spring traditionally signals the peak of the homebuying season, waiting until then is not a […]
Buying Unlocking Your Homeownership Potential with Lower Mortgage Rates What Lower Mortgage Rates Mean for Your Purchasing Power Understanding the pivotal role mortgage rates play in determining affordability and monthly payments is crucial for prospective homebuyers. Fortunately, 30-year fixed mortgage rates have significantly decreased since the end of October, currently standing at less than 7%, as reported by Freddie Mac (refer to the graph […]
Buying The Unexpected Shift in the Quantity of Homes Entering the Market The Surprising Trend in the Number of Homes Coming onto the Market If you’re thinking about moving, it’s important to know what’s happening in the housing market. Here’s an update on the supply of homes currently for sale. Whether you’re buying or selling, the number of homes in your area is something you should pay attention to. In the housing […]
Buying Don’t Fall for the Next Shocking Headlines About Home Prices Don’t Fall for the Next Shocking Headlines About Home Prices If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re […]
Buying Your Needs Matter More Than Today’s Mortgage Rates Your Needs Matter More Than Today’s Mortgage Rates If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you […]
Buying Why Aren’t Home Prices Crashing? Why Aren’t Home Prices Crashing? There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices […]