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Found 11 blog entries tagged as North Bend Real Estate.

Average mortgage rates are higher for all loan types today with the 30-year mortgage rate crossing above 5%.

  • The latest rate on a 30-year fixed-rate mortgage is 5.17%. ⇑
  • The latest rate on a 15-year fixed-rate mortgage is 4.197%. ⇑
  • The latest rate on a 5/1 ARM is 3.974%. ⇑
  • The latest rate on a 7/1 ARM is 4.135%. ⇑
  • The latest rate on a 10/1 ARM is 4.245%. 

Fed Chair Jerome Powell is done sitting idly on the sidelines as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back, and price growth slows.

This is already presenting a test for runaway inflation's poster child: the U.S. housing market.

CoreLogic, a

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# 1 is going to blow your mind!

THE CONTINUED UNCERTAINTY about return-to-work policies combined with historic lows in inventory has made for a sizzling Seattle housing market—especially in the suburbs.

In January, eight communities saw more than a 30 percent increase in the median sale price of homes compared to this time last year. So, uh, good luck if you’re trying to buy in Bellevue and don’t have an extra million to spare.

(Sneak Peek at #1: Bellevue passes Manhattan in housing prices!)

8. Kirkland/Bridle Trails

The suburb north of Bellevue has a lot going for it: picturesque waterfronts, a state park, the honor of being the namesake for Costco’s signature products. What it doesn’t have is a lot of homes available to

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Housing Market Update: Hottest January on Record

Pending sales posted their first annual decline since June 2020, stalled due to a lack of supply. Early spring has the potential to be even hotter and more volatile: stock-market declines, mortgage-rate increases, and mounting affordability pressures are escalating the sense of urgency for buyers and as a result the limited inventory of homes are seeing their values skyrocket at unheard of rates.

While dwindling housing inventory continues to be a source of frustration across the country, Washington has been hit harder by the housing crisis than any other state, according to a new study by the Washington State Department of Commerce.

Washington ranks last among 50 states in the ratio

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Housing Inventory Grinch Means No Seasonal Holiday Slowdown for Area Housing Market

  •          Eastside and Southeast King County map areas, prices jumped more than 26% from a year ago
  •          King County inventory down 90% from 2010
  •          Overall prices rose a little more than 15%.
  •          Area wide inventory down 29% from a year ago
  •          Homes are coming off the market faster than they are coming on.

KIRKLAND, Washington (December 6, 2021) – Historically soggy weather and the onset of holidays did not deter thousands of buyers and sellers during November, based on the latest report from Northwest Multiple Listing Service. Numbers for new listings, pending sales, and closed sales were comparable to year-ago

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The only thing more scary than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

As a member of The Cascade Team, I offer truly full service for 4% total listing fee.  The Cascade Team is a real estate company like no other, because of the tools, service and savings we provide our clients with.  We understand that in today’s fast paced environment, we must provide a high level of service, utilize technology to keep our clients up to date at all times and provide added value to both buyers and sellers in the transaction. By leveraging these technological tools, it allows me to to focus more of my time to servicing

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Would you buy a haunted house? According to a recent poll that’s been released by Real Estate Witch, 73% of Americans said that they would at least consider it. The recent poll surveyed a total of 1,000 Americans who were asked 20 questions regarding their paranormal experiences, what they prefer when buying a home, etc…

WHAT’S SCARIER THAN LIVING IN A HAUNTED HOUSE?

Among people who believe in the supernatural, 44% say paranormal activity has increased since the pandemic began — yet more than half of Americans say problems such as mold or foundation issues are still scarier than living in a haunted house.

As Americans plan their Halloween costumes and indulge in scary movie marathons this October, many sense a ghostly chill in the

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  •          Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago!
  •          Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
  •          The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
  •          Shortage of supply still remains a significant issue.

KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings, closed sales, and prices. Brokers with Northwest Multiple Listing Service also detected growing stability in the condominium

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  •       August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices.
  •          NWMLS statistics show the volume of new listings added during August declined from July (down 11.5%)
  •          “We are seeing homes stay on the market slightly longer and more instances of sellers overpricing their properties.
  •          Prices showed signs of moderating during August. The average price was down $10,000 from July.

Northwest MLS brokers say August housing activity follows patterns of seasonal slowing KIRKLAND, Washington (September 7, 2021) – August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service

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The flaming-hot housing market has seen median home prices soar an unprecedented 24% since the outbreak of the virus last year. But in recent weeks, that fire has lost some of its heat as buyers finally start to push back at sky-high prices. Simply put: The housing market is slowing a bit.

Already, a growing list of doomsayers point to the shifting market as taking us one step closer to a bursting housing bubble. In their minds, housing went up too fast and now must come back down.

But what does the data say? When you look under the hood, the run-up to 2008 housing bubble and the hot 2021 housing market are very different bull markets. While there are several reasons why our latest frenzy won’t result in a bust, there’s one reason in

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Most of the real estate marketing you see out there from other companies is all about “Them…. The Agent.”

Completely missing the most important point… It’s not about “Them”….. It’s about “The Client/Customer.”

 

Everyone loves talking about themselves. That’s a truism from Psychology 101. So seeing a mailer from an agent where people have said nice things about them or given testimonials looks amazing. They also love to show off all the homes they have sold…

And all of those homes?.... Well, it’s good to know that the agent is making a lot of money….. But there isn’t anything mentioning the value or savings to the customer.  

In a nut-shell… It’s all about “Them”

It isn’t about “Me”

As your dedicated real estate

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