May 15, 2012
By Jim & Judy Hopper
As this is being
posted the inventory continues to drop and it is more common to have multiple
offers on a new listing than not. The market is heating up to the point that if
you are relying on the standard or default criteria (180 days) for list
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April 10, 2012
By Jim & Judy Hopper
I have been warning my clients for a number of months now that they should be expecting to see the market change from a buyers’ market to a sellers’ market. In addition that they could anticipate some appreciation will start to be seen in the next few mon
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Inventory in Edmond continues to drop and price per SQ FT is holding. During the last month the inventory has continued to drop and being in a multiple offer situation is not a surprise anymore. The slight increase in interest rates seems to have motivate
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The next few months are generally considered the best months to buyers sell in the Puget Sound region. You’ll see a number of new listings coming on the market and activity for buyers is also higher. Currently in Edmonds within the price range
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Market in Edmonds is in the transaction phase. Here is the supporting information and explanations. Consider that the price range of $300,000 thru $550,000 leads the market as an overall advance indicator. Here is what that is telling us now:
· &nb
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One of the more interesting things that happen when the market starts to change is that there is some disbelief or uncertainty by the parties that are coming into control. It is like they are just testing the water. Below is a chart that provides so
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Inventory at its lowest level since May, and we are seeing “stiff competition for move-in ready homes” in some neighborhoods. Other key indicators in the latest statistical report from Northwest Multiple Listing Service show upticks in sa
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What we are seeing in the entire Seattle region is that inventory is dropping and prices are starting to level out. With the numbers of pending sale increasing and the number of property being taken off the market we now have less than a 3 month supply. I
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Our local market continuse to remain strong and we are not have the normal summer slow down that normally occurs in this area. There are also some properties that are receiving multiple offers. While there are still short sales in the market only
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The housing conditions in Edmonds for homes between $300,000 and $500,000 show a strong Real Estate market other price ranges vary only slightly. We have currently 2.3 month of inventory at this absorption rate.
If your
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