Real Estate

The market is slowing – but here’s the home with 28 offers last week

Urban Living 6/19 7:37A Matt Goyer
We’re surprised buyer activity the last two weeks has been roughly equal to the week after the Memorial Day slowdown. Normally we see buyer interest mostly rebound, then taper off as we enter July and August. But this year, buyer interest hasn’t...

How nervous should sellers be right now?

Urban Living 6/12 11:07A Matt Goyer
Risky prediction! Relief is coming for buyers and sellers should be nervous. TL;DR our theory is that nearly all the buyers willing to pay ~7% for their mortgages have bought homes. Signs we’re seeing that should signal coming relief for buyers...

Busiest week of the year for new listings

Urban Living 5/22 6:02A Matt Goyer
Last week was the busiest week of the year for new listings! (This week will be slow for new listings because sellers will likely hold off listing ahead of the long weekend.) This is good news for buyers as the number of homes for sale has...

Rates ease, Seattle buyers were BUSY

Urban Living 5/6 7:51A Matt Goyer
The big news last week was the Fed holding their rate steady. Of course, mortgage rates do their own thing and so after seeing mortgage rates at an all-time high for the year last weekend, this weekend they’ve dropped to their lowest point in a...

Russell Wilson, Bill Gates and a custom McLaren

Urban Living 5/1 8:52A Matt Goyer
Rates in the mid-7s don’t seem to be slowing buyers down we helped a client offer on a $1m two-bedroom home in Bryant and it had 16 offers! And it isn’t just single-family homes that are hot; we listed a two-bedroom condo in Fremont, and it had 3...

New listings skyrocket across Seattle!

Urban Living 4/23 8:14A Matt Goyer
Wow! New listings were up 27% w-o-w in Seattle and up 50% on the Eastside (see the charts below). This is welcome news for buyers they now have many more options, so bidding wars should be less crazy. But this is bad news for many sellers who...

An Urban Living listing: like-new floating home!

Urban Living 4/10 6:26A Matt Goyer
Just in time for summer and the 4th of July! Matt and his family are selling their floating home in Eastlake s Mallard Cove at 2600 Fairview Ave E Slip 11. But we re staying on the dock, so if you buy this home, we ll be neighbors! Every day...

Victor Steinbrueck’s (old) home lists ahead of spring break

Urban Living 4/6 5:54A Matt Goyer
The spring break slowdown is here! Some kids have this week off, some next week. The result is that new listings slowed last week and will be slow this week and next. If you’re looking for a single-family home be patient, there will be a bump in...

See how many homes are selling over asking price

Urban Living 3/25 4:12A Matt Goyer
Over 40% of new listings in Seattle this past week had offer review deadlines. Meanwhile, on the Eastside more than 50% had them! (This $2m Kirkland home had 10 offers on it last week!) Are sellers being aspirational or are homes selling for more...

See the Woodinville home with 30 offers last week ?

Urban Living 3/19 7:01P Matt Goyer
It is a tale of two markets! Single-family homes can be really hot. We had clients offer on this Capitol Hill home and it had 16 offers. Meanwhile, on the Eastside, we hear this Woodinville home had 30! But, for say condos, the market isn’t as...

Urban Living on Phinney Ridge

Urban Living 3/19 8:51A Matt Goyer
Welcome to the Hendon! Located in the heart of the Phinney Ridge, it still feels brand new. You ll love #203, an oversized one-bedroom home with a great kitchen for cooking and entertaining. This home has it all AC for the summer, heated floors...

See the West Seattle home with 36 offers last week

Urban Living 3/12 7:45A Matt Goyer
Mortgage rates are back below 7% and the market is hot. Some highlights from last week: What are prices doing? The Seattle Times has the county-level view, in Seattle the median price has jumped back up to $930,000 (from $827,000 in January), this...
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