(Getty Royalty Free) October 01, 2018 by Gary Melvin Home Prices Are Decelerating But Not Falling - Forbes“Home prices aren't falling, they just aren't increasing as fast anymore—that is, home prices are decelerating.”Read the article here.
(KIRO7.com) September 24, 2018 by Gary Melvin Sammamish ranks among nations best places to live - KIRO News“When it comes to quality of life and affordability around Seattle, don’t look in Seattle. Try looking at Sammamish instead, which was recently ranked in the top 10 best places to live.”Read the article here.
(Pete Saloutos) July 26, 2018 by Gary Melvin More than 97% of Seattle homes are worth more now than the peak level before the housing market crashed in 2008 - KOMO News"The median home value is 29.2% above the bubble peak level, with the average home worth $492,700 – an 11.4% increase compared to a year ago."Read the article here.
(KOMO News) June 20, 2018 by Gary Melvin Report: Seattle-Tacoma-Bellevue area has nation's 4th strongest economy - KOMO News"The new report, by Business Insider, ranked the strength of the nation's 40 largest metropolitan areas based on five criteria: unemployment rate, average weekly wage, job growth rate, gross domestic product per capita, and GDP growth rate."Read the article here.
(Greg Gilbert/The Seattle Times) June 18, 2018 by Gary Melvin Seattle-area home prices reach record highs, but increasing inventory offers a ray of hope - Seattle Times"The median price of a single-family home in King County was $726,275 in May, surpassing the record high of $725,000 set in April and up 15 percent compared to the previous year. The news isn’t all bad for home buyers, however."Read the article here.
(iStock/iStock) May 09, 2018 by Gary Melvin Single women account for more real estate purchases than single men - Washington Post"It’s the gender gap you don’t hear so much about: Single women are buying homes and condos at what may be more than twice the rate of single males, and the trend appears to be accelerating."Read the article here.
Steve Ringman/The Seattle Times April 24, 2018 by Gary Melvin Seattle-area home-price growth from current boom has surpassed last decade’s bubble - Seattle Times"Single-family home prices in the Seattle metro area have grown faster than anywhere else in the country for the last year and a half, with no sign of slowing even though prices have been surging for six years."Read the article here.
Steve Ringman/The Seattle Times April 17, 2018 by Gary Melvin Why are Seattle home prices so high? - Seattle Times"A basic beginner's explanation for our soaring home prices in King County: There are a lot more people searching for homes, and far fewer homes available for them to buy."Read the article here.
Source: Northwest Multiple Listing Service Emily M. Eng / The Seattle Times March 16, 2018 by Gary Melvin New home-price highs: $777,000 in Seattle, $950,000 on the Eastside - Seattle Times"Home-sales data from February show median home prices smashed records in Seattle and the Eastside. Hopeful buyers won't have much luck elsewhere as median home prices grew at least 15 percent in every Puget Sound county."Read the article here.
Oksana Perkins/Shutterstock March 08, 2018 by Gary Melvin Condos made up 7% of downtown Seattle’s home construction - Curbed Seattle"New, luxury towers have become the norm in Seattle—but most of them are for rent."Read the article here.
GeekWire Photo / Kurt Schlosser March 07, 2018 by Gary Melvin ‘No end in sight’: Even in winter, median home price in Seattle jumps $20K in a month to $777K - GeekWire"If hope springs eternal, we’ve got some bad news for hopeful home buyers before spring even gets here: housing prices in the Seattle region are still soaring, even during typically dark and dreary February."Read the article here.
Cdrin/Shutterstock February 23, 2018 by Gary Melvin Seattle home inventory is even lower than this time last year - Curbed Seattle"Heading into typically a busier season for home-buying, inventory is dropping more dramatically than before."Read the article here.
golero/iStock; realtor.com February 22, 2018 by Gary Melvin What's Missing From the Housing Recovery? New Condos - Realtor.com"With the last financial crisis now firmly in the rearview mirror, builders are swinging their hammers again and putting up sorely needed new homes. But something’s missing amid all the scaffolding: condos."Read the article here.
Getty Images February 20, 2018 by Gary Melvin What do rising interest rates mean for homeowners? - Curbed Seattle"Mortgage payments might go up, but the market as a whole will likely shrug."Read the article here.
Flickr Photo / Harold Hollingsworth February 01, 2018 by Gary Melvin 15 months and counting: Seattle retains title as the nation’s hottest housing market - GeekWire"Home prices in Seattle continue to climb faster than any other city in the nation, giving the Emerald City the title of the hottest housing market for the 15th straight month."Read the article here.
Bloomberg/Landov January 31, 2018 by Gary Melvin Led by Seattle and Las Vegas, home prices accelerate in November, Case-Shiller shows - MarketWatch"Where are prices rising fastest? Hint: they’re going straight up, like a Space Needle."Read the article here.
Steve Ringman/The Seattle Times January 30, 2018 by Gary Melvin Seattle extends streak as nation’s hottest housing market to 15 months - Seattle Times"Although home-price growth across the Seattle metro area had cooled over the prior four months, price increases continued at a strong pace in November. Seattle's streak is the longest for any U.S. city since 2001."Read the article here.
January 23, 2018 by Gary Melvin Million-dollar home sales surge in King County, creeping into cheaper neighborhoods - Seattle Times"A year-end report recaps the toughest year in history for homebuyers in King County, with million-dollar homes soaring..."Read the article here.
Source: Northwest Multiple Listing Service Emily M. Eng / The Seattle Times January 05, 2018 by Gary Melvin Eastside home prices break record; Capitol Hill area hits $1 million median - Seattle Times"Single-family home prices on the Eastside, Seattle’s Capitol Hill area and Pierce County all broke record highs in December, as did condo costs across King County, during what is normally a slow time of year for homebuying."Read the article here.