Informative information on all the steps of buying and selling real estate, as provided by a 40 year industry leader in the real estate business, as a full time Realtor. Experience and expertise you can trust
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Appears we are in a "typical" Seattle area market where homes stay on the market longer due to less buyer activity during the summer months plus the challenges of home loan interest rates being over 6% for a 30 year fixed interest rate. Great time to be a buyer as you have more choices in finding a home.
The new Washington State law, effective June 11 2026, strictly bans the traditional use of "pocket listings" to exclusive real estate networks. (Wash State Bill 6091) A licensed real estate broker CANNOT market the sale or lease of residential real estate to a limited or exclusive group of buyers or agents unless the home or property is concurrently marketed to the general public and all other…
Not too much of a shift on months of inventory from May 2026 - homes are selling yet it is taking a much longer time on the market before they sell. Contrary to popular belief home prices are not crashing down as the year to year comparison is showing very little movement in the median home prices. Yes some home sellers are selling for less than the intial asking price but that does not mean that…
Yes, we are seeing a small increase of inventory, historically we see more inventory in the summner months so we will see if that trend continues this year. I have heard of a few multiple offer situations with homes selling for over their asking price but 98% of all homes are staying on the market over 90+ days - Great time to be a buyer!
Yes, we are seeing a little more inventory on the market (about 3 months of inventory) but still not a "balanced" market. Condominums are remaining on the market longer in all 3 counties (King, Snohomish, and Pierce). Average market times for all residential properties is close to 90 days, with several longer and a few selling in less than a week.
We have seen an uptick on homes/condos coming on the market but the sales have not followed. The inventory still remains low at about 2 months of inventory in ALL 3 counties. We are also seeing longer times on the marekt and prices holding steady
...could be a great time to be a home buyer! Keep in mind that we are seeing some homes and condos sell in less than a week so get loan apporval and be ready for competition when you make your offers
One of the latest rules is the FinCen Reporting Rule , and it goes into effect on March 1, 2026. 1) As a buyer you will be asked about the "entity" you represent - Partnership, LLC, or Trust. 2) You will need to confirm, should you be obtaining financing with a lender, if the lender has an AML program (Anti-Money Laundering) with an obligation to file a SARS 3) As a buyer you will need to confirm…
Surprise, surprise...we have seen a BIG increase of homes still on the market as we went up to 3.4 months of inventory where last month (Dec 2025) we were at only 2 months of inventory. Yes homes are staying on the market longer, we are seeing home mortage interest rates BELOW 6% 30 year fixed and we are still seeing some homes selling in less than a week.
New listings and sales dipped in December as we are again are seeing 2 months or less in inventory of homes and codominiums. With the possibilty of lower interest rates we could see a very busy and robust Spring market for both buyers and sellers