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Weekly Wrap-up – Offer War Stories and More

By May 5, 2017

Et cetera

We had a surprising number of you reach out after reading our week in review last week so here we go again.

Welcome to May! The start of a new month means a look back at what happened with the market in April (prices up, new listings down) and a look forward to the new construction coming in Seattle and Bellevue.

On the buyer side, we continued to see a good number of new listings hit the market though many of our clients continue to be disappointed by the selection. However, if you’re shopping in the $1.5m and above price range, especially on the Eastside, the market exploded with a ton of new listings.

On the seller side, move-in-ready, beautiful homes, continue to sell fast garnering multiple offers. But like last week, we saw that sellers who priced on the high end of the range have had their offer deadlines come and go with no offers. We’d also advise any sellers thinking to seller, to do it sooner rather than later as ideally you want to list your home and get it pending before July 4th, after which buyers take two months off for summer.

Here are the stories I share with fellow agents over beers:

And if you have a few more minutes to read, check out this Seattle Times article on increasing tax bills, Property-tax bills in King County are among the nation’s highest — and growing fast.

Have a good weekend!

I’m a real estate broker and the publisher of Urbnlivn. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.

Get in touch to:

  • Understand the market
  • See homes for sale
  • Sell your home

Contact:

206-618-1600