See the Craftsman that went 29% over

The big news last week was that the Fed left its rate unchanged, and it had nearly no impact on mortgage rates. Surprisingly, trade wars and tariffs haven’t impacted mortgage rates much, either.
We love highlighting bidding wars in this newsletter, but they’re the exception! For instance, we just helped buyers close on a fantastic Queen Anne home for $280K off its last list price and negotiated a $25K credit after the inspection. We also helped buyers close on a condo at Spire for $1.2M, well below the $1.545M the sellers paid for it. Deals are out there.
Are you looking for a home in Wallingford where you could rent the downstairs? Check out our new listing on Woodland, which is great for house hacking.
Noteworthy sales last week
- Highest % over asking: Crown Hill craftsman for 29% over
- Most expensive: Issaquah NW modern for $7M
- Least expensive: Northlake houseboat for $220K
Links
- Luxury townhomes coming to former Bellevue office site (PSBJ)
- Morgan Stanley SVP puts Burien waterfront home on the market (PSBJ)
- That giant sucking sound? It’s climate change Devouring your home’s value (NYT Opinion)
Buyers see more new listings than last year

Seattle: 255 new listings last week, down 7.9% w-o-w
Eastside: 151 new listings last week, up 9.2% w-o-w
This year looks a lot like last year!

Seattle: 201 pending last week, up 9.8% w-o-w
Eastside: 114 pending last week, up 1.8% w-o-w
Eye candy

$3.5M Mercer Island midcentury modern

$2.8M Friday Harbor waterfront cottage

$2.8M North Capitol Hill modern

$2.5M Bainbridge Island NW contemporary

$2.5M Mercer Island midcentury modern
Check out last week’s market update, See the Kirkland home with 11 offers
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