News

Summer doldrums for home sales “not happening” around Western Washington

August 12, 2017

KIRKLAND, Washington (Aug. 7, 2017) – New figures from Northwest Multiple Listing Service indicate home sales and prices, like July’s temperatures, sizzled. Prices area-wide rose slightly more than 9 percent from a year ago, but several counties near job centers saw larger price increases, including King County where the median price jumped 18.6 percent. The…

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Rebound in housing prices hits important milestone in 2016

July 10, 2017

Strong demand and extremely tight supplies of both for-sale and for-rent homes are pushing up housing costs. Consequently, affordability pressures are at near record levels, according to findings in the latest State of the Nation’s Housing report. “Addressing the scale and complexity of need requires a renewed national commitment to expand the range of housing…

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“Typical summer slowdown” may mean opportunities for frustrated house hunters (NWMLS)

July 7, 2017

KIRKLAND, Washington (July 6, 2017) – For frustrated house hunters, there’s hope: the volume of new listings added to inventory during June (13,658) was the highest total for any single month since May 2008 (14,176 new listings), according to the latest statistics from Northwest Multiple Listing Service. “This time of year we see more new…

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NWMLS: Brokers suggest improving inventory may mean “season of opportunity” for weary house hunters

June 13, 2017

KIRKLAND, Washington (June 6, 2017) – Would-be buyers who have been shut out of the real estate market should test the “real estate waters” during the summer months suggests one industry leader. “Summer might provide some competitive relief for weary buyers,” said Gary O’Leyar, owner of Berkshire Hathaway HomeServices Signature Properties, pointing to some of…

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Seattle Home Prices Double in Five Years

April 9, 2017

The Seattle Times reports that the median sales price of homes hit $700,000, up $60,000 over the past year. Demand — propelled by rising employment numbers, growing salaries and tenants desperate to escape soaring rents — has far outstripped a supply of homes for sale that reached an all-time low in February, creating intense competition…

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Seattle-area home prices hit record highs in May, 2016

October 12, 2016

Seattle-area home prices hit record highs, according to the S&P CoreLogic Case-Shiller Seattle Home Price NSA Index released today. The headline to the press release read, HOME PRICE INCREASES EASE IN MAY ACCORDING TO THE S&P CORELOGIC CASESHILLER INDICES, but the index, at 199.86, is 3.9% higher than the peak of July 2007, and is…

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Must-read article on friends buying property together — from the New York Times

July 30, 2016

This is a must read. Buying real estate with other people can be great – Cynthia Creasey has often thought about buying a small apartment building with friends to retire in! When Friends Buy Homes Together “We realized we can get a better space if we buy together,” she said. “The apartments priced at what…

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Global View Blogs on Washington State’s booming foreign investment secret

July 2, 2016

What’s the secret behind foreign investors interest in property in Washington state? “Washington is home to America’s most iconic coffee company, champion sports teams, beautiful landscape, and such legendary landmarks as the Space Needle and Pike Place Market. Did you know it’s also home to one of the most popular cities in the U.S. for…

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Absentee-owned vacant homes are a problem in housing-starved Vancouver

June 28, 2016

Our neighbors in Vancouver are struggling with a housing shortage made worse by buy-and-hold investors who leave their properties empty. Vancouver prepared to go it alone on vacant home tax, mayor says About 12.5 per cent of Vancouver’s condos and one per cent of single-detached homes and townhomes – some 10,800 in all – sit…

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Go Pride!

June 26, 2016
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From Jessica S

May 12, 2016

I have the utmost confidence in your knowledge and expertise in the business of real estate brokerage.  Indeed, you have facilitated the sale and the acquisition of properties for me.  Consider me a loyal client who will sing your praises whenever the opportunity arises. Sincerely, Jessie S

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Norris and Linda W

May 12, 2016

Mack did a wonderful job of guiding us through a difficult sale.  I moved from Seattle and needed an agent with exceptional skills to drive the sale — a short sale — from 3,000 miles away.  Mack referred me to the right legal representative, and they worked together to make the transaction happen as smoothly…

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