News
A piece in today’s New York Times reports that a local startup has a scheme where they will advance cash-strapped homebuyers the down payment, so long as the buyer agrees to rent out a room on AirBnB for a specified period of time.
Read MoreKIRKLAND, 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…
Read MoreStrong 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…
Read MoreKIRKLAND, 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…
Read MoreKIRKLAND, 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…
Read MoreThe 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…
Read MoreSeattle-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…
Read MoreThis 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…
Read MoreWhat’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…
Read MoreOur 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…
Read MoreI 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
Read MoreContact Us
Cynthia Creasey
REALTOR®, BROKER
(206) 276-8292
cynthia@lakere.com
John "Mack" McCoy
REALTOR®, BROKER
(206) 795-9271
mack@lakere.com