Seattle’s intensely competitive housing market continued to see record-breaking growth in May, and the summer season is looking to be just as hot as low inventory in the region persists. A new report from the Northwest Multiple Listing Service found median sale prices for homes in the region soared 30% compared to a year ago, […]

This has been such a remarkable year so far and the June market report shows more of the same astonishing results. For the Eastside: • Median closed sales price $1,298,475 (up 37% over 2020) • 78% of homes sold for over the list price with an average of 4 days on the market • The […]

If you’re involved in the housing market, and I assume that most of you are, you know very well that this is a numbers business. All of us are surrounded by housing-related data day in and day out, and it can become a little overwhelming at times — even for an economist like myself. Well, today I’d […]

Of all the components involved in a successful home sale, there is perhaps no greater contributing factor than timing. Knowing when to sell your house gives you the best chance to make an impact when you hit the market. Every seller’s situation is unique but choosing when to sell comes down to how prepared you […]