Current Real Estate Market

The recent rise in interest rates coupled with high inflation has caused the real estate market to slow and has sidelined both buyers and sellers:  Would-be buyers are waiting for rates and inflation to come back down (so they can afford more house or even get into one), and many sellers are waiting for prices […]

This past year home values across the nation rose sharply: The average equity gain in the U.S. was $64,000. In  Washington, it was much higher, a whopping $114,000. All totaled, U.S. homeowners gained $3.8 trillion in equity since the first quarter of 2021, a year-over-year gain of 32.2%. Wow! If you are interested in how […]

Pre-COVID, the ideal, “all the rage” office environment was a communal, “open concept,” shared-workspace office. When the pandemic hit in early 2020, there was a hard stop to this and and demand for shared spaces ground to a halt. Companies like WeWork who invested in shared workspaces hit hard times. For a developer who built […]

First quarter real estate numbers are in for Western Washington! Here are a few key highlights: Inventory and sales volume levels are lower in most counties compared to one year ago Pending sales outpaced listings by a factor of 6.7. This means that houses sold 6.7 times faster than they came to market Prices continued […]