The conventional conforming loan limit is going from $484,350 to $510,400, and the conforming high balance limit is going from $726,525 to $741,750. What does…
On October 1, 2019, the NWMLS became the first MLS in the nation to allow sellers to publish what they’re willing to pay a buyer’s…
I read an article from Gene Balk of the Seattle Times this past week discussing Sammamish’s household income number of $183,000 per year per the…
Property owners in King County have until Thursday, October 31 to pay the second half of their 2019 property taxes. After that date, interest charges…
Is the Puget Sound housing market currently at its bottom? Or do people think prices will fall further? Some things to consider for purposes of…
Empirically we’ve been seeing this trend for a few years, but now the data squarely shows what many of us in the industry have been…
A really fun article came out in the Seattle Times a couple of weeks ago discussing the differences between the Puget Sound housing market Baby…
A small, but monumental change is going into effect on October 1, 2019: Real estate firms representing sellers will now be publishing the commission the…
Today by a unanimous vote the King County Council passed legislation that allows King County to directly access approximately $100 million in funding for affordable…
The big news the past couple weeks was that the yield curve inverted. First of all, a normal yield curve looks like this: As you…
It’s been a long time coming, but mortgage interest rates have finally returned to their 2016 Election Day LOWS. Here’s the quick and dirty on…
As recently as 2018, just over 70% of listings in Seattle were experiencing multiple offers and bidding wars. This helped lead Seattle to the second-longest…
The general rule of thumb is that a balanced market is somewhere between 4 and 6 months of inventory. However, we all know every city…
Have you ever wondered about the difference between an FHA appraisal and a conventional appraisal? Here’s a case study for ya: We recently had a…
A few months ago it was reported that King County actually lost a net of 4,868 residents to other US Counties. To be clear, after…
Just as quickly as the data can show that the Puget Sound housing market is showing some signs of resiliency with median house price rising…
Mortgage interest rates just hit below 4% for the first time in 22 months. Just eight months ago they were above 5%. What does this…