The Selling Season Is Here!
Our historically low inventory has continued through the early months of 2022. It's driving a median home price increase, which, paired with rising mortgage rates, has made for a difficult market for homebuyers. The traditional spring homebuying season has arrived and it may offer some relief in the form of increased inventory for those looking to buy homes this year in our competitive market. Prospective sellers, on the other hand, can look forward to a market where multiple offers well above the asking price will continue to be the norm. With that in mind, if you are considering selling your home, sooner rather than later would be the safer bet.
If you’re curious to learn what opportunities are available in this market, I’d be happy to answer any questions you may have.
Real Insights: Q4-2021
Our Seattle real estate market is starting off hot in 2022, and it's looking like it won't be slowing down in the spring selling season. Check out the latest issue of Real Insights to learn more about our Q4 market, along with details on other real estate-related issues like supply chains and state of the market metrics.
2022 Forecast Report
It's already shaping up to be a historic year in real estate. What does this mean for buyers and sellers in the Pacific Northwest market? The 2022 Forecast report seeks to answer that question and more.
Home Prices are Hitting Record Highs. How Long Will It Last?
Median home list prices hit all-time highs in February, rising nearly 13% over the last year. Meanwhile, mortgage rates also rose to the highest rates in nearly three years. What do these trends mean for homebuyers?
King County Property Tax Bills Are Coming Soon, See How They'll Affect You
Tax hikes across the county range from 1.5% to 15% with the countywide increase averaging 3%. How will these increases affect your taxes?
SIR Property Spotlight
2 Dellwood Farm Way, Armonk, New York
5 Beds | 7.5 Baths | 7,362 Square Feet | 8.84 Acres
Pending at $3,995,000
Drenched in light, this estate offers both privacy and proximity. This spectacular young home has an abundance of space inside and out. Entering the double-height foyer with front-to-back views overlooking your almost nine acres of property, you will fall in love. This is an entertainer’s dream house featuring generously proportioned rooms including a family room with walls of windows, a chef’s kitchen and breakfast area, a wood-paneled office or library, a living room, and a formal dining room.
The home also offers five bedrooms, eight bathrooms, an enormous second-floor playroom, and three wood-burning fireplaces. Enjoy your pool, tennis court, enormous patio space, and designer garden with plenty of room for a sports field or ice rink. A short drive to downtown Armonk, 10 minutes to White Plains, and only 45 minutes from New York City. Close to everything, though you will feel as if you've escaped from it all.
*Photo courtesy of Sotheby's International Realty®
New To The Market
3301 NW 68th Street, Seattle
3 Bed | 2.5 Bath | 2,880 Square Feet
Offered at $1,499,999
Opportunity awaits with this super solid, mid-century home in the Sunset Hill neighborhood of Ballard. Big spaces, sensible layout, room to expand, and more! Gorgeous oak hardwoods throughout the main level living spaces. The living room and dining area wrap into the kitchen that overlooks the fenced yard and garden space. Two-car attached garage AND a two-car detached garage with access off of 33rd Ave NW. Room for 4 cars? Potential DADU expansion? The possibilities are endless. The large basement with good ceiling height has room for a fourth bedroom or an epic rec room. Pride of ownership is evident in this very clean home. Inspection and sewer scope are available.
1620 N 200th Street, Shoreline
Sold for $656,300
1736 10th Avenue NE #C107, Issaquah
Sold for $335,354
2721 1st Avenue #304, Seattle
Sold for $410,000