October 2015 NWMLS Market Report: With holidays approaching, real estate brokers usually expect a slowdown… “Today we have one of the best markets we’ve ever seen for sellers,” observed Ken Anderson, managing broker and owner at Coldwell Banker Evergreen in Olympia. “Buyers are still surging to the market and inventory is low. It’s a very good time to sell. Owners who are eager to make the next move don’t have to wait six months or until spring to act,” added Anderson, a former board member at Northwest Multiple Listing Service.(Click the read more button for the rest of the story)
Retirement Prompts Sale of Redmond Home Above the List Price!We highly recommend Tony Meier to fill your real estate needs. He blazed the trail for us with the prep work, created a professional promotional video of our home, hired an outstanding home inspector so that all the clients had access to the results, and followed through with an open house as well as six days of showings.(Click the read more button for the rest of the story)
Latest Real Estate News
Home Equity: You May Have More Than You Think CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties(approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported: (Click the read more button for the rest of the story)
2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). (Click the read more button for the rest of the story)
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