West Seattle is my home town! I listed this SWEET little bungalow and the buyers came out of quarantine in droves to see it. It sold in 1 day.
West Seattle Bungalow
Just Listed: Normandy Park
| Pending in 4 Days! 1369 SW 174th St 5 Beds | 3.75 Baths | 3,640 Sq. Ft $997,000 This Normandy Park home has it all: Ideal location, Puget Sound views, and room for everyone! |
| Pending in 6 Days! 8132 Marine View Dr SW 3 Beds | 2.75 Baths | 2,410 Sq. Ft Listed at $750,000 Entertainment sized living room with vaulted ceilings, stunning stone fireplace, Puget Sound views from the deck and generous sized backyard. |
New Normandy Park Listing
King County Average Days on Market
Quarantine, Schmorantine!
With new restrictions on viewing homes and even leaving home to run basic errands, you would think that homes would languish on the market for weeks.
But the numbers reveal otherwise.
The average time on the market for residential properties in King County is almost half of what it was last year! In fact, we haven’t had this low of an average in over a year! Many qualified buyers are trying to take advantage of low interest rates and making competitive offers on limited inventory.
Median Prices Up Despite Covid 19
Despite the Covid 19 pandemic, year to date median home prices in April were up in King, Pierce and Snohomish counties.
Parks…In the PARK!
Whether it’s a wooded hiking trail, a walking path, access to the beach or just a small carved out green space with a picnic table or bench – Normandy Park residents love their parks!
Covid 19 and Real Estate
We all find ourselves in an extraordinary time with the COVID-19 virus. During the past few weeks things have moved so quickly that it is hard to keep up with the daily reports about the virus and its effect on our way of life. Many are wondering how this pandemic will affect the real estate market.
These are difficult times right now for so many and there will be substantial economic fall out for a lot of people during this health crisis. But we must keep in mind, this is a health crisis – not a housing crisis like we saw back in 2008. Immediately prior to the virus outbreak, the spring housing market was heating up quickly. Housing inventory was limited and buyers found themselves already having to compete when making offers to buy. The pandemic has definitely slowed our market down but it is still moving forward. The Governor has deemed real estate an essential business as many people are still in need of housing. Our industry has implemented new business practices and strict guidelines in order to keep everyone safe.
I believe that real estate is a strong long term investment and I’m confident we will recover from this and our economy and our communities will thrive again.
If you are in need of real estate services right now, please reach out. I can help you.
If you can, I hope you’ll stay home and stay safe.
Beach Bungalows
I saw these on my morning beach walk. They bring a whole new meaning to the “beach bungalow” style home.
Historic Interest Rates
It’s About Your Bottom Line
Interest rates hit an all-time 50 year low this month! These historic low mortgage interest rates represent a unique moment in the market. Buyers benefit from increased buying power and sellers can take advantage of a larger buyer pool for their property. Take a look at the graph showing annual interest rates over the last 47 years!
How do interest rates affect your real estate strategy?
