Real Estate News

Normandy Park Seattle-area home market heats up yet again, leading the country for 17th straight month Seattle’s home prices continue to climb at a faster pace than anywhere else in the U.S. (Ellen M. Banner/The Seattle Times) Seattle kicked off 2018 the same way it spent the prior year and a half, as the hottest real-estate market in the country, with no slowing down. The cost of the typical single-family house […]
Normandy Park House hunters, be wary: 7 seemingly small flaws may point to a money pit Annemarie Kill and her husband, John Duffy, spent thousands of dollars trying to repair their Oak Park home’s wood-burning fireplace before abandoning the effort and installing a gas fireplace. In a former home, they’d been hit with thousands of dollars of unexpected repairs. (Terrence Antonio James / Chicago Tribune) When Annemarie Kill and her husband, […]
Normandy Park Home prices surge 6.3% in December amid critical housing shortage Sky-high demand and record-low supply continued to push home prices higher in December, far faster than income growth. U.S. home prices increased 6.3 percent compared with December 2016, according to the much-watched S&P CoreLogic Case-Shiller national home prices index. That is an increase from 6.1 percent annual growth in the previous month. The index measuring […]
Normandy Park Seattle rents for offices soaring much faster than elsewhere Brian Goldrick, left, and Caleb Deam at Vera Whole Health in downtown Seattle. The company outgrew its Pioneer Square space. (Erika Schultz/The Seattle Times) Despite the higher office rents, many big companies are actually seeking out Central Seattle locations as downtown proves to be a better option for attracting employees. “There’s good and bad” in […]
Normandy Park U.S. mortgage applications fall as home loan rates hit four-year high: MBA FILE PHOTO: A ‘House For Sale’ sign is seen outside a single family house in Uniondale, New York, U.S., May 23, 2016. REUTERS/Shannon Stapleton/File Photo   NEW YORK (Reuters) – U.S. mortgage application activity fell to its lowest in five weeks as interest rates on 30-year fixed-rate home loans jumped to their highest in four […]
Normandy Park Western Washington Real Estate Market Update ECONOMIC OVERVIEW The Washington State economy added 104,600 new jobs over the past 12 months. This impressive growth rate of 3.1% is well above the national rate of 1.4%. Interestingly, the slowdown we saw through most of the second half of the year reversed in the fall, and we actually saw more robust employment growth. […]
Normandy Park The 15 American cities where competition to buy a home is fiercest It’s a tough time for Americans to buy a home. US housing supply remains low and prices keep rising, making the competition among buyers the fiercest it has been in years. Over-demand is ruling the market in many cities. In San Francisco, a home sold for nearly $1 million over its asking price last October […]
Normandy Park 7 Small Home Flaws That Can Be Big Deals for Buyers joebelanger/iStock After living in the same home for a while, it’s amazing what you can get used to. A creaky floorboard, for instance. A chipped tile that you’ve been meaning to replace but haven’t gotten around to. A doorknob that needs a little coaxing to turn. No big deal, right? Well, these small flaws can […]
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