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Channel: Market Updates | Sarah Jullion Real Estate
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42% cheaper to buy in Seattle area than to rent

Wow! Did you realize that today’s mortgage rates and home prices combine to make it 42% cheaper to buy a home in the Seattle area than to rent? Big difference, eh? Nationwide it’s 44% cheaper to buy...

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Experts predict 2013 home prices to increase

Experts predict home price appreciation to increase The price of a home is the major consideration when deciding whether or not it makes financial sense to purchase a house. Experts are not only...

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Seattle home values increase 10.1% from March 2012

Home appreciation slows After months of robust and seemingly unsustainable annual home value appreciation, the housing market is showing signs of moderation in the first quarter, according to data from...

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Housing market data for March 2013 – Puget Sound

Curious about what the media has tagged as housing’s Low Inventory? Well, check the data below and compare the number of listings for March 2013 against those for March 2012, a year ago. West Seattle...

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Feeling skeptical about the housing rebound?

Crisis ended? Has the housing crises ended or is it another housing bubble? Although the housing market seems to be on the upswing in many parts of the country, many investors are hesitant to fully...

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Most Americans want to own their home

Gallup just released its poll, American Dream of Owning Home Lives On. Their conclusion? “Gallup data on homeownership provide strong support for the idea that the American Dream of owning a home...

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Most popular city? Seattle!

Seattle was ranked the most popular U.S. city, with 57 percent finding the land of Starbucks and Microsoft a favorable place. Fellow Pacific Northwest urban center Portland came in a close second with...

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April Existing-Home Sales: Prices Jump to Multiyear Highs

Existing-home sales rose 0.6% in April to an annual sales rate of 4.97 million, the highest level since November 2009, reported the National Association of Realtors. NAR Chief Economist Lawrence Yun...

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King County’s May median single-family home = $417,500, up 15.3%

The MLS reported the median sale price of a single-family home in King County was $417,500, up 15.3% from the same month a year ago and up 4.3% from April. It was the second month in a row that the...

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Buying a new home… Is now the time?

  We in the real estate community are often criticized for always seeming to have a Pollyanna attitude about the housing market. Some people believe that the industry’s current call ‘to buy now’ is...

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Chinese investors flock to Bellevue

Bellevue, a global city Bellevue’s growing role as a global city is evidenced by the speed at which foreign – in particular Chinese – investors are flocking to the Eastside, purchasing real estate,...

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Puget Sound home prices and sales July 2013

 Home sales, prices still rising in Western Washington despite lean inventory and increasing mortgage rates Despite improving inventory overall, supplies remained low, particularly around job centers....

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As the leaves fall, so have house prices fallen in the Seattle area

Single-family home prices in King County saw a remarkable run from January to July, when the median price hit $434,000, a 24% increase in just seven months. Sounds like a 2006 market, doesn’t it? Then...

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Home sales for Puget Sound: August 2013

Here’s the most current housing data for the Puget Sound counties of King, Pierce and Snohomish. King County home prices are up from last year about 12% overall from 2012, and, the sheer number of...

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King County Home Prices up 15% from 2012

The median price of single-family homes sold in King County last month rose to $426,000, a 15 percent increase from October 2012. October inventory higher than last year While the frenzy of home buying...

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5 reasons to buy your home now… not next Spring

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should...

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Luxury Housing Market Surges

40% increase in luxury sales in Seattle area In the Pacific Northwest improvements in the luxury segment (defined as properties priced at $1 million or more) were noteworthy in 2013. A comparison of...

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Economic News for the week of January 13th

Check out the latest economic news from Stephen Chow, Mortgage Broker, Sterling Bank on his Inside Lending Newsletter. Words from Stephen: INFO THAT HITS US WHERE WE LIVE… Fannie Mae’s December...

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Seattle homes selling faster than U.S. average

According to Redfin, out of the 23 markets surveyed, Seattle is the ninth-fastest moving market for homes to be under contract within 2 weeks. Redfin said that San Jose leads the country with homes...

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How did Puget Sound home sales end 2013?

King County median home prices Market top median price, July 2007:  $481,000 Market lowest point, February 2012:  $308,125 December median price:   $419,825 – up about 10.5% from 2012 Buyers closed on...

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