All in Eye on the Market

43 posts for category: "Eye on the Market"

Eye on the Market

We have now been in the COVID market for over two and a half months.  What began as a fast paced and vibrant market has evolved into a unique market with surprising resiliency. After being shut down…

Eye on the Market

When the first quarter real estate market statistics came out many economists and real estate professionals stated they weren’t an accurate reflection of what is happening in real estate because the numbers mainly represent pre-COVID 19 activity…

Eye on the Market

The market and our world have changed dramatically since our last update of a month ago.  At the end of February, we were experiencing low inventory and upward pressure on prices throughout Western Washington including and especially…

Eye on the Market

This year the real estate market has started out with a continuation of the low inventory scenario that we have seen all too often these last few years.  With more buyers than sellers as evidenced by more…

Eye on the Market

The Eastside sales numbers show that the market for last year was stable.  The number of existing homes, condominiums and New construction sold in 2019 was about a half percent greater than in 2018.  Average prices for…

Eye on the Market

With Thanksgiving arriving late this year the traditional Fall market also ran longer and just now will reach holiday mode where many buyers, sellers and brokers pause to enjoy the holidays and ask, “What will next year…

Eye on the Market

As we enter the cloudy days of late fall the market has taken another unexpected turn.  After 7 months of rising listing inventories in the Seattle and Eastside markets we have now had two months where the…

Eye on the Market

We have seen two rate reductions in recent weeks by the Federal Reserve Bank.  This is in response to a continuing weak world economy which has sparked fears of an economic slow down in the United States. …

Eye On The Market

In the greater Seattle area, we are 7 years into our strong real estate market.  Nationwide, including the Northwest, we have seen real estate prices peak in the last few months.  In Seattle we have seen prices…