Category Archives: Industry News


Feb

06

2017
Positive Market Despite Rising Rates

Positive Market Despite Rising Rates

Even though experts in the market agree that rates will likely increase slightly in 2017, they also agree that this will not have a negative impact on the Northwest real estate market. Lawrence Yun, chief economist for the National Association of Realtors, shared that historically, a rate increase to 4.5% (the expected high point for 2017) would still be a “favorable rate”. “We are getting…

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Dec

26

2016
November Market Update

November Market Update

According to the Northwest Multiple Listing Service (NWMLS), figures for November show a 13.2 percent drop in inventory of single family homes and condominiums. For the 4-county Puget Sound region there is only 1.22 months of supply, with King County having the lowest level at under a month (0.96). There was a 9.4 percent gain in pending sales, a 31.3 percent spike in closed sales,…

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Aug

07

2016
Appreciation in the Northwest – Setting a Red Hot Pace

Appreciation in the Northwest – Setting a Red Hot Pace

In spite of easing a bit from prior months, home prices are continuing to experience positive appreciation. The S&P Case-Shiller 20-City Composite index for May (as reported at the end of July) rose 5.2 percent year over year. This accounts for slight slowdown from April’s 5.4 percent increase. The Case-Schiller index tracks changes in the value of residential real estate nationally as well as in…

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Jun

12

2016
Who do you target when you’re ready to sell?

Who do you target when you’re ready to sell?

Your Fix and Flip investment is likely to appeal to more than one generational demographic. With this in mind, knowing some of the criteria that appeal to each generation, may help you focus your sales strategy. The following information is based on the March 2016 National Association of Realtors, Home Buyer and Seller Generational Trends Report. The report breaks home buyers into 5 age groups….

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May

20

2016
Buyers Looking Beyond Old Boundaries

Buyers Looking Beyond Old Boundaries

A recent Seattle Times article pointed out that a growing number of first time home buyers are looking for their ideal home, farther outside central Puget Sound. The driving force behind this growing trend is scarce inventory and climbing prices in and around King county. According to the Northwest Multiple Listing Service (April report delivered in May), inventory remains well below the supply needed for…

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May

08

2016
Case-Schiller Reflects Increased Prices

Case-Schiller Reflects Increased Prices

As we mentioned in previous posts – if you set out your investment plan, find the right property to buy and work with a solid team of professionals – this is a strong market in which to be a real estate investor. Recent data from the S&P/Case-Schiller Home Price indices supports this point. The Case-Schiller index tracks changes in the value of residential real estate…

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May

08

2016
Real Estate Radio NW – Part 1 – Focus on Sourcing

Real Estate Radio NW – Part 1 – Focus on Sourcing

Real Estate Radio Northwest is a Seattle based radio program hosted by real estate personality Nick Neal. Nick works as the business development manager at Graystone Mortgage. He leverages this live program to build relationships and help industry professions share their talent and passion for the real estate. The show strives to help consumers understand what’s really going on in our local real estate market….

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Apr

18

2016
Real Estate Prices Chart

The Time is Right

When the Northwest Multiple Listing Service distributed its latest market update (March YoY), the document was titled “Puget Sound Area Home Sales Slow (But Not Prices). Interestingly, this title was edited from the initial press release, where the title included the addition of “as supply can’t match demand”. When supply can’t match demand, it means there are just not enough houses to support demand. With…

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Aug

01

2015
Presence of Private Equity Wanes in Real Estate

Presence of Private Equity Wanes in Real Estate

According to a July 2014 Finance & Commerce article , Invitation Homes LP (subsidiary of Blackstone LP) and other private equity firms have purchased roughly 200,000 homes since the 2007 housing crash. An abundance of capital has allowed equity groups to acquire homes at an incredible pace, affording them a market strategy unavailable to the individual investor. Hedge fund flips are cheaper to perform than…

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