Local market update.
The market is finally settling into a more balanced pattern, as price appreciation slows across King County. Reports of a bear market are exaggerated however, since last month’s slower pace is comparable to typical end-of-summer sales.Find our full market recap here.
News + trends.
[THE STATE OF] REAL ESTATE
Rising rents reflect inflation intensityIncreasing rents across the Puget Sound region are putting pressure on tenants, due in part to nationwide struggles with inflation. For those who can afford it, a mortgage is an excellent hedge against future market vagaries.READ MORE
Seattle ranks second nationally for remote workSince the pandemic, nearly half of Seattle’s workers have shifted to remote work, impacting commutes and transit.
[THE STATE OF] REAL ESTATE
Bellevue residents support affordable housingA recent poll reveals that a majority of Bellevue residents feel the city should enact more affordable housing policies.
Kirkland is the fastest-growing startup city in the U.S.Surrounded by tech hubs, Kirkland has become a fertile ground for startups in its own right.
Now – September 25The Washington State Fair in PuyallupSeptember 30 – October 118th Annual Great Pumpkin Beer Festival at Seattle CenterNow – October 9Seattle to San Juan Island Whale Watching
Real talk: who doesn’t miss slumber parties, blanket forts and long nights talking with friends? Thankfully, conversation pits are back in a big way, inviting us to chat uninterrupted into the wee hours (pjs optional).
My featured sale.
BEAR CREEK19960 NE 155th Street, Woodinville 4 Beds / 3 Bath / 2,850 SF
Cast your vote.
FIRE PIT OR FIREPLACEWhich do you prefer? Click below to vote.
FIRE PIT! I want to swap stories around the fire outside.
FIREPLACE! Let me cozy up whileI watch a movie inside.
Last month’s poll results. Front porch: 11.5%. Back deck: 88.5%.
When you’re ready to talk real estate.
Denni Shefrin – Broker, Realtor® Mobile: 206.979.1908 Office: 425.455.5300 Email: firstname.lastname@example.orgWebsite: dennishefrin.com
Social Links Widget
Click here to edit the Social Media Links settings. This text will not be visible on the front end.
Buying • Living • Market News • Selling • W Report • September 19, 2022
W Report – September 2022
by Denni Shefrin
Market News Would the FHFA Mortgage Fee Changes Have Favored Buyers with Low Credit Scores? The Federal Housing Finance Authority recently put a hold on raising upfront mortgage fees given pushback that suggested home buyers with good credit were being penalized. Windermere Chief Economist Matthew Gardner looks at Loan Level Price Adjustments (LLPAs) to explain why some headlines were misleading. This video on the proposed FHFA mortgage fee changes is […]
W Report W Report – May 2023 Local market update. Dwindling inventory across King County has led to rising prices, causing a small upswing in the market despite higher interest rates. Although prices are down year-over-year, the steady monthly price growth is encouraging to prospective sellers.Find our full market recap here. News + trends. [THE STATE OF] REAL ESTATE Where local Millennials […]
Living Managing Your Investment Property: DIY vs Hiring a Professional Owning real estate is an efficient and productive addition to your investment portfolio. For an investment property that you don’t plan to live in, whether it’s your second home or you’ve done this a few times before, you’re faced with decisions about how to best use that investment for your goals. Some investors will remodel their new property and […]