One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. Here’s a look at what some experts have to say...
Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home Price –...
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One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic analysis shows...
Sold for $1,080,000 Click Here For Full Details Generous home in the desirable North Rose Hill area of Redmond. The versatile and flowing floorplan boasts 2,530 s.f., features 4 bedrooms, 2.5 baths, bonus room and a 2 car garage on a tranquil 15,356 s.f. lot. The open entry welcomes you in with rich hardwood floors and spacious coat closet. Great room living features: Formal dining room with bay...
Sold for $800,000 Click Here For Full Details Charming, completely remodeled home with tasteful, superior quality finishes on a quiet cul-de-sac in the Kingsgate Neighborhood of Kirkland. This flowing floorplan boasts 1,463 s.f. featuring 4 bedrooms, 1.75 baths on a luscious 7,210 s.f. lot. Updates include: All new exterior - including new siding, trim and windows. New electrical and copper plumbing,...
Tony Meier is an exemplary real estate agent. He is patient, organized, forthright, always encouraging, and positive. When the inspection revealed that our roof required urgent repairs, he efficiently and persuasively arranged to get the work done in only a few days. He has a clear sense of what buyers want in a home and gave us great advice on how to refresh and present our home for maximum appeal...
KIRKLAND, Washington (June 5, 2020) – “The market has proved to be very resilient,” remarked Northwest Multiple Listing Service director Mike Larson upon reviewing the statistical report for May. “Buyers in Pierce County stepped on the gas last month after a brief, but significant, tap of the brakes in April,” added Larson, the president and designated broker at ALLEN Realtors in...
Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to work. The emotional impact on these households is...
The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs like Airbnb, which has over 660,000 listings in the U.S. alone, have been impacted...
More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to call their homes their own, a rate that has risen to its...
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