Real Estate, Investment, Second Home, Renters, Vacation

Check out Monday with Matthew economic report. Great data and easy to digest. https://www.windermere.com/blog/matthew-gardner-covid-19-housing-economic-update-01-25-2021   From Search to Signature, Colleen McCann.  

According to GeekWire, LinkedIn migration data indicates that Seattle techies are not leaving Seattle, unlike the “exodus” in Silicon Valley. The article by Talyor Soper shows that Seattle added 2.2 tech workers for every one that left, just below 2.5 for last year. Our real estate view is that tech business growth will continue to […]

The Seattle market continued to be robust in August with 58% of listings sold at or above the listing price. This continued the pace from July 2020 and was well above the 35% level in August of 2019.   The month’s supply of inventory for sale remains at a fairly tight 1.5.  Seattle is predominantly in […]

One measure of strength in the Seattle residential real estate market is the percentage of houses which sold above their listing price. For June 2020, 38% sold above with a 5% median increase from list price. This compares to 34% in May and 33% in June 2019.  Of course, 20% sold at list price and […]