Facebook
X
Pinterest
Copy Link
I continue to be busy at work with several recent sales that all generated several offers (see below).
The local housing market activity this month is similar to last month’s report with lots of sales and continued low inventory.
In King county, the month’s supply of inventory was 0.7%, the lowest being 0.6% in March of 2017 and 2018. It is brutal out there for buyers and they really need a good agent to represent them.
Interest rates dropped to a record low of less than 3%, obviously encouraging more buyers to look for a home. Also, if you are thinking of refinancing, this is the time!
According to my preferred title company, lots of new titles are being ordered by listing agents, which suggests more houses will be coming on the market in August and September. I also heard from a carpet installer that they are swamped with requests to install carpets for upcoming listings. Hopefully, this will be good news for buyers.
Stay tuned for some upcoming listings and hopefully some happy buyers!
Sold this Month: THREE Seattle-Area Homes
Des Moines, WA 98198
Listed at $425,000 | 5 offers
Smart, spacious and updated one-level home, on private dead-end street, in much desired North Hill area. Open and sunny living area, with separate dining space and an updated kitchen. There are 4 bedrooms & 1.75 baths, 1 bedroom and bath are totally separate, perfect for a roommate! Updates include, engineered hardwood floors, recessed lighting, new kitchen counters, tiled floor, stainless fridge & French doors. The big yard is fully fenced with a useful storage shed.
Seattle, WA 98144
Listed at $889,000 | 3 offers
Energy efficient, well designed, light & sunny home, with vaulted ceilings, lots of windows and gorgeous bamboo floors. Smart open living area, with a big kitchen, separate dining space, a living room with a gas fireplace & covered deck. The master has its own bath, large walk-in closet & private balcony. On the main floor there are 2 bedrooms, a bathroom and full kitchen, perfect for extended family it could also be made into a totally separate rental unit. Huge 2 car garage, plus extra work room. Upgrades include: solar panels, AC, tankless H2O, new paint & carpet. Fantastic neighborhood, easily walkable to Light rail, Mt Baker Park, Lake Washington and local eateries and shops. Freeway access is super close too.
Seattle, WA 98112
Listed at $700,000 | 4 offers
Investor/Rehabber Alert! Check out this fixer in a primo locale! Just a half block off East Madison Street, with eateries and shops galore, plus the lovely Arboretum. House is in extensive need of rehabbing or tear-down. 3 bedrooms, 2 full baths + daylight unfinished basement & rocking chair covered front porch. Off- street parking. Some updates, but lots of work needed to make this house shine again! Sold AS IS.
