Tag: headlines 2017

Frenzied Bidding Wars & New Price Records

The good news for Seattle-area homebuyers is the number of homes newly listed for sale increased to nearly 6,300, a 50 percent increase over February. That should mean more options for buyers, but it doesn’t because pending sales shot up even more to 6,350. The result is continued tight inventory with the median sales price…




Low Inventory, Higher Prices & Millennials

Seattle is second only to Brooklyn in millennial population, and a survey by local nonprofit Forterra points at some reasons why—and why not everyone thinks they can stick around. Millennials love dense, green, progressive Seattle, but worry about getting priced out– Curbed Home prices hit a 31-month high in January, Case-Shiller says – Market Watch…




Lots of People and Not Enough Housing

The Seattle metropolitan area has gained about 1,100 people per week since 2010, according to newly-released census data and some number crunching by American City Business Journals. The July 2016 population estimate for the area, which includes Tacoma and Bellevue, is 3,798,902. The Washington State Office of Financial Management estimated Seattle proper’s population as 686,800…




Real Estate Headlines Of The Week

A decade ago, the smartphone didn’t exist. Now, the majority of real estate shopping takes place on mobile devices. “We couldn’t have possibly imagined that,” says co-founder and executive chairman of Zillow Rich Barton at Inman Connect New York. “Now, looking forward to the next 10 years … I see our role at Zillow Group as…




Real Estate Predictions & More For 2017

2017 Real Estate Predictions – Real Trends 2017 will be the year of the condo in Bellevue and Seattle – PSBJ This was the year Amazon’s Seattle-area real estate footprint became truly enormous – PSBJ $19.2M deal suggests Amazon may build a fifth tower in downtown Seattle – PSBJ Map Of The Week: Grandfathered Housing…