Posts Tagged ‘bidding war’
North Seattle Home Prices Rise 42 Percent
Home prices are up. Way up. Central Seattle and Beacon Hill both saw their median home price climb nearly 40 percent last year. In parts of North Seattle, the median home price leapt 42 percent. Forty-two percent. That’s absurd. The Seattle-wide median home price isn’t as bad. That measure only jumped 24 percent last year,…
Read More8 Steps for Ruining Your Future
8 Steps for Ruining Your Future Treat the current real estate market as the new status quo. Convince yourself things won’t ever change. Tell yourself prices will always be this high, and inventory will always be this low. Panic when you see a hundred people at an open house. Just freak out. Start worrying that…
Read MoreWhen Is Owning a Home Too Much?
When is owning a home too much? When you pay $50,000 more than it’s worth.
When is owning a home too much? When you give up years of equity.
When is owning a home too much? When you sacrifice your future.
Read MoreTriple Success!
Success! That’s a rare word for buyers in this crazy Seattle market. But we just helped three clients succeed in buying homes in one of the toughest price ranges in the city—and all of them were fierce multiple offer scenarios. Thanks to our 25 years of experience, we beat the competition. A lot of competition.…
Read MoreDon’t Do This
Don’t do this: Don’t pay $717,000 for a 3-bed, 1-bath house. Don’t pay $158,000 above asking for a 1,100 sq-ft home. Don’t pay $640 per square foot in Ballard. These are the actions of a crazy buyer in a crazy market, a result of desperation and hypercompetition. Don’t do this. But someone did. This week,…
Read MoreWorld Travelers & Impossible Obstacles
Part 1: Lose the Shackles Kim and Brian have traveled the world. We’ll admit it—we’re jealous. They work in cancer research and software engineering, respectively, but back when they first started traveling, Kim and Brian were fresh UW grads on a ten-week backpacking trip. They fell further in love with each other during that trip, and they also fell…
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