Posts tagged Presales
Downtown Seattle Condos: Rising Demand and Anemic Supply Has Buyers Considering Presales Opportunities

The lack of available condominiums in downtown Seattle continues, especially at affordable price points. Currently, there are just 7 resale homes listed for sale on the NWMLS priced below $700,000, which is now the new median home price for resales after increasing a staggering 19% in November 2017 compared to the prior year. Though market conditions may seem daunting to potential buyers, market pundits say unit reservations and presales can offer much needed relief for those willing to plan ahead.

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On Top Nationwide for 13 Months, Seattle-Area Monthly Home Price Growth Takes a Holiday

Upon last month’s release of the CoreLogic Case Shiller Home Price Indices for August 2017, Realogics Sotheby’s International Realty predicted“Should the trend since April continue on the back side of the peak home-buying season, it is possible that Seattle’s monthly home price trend could actually turn negative.” This in fact is exactly what happened, with the Seattle index slipping by 0.28 percent monthly in September.

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Seattle Times Talks Crazy Emerald City Market Trends and the Condo Imbalance

In a recent article on Seattle Times, Mike Rosenberg sat down with Reddit to discuss what’s happening with “Seattle’s sizzling-hot housing market,” from rent hikes and growing home prices, to the condo imbalance and the influence of the tech industry.

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