Category: Real Estate News
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The Resilient U.S. Housing Market: Prices Bounce Back Amidst Challenges
Why has the United States housing market stood strong in the wake of high interest rates and economic uncertainty? The FED’s stated purpose is to bring down inflation and curb the cost of living, but no expense is more significant to most Seattleites than the cost of housing. Housing, however, has proven too resilient to…
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Should I Wait for Interest Rates to Come Down Before I Buy a Home?
Should I Wait for Rates to Come Down? Who is this Jerome Powell fellow, and why is he making it impossible for me to buy a house?! Mortgage interest rates: it seems like all anyone can talk about these days in the Seattle real estate market. And with good reason. The basic equation of housing…
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How to Time the 2023 Real Estate Market in Seattle
My team and I are always keeping a close eye on the market, but even more so this winter as Seattle’s market shifts. What will happen this spring and in the rest of 2023? How can savvy buyers and sellers time the market this year? Using the latest data, our work with buyers and seller…
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December 2022 Seattle Real Estate Market Update & My Predictions for 2023
Well, it’s December. Time for me to dust off the old crystal ball and make my predictions for next year, based on this year’s data and trajectories. First, a spot of good news, or at least a sign that the end of this “recession” could be sooner than we think: My Best Case Scenario for…
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What to Expect at the New Paul Allen Vulcan Development on 23rd & Jackson
The community-focused, mixed-use Jackson Apartments development on the corner of 23rd and Jackson in Seattle’s Central District has been a long time coming. This massive project is by Vulcan Real Estate, which is part of Vulcan Inc., a company founded by the late Microsoft co-founder Paul Allen. Vulcan Real Estate has been responsible for several…
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Winter is Coming & Houses Are HOT in Seattle!
Let’s just say that this has been one busy 4th quarter for the Get Happy at Home Seattle real estate team. We’ve never been this busy in September and October. For awhile, I was venturing a guess that buyers and sellers alike had simply moved on from the craziness around the pandemic and got back…
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Will Seattle’s Real Estate Market Pick Back Up?
Based on our observations, we are already beginning to see inventory diminishing. In the last quarter of 2018, we pushed to almost two months inventory level which over the last several years we had been sitting at just under one month’s supply. Because of this increase and combined with political uncertainty, prices stabilized last year…
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Who is Westbank?
If you follow architectural design you’re probably let down by downtown Seattle. Sure there are many great public and commercial buildings from an architectural stand point but in terms of residential towers… Nothing notable, a sea of grey boxes. Don’t get me wrong, many of downtown Seattle’s new or newer towers are fine and feature…
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How Will Amazon HQ2 Play Out in Seattle’s Real Estate Market? Here’s What We Think
Back in September 2017, Amazon announced they would be selecting a new city for their HQ2. Since then, cities have submitted their proposals to Amazon, and in January 2018, Amazon narrowed it down to 20 cities. Now they’ve made their decision and the result is that the world as we know it is not going to…
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Why Has Seattle’s Real Estate Market Cooled? (& No, We’re Not Doomed!)
Beginning in May 2018, we noticed Seattle’s real estate market begin to shift. Homes started taking longer to sell, and once we reached August, people actually had to start reducing the prices of listed homes. In this Curbed article published on August 27, 2018, the author points out that “While lowering an asking price isn’t…