Spring is here and I am enjoying the the longer days; it gives me a chance to take Watson out for dog walks after work. There is the proliferation of blossoms that comes along with longer days: not only are we seeing new growth in the plant world, but more listings are coming on every day, and being absorbed.
April brings Daffodils to the Skagit Valley; Tulips and the Tulip Festival are coming right up!
From the Northwest Multiple:
Housing Market Rebounds From February Freeze
KIRKLAND, Washington (April 5, 2019) – Both pending sales and new listing activity around Western Washington surged during March as buyers, sellers, and brokers emerged from February’s record snowfall.
Brokers added 10,516 new listings of single family homes and condos to the Northwest Multiple Listing Service inventory last month, the highest monthly volume since August 2018. Compared to the same month a year ago, new listings across the 23 counties in the report were down slightly (79 fewer units).
MLS members also reported 10,261 pending sales during the same timeframe, the highest number of mutually accepted offers since July, and nearly matching the year-ago total of 10,311.
“After the housing adjustment in 2018, this year’s spring market is back to frenzied in the more affordable and mid-price ranges,” remarked J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. Noting March is the start of the prime-time selling season, he expects this year “will be no exception.” He also commented on improved affordability from last fall’s price adjustments in the close-in job centers of Seattle and the Eastside. “This improved affordability, along with lower interest rates and very strong job growth, all point us in the right direction for red-hot acceleration again this year,” Scott stated.
Following is our Market Flash, still showing a few negatives in the appreciation column; compare to the previous reports here.
* Newsy Links (andreehurley.com/blog/newsy-links/) – see what has been happening in real estate.
* Our Annual Report (andreehurley.com/files/2019/01/north-2018-annual-report_final.pdf) for 2018
* Are you interested in Luxury Properties? Take a tour of our Global Luxury (www.coldwellbankerluxury.com/) website!
* InfoSparks Report for “Seattle” (nwmls.stats.showingtime.com/infoserv/s-v1/7t51-vl4)
Cindy: I am a first time home buyer. Andree Hurley helped me find my beautiful condo in Edmonds (Point Edwards). I knew I wanted it the moment I saw it. Andree made herself available to write the offer that very day. She was patient and instructive throughout the hours it took to complete the offer. From then on, she was on top of everything that needed to be done. She communicated well with me and with the seller’s agent. The sale closed quickly and on time. I am very happy with her services and definitely would recommend her. Thank you.
Bruce: This is the second property Andree has sold for me, with excellent results. My late Mother’s house was a mess. Andree provided invaluable assistance in helping prepare Mom’s house for sale, and during the sale itself. Her communication and attention to detail were excellent, and her efforts often went beyond what I would have expected of a listing agent. During the listing and sale process, we had to work through a number of difficult surprises, not the least of which was a long-forgotten fuel oil tank which the Inspection found under the house. Andree skillfully assisted me through the process of obtaining city approval to treat (and not have to do the nearly-impossible task of removing) the tank to everybody’s satisfaction.
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Relocation and referrals
Because of our national and international network within Coldwell Banker, I can help you, a friend or relative with their move by finding a real estate professional on both sides. I will call and interview brokers to try to make sure they are the right fit.
Referrals make up the bulk of my business and are not only a compliment but also much appreciated.