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Uncategorized Neighborhood Update/ Eastside Equestrian Life – April 2018   Click Here to get your Ultimate Spring Home Maintenance Checklist Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Despite the typical seasonal surge in new listings, supply in our area continued to fall far short of demand in March. With just two weeks of available inventory in every market, competition for homes was intense. The […]
Uncategorized Neighborhood Update / Eastside Equestrian Life – February 2018 Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE With competition for homes growing and inventory shrinking, the real estate market in January was as hot as ever.  Home prices were up by double digits as buyers chased severely limited inventory. The number of homes for sale hit a record low for the month of January, which […]
Uncategorized Neighborhood Update / Eastside Equestrian Life – January 2018 Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE 2017 closed out the year with historically low inventory and record-breaking price gains. A strong local economy and brisk population growth has helped fuel a steep discrepancy between supply and demand. As long as this imbalance remains, 2018 is on track to remain a very strong seller’s market. […]
Uncategorized December Neighborhood Update / Eastside Equestrian Life I am extremely grateful for the opportunities and trust my clients have given me this year. It’s been an honor to be a part of each and every one of your transitions. Onward to 2018! Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE It looks like we’re skipping the normal holiday slowdown this season, with […]
Uncategorized November Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Prices in our area have now been rising faster than anywhere in the country for twelve months. Sellers seem to be getting the message that now is a good time to put their home on the market. There was an increase in new inventory in October, but […]
Uncategorized October Neighborhood Update / Eastside Equestrian Life Neighborhood Update from Kiamalise Herres LOCAL MARKET UPDATE The typical seasonal slowdown of new listings in September added to frustration for buyers who are competing for a very limited number of homes. Strong job growth continues to fuel demand. The state added 83,000 new jobs in the month of August, and September looked to be just […]
Uncategorized September Neighborhood Update / Eastside Equestrian Life Click Here for your Fall Maintenance List Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE High demand and low supply made it the market’s hottest August since records began in 2000. Sparse inventory was again the norm, as were multiple offers. However, brokers are cautioning sellers to price their homes correctly. Most buyers have been […]
Uncategorized August Neighborhood Update / Eastside Equestrian Life Download Your Printable Seahawks Schedule Here! Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Instead of experiencing  the typical summer seasonal slowdown, the real estate market in July was as hot as the weather. For yet another month, our area had the distinction of seeing home prices rise faster than any other  market in the […]
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Uncategorized July Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE It was another month of record-setting home prices in June as the area yet again took the prize for the hottest real estate market in the country.   In a bright spot for buyers, the number of new listings added in June was the highest total for any […]
Uncategorized June Neighborhood Update / Eastside Equestrian Life   Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE The hottest real estate market in the country just keeps getting hotter. Despite a large number of new listings, home prices in the Puget Sound area continued to set records in May.  According to a Seattle Times article, “For the first time since the 2007 housing […]
Uncategorized May Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE The local real estate market – already the hottest in the country – set yet another price record in April. The number of homes for sale dropped 27 percent compared to a year ago, the lowest amount of inventory ever recorded for a spring month. The historically […]
Uncategorized April Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE While we finally saw an increase in new listings in March, there was an even greater jump in sales.Lack of supply continued to push prices to new record highs. For the fifth straight month, our region has experienced  the sharpest home price increases of any major market […]
Uncategorized March Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Home prices are growing faster in our region than anywhere else in the country. After a brief slowdown last month, home prices in February jumped to new record highs. The reason?  The lowest number of homes for sale on record. The surge in prices came well ahead of […]
Uncategorized February Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE The local real estate market remains very hot with extremely low inventory and prices that are rising faster than anywhere else in the country. However, that rate of price growth appears to be cooling from last year, dropping to its slowest pace in three years. Predictions of […]
Uncategorized January Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE A record low number of houses for sale in December indicates that 2017 will continue to be a very competitive market for buyers. The good news: those who decide to take the plunge and list their home can count on getting a premium price for their property. […]
Uncategorized December Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Buyers spooked by a spike in mortgage interest rates gave rise to the busiest November for homes sales in over a decade. Prices rose accordingly. Case-Shiller ranked the area as the housing market with the fastest rising prices in the country. Sellers can expect to get a […]
Uncategorized October Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE At a time of year when sales traditionally slow down, September saw particularly strong sales growth. Home prices rose yet again compared to the same time last year, but they remain below the peak of several months ago. And inventory, while still low, is at its highest […]
Uncategorized September Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE While homes prices were up by double-digits compared to a year ago, the market frenzy that has affected most of this year is showing some signs of moderating. With the exception of the Eastside, prices for most of the region were down from their peak. Home sales […]
Uncategorized August Neighborhood Update / Eastside Equestrian Life Neighborhood Update from KiamaLise Herres LOCAL MARKET UPDATE Home prices are still on the rise compared to a year ago, but there is some indication that prices are moderating. Combine that with an increase in inventory and we may be seeing some relief for buyers. Time will tell whether this is a momentary breather, or if […]
Uncategorized July Neighborhood Update / Eastside Equestrian Life                                                   Neighborhood Update     from KiamaLise Herres                           LOCAL MARKET UPDATE               […]