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LOCAL MARKET UPDATEDespite an uptick in inventory, home prices hit new records in June yet again. A national study showed that home prices are rising faster in Washington than any other state. While lower interest rates provide some relief for buyers, sellers are the...

LOCAL MARKET UPDATEHouse hunters looking for relief from soaring rents continued to snap up homes at a record pace in May. By one analysis,80 percent of the homes coming on the market in King and Snohomish counties sold within the first 30 days – many within the first...

LOCAL MARKET UPDATEThe supply of available homes remains at critical levels, with both King and Snohomish counties showing less than a month's supply of inventory. With demand far outstripping supply, home prices increased by double-digits over last year throughout...

LOCAL MARKET UPDATEThe supply of homes for sale in April was up over March, indicating that more sellers are deciding to list their homes. But with less than a month of inventory available in the area, it's still a seller's market. While prices were up over last year,...

LOCAL MARKET UPDATEA severe lack of inventory has led home prices to reach an all-time high. With the supply of properties at its lowest level since 2003, the market is in dire need of more homes to meet buyer demand. That is excellentnews for those thinking about...

LOCAL MARKET UPDATERecord low inventory has placed the area in an extreme seller's market. 70 percent of homes sell in the first 30 days. With 30 percent less inventory than a year ago, multiple offers are all but guaranteed. If you're selling, you can name your...

LOCAL MARKET UPDATE2015 closed out the year with home prices hitting new highs, and inventory hitting new lows. The market is tough for buyers who are competing for a dwindling number of homes, but it's also the greatest seller's market in recent memory. Read the full...

LOCAL MARKET UPDATEThe traditional seasonal slowdown is taking a break this year. Activity in November was brisk, and home prices continued to climb. Driving the surge in prices is the lowest inventory of homes in more than a decade. The result is a holiday gift for...

LOCAL MARKET UPDATEThe hot real estate market shows little sign of slowing down. Home prices continued to move upward. With the number of pending sales exceeding the number of new listings, the supply of homes is falling well short of demand. The inventory of homes in...

LOCAL MARKET UPDATEStrong sales continue to whittle down a dwindling supply of homes. The lack of supply to meet demand kept driving home prices upward in September. While the Puget Sound area saw steady appreciation over a year ago, there are signs that that the...