See the home with 22 offers last week
Yikes, mortgage rates are almost back to 7%! (They were 6.1% mid-September.) Despite the jump in rates, surprisingly buyers were busy putting more homes under contract last week than the week before. Edmonds is hot, this home had 22 offers on it last week! But buyers, don’t get scared off; the majority of homes are sitting and not getting bid up. Now is the time to send in that aggressive offer :).
Last week we were busy handing off keys to a buyer of a tiny home in Wallingford, and yesterday, we gave keys to a buyer of an amazing top-floor corner home at the Queen Anne High School. Today we’re filming more videos for our YouTube channel.
Links
- Bellevue lakefront modern sells for 33% over list!
- View Ridge midcentury modern sells for 23% over list
- The latest hot item on Wedding Registries? A new house (NYT)
- Seattle Mayor Bruce Harrell unveils new version of housing growth plan (Seattle Times)
- Seabrook developers buying large Sequim property from John Wayne’s family (PSBJ)
- WA interior designers share tips and inspiration to embrace your taste ( Seattle Times)
- New Medina mansion ranks among priciest listings in Washington ( PSBJ)
New Listings in Seattle tick up, big drop on the Eastside
Seattle: 267 new listings last week, up 3.5% w-o-w
Eastside: 133 new listings last week, down 29.3% w-o-w
Buyer activity up, even with higher rates
Seattle: 199 pending last week, up 2.6% w-o-w
Eastside: 162 pending last week, up 16.6% w-o-w
Eye candy
$9M Bellevue penthouse at Avenue Estates
$3.4M Whidbey Island updated contemporary
$3M Clyde Hill NW contemporary
$1.6M Cedar Park midcentury modern
Eye candy <$1M
Check out last week’s market update, Kraken player buys $5.8M Bellevue home
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