fbtwittergoogle877.413.7325

Home selling

NWMLS residential market update for April 2015

Pent-up demand triggering record pace of home sales around Western Washington The Northwest MLS (NWMLS) released a market update summary and statistics for March of 2015 earlier this week. Here is a quick excerpt from the report: Northwest Multiple Listing Service members notched a record high level of pending sales during April, surpassing the year-ago…

Read More

Its a new year, time to check your credit report

The new year is a great time to check your credit report if you haven’t done so recently. And, there are now more free ways to track your credit than ever. Government mandated website for requesting your credit report The first way to check your credit report is one we’ve recommended for a long time.  Simply…

Read More

NWMLS releases year end summary for 2014

The Northwest MLS has released its annual summary for 2014.  Here is a quick excerpt: Despite tight inventory, Northwest MLS brokers complete more than 77,000 sales valued at nearly $28 billion during 2014 KIRKLAND, Wash. (Jan. 22, 2015) – Members of Northwest Multiple Listing Service reported 77,276 closed sales during 2014 to outgain the prior…

Read More

NWMLS releases year-end results for 2013

The Northwest MLS (NWMLS – http://www.nwmls.com) released year end results for 2013 recently. The NWMLS is the local residential MLS and sales are primarily single family homes and condos. It should come as no surprise the 2013 handily beat 2012 for sales, both in number of closed transaction and dollar amount.  There were 11,000+ closed transactions (a 17% increase) valued at…

Read More

A quick overview of common real estate agency scenarios

Agency and dual agency are incredibly challenging issues in real estate. They are, I think, very hard to explain clearly. More importantly, they are areas that can be hard for some brokers to handle ethically and legally, especially when you are talking about dual agency. This can be true for the most honest and ethical…

Read More

Hey Mike! Guess what day it is! Nope, its not hump day!

Computing time lines in your real estate contract With Thanksgiving coming up, its a good time to review the terms of local real estate contracts as they relate to dates… at least those pre-packaged purchase and sales contracts provided by the Northwest MLS or the Commercial Brokers’ Association. Clients and even agents can be confused…

Read More

October 2013 residential real estate statistics from NWMLS

box-margin-rt-5The Northwest MLS (NWMLS) has released statistics for October, 2013 last week. The short summary… the real estate market has put on the brakes. That seems clear. Now the question is “Why”? The possibilities include the effect of the government shutdown (undoubtedly part of it), typical seasonal slowdowns (starting slightly early), or below-normal inventories. I…

Read More

NWMLS market report for May 2013

The Northwest MLS (NWMLS) released, last week, the sale and listing statistics for this past May.  As most folks know, the news is no suprise . Competition among home buyers “still fierce;” rising interest rates adding to fury NWMLS, Kirkland, WA, June 5, 2013 – Well-priced homes continue to draw multiple offers and sell at a brisk pace…

Read More