It’s been a hard February for buyers, and we’re not just talking about the weather! They’ve been dealing with limited inventory, rising interest rates, and fierce competition for the best homes. It is not a market for the faint of heart, that’s for sure. But there is hope on the horizon.Continue reading “February 2022 – Real Estate Round-Up”
f you follow us on Facebook or Instagram, you know that we post small snippets of market information all throughout the year. Now it’s time to look at the whole year There is no doubt that it was a stand-out seller’s market all year long. Let’s look at some of the major trends for 2021.
If you follow us on Facebook or Instagram, you know that we post small snippets of market information all throughout the year. Now it’s time to look at the whole year There is no doubt that it was a stand-out seller’s market all year long. Let’s look at some of the major trends for 2021.Continue reading “Year-End 2021 Round-Up – Upper Kittitas County”
We crunch the numbers so you don’t have to, and so you know what is really going on in the market. Usually, the autumn market enjoys a slower pace, and after houses flying off the market at break-neck speed all summer long, we were kind of looking forward to a seasonal break. However, that’s not quite what happened in October.
This year, we’re still seeing higher-than-usual activity in some areas. We’re starting to recover from the extreme market of last year, but we’re not out of the woods yet. As a result, we’re going into the winter market with low inventory and high demand.Continue reading “Upper Kittitas County – Real Estate Market October 2021 Round-Up”
It wasn’t just the autumn air—last month was brisk! Even though the market is slowing down as usual for autumn and winter, two-thirds of homes listed in September accepted an offer in 14 days or less. The sweet spot seemed to be around 6 days, with 23 of the 45 new listings accepting an offer before they were a week on the market. This turnover rate is similar to what we saw in the summer.Continue reading “Upper Kittitas County – September 2021 Real Estate Market Round-Up”
Autumn is upon us, and we’re starting to see the first signs of the market slowing down as usual around this time of year. Everyone is starting to prepare for the holiday gauntlet—Spooktober, Thanksgiving, Christmas, and the New Year. We’re looking forward to upcoming events with friends and family, but first, we need to assess the market for the last month of summer.Continue reading “Upper Kittitas County – August 2021 Real Estate Market Round-Up”
Are you ready to move today? Don’t wait until Spring to list when you can get your house sold NOW! Despite what you may have heard, there are a lot of reasons why fall might actually be the best time to sell your home.
One of the perks of listing your home in autumn is that there is far less competition in the market. Since most home owners decide to list during the spring and summer, you won’t have to try and stand out amongst hordes of homes.
Higher Sales Price
Another bonus to listing your house in the fall is a higher sales price. You will be looking at the summer activity and what homes sold for during those months to determine how to list your house. The homes that sold in the summer will also be used as comparables on your appraisal which can yield a higher value.
More Serious Buyers
Buyers who are purchasing during the autumn typically have a sense of urgency in their home buying process. Often they have been looking through the warmer months and haven’t been able to find the right home for whatever reason. By the time fall comes around they are ready to buy and close on their new home. This also means fewer showings of buyers who are just trying to see “what’s out there” on the market.
Past the Back-to-School Slump
Contrary to what many people believe, August, one of the summer months, is actually one of the worst months to list your house. Many buyers with kids prefer to be settled in August, not go under contract. Their reasoning is so they will have time to unpack and settle in before school starts.
Homeowners who list in August may find themselves surprised by how little traffic they get coming into their home. Listing in the fall allows home owners to avoid the back to school slump in the real estate season.
Home for the Holidays
An added benefit to selling your house in the fall is getting settled into your new home for the holidays. Buying a house in the fall means you’ll start creating new holiday traditions and memories in your home right away.
Don’t let the real estate summer myth dissuade you from listing your house during autumn. You may be pleasantly surprised by all of the benefits to selling your home during the fall months.