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Shrinking housing inventory in Snohomish County as State nears Phase 2 of Governor Inslee's reopening the economy plan.

For six straight weeks now, in Snohomish County, home sales (residential homes) have been out pacing new homes on the market, at a rate of four to one.  What does that mean?  Well in this time of Pandemic Covid-19, speculation is difficult, but does not take a math genius to realize that it will be more and more difficult for buyers to find and secure a new home.  Great if you are a Seller.  If you home is priced at market rate, ready to move in, you should be able to sell relatively quickly once on the market.

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Home Buyers Still Competing for Sparse Inventory in Western Washington, Driving Prices UP - Especially for Sought-After Condominiums.

Latest Press Release, Northwest Multiple Listing Service
February 5, 2018
Current Statistics

KIRKLAND, Washington (February 5, 2018) - "The Seattle area real estate market hasn't skipped a beat with pent-up demand from buyers is stronger than ever," remarked broker John Deely in reacting to the latest statistics from Northwest Multiple Listing Service. The report on January activity shows a slight year-over-year gain in pending sales, a double-digit increase in prices, and continued shortages of inventory.

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Market Watch, March 2016

Market continues to be aggressively a Sellers market with the Northwest Multiple Listing Service reporting inventories of homes down over 30% from last year.  Multiple offers are the norm, and if you are not a properly prepared buyer, you will lose out in the bustle to other buyers.  We here at The Doner Group have a proven track record of preparing you to win in that process. For more infomation, call/text Designated Broker/Owner Fred Doner at 206-551-0070.  30+ years expereince representing Sellers and Buyers!

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