Real Estate Market Updates & Insight

Real Estate Market Updates & Insight June 2021 Real Estate Update May was a record-breaking month for the real estate market. Inventory hit all-time lows, and home prices reached record highs. With the supply of homes so tight, this sizzling seller’s market is expected to continue throughout the summer. High demand hammered inventory in May. While the number of new listings increased, homes sold within days, […]
For Buyers April 2021 Real Estate Update Despite a bump in new listings the supply of homes still can’t keep up with the demand. The result? Multiple offers, escalation clauses, and record-breaking prices. If you’re considering selling your home, you’d be hard pressed to find a more lucrative market than what we have today. March marked the first post-COVID/pre-COVID comparison, and the […]
Real Estate Market Updates & Insight March 2021 Real Estate Update Neither the snowstorm nor the increase in mortgage rates dampened buyer demand in February. Lack of inventory continues to be a frustration as there are way more prospective buyers than there are homes for them to buy. As a result, prices continued their upward climb. While the number of homes for sale edged up, it […]
About Kari Haas Kari Haas in Seattle Magazine Kari Haas in Seattle Magazine December 2020 Kari Haas appeared in the December 2020 issue of Seattle magazine as part of the special section on top agents in the area. The following is quoted from Page 74 of the December 2020 issue of Seattle magazine: Five Star Professional – Five Star Professional partnered with Seattle […]
Real Estate Market Updates & Insight February 2021 Real Estate Update This winter’s real estate market is looking more like a typical spring market. Sales were up, competition was fierce and prices continued to rise. Lack of inventory still presents a huge issue. At the end of January there were only 1,055 single-family homes on the market in all of King County, 33% fewer than a […]
Real Estate Market Updates & Insight January 2021 Real Estate Update The end of 2020 marked a most unusual year, and the real estate market was no exception. While homes sales usually take a holiday during December, this year saw the continuation of an exceptionally strong and competitive market. New listings, closed sales and home prices all went up. With supply nowhere close to meeting demand, […]
Investing December 2020 Real Estate Market Update Nothing about 2020 is normal, and that includes real estate trends. The housing market typically slows significantly during the holiday season, but that is not the case this year. Buyer interest is strong, sales are up, and prices have followed suit. A recent report ranked our area as the most competitive real estate market in […]
About Kari Haas Kari Haas is a Five Star Professional Award Winner For Immediate Release October 25, 2020   SEATTLE, WA – Five Star Professional is pleased to announce that Kari Haas is a 2020 Five Star Real Estate Agent! Kari is among an elite group of professionals honored with the Five Star award in the Seattle area. The Five Star Real Estate Agent award recognizes professionals who […]
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Real Estate Market Updates & Insight November 2020 Real Estate Market Update The number of people who can work remotely may be changing the way we view our homes, but one trend has not changed. The local housing market in October remained unseasonably hot. And that doesn’t show signs of changing any time soon. October saw continued low inventory and record-level sales, with the number of sales […]
Real Estate Market Updates & Insight October 2020 Real Estate Market Update While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new listings are selling quickly in every price range. There just aren’t enough homes on the […]
Real Estate Market Updates & Insight September 2020 Real Estate Market Update August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes. […]
Real Estate Market Updates & Insight August 2020 Real Estate Market Update While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]
Real Estate Market Updates & Insight July 2020 Real Estate Market Update While our lives are very different than they were a year ago, the local real estate market has recovered to 2019 levels. Record low interest rates are helping spur demand. Sales were up, home prices increased and multiple offers were common. The number of pending sales, a measure of current demand, was higher in June […]
Real Estate Market Updates & Insight June 2020 Real Estate Market Update As we move to the next phase of reopening, life feels like it’s slowly inching back towards normal. The same is true in real estate. Statistics on home sales in May provided the first true picture of the effects of COVID-19. Those reports confirmed the incredible strength and stability of the local real estate market. […]
Real Estate Market Updates & Insight May 2020 Real Estate Market Update We hope you are weathering the new normal as best as you can. With everyone spending more time than ever at home, real estate has taken on a whole new importance. For those who are interested, here is a brief update on how COVID-19 continues to affect our local market: Business was better than expected […]
Real Estate Market Updates & Insight April 2020 Real Estate Market Update Windermere is focused on keeping our clients and our community safe and connected. We’re all in this together. Since the early days of COVID-19, our philosophy has been “Go slow and do no harm.” While real estate has been deemed an “essential” business, we have adopted guidelines that prioritize everyone’s safety and wellness. Like everything […]
Real Estate Market Updates & Insight “Stay Home, Stay Healthy” Real Estate Update Revisions for real estate under “Stay Home, Stay Healthy” On March 25th we wrote a blog post based on Gov. Inslee’s announcement about how we will continue to conduct real estate business under the “Stay Home, Stay Health” Order. Because information about COVID-19 and its impact on citizens and the economy evolve so quickly, we […]
Real Estate Market Updates & Insight “Stay Home, Stay Healthy” How COVID-19 is Impacting Real Estate How is coronavirus impacting the Seattle real estate market?   Since news of COVID-19 swept the world, a lot has changed and continues to change rapidly. Like in all businesses and industries, those in real estate have been adapting and doing our best to plan ahead. On Monday, March 23, 2020 Governor Jay Inslee announced […]
Real Estate Market Updates & Insight March 2020 Real Estate Market Update The novel coronavirus (COVID-19) has not yet dampened demand in the housing market. Despite no more public open houses, homes are being listed and there are still more buyers than inventory. Buyers who had waited last year for a drop in prices have now seen several months of home prices increases. With demand far outstripping […]
Real Estate Market Updates & Insight November 2019 Real Estate Market Update A steady influx of buyers continued to strain already tight inventory throughout the area in October. Home sales were up, as were prices in much of the region. With our thriving economy and highly desirable quality of life drawing ever more people here, the supply of homes isn’t close to meeting demand. Homeowners thinking about […]