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Real estate: Adjusting to the new market

Chris Sudore Wednesday, April 3, 2024 While popular opinion held that higher mortgage interest rates would cool housing prices, that’s not the reality here. Prices are high, inventory is low, and it’s a whole new market to adjust to in Seattle real...

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Change coming to real estate market in 2024

Following a year in which housing inventory was low, forecasts for 2024 show a market that’s about to loosen up. The biggest driver will be more predicted cuts in the interest rate. Following the interest rate dropped below 7 percent in December, economists...

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Seattle market: A real estate year like no other

This past year has defied just about every accepted real estate model. Nothing is normal, every day is new and changeable. The Seattle market is one of the strongest and most stable in the country, but when you look below the surface, it gets a little trickie...

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Property Views: Real estate hits the reset button

By Chris Sudore Tuesday, April 3, 2023 7:30 PM Chris Sudore The Seattle real estate market has another new look. We left 2022 in a strong buyer’s market, with houses sitting on the market for longer than we’ve seen in the past decade. Our neighborhood...

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Real estate comes back to earth

By Chris Sudore Thursday, August 11, 2022 5:50 PM It finally happened: The fever broke. With the rise in interest rates, the Seattle real estate market has experienced a cool-off. Don’t panic...

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