Category: Mortgage Rates

Seattle and Capitol Hill Market Stats

We’re already more than half way through November, which typically means that the Holiday slowdown is in full effect – but not this year! The Seattle real estate market continues to surprise us as multiple offers and homes selling at or above asking price continues to be the norm. This month we wanted to compare how the Captiol Hill real ...

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Interest Rates and Buying Power

With all the talk recently about the Fed potentially increasing interest rates in December, we wanted to show how even a 1/2 of a percentage point increase in interest rates will affect a home buyer’s monthly payment, which can in turn reduce his/her overall spending power.

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2014 Seattle Real Estate Review

2014 definitely played favorites to the sellers of Seattle. The average Seattle homeowner saw an increase of 6.1% [1] in their home’s value, with some neighborhoods experiencing double digit price increases. This increase was due to a combination of factors including extremely low inventory, historically low interest rates, rising rents, and ...

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