Mark Zawistoski

NW Seattle & SW Snohomish Real Estate Market Update | December 16, 2024 Declining Inventory Helps Sellers & Interest Rates Up Slightly There is not a lot to report on this week. As expected, the market is winding down for the year. Inventory continues to come down in both NW Seattle and SW Snohomish County. New listings were down by 5.6% in NW Seattle and up by 7.4% in SW Snohomish. Typically, Sellers who are coming on the market in December are very serious about selling. While inventory levels continue to come down, this is an excellent time for Buyers. They are more apt to snag a better deal than if they wait until Spring. Buyers who are looking during the holidays also tend to be serious Buyers. This is evident in the number of homes going under contract. Interest rates have been bouncing around the mid 6s for several weeks. The last Fed meeting of the year is this week. All expectations are for the Fed to cut rates by another ¼ point. This is welcome news for both Buyers and Sellers. See all the stats at https://lnkd.in/g3s2gia6 We hope you are having a lovely holiday season, and we will back in your feed for our last update of the year on December 30th. -Steve & Sandra And as always, if you have any additional real estate questions, feel free to call/text us any time! We're always here to help! Brenner | Hill Real Estate Windermere Real Estate /Northwest Steve — 206-769-9577 | [email protected] Sandra — 206-271-7100 } | [email protected] Brennerhill.com Equal Housing Opportunity #BrennerHill #BrennerHillRealEstate #WindermereRealEstate #RealEstate #MarketUpdate #RealEstateTrends #SeattleRealEstate #SnohomishRealEstate #PropertyInsights #WeeklyStats #HousingMarket #InterestRates #RealEstateListings #RealEstateNews #NWSeattle #SWSnohomish

Boise Real Estate Market Update | November 2024 Data from October 2024 has ARRIVED - Here's what we're discussing when it comes to the local real estate market here in Boise, Idaho: 👉 Inventory is down for the first time in 4 months 👉 Compare 2023 vs. 2024 👉 What's the biggest determining factor driving the real estate market now? Head over to our YouTube channel for the full scoop 📺 https://lnkd.in/g5_6auFz #boiserealestate #interestrates #interestrateupdate #marketupdate #boiserealestatemarket #realestatemarket #realestateagent #realtor

NW Seattle & SW Snohomish Real Estate Market Update | July 29, 2024 Housing Market Picks Up, Interest Rates Stable New listings were up by 47% in Northwest Seattle over the past two weeks with about half of those new listings with review dates. New listings were up by just 5% in SW Snohomish County, and again about half of the new listings had review dates. Homes going under contract were up by nearly 36% in NW Seattle over the previous two weeks, and up by just under 10% in SW Snohomish. You may remember from our report two weeks ago that Buyer activity had stayed strong in SW Snohomish County through the 4th of July holiday and the following week, whereas NW Seattle had dropped significantly. I think these past two weeks are just balancing out the previous two weeks’ activity. So far in July in NW Seattle approximately 36% of homes sold above their list price at an average of 109.1% and took about 6 days to sell. Approximately 32% of homes have sold for less than asking and sold at 94.6% of their list price and took an average of 44 days to sell. SW Snohomish County numbers were very similar - 38% sold above asking at an average of 106.8% with 6 days of market time, and 32% sold for less than asking at 94.9% with 23 days of market time. So as you can see, in both markets 2/3 of Sellers are selling at or above their initial asking price. Interest rates have been very stable for the past few months. While they are still in the upper 6’s, the stability in rates is welcomed. To see all the stats, go to https://lnkd.in/gyDZSSYg Brenner | Hill Real Estate Windermere Real Estate /Northwest Equal Housing Opportunity #BrennerHill #BrennerHillRealEstate #WindermereRealEstate #RealEstate #MarketUpdate #RealEstateTrends #SeattleRealEstate #SnohomishRealEstate #PropertyInsights #WeeklyStats #HousingMarket #InterestRates #RealEstateListings #RealEstateNews #NWSeattle #SWSnohomish

NW Seattle & SW Snohomish Real Estate Market Update | October 21, 2024 Interest Rates Creep Up, Market Mixed Wow, there is a big difference between the number of new listings in NW Seattle and SW Snohomish County. Usually both markets move in similar ways. It is interesting to see that new listings were up by 15% in NW Seattle and down by nearly 40% in SW Snohomish. I have no explanation as to why listings are down so much in SW Snohomish. However, that is good news for the Sellers currently on the market in SW Snohomish, since they have less competition. Homes going under contract were also down, but only by about 8%. The lack of new listings and the decent Buyer activity caused the overall inventory to come down by almost 17% in SW Snohomish. It is nice to see older inventory getting absorbed out of the market. In SW Snohomish 40% of the homes going under contract had been on for 10 days or more and in NW Seattle it was 51%. Again, good news for Sellers. Interest rates have crept up from their recent lows and have been bouncing in the lower 6s. Another Fed rate cut would be welcomed by all. See all the stats at https://lnkd.in/g-xspd4E We hope everyone has a fun Halloween. We’ll be back in your inbox in November. -Steve & Sandra And as always, if you have any additional real estate questions, feel free to call/text us any time! We're always here to help! Brenner | Hill Real Estate Windermere Real Estate /Northwest Steve — 206-769-9577 | [email protected] Sandra — 206-271-7100 } | [email protected] Brennerhill.com Equal Housing Opportunity

This week the median list price for Grand Junction, CO 81501 is $366,500 with the market action index hovering around 37. This is less than last month's market action index of 42. Inventory has held steady at or around 58. 𝗦𝗹𝗶𝗴𝗵𝘁 𝗦𝗲𝗹𝗹𝗲𝗿'𝘀 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲 The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. #mesacounty #realestatestats #grandjunction #grandjunctioncolorado #grandjunctionrealestaet

NW Seattle & SW Snohomish Real Estate Market Update | July 15, 2024 Housing Market Treading Water, Interest Rates Unchanged The 4th of July holiday is still having an impact on our local markets, which was expected. In NW Seattle, inventory levels remained pretty much unchanged, but grew by over 14% in SW Snohomish County. New listings were down by half in NW Seattle and down by nearly 22% in SW Snohomish. Again, not a surprise with the holiday. Homes going under contract were down by nearly a 1/3 for NW Seattle, but up by 9% in SW Snohomish County. This was actually a very pleasant surprise. Older inventory is getting absorbed out of the market, which is nice to see. This past week for NW Seattle, over 80% of the homes going under contract had been on the market for 10 days or more. This number isn’t too surprising given that 73% of the inventory has been on the market for over 10 days. SW Snohomish is faring a bit better. This past week 47% of homes going under contract have been on for 10+ days, and for the overall inventory, it is 63% of the listed homes have been on the market for over 10+ days. The 4th of July holiday is still having an impact on our local markets, which was expected. In NW Seattle, inventory levels remained pretty much unchanged, but grew by over 14% in SW Snohomish County. New listings were down by half in NW Seattle and down by nearly 22% in SW Snohomish. Again, not a surprise with the holiday. Homes going under contract were down by nearly a 1/3 for NW Seattle, but up by 9% in SW Snohomish County. This was actually a very pleasant surprise. Older inventory is getting absorbed out of the market, which is nice to see. This past week for NW Seattle, over 80% of the homes going under contract had been on the market for 10 days or more. This number isn’t too surprising given that 73% of the inventory has been on the market for over 10 days. SW Snohomish is faring a bit better. This past week 47% of homes going under contract have been on for 10+ days, and for the overall inventory, it is 63% of the listed homes have been on the market for over 10+ days. Read the full report at https://lnkd.in/djpFAkAF #SeattleRealEstate #SnohomishHomes #HousingMarket #RealEstateTrends #HomeInventory #NewListings #MarketUpdate #RealEstateStats #PropertyMarket #BrennerHill #BrennerHillRealEstate #WindermereRealEstate #SnohomishRealEstate #InterestRates #RealEstateNews #NWSeattle #SWSnohomish

🏘️ Pandemic Boomtowns: The Boom That Keeps on Booming! Remember when everyone said the bubble would burst in cities like Austin, Boise, Phoenix, and Salt Lake City? Well, think again! New CoreLogic data shows these pandemic hotspots are still holding strong: - Prices remain well above pre-pandemic levels - Boise saw a jaw-dropping 230% price appreciation from 2020-2022 - Homeowners have retained most of their equity gains What's driving this sustained growth? Affordability, outdoor amenities, and steady demand are keeping these markets resilient. Is your next investment opportunity hiding in a pandemic boomtown? Let's chat about the possibilities! #RealEstate #HousingNews #PropertyInvestment #HomeOwnership #HousingMarket

NW Seattle & SW Snohomish Real Estate Market Update | September 23, 2024 Market Picks Up, Interest Rates Hold Steady In NW Seattle, new listings nearly doubled from the previous two weeks. Sellers were waiting until after Labor Day weekend to go on the market, which created a flood of new listings. In SW Snohomish new listings were also up by 56% over the previous two weeks. Not to be outdone, Buyers were also very active in the past two weeks. Homes going under contract were up by nearly 109% in NW Seattle and were up by 54% in SW Snohomish. However, Buyers in NW Seattle were not able to keep up with the number of new listings that hit the market. This pushed inventory up by another 9%. Sold prices were up in both markets. But as I always say, two weeks is not a trend. As expected, the Fed did their first rate cut last week by a ½ a point. This is on the high side of what was expected. Interest rates had been coming down for the past few months but have held steady for the past 3 weeks. Have a lovely couple of weeks and we will be back in your In Box in October! See all the stats at https://lnkd.in/gPbd9Dia -Steve & Sandra And as always, if you have any additional real estate questions, feel free to call/text us any time! We're always here to help! Brenner | Hill Real Estate Windermere Real Estate /Northwest Steve — 206-769-9577 | [email protected] Sandra — 206-271-7100 } | [email protected] Brennerhill.com Equal Housing Opportunity #BrennerHill #BrennerHillRealEstate #WindermereRealEstate #RealEstate #MarketUpdate #RealEstateTrends #SeattleRealEstate #SnohomishRealEstate #PropertyInsights #WeeklyStats #HousingMarket #InterestRates #RealEstateListings #RealEstateNews #NWSeattle #SWSnohomish

Here is a little PSA for this Friday for anyone in Colorado (homeowners, buyers and sellers): Real Estate is in full swing. Part of a real estate transaction may be Radon testing. At this time, it is not a requirement throughout the state. Each town or county may have their own rules regarding Radon. We are seeing places like Aspen/Pitkin, Boulder, Summit where Radon is being taken seriously and municipalities are implementing requirements. The state of Colorado's Health Department now regulates who tests for Radon (must be certified through DORA). Below will be some important links regarding Radon testing and all authorities on the subject. I am sharing all of this because both the front range AND the western slope are seeing rise in temperatures this weekend. 100+ Some helpful information. Radon testing requires ALL windows closed (60 hours) to have a valid test result. You can run Central AC, box fans that plug in and ceiling fans. You CANNOT run swamp coolers, evaporative coolers or window units. Each of them pulls air from outside and directly effects Radon levels. Every summer, from Memorial Day to Labor Day, it is like pulling alligator teeth to get homeowners/sellers to comply with Radon protocols. I also put this on realtors. PLEASE make sure you communicate effectively and ahead of time to your clients. The EPA, Colorado Health Dept., and CDC all take Radon seriously and we should too. Cancer is no laughing matter. https://lnkd.in/gdUFPzEx https://lnkd.in/gymxBUVf https://www.epa.gov/radon https://lnkd.in/gJ-AeDM7

NW Seattle & SW Snohomish Real Estate Market Update | May 20, 2024 Sales and Interest Rates Dip Homes going under contract were down by 21% for the past two weeks in NW Seattle. This is most likely just a short-term blip since the previous two weeks saw a 31% jump in homes going under contract. The number of homes going under contract for the past two weeks is in line with the average trend for the year. At this point, we don’t think this is a cause for concern. All other data points for NW Seattle are up. Southwest Snohomish held steady over the past two weeks. They did see a decline in the sold price per sq/ft, but again not anything to be concerned about. Interest rates continue to slowly come back down and have been below 7% throughout May. We hope everyone has a lovely Memorial Day weekend! -Steve & Sandra And as always, if you have any additional real estate questions, feel free to call/text us any time! We're always here to help! Brenner | Hill Real Estate Windermere Real Estate /Northwest Steve — 206-769-9577 | [email protected] Sandra — 206-271-7100 } | [email protected] Brennerhill.com Equal Housing Opportunity #SeattleRealEstate #SnohomishRealEstate #RealEstateMarket #HomeSales #InterestRates #NorthwestSeattle #SouthwestSnohomish #WindermereRealEstate #BrennerHill

Data from June 2024 has ARRIVED - Here's what we're discussing when it comes to the local real estate market here in Boise, Idaho: 👉 When is housing inventory going to peak in the Boise area? 👉 Can we expect to see housing prices drop in the near future? Head over to our YouTube channel for the full scoop📺 Link in bio! #BoiseRealEstate #HomeBuyingTips #PropertyValue #RealEstateMarket

Data from June 2024 has ARRIVED - Here's what we're discussing when it comes to the local real estate market here in Boise, Idaho: 👉 When is housing inventory going to peak in the Boise area? 👉 Can we expect to see housing prices drop in the near future? Head over to our YouTube channel for the full scoop📺 Link in bio! #BoiseRealEstate #HomeBuyingTips #PropertyValue #RealEstateMarket