5 Reasons to Love Using A Real Estate Pro [INFOGRAPHIC]

5 Reasons to Love Using A RE Pro [INFOGRAPHIC] | Simplifying The Market

 

Highlights:

  • Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!
  • They are there for you to help with paperwork, understanding the process, negotiations, and helping you with pricing (both when making an offer or setting the right price for your home).
  • One of the top reasons to hire a real estate professional is their understanding of your local market and how the conditions in your neighborhood will impact your experience.
Posted on February 10, 2018 at 6:41 pm
Ted Mansfield | Category: Buying a home, Finance, Investment, Mortgage, Real Estate, Selling your home | Tagged , , , ,

Outdoor kitchens & living spaces

 

 

Outdoor spaces are all the rage now. These outdoor kitchens, whether a BBQ and small fridge or a full on kitchen, show a shift toward more family and communal space than previously seen. Often paired with these kitchens are actual outdoor covered living spaces, sometimes complete with fireplaces and TVs. What a great way to spruce up your back yard and create great spaces to spend time with your family and friends!

 

Posted on July 17, 2015 at 10:57 am
Ted Mansfield | Category: Kitchen, Outdoor, Patio | Tagged , , ,

Local Market Update – June 2015

Local Market Update {June 2015}

Home sales are booming, but the local market is starving for inventory. Areas close to city centers are particularly hard hit. Homes are selling within days, often for well over asking price. It’s an incredible market for sellers. If you’re considering selling your home, this is an excellent opportunity to get a premium price for your property.

• The number of closed sales (agreements that have been signed but not yet closed) in King County increased 15 percent over last May.

• Home prices continued their march upward.

• May was the seventh consecutive month of record-low inventory.

Eastside

Click image to view full report.
Click image to view full report.

High demand and low supply pushed the median price of a single family home on the Eastside up 6 percent over last year to $655,000. Sales were up, further depleting the already limited inventory. With just one month supply of homes available, the Eastside remains a very strong seller’s market.

Seattle

Click image to view full report.
Click image to view full report.

Nowhere is inventory tighter than in Seattle. The city has just two weeks of available homes on the market —37 percent less inventory than last May. Sales soared, and with more buyers competing for fewer homes, prices soared as well. The median home price jumped 14 percent to $559,950.

King County

Click image to view full report.
Click image to view full report.

For the third month is a row, King County had less than one month of available inventory. (A supply of three to six months is considered balanced.) There were 21 percent fewer homes for sale in May as compared to the same time last year. That scarcity helped push home prices up almost 9 percent over last May to $480,942.

Posted on June 8, 2015 at 1:23 pm
Ted Mansfield | Category: Investment, Mortgage, Uncategorized | Tagged , ,