Latest Housing Trends

Welcome to my most current Housing Trends blog. This blog is specially designed for you, my loyal blog readers, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.  Please click on this link to view the latest in Housing Trends for February 2015 http://wendywonder.housingtrendsenewsletter.com  The link contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources. It is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.  If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:  http://wendywonder.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0  Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Please let me know if you need help with any real estate investment in the Seattle market. Happy Investing! Wendy Ceccherelli Home Land Seattle PO Box 221013 Seattle WA 98122 4252707292 HomeLandInvestment@gmail.com  to unsubscribe.HomeLandInvestment@gmail.com

Seattle Housing Market Trends

There were 490 residential real estate transactions in Seattle in the last 30 days with a median selling price of $480,000, as compared to 502 transactions with a median price of $440,000 in the same time period in the previous year. So the number of transactions appear to be slowing slightly, while sales prices are generally up by 9% or so.

What does this mean for the long term? While I don't have a crystal ball, I do pay attention to transaction numbers, which do seem to indicate whether the market is picking up steam or slowing down. If interest rates go up in 2015, expect that to have a negative impact on both prices and numbers of real estate transactions.

And with changes in how FNMA and FHA appraise properties for mortgage lending, expect to see fewer properties appraise at higher prices. This will force a downward trend on the market. See this link here to learn more about how the new underwriting changes may affect the housing market.

Yet opportunities exist for the savvy real estate investor in any kind of market. Keep reading this blog to learn about investment opportunities that I think are worth pursuing in the Seattle market of today.

Happy Investing!