Buyers and Sellers have been very very curious to see how 2023 so going to go. Headlines have tried to spell “Gloom and Doom” however that is just NOT the case, at least in the Puget Sound and WA state generally speaking. The urban cores of Seattle, Bellevue and Kirkland are already seeing multiple offers and quick closings on homes and condos that are truly renovated mov in ready and priced properly.
When interest rates starting going below 6% recently buyer loan apps quadrupled in our area. This is the truest sense that qualified buyer demand and interest in this area is still really high even after tech layoff announcements and other potential negatives have surfaced,
As I have opined in previous articles the desire to live in key areas of WA state is still very high. This state is positioned for the future economy, growth and stability better than just about any other state in the country. Why? Great job market, outstanding outdoor activities nearby, “safe” four seasons weather as compared to the midwest and the south, stable hydroelectric power system, strong agriculture and a diverse population
Here is Mike’s Full Real Estate News release that goes to his clients and now made available for your perusal and to share to those you care about most.
https://mailchi.mp/8df844204c5a/itching-to-hear-what-is-real-estate-doing-now
https://michaeljlink.withwre.com/listing/167332940