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Bellevue Real Estate Local Market Update – March 2025 February typically brings a quiet real estate market, though this year, the balance between affordability and inventory shaped activity across the Puget Sound. While 30-year mortgage rates dipped slightly from January, rising home prices remained a challenge for buyers, potentially tempering demand. Despite a significant increase in active listings compared to last year, closed sales […]
Bellevue Real Estate Local Market Update – February 2025 The start of the year is typically a quieter time for the housing market, but this year continued the trend of year-over-year growth. Across all of our Puget Sound area markets, active residential listings increased significantly – both month over month and year over year – bringing much-needed inventory to buyers. While rising supply often […]
Bellevue Real Estate Local Market Update – January 2025 Despite a wet and windy holiday season, buyers remained active in December. According to NWMLS data, showings and keybox usage increased by 3% and 6% year over year, respectively. Active listings saw double-digit percentage increases across all four markets compared to the previous year, providing buyers with more options. As is typical, there was a […]
Book Club WBC Book Club 2024 Wrapped Welcome to the WBC Book Club, where your favorite Admins & Agents share our favorite books of the moment! From fictional adventures to inspiring true stories, you can find it all right here on the WBC blog. You may notice that the format of our book recs look a little different than most, but that’s […]
Bellevue Real Estate Local Market Update – December 2024 As the holidays approach, we’re in a season known for a natural slowdown in real estate market activity. While month-to-month declines in active listings and closed sales are expected at this time of year, these fluctuations don’t suggest a downturn. In fact, last month saw an increase in year-over-year closed sales, signaling a healthy market […]
Design The Art of Hygge When the weather outside gets frightful, it’s time to get cozy inside! Whether you are a renter, a new homeowner or long-since settled into your space, you can easily create a cozy haven to combat the dreary winter days. You might remember the term “hygge” from last winter’s literary listing, The Little Book of Hygge: […]
Bellevue Real Estate Local Market Update – November 2024 Typically when fall rolls around, our local real estate market begins to cool. Last month, however, perhaps in response to lower mortgage rates, home buyers jumped excitedly into the market and sellers responded to the increased demand by listing their homes and pushing up the supply available to those buyers. Despite the addition of these […]
Bellevue Real Estate Local Market Update – October 2024 Our local real estate market has remained quite active so far this fall, with positive things happening for both buyers and sellers. Last month, every region in this report saw substantial year-over-year increases in the number of pending home sales. Residential inventory also rose in September, which is good news for buyers. And good for […]
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Bellevue Real Estate Local Market Update – September 2024 In the waning days of summer, the local real estate market saw rising sold prices, declining mortgage rates and rising inventory. The price trend shows that sellers are still seeing gains by listing their homes. The rate and supply trends are motivating buyers to be active in the market this fall. As of the second […]
Bellevue Real Estate Local Market Update – August 2024 The lazy days of summer are upon us, but home and condo sales are not the least bit idle. Just last month every area in this report saw more homes sell and for higher median prices than a year ago. And this month we’ve witnessed the year’s single biggest one-week drop in mortgage rates, which […]
Bellevue Real Estate Local Market Update – July 2024 As temperatures rise, so has the supply of for-sale homes in our area. Last month, active inventory continued its upward trajectory, which is leading to some summer price stabilization. Every region represented here saw a rise in the number of single-family homes and condos for sale in June. And while median sold prices did increase […]
Bellevue Real Estate Local Market Update – June 2024 The numbers are in, and last month’s real estate sales data in our region told two tales. The first is of a market that has had far more demand than supply, with rising prices and quickening market times reflecting this imbalance. The second tale is of a market attracting the attention of sellers eager to […]
Bellevue Real Estate Local Market Update – May 2024 Our local real estate market is exhibiting seasonal strength, with most areas seeing month-over-month and year-over-year sales gains. Despite continued interest rate increases, which can constrain both buyers and sellers, the number of closed transactions in King and Snohomish counties has risen for three straight months. This suggests that both sides of the table are […]
Book Club Books Set Around the World Welcome to the WBC Book Club, where your favorite Admins & Agents share our favorite books of the moment! From fictional adventures to inspiring true stories, you can find it all right here on the WBC blog. You may notice that the format of our book recs look a little different than most, but that’s […]
Bellevue Real Estate Local Market Update – April 2024 It’s the time of year when for-sale signs typically start popping up like tulips and daffodils. Houses show well in the spring, just as the number of homebuyers peaks and sellers feel more ready to list. While we are seeing the market thaw this spring, challenges remain, especially for buyers. There remain more buyers in […]
Bellevue Real Estate Celebrating Women in Real Estate Happy Women’s History Month! Did you know that women make up 62% of the National Association of Realtors? Since the first woman was admitted to the NAR in 1910, the number of women practicing real estate has continued to grow, leading to a rise in female-led real estate start-ups and an increase in female leadership. […]
Home Buying Real Estate Market Update – February 2024 WBC Designated Broker, Cortney Adams, offers a quick break-down of recent market stats for February 2024. Keep reading to learn more!   The market it is heating up as we head into the Spring!  This is typical as we have seen more properties becoming available and a few more options for would be buyers.  The […]
Bellevue Real Estate Local Market Update – March 2024 Seasonal changes are starting to take shape across the region and the local real estate market is experiencing cautious optimism. As we transition from winter to spring, home and condo sales are increasing, in both units and price. Low inventory means motivated sellers are finding success in about a week’s time, while buyers thread the […]
Book Club Binge-Worthy Books vs. Mini-Series Welcome to the WBC Book Club, where your favorite Admins & Agents share our favorite books of the moment! From fictional adventures to inspiring true stories, you can find it all right here on the WBC blog. You may notice that the format of our book recs look a little different than most, but that’s […]
Bellevue Real Estate Local Market Update – February 2024 Like some plants and trees, the local real estate market is starting to bloom. Last month, median residential sold prices increased in each of the four geographic areas covered below. That’s welcome news for intending home sellers, who are also benefitting from continued low inventory region-wide. At the same time, local buyers are seeing stabilizing […]
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