Blog

3
Mar

30 Year Fixed Mortgage Rates at Three-Month Low

Mortgage rates tend to fluctuate based on a variety of social and economic factors. In late February, the average new mortgage was carrying an interest rate of 3.85 percent, which is historically a very low and favorable rate. Although the Federal Reserve has said that they intend to raise the prime interest rate in the near future, their most recent

Read more

21
Feb

Seattle is the Hottest Housing Market in the U.S. – What That Means for Homebuyers

One would have to live under a rock to not know that housing prices have been skyrocketing in certain cities across the nation over recent years. San Francisco and New York markets have seen mortgages and rents rising to unaffordable heights for many long term residents. However, other formerly hot cities have seen a slowing trend toward the end of

Read more

18
Jan

Seattle’s Apartment Boom Will Explode in 2017: What That Means for Rents

For the last 50 years, the number of apartments added to the metropolitan area of Seattle, annually has been relatively constant and unremarkable. However, as most who live in Seattle today can tell you, since Amazon moved in, so has everyone else. In 2017 alone, the plan is to add 10,000 more apartments, double the amount in 2016, and 2018

Read more

10
Jan

Seattle Neighborhood Spotlight: Madison Valley

A hidden gem with a European vibe, Madison Valley is located north and east of Capitol Hill, and is enclosed on the north by The Montlake Cut, Lake Washington on the east, and downtown Seattle and I-5 on the west. You don’t really pass through Madison Valley to go anywhere but there, so it is a slower destination neighborhood than

Read more

20
Dec

What to Expect in Seattle Real Estate in 2017

Seattle has been experiencing a stronger than average real estate market, when compared with other cities in the United States. With the Federal Reserve recently increasing the prime rate, there’s a risk of a national cool down of the real estate market. Thankfully, due to an overall population increase in the Seattle area and the rise of Seattle technology companies,

Read more

7
Nov

Seattle Neighborhood Spotlight: Greenwood

Located in the north end of Seattle, a Greenwood is a lovely tree lined destination with a robust commercial center that is good for a great meal or cup of Joe. Greenwood boasts a great selection of hip bars, quirky coffee houses, restaurants, and fun shops. Boundaries commonly recognized are N. 80th street to the south (just north of Phinney

Read more

18
Oct

Fall 2016 Seattle Real Estate Market Roundup from a Local Mortgage Broker

Home prices the real estate markets in many populous cities in the western United States have been at an all-time high for several years now. Seattle was the U.S.’s fastest-climbing housing market in August of this year, according to Redfin. And it’s still rising. In September, median home prices in and around Seattle rose 10.3 percent to $630,000, from last

Read more

19
Sep

Top 4 Most Extravagant Local Celebrity Homes

Seattle residents are lucky to call several celebrities neighbors, from singers to athletes to tech moguls and beyond. Naturally, behind these wealthy and successful stars are some notably extravagant living quarters. Here are four homes that stand out as some of the most luxurious. 1. Hope Solo The world champion and Olympic gold medalist goalie is selling her stunning Kirkland home on

Read more

17
Sep

Housing News: What the New Housing Levy Means for Seattle Residents

On August 2, 2016, Seattle residents voted to approve a new housing levy worth $290 million over the course of seven years to help support affordable housing. This levy, also called Seattle Proposition Number 1, passed with an impressive 68% of voters casting their ballots in favor of the increased housing levy. Local lawmakers are applauding city residents for voting

Read more

12
Sep

The Complete Guide to Moving to Seattle

No matter your reasons for considering Seattle as your next home, you’ll hardly be alone as a newcomer. A booming tech industry has drawn thousands of new residents to the Emerald City in the last 5 years, but despite what any current Amazonian might tell you, there’s plenty to do outside of work. Seattle is teeming with exciting events, activities,

Read more