Local Love

Bellevue Real Estate Local Market Update – December 2021 While the housing market typically slows down in the winter, fewer buyers are taking a break this year. High demand and scant inventory still favor sellers, who continue to see multiple offers. In one bright spot for buyers, home prices – while up from over a year ago – appear to be evening out in […]
Bellevue Real Estate Local Market Update – November 2021 As we head towards the end of the year, the housing market traditionally slows down. This year activity was even slower than normal, with record-low inventory and correspondingly fewer sales. Prices aren’t appreciating at the pace they were in the spring, but they continue to be up as compared to a year ago.  While potential […]
Bellevue Real Estate Local Market Update – October 2021 We had a rise in listings in September, but that didn’t stop the inventory from being tight. With a large buyer demand, shortage of homes for sale, and low interest rates, the prices remained higher than the last year. However, as we head into the holiday season, we tend to see a slow down in […]
Bellevue Real Estate Local Market Update – September 2021 As the seasons get chiller, according to Windermere Chief Economist, Matthew Gardner, so are the prices in this market with the median listing prices and sales prices in August even the slightest bit lower than in the month prior. Gardner has even said himself that he believes “that this is because we are hitting a […]
Bellevue Real Estate Local Market Update – August 2021 As the temperature went up, so did the amount of homes on the market. With more homes and less multiple offers in comparison to last year, we’re starting to see even the slightest ease in this competitive market for buyers. While there was a small increase in homes for sale in July, inventory remains very […]
Bellevue Real Estate Local Market Update – July 2021 With the slight spike in the amount of listings in June, it seemed as though there may have been the smallest glimpse of hope for homebuyers. However, it’s still hard to predict whether this trend will continue. Despite the slight spike the inventory is still less than the demand, and our beloved Puget Sound region […]
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