Apparently Snoqualmie Ridge homeowners have gotten the message - "NOW is a great time to sell your home!" During the month of April, new listings for resale homes and pending sales literally “skyrocketed” compared to previous months and years. New listings more than doubled, while pending sales were just shy of doubling as well. For homeowners who are considering placing their home on the market, inventory still remains at historically low levels. Buyer demand … [Read more...]
Look at her... she's shocked and upset! And rightfully so. She just learned she lost about $20,000 by pricing her home too low, and accepting the first offer. Well, not really... we don't know who she is. But, she did a great job in this photo session, as her face certainly fits the circumstances. Don't be like her... Are some Snoqualmie Ridge home sellers potentially leaving money on the table? You read the following, and decide for yourself. Sold in 1 Day - Hip, … [Read more...]
Currently own a smaller home at Snoqualmie Ridge and feeling a bit “squeezed?” Thinking of buying a bigger house? Move-up home buyers have a great opportunity going into 2013 at Snoqualmie Ridge due to the VERY strong demand for homes priced at, or near $400,000, compared to the somewhat weaker demand for homes priced above $500,000. To demonstrate the move-up opportunity compared to years past, let’s compare the number of sold homes at Snoqualmie Ridge in 2006 … [Read more...]
New Listings Under $400K in High Demand Pending sales at Snoqualmie Ridge increased in November, and demand for pre-owned homes under $400,000 is exceptionally high, as we experience the lowest available inventory in that price-range in a few years. Fortunately, we've reversed what we discussed in November's market update for Snoqualmie Ridge, when the overall dynamics turned negative. Pre-Owned Pending Sales Increase - Inventory Remains Tight Compared to … [Read more...]
October Home Sales Drop Sharply - Sellers Should Remain Conservative! Well in Snoqualmie Ridge anyway, it appears we've come to a screeching halt on the sale of pre-owned homes in October. (Pre-election jitters perhaps?) The momentum we spoke of through the summer, and in October's market update for Snoqualmie Ridge pretty much evaporated over the past few weeks, with half the number of closings, an increase in new listings, and slightly increased inventory. … [Read more...]
September Home Sales Drop Slightly as "Fresh" Inventory Shrinks The momentum we spoke of in September's market update for Snoqualmie Ridge has slowed down just a bit, with fewer closings and essential "flat" new listings in September. Pending listings are also down, likely due in large part to fewer "fresh" listings coming up for sale - many buyers feel they simply don't have enough to choose from in order to make a purchase at this time. Regardless, inventory … [Read more...]
