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Potential Housing Trends In 2015
Every year we read articles forecasting what the upcoming year will bring. A lot of the predictions come from looking at the past years trends and analyzing that data for the upcoming months. Over the past 18 months, many analysts have predicted an increase in interest rates and large pocket of new real estate inventory to hit the Washington market. As real estate professionals, we have waited and we have waited. Interest rates have not risen to above the 5% mark, in fact, they actually took a dip in the early parts of December 2014. Inventory, especially in King County has remained extremely tight causing bidding wars and a steady increase in median homes prices. CNBC has provided us with a great look into the potential trends we need to be on the lookout for in 2015. Enjoy!
Fall is Here!
This weekend I was able to get out of town and visit a friend in Desert Aire, Wa. I have not seen my friend for a few months as he lives in Alaska. We met up at his vacation home in Eastern Wa. with a few of our other friends! His "vacation" house in incredible on many level from the pool to the golf course view, but one feature I especially fell in love with; The Fire Pit. As we sat outside with the cool Autumn air upon us, the fire pit kept us warm, not only phycisally, but something warm on the inside as well! It made me think about fall and other fire pits designs! Check them out here!
http://www.apartmenttherapy.com/outdoor-entertaining-5-fire-pits-for-fall-210632
Fall is Here!
This weekend I was able to get out of town and visit a friend in Desert Aire, Wa. I have not seen my friend for a few months as he lives in Alaska. We met up at his vacation home in Eastern Wa. with a few of our other friends! His "vacation" house in incredible on many level from the pool to the golf course view, but one feature I especially fell in love with; The Fire Pit. As we sat outside with the cool Autumn air upon us, the fire pit kept us warm, not only phycisally, but something warm on the inside as well! It made me think about fall and other fire pits designs! Check them out here!
http://www.apartmenttherapy.com/outdoor-entertaining-5-fire-pits-for-fall-210632
Millennials staying put? Good insight on large group of future homebuyers!
With Millennials making up about 1/4 of the US population, it is interesting that a larger number of this population is not moving out on their own. How will this affect the real estate market in your area?
