Northwest Land Team Newsletter Q1 2022

Posted May 3, 2022

Builder's Confidence National Home Builder Index - 77 (Apr. 2022) *The NAHB/Wells Fargo Housing Market Index (HMI) (Scale 0-100) https://vimeo.com/673497396 Seattle's Real Estate Market A high of 71% of homes in Seattle sold over asking last month, with most of those on the market for an average of just 5 days. Let’s connect to see how you can buy or sell in this hot market. The Gardner Report Q1 2022- Click here to view Interested in selling your land? Contact the TEAM for insights regarding your property!Team@nwlandteam.com206.639.9283 Seattle's Development Real Estate Development news in Seattle Over the last quarter, Seattle's real estate market has accelerated in average home prices, interest rates rose to new highs, and we finally have concrete workers back to work. Ending the 1st quarter of 2022, Seattle is still sitting at around less than 1 month of inventory with a year over year price increase of 14% to 18% depending on the metrics and...[ Read More ]
Northwest Land Team Newsletter Q4 2021

Northwest Land Team Newsletter Q4 2021

Posted February 10, 2022

Builder's Confidence National Home Builder Index - 83 (Jan. 2022) *The NAHB/Wells Fargo Housing Market Index (HMI) (Scale 0-100) https://vimeo.com/673497396 Seattle's Real Estate Market Home prices have stabilized in Seattle, but demand is still high and inventory is very limited.  Get in touch and I can give you a detailed overview of the neighborhoods that you are interested in. The Gardner Report Q4 2021- Click here to view Interested in selling your land? Contact the TEAM for insights regarding your property!Team@nwlandteam.com206.639.9283 Seattle's Development Real Estate Development news in Seattle Over the last quarter, Seattle's real estate market has continued to see lower housing inventory, never ending concrete strikes, and interest rates on the rise! Ending the 4th quarter of 2022, Seattle is still sitting at around less than 1 month of inventory. This is mainly due to the normal seasonality of Seattle real estate. In addition, homeowners don't want to sell because there is nothing for them to upgrade/downgrade. As we are seeing the bidding...[ Read More ]

Northwest Land Team Newsletter Q3 2021

Posted November 10, 2021

Builder's Confidence National Home Builder Index - 80 *The NAHB/Wells Fargo Housing Market Index (HMI) (Scale 0-100) https://vimeo.com/642467511 Seattle's Real Estate Market While home prices are cooling a bit, inventory is still very tight. How does that affect your plans? We can get you the latest data and help you determine the next steps. Reach out and we can get started. The Gardner Report Q3 2021- Click here to view Interested in selling your land? Contact the TEAM for insights regarding your property!Team@nwlandteam.com206.639.9283 Seattle's Development Real Estate Development news in Seattle Over the last quarter, Seattle's real estate market has continued to see record low housing inventory, supply chain issues, and a new mayor! Ending the 3rd quarter of 2021, Seattle is still sitting at around less than 1 month of inventory. The main reason for this, is due to homeowners still not wanting to sell because there is nothing for them to upgrade/downgrade into and simply a larger demand than supply. As...[ Read More ]

Northwest Land Team Newsletter Q2 2021

Posted November 9, 2021

Builder's Confidence National Home Builder Index - 80 *The NAHB/Wells Fargo Housing Market Index (HMI) (Scale 0-100) https://vimeo.com/580473605 Seattle's Real Estate Market Seattle remains one of the hottest real estate markets in the country, with homes still receiving multiple offers and selling for well over asking price.  What’s the market like in your neighborhood? Get in touch and I can put together a detailed overview of the area you’re interested in.  The Gardner Report Q2 2021- Click here to view Interested in selling? Contact us for insights on your property!Team@nwlandteam.com206.639.9283 Seattle's Development Real Estate Development news in Seattle Over the last quarter, Seattle's real estate market has seen record low housing inventory, construction prices begining to soften off their peaks, and a new name change to single family zoning. Ending the 2nd quater of 2021, Seattle is sitting at around less than 1 month of inventory. One main reason for this, is due to homeowners not wanting to...[ Read More ]
Quarterly Northwest Land Team Newsletter: Q1 2021

Quarterly Northwest Land Team Newsletter: Q1 2021

Builder's Confidence National Home Builder Index - 83 *The NAHB/Wells Fargo Housing Market Index (HMI) (Scale 0-100) NWLT Seattle Home Builder Index - 67 *Survey data sourced inhouse from 21 developers building in the city of Seattle. (Scale 0-100) https://vimeo.com/539815145 Seattle's Real Estate Market Despite a bump in new listings, Seattle still has only two weeks of available inventory. Strong demand and lack of supply has resulted in multiple offers, escalation clauses, and record-breaking prices. Reach out to us if you’d like more details about your specific neighborhood. The Gardner Report Q1 2021- Click here to view Interested in selling? Contact us for insights on your property!Team@nwlandteam.com206.639.9283 Seattle's Development Real Estate Development News in Seattle Over the last quarter, Seattle has seen an increase in builder confidence. Optimism regarding Covid-19 and the continuously strong demand for housing, as well as the low inventory is driving this trend. The city is still in a desperate need...[ Read More ]