I had a clear concise list of actionable items on my end and never wondered where in the process we were or what came next. I am a transaction coordinator and Joe was great to work with! I cannot recommend Joe highly enough to anyone who needs a mortgage. Interestingly, this metric performs even better as we moved into May. Martin Selig Real Estate is excited about Seattle commercial real estate market trends in 2020 and what next year may bring to the company and market. Very competent and extremely well versed in the business. Any major negative movements in the stock market could propel this. Most of all, he is extremely knowledgeable and transparent. He made us feel like we were his only clients, communicating with us regularly and responding to our questions right away, either by phone or by email. Hot Homes can sell for about 3% above list price and go pending in around 5 days. Seattle Real Estate Trends – Episode 10 – 2/29/20 - Duration: 4:48. If we do, it would be exciting formortgage lenders to begin paying borrowers to borrow money. Thorough communication throughout the entire loan which made everybody's job easier. As a first time home buyer I felt especially grateful to have Joe in our corner. West Seattle Housing Market Trends. That’s almost $1,200 per month more than the national average. scenario. Type above and press Enter to search. Based upon our review of the current statistics for Seattle we are trending towards a seller’s market. If you’re looking for a mortgage broker, Joe is your man. Cascadia Disrupted is a week-long, virtual conference that will feature thought leaders in the real estate and built environment industries from Seattle, Portland, and Vancouver, BC. He got me the house at a time when I thought it wasn't possible anymore. What is the Seattle Jumbo Loan Limit in 2020. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. If a seller needs the money asap, then buyers get a hard money loan to close quickly. Tag: Seattle Real Estate Trends. I am an Account Executive for a large wholesale lender so I get the opportunity to interact with thousands of loan officers throughout every point in their career. Highly recommended. Thanks Joe! Home Buyer Checklist: 11 Basic Steps To Buying A Home. Many homes get multiple offers, some with waived contingencies. He helped us get a great deal for our refinance and shepherd the process from start to finish. I have compared his rates with discount mortgage companies. Seattle Home S Again Lower Than A Year Ago The Times . Homes are typically worth $602/sqft. The ongoing pandemic has taken a huge toll on people’s lives. We’ll maintain a nice balance between low rates and cheap loans and loan availability and access to credit. For the week ending 5/6/20, pending contracts were at 71% of the level for the corresponding week in 2019. They walked us through everything when we asked and powered through when appropriate. Fast track underwritting. High prices were already forcing many city dwellers to rethink their living arrangements, but the Coronavirus may force their hands to move sooner. 102 total homes available . He closed a conventional loan and refinanced my home quickly and with little hassle. Massive funds and life insurance companies are still very bullish on investing in the mortgage market. Joe and his team make the whole thing go as easily as possible, with competitive rates and no BS. Columbia City, Mount Baker & Seward Park. Won't use anyone else again! 84. Seattle Real Estate Market: Buy Price in Seattle: $351.8k - $15.7m Seattle Real Estate Trends 5/20. Homes sell for about 1% above list price and go pending in around 9 days. Up-to-date statistics on the King County, WA Real Estate market, including information about average listing price, average days on market, average price reduction, and more. Below are the links to real estate data for over fifty zip codes. FASTEST & MOST PROFESSIONALI've had the pleasure of working with Joe for almost two years and can easily say that he is one of the most professional and punctual loan officers I work with. Sometimes it is easier to understand the housing data by looking at it versus reading about it. What real estate trends are developing now? Home buyers are unlikely to find another moment like this in their lives when low rates and softer property prices are aligned and mortgage credit is so freely available. Thank you Joe! Once I closed on selling me house in California, Joe and his team helped me close on my new house near Seattle in a matter of hours (same day!). Redfin Compete Score ™ 0. Extremely Fast Service. For more evidence of a slowdown in the Seattle real estate market, we can look at the “median days on market.” This metric gives us some insight into how quickly homes are selling within a particular area (with the median being the midpoint). 506 2nd Ave, Suite 1400, Seattle, WA 98104, 506 2nd Ave, Suite 1400, Seattle, WA 98104. The most influential factor impacting the Seattle real estate market in 2020 is the presidential election. It’s more likely that the air of uncertainty will impact the stock market and housing market. Runs all the number with you until everything is clear. 98144. Home Buying (78) First-Time Home Buyers (51) Mortgage News (25) Mortgage Refinance (20) Seattle Real Estate (48) Uncategorized (1) Washington Mortgage News (12) Washington Real Estate (16) Laura Hjellen. A 12-Step Guide to Buying Your First Home. Very minimal work was needed on my end and I had cash out funds and closed within three weeks of beginning my refinance.I would definitely recommend Seattle Mortgage Brokers for anyone trying to buy, refinance, or sell their home. His rates match, or if not, even beats these discount groups, plus you get someone who knows what he’s doing on your side. He's always looking out for the client's needs and never stops working for you! I would... Joe and Adam made getting a home mortgage easy, painless, and actually rather fun...they like to send crazy video messages. I have referred a client to him already and will work with him myself in the future. Affordability of Living in Magnolia, Seattle, WA. Seattle Area Housing Market Splits Into 2 Dramatically Diffe Pieces The Times. He is very efficient and proactive. This sequence was great, because I felt valued as a customer - but it wasn't a high-pressure "you need to refinance!" That means liquidity and ultimately more money for mortgage borrowers to use. Joe offered us lightning fast service that went above and beyond. November 19, 2020. He will always find the best interest rate and even after closing if you have questions/problems he is right on it!I appreciate all Joe has done for me to make sure my loan goes through! The process was so smooth. Whether you experience issues driving your GMC Sierra or have a warning light illuminated,…, Decorating your home on a tight budget is a process that requires some planning when it comes to the ability…, Enter your email address below to subscribe to my newsletter. The best mortgage broker in the Seattle area... Period! You did a great job of educating me and guiding me through what was going on without me feeling incompetent for not knowing what was going on. After a horrible experience with a credit union, we risked losing out on our new home. We’re unlikely to see these rates in the US mortgage market. Joe and Adam were great. Median condo prices across the county are down 3.4% year over year, to $400,000 in July. Joe also connected me to the realtor that was a perfect fit and rounded out a truly effective team. Email: joe (at) seattlesmortgagebroker.com, NMLS 209726 Within a span of a few days, people have…, MLM or Multi Level Marketing companies are also referred to as Pyramid Marketing, Referral Marketing or network marketing. Greater Seattle Real Estate Trends. www.nmlsconsumeraccess.org If you would like Seattle real estate trends for a neighborhood or housing type just let me know! 2019 Seattle Real Estate Market Predictions. That person was Joe. It’s more likely that the air of uncertainty will impact the stock market and housing market. Seattle's home resale inventories is 1,878, which decreased 11 percent since October 2020. They responded timely to my questions and concerns and I had absolutely no problems during the loan approval process. If you don't believe me, give him a call and see for yourself. Meanwhile the median King County home sold for $680,000, down 2.7 percent over 12 months. He flawlessly guided my clients through the loan process and when they bought a high end home, he had their jumbo loan ready to close in less than 3 weeks! Sending your financials over to a stranger can be a humbling experience but Joe and his team never made us feel anything but confident and supported. We'll show you how to read between the lines. Create New Account. Submit. Seattle Real Estate Price Trends, Housing Market Forecast for next months and years If you are looking for the best real estate investment opportunities in the State of Washington, Seattle City can be a an acceptable option. 4:48. He is on top of his game and makes me feel like his #1 priority. Always a quick response by text, email, or phone. On average, residents can expect buying a home is still cheaper than renting if they live in the same place for at least two years. In my 15+ years in the industry, he is hands down the best mortgage broker I have ever worked with, and he happens to be local to the Seattle Washington area! This being at least the 5th time we have gone through this process I appreciated that, somethings I needed more information but most I just wanted completed as soon as possible. We ended up getting an interest rate we were thrilled with and closed in 21 days on our dream home. See Homes in Neighborhoods Near Seattle, WA. Homes are typically worth $608/sqft. I never thought we'd qualify for as much as we did and as quickly but Joe was determined! As a result, we could see vacancies increase and prices decrease within Seattle. Meanwhile the median King County home sold for $680,000, down 2.7 percent over 12 months. Here we are again, through another year and on to 2019. Area 380 - Central Seattle SE. Terry Vehrs Windermere Real Estate. Reach out to Joe if you are in the market for a mortgage or refinance, you won't regret it!!! Looking out to the suburbs again, buyers may find that house prices are much cheaper, but rents aren’t much different. Based upon our review of the current statistics for Seattle we are trending towards a seller’s market. My first mortgage in nearly twenty years and it went off without a hitch. Seattle Commercial Real Estate News . Working with Joe made the whole refinancing experience easy from beginning to end. Magnolia. Learn about the Seattle, WA housing market through trends and averages. 100. Community See All. Cant say enough great things about Seattle Mortgage Brokers. Very Competitive. He is on top of it all the time and gets back to you immediately. Definitely recommend. - Duration: 4:46. After working with bankers and brokers, one after another, I almost gave up on the idea of ever getting a house at such a young age. Many financial experts predict 2020 will be the year it shows up. Spring is usually one of the busiest times of the year for the real estate industry. Give him a shot and you won't regret it. Thus, he gave me a list of instructions to improve my credit within a few days, then he re-ran my credit, giving me a more favorable interest rate. Whatever you do, don’t just sit on the sidelines and miss your chance to make a great move. Thank you! Home; Sign In; Register; Blog; Financing; Contact (253) 656-6966; Search All. He then sent a quick video message directly to me to follow up. Real Estate. Homes are typically worth $608/sqft. Capitol Hill. 101.1% +1.3% year-over-year. He was very quick to respond to any questions and made the process very smooth for us. New York City and San Francisco have been in the news for suffering even deeper cuts. Nov 24, 2020, 10:47 pm PST . 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