Housing Supply vs. Home Sales
Homes sold fastest in Seattle, Washington, where they spent just 17 days on market (DOM). Other markets where homes sold the fastest were San Francisco, California (20 DOM), Denver, Colorado (21 DOM), and Omaha, Nebraska (22 DOM).
Source: MReport
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Homes sell faster in Seattle than in any other U.S. real estate market, according to Trulia report
Like New York, Vancouver and San Francisco, Seattle is now attracting foreign investors who want to buy luxury-priced real estate at the top of the city’s new residential towers.
Source: The Seattle Times
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Homes sell faster in Seattle than in any other U.S. real estate market, according to Trulia report
“When a for sale sign went into the yard of the house across the street from mine recently, I figured it would be a busy few weeks as interested home shoppers took a look. Four days later, the house was marked as sold. Such is life in Seattle’s hot real estate market.” – guess it’s not a surprise to Seattle realtors!
Source: Geekwire
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Soaring prices are pushing millennials out of the Seattle housing market
This is how hot Seattle Real Estate Market is.
Source: The Seattle Times
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Seattle hits 18 months as nation’s hottest housing market with no signs of slowing down
Seattle has held the title of the nation’s hottest housing market for 18 months and counting, as continued population growth powered by the region’s tech boom and few available homes keep prices soaring.
Source: GeekWire
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House Flipping 101: Kent Clothier's Bulletproof SaaS For Making Money In Real Estate
Reverse wholesaling is just a fancy way of saying that you've found cash buyers with the intention of purchasing specific homes with specific criteria in certain areas. Armed with this knowledge and those relationships, you can quite easily remove the risk from the equation by seeking homes that qualify and meet the needs of these investors.
Source: Forbes
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A potted history of proptech
Now the definition of proptech is as broad as can be, with startups attempting to disrupt every part of the industry – how we build, market, transact, fund, manage and then sell property.
Source: PropertyGuru
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How Are Fintech And Proptech Changing The Real Estate Industry In 2018?
The two technologies, proptech & fintech, are making the process of buying a home more intuitive and convenient.
Source: Forbes
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Construction Risk Management Critical In Turbulent New York Market
Construction risk management is an essential component of maintaining budgets, monitoring construction progress and milestones, as well as evaluating subcontractors.
Source: GlobeSt.com
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Six Things You Must Do To Oversee Your Passive Real Estate Investments
As a sophisticated investor, there are things you should be doing to understand your investments and ensure they are performing as you hoped.
Source: Forbes
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Good news: Seattle buyers like our homes. The bad news: Seattle buyers like our homes.
Low home inventory in Pierce County most likely will persist into next year because of our cheaper real estate compared with Seattle/King County, according to one broker’s predictions.
David Montesino Staff file, 2017
Source: The News Tribune
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Tech accounted for 93% of Seattle office jobs added over the last two years, report finds
Seattle observers are well aware of the tech industry’s role in the city’s economic boom, but a new report takes it to a new level, finding that more than nine of every 10 office jobs created over the last two years came from the tech sector, more tech jobs than any other single market in the survey.
Source: GeekWire
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$500,000 for a 1-bedroom: Condo shortage worse than ever in King County
King County condo prices continued their hot streak, rising 17.1% in November from a year prior. The typical condo now costs $453,000; just three years ago, it was under $300,000.
Last month, the median of Single family home in Seattle was $741,000, which was 20.6% higher comparing to November last year.
Source: The Seattle Times
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Seattle rents now rank among top 5 most expensive in U.S.
Seattle is — for the first time — among the five most-expensive big cities for renters. The median price jumped to $1,448 last year, an increase of $92 from 2015.
Source: The Seattle Times
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You Will Never Guess Where Home Prices Are Shooting Up the Most
“There’s a lot of demand in the (Seattle) market, and new construction is having a hard time keeping up,” says realtor.com's Chief Economist Danielle Hale.
Source: realtor.com
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Why Seattle Real Estate Will Maintain Its Hot Streak
Seattle is one of the fastest-growing cities in the US with employment and investment opportunities abound. In addition, Seattle boasts burgeoning arts and entertainment, making it an attractive city for consumers and job seekers.
Source: Forbes
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Seattle is the new San Francisco
For nine months in a row, Seattle has been leading the nation in home price appreciation with values rising 12.4 percent over the last year.
Source: Inman
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Seattle seen as America’s hottest real-estate market for 2018
Seattle has long been in the top 10 metro areas in the influential “Emerging Trends in Real Estate” study put out annually by PwC and the Urban Land Institute. Last year, looking at 2017, the report rated us No. 4. The new forecast, released today, places Seattle No. 1 for next year.
Source: The Seattle Times
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