seattle real estate trends

That alone is thousands of dollars in savings per year on any home purchase.5) He has a “whatever it takes to get it done” attitude- Now, I’m not talking about only working late, which I’m sure a handful of the good ones do. Press Esc to cancel. Definitely recommend. I’m talking about getting a conventional loan closed in less than 10 days. There are 589 homes for sale in Tacoma with a median price of $356,177, which is an increase of 9.6% since last year. That was the smartest decision we could have made. Very competent and extremely well versed in the business. Joe saved me about 30K in hard money costs because he was able to get approval on a deal I was working on in 2 days- faster than hard money and without the exorbitant cost.If you have read this far, stop reading reviews, pick up the phone and call Joe: he is fast, efficient, you will save tons of money working with him and he will get your deal closed on time.Whether you are buying your first house or onto your 30th, buying property costs a lot of money and you want to make sure you have someone capable and knowledgeable on your team. Joe and his entire team helped me cross the finish line. Give him a shot and you won't regret it. Even though the Seattle real estate market isn’t known for being cheap, it may be more insulated from the steeper corrections facing the country’s most expensive property markets. Median condo prices across the county are down 3.4% year over year, to $400,000 in July. You are the best! Others talk, He truly delivers. The data tells its own story. Win/win.3) He’s actually a mortgage broker, not some guy claiming to be one but working for the bank and pawning their higher rate mortgage onto you- It frustrates me how many people claim to be mortgage brokers- eg: an independent person that works with a bunch of lenders and provide you with the best loan choice, keeping your interests in mind.Majority of these so-called mortgage brokers actually work directly for a lender (eg: similar to being on payroll by the lender). 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. Extremely Fast Service. About See All. These stats cover the greater Seattle metro, but individual cities and neighborhoods may be significantly different. Runs all the number with you until everything is clear. Email: joe (at) seattlesmortgagebroker.com, NMLS 209726 The most influential factor impacting the Seattle real estate market in 2020 is the presidential election. Not to mention fast. I do not have enough great things to say in regards to my experience and cannot wait till we get to work together again! The worst annual change in home values in the Seattle Market was -11% in the twelve months ended with the 3rd Quarter of 2009. Those dynamics can be great for buying rental properties as investments. Magnolia has a median listing price of $998K , making it the most expensive neighborhood . While both may have been going through a soft correction recently, real state still offers the tax benefits, yields, cash flow, and security investors need. Affordability of Living in Magnolia, Seattle, WA. Thorough communication throughout the entire loan which made everybody's job easier. A Division of Seattle Mortgage Brokers LLC But once Joe Tafolla jumped into the conversation, he solved the issues and helped us proceed with our mortgage.When the process started, we were living overseas and not in a great position for a mortgage. Best decision I ever made. I would highly recommend him. If we do, it would be exciting formortgage lenders to begin paying borrowers to borrow money. After a horrible experience with a credit union, we risked losing out on our new home. Seattle Real Estate Market Weekly Update - June 10, 2020 Here is our quick weekly update for the Seattle real estate market. Your ability to work so effortlessly with all of the other people involved with my transaction was fantastic. He does all of the heavy lifting for you, the rate comparisons, looking at credit unions, banks and lenders and presents you with the best options all while coaching you through the process. Super easy to work with and explained everything in full detail. We likely haven’t even begun to see the mayhem and emotional roller coaster the media will whip up over the months ahead. Just a check-in. Very Competitive. I normally don’t write reviews about people or services unless they are really bad (to warn people about them) or if they are absolutely amazing- let’s face it, who cares about mediocrity, right?Joe is Seattle Washington’s mortgage broker and would be one of those people who I would put in the “absolutely amazing” pile- and I have high standards, having worked with mortgage brokers in multiple States over the years.1) He’s knowledgeable- I’m a geek- I love numbers and my trust needs to be earned so it’s hard to pull a fast one by me. Advanced Search; Map Search; Property Tracker; Communities; Featured Listings; Neighborhoods; Condos; Homes; Sell. Though my circumstances were somewhat unique, Joe was dedicated to structuring solutions that ultimately steered me in the best direction. MORE INFORMATION As a client-focused real estate broker, my priority is to fundamentally understand what you are looking for within the Mercer Island real estate market before relying on my years of experience to find you properties that would suit your needs. Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. 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. Many homes get multiple offers, some with waived contingencies. Meanwhile the median King County home sold for $680,000, down 2.7 percent over 12 months. Beyond the emotion of any home transaction, the statistical analysis in our market reports allow us to see trends long before they show up in the media. Zillow, Redfin predict a 'suburban boom' in US real estate market as remote work becomes more common Callie Craighead , Seattle P-I May 20, 2020 Updated: Sep. 17, 2020 5:02 p.m. Whatever you do, don’t just sit on the sidelines and miss your chance to make a great move. Seattle Real Estate Market Trends 2019. Every year, the Urban Land Institute and the consultancy PwC publish their Emerging Trends in Real Estate report. Extraordinary Service! Affordability of Living in Seattle, WA. Joe was very responsive and patient to explain my nitty gritty questions for my refinance. I would then proceed to put all his numbers into my own excel model to calculate which scenario is the best. They were great about both and the only delays came from me being slow to respond or esign. Tag: Seattle Real Estate Trends. A 12-Step Guide to Buying Your First Home. They responded timely to my questions and concerns and I had absolutely no problems during the loan approval process. Of course, that may be far too late for sellers and buyers to make their best financial moves. He was so helpful throughout the process and I would absolutely recommend him! Greater Seattle Real Estate Trends. It is easy to see that Joe is a true professional, he doesn't have issues or last minute 'surprises' in underwriting, his rate locks never expire and every one of his loans are ready at escrow days, sometimes weeks, before they were scheduled to be there. He was efficient, knowledgeable, and good at navigating the mortgage landscape. The latest statistics from Zillow show the average home value in Seattle has fallen 3.5% in the last year, to $714,800. MB# 761615. Seattle Real Estate Statistics & Foreclosure Trends Summary. It’s more likely that the air of uncertainty will impact the stock market and housing market. It will continue to be highly competitive moving forward but there will be more property options for you. What is the Seattle Jumbo Loan Limit in 2020. Home; Sign In; Register; Blog; Financing; Contact (253) 656-6966; Search All. Joe is in a class by himself. Watching him work is like an episode of the Twilight Zone, the guy is a machine. 97 total homes available. 19:32 10 Nov 20. Thanks for everything Joe, look forward to working together again soon. The Zip codes cover areas on both sides and around Lake Washington. Seattle’s economy is also expected to remain among one of the strongest in the nation. 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! We never waited more than 10 minutes for an answer to our questions, even on the weekends!He made the whole process very relaxing, and made us confident that we understood what we were signing up for. Joe was our broker. Homes Sold Above List Price. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Currently, the number of houses available in Seattle, Washington is a 20 year all-time low. Summary: Real Estate in the West was booming a couple of years ago, but is it still?This article will outline what the housing market in Washington looks like today and where it’s expected to be in the coming months.. This decline from a really high level of 74.4% compared to the rest of major cities in the US housing market to 54.0% year-on-year marks a … The process was so smooth. One real estate trend is Seattle is the number of homes for sale is dropping quickly, so you better act fast. SO glad we went with him. If you’re looking for a mortgage broker, Joe is your man. Of course, that would make it very unattractive for banks to make mortgage loans. Learn about the Seattle, WA housing market through trends and averages. The $500,000 to $1 million price range, which is the core market in Seattle, is nearly at frenzy-level sales activity intensity. Thank you! Joe was recommended by a friend and was great - patient and respectful when answering my questions and I certainly felt like my interests were his interest. Real Estate in Seattle, Washington. October 2020. Seattle Real Estate Market Weekly Update - July 15, 2020 Here is our quick weekly update for the Seattle real estate market. Seattle Real Estate Trends 5/20. If you are someone who follows Seattle Real Estate trends and fluctuations, you know that 2018 brought quite a bit of uncertainty for what’s to come in the 2019 Seattle Real Estate market. He is a pleasure to work with, efficient and very proactive. Categories. Many may put off making moves as they wait tosee who wins the election and what they really begin tackling. If a seller needs the money asap, then buyers get a hard money loan to close quickly. Whatever you do, don’t just sit on the sidelines and miss your chance to make a great move. He also offered a quick service to check the value of our house using publicly available data so we could see if our house had appreciated in value at all. Create New Account. I highly recommend SMB. He is extremely knowledgeable about mortgages and very pleasant to work with and I plan to work with him again if I need mortgage assistance in the future. Home Buyer Checklist: 11 Basic Steps To Buying A Home. Pandemic hits commercial real estate, but long-term trends still open to debate by Taylor Soper on October 9, 2020 at 8:41 am November 13, 2020 at 2:11 pm Share 137 Tweet Share Reddit Email On November 26, 2020 By Balmoon. It’s no secret that it isn’t cheap to rent in Seattle. Seattle’s Mortgage Broker – Joe Tafolla When i reached out to him for my refinance, he immediately gave me quotes for different options i am looking for and explained what needs to be done to get the process started. Even worked some magic and got us a really great interest rate. New real estate investors who are now considering buying an investment property in the Seattle housing market should also be prepared for scarce – if any – open houses in the Seattle metro area. Seattle Real Estate News January 2020 “Unusually brisk activity” reported in the luxury market as the year wound down. Those dynamics can be great for buying rental properties as investments. The average West Seattle house price was $685K last month, up 10.5% since last year. Hot Homes can sell for about 4% above list price and go pending in around 5 days. Something went wrong. Seattle is back in the top 10 for next year.. For the four-county Puget Sound region (encompassing King, Kitsap, Pierce and Snohomish counties), the median sales price for December’s closed sales was $495,000, up 10% from the year-ago figure of $449,950. I highly recommend him. Most charts depict single-family … Would love to do business with again. Looking out to the suburbs again, buyers may find that house prices are much cheaper, but rents aren’t much different. He is on top of his game and makes me feel like his #1 priority. Very Competitive. So easy! Please enter a valid email address. Learn about the Seattle, WA housing market through trends and averages. My wife and I are first time home buyers and had the great fortune of working with Joe Tafolla for our home loan. Joe is absolutely top notch. Joe is a pleasure to work with. ​However, for those who plan to stay in their homes long term, low rates make this the best opportunity to refinance, and perhaps recapture some of the equity they have gained. Seattle Real Estate Market Trends 2019. Zillow is forecasting another 2% decline in local home values through September 2020. One of the most pressing things everyone wants to know is where Seattle home prices are headed in 2020. I really liked how fast he ran through the process and would definitely recommend him for mortgage needs. I rarely had to wait long for a response to an email with questions. If you are looking to purchase in Seattle, it may be better to look sooner than later. One of the best parts of working with him was his promptness of reply and availability over multiple channels (voice call, texting, and email), and he adapted to whichever medium was most appropriate for the situation.I was extremely satisfied with the service Joe provided, and I would definitely be reaching out to him again with any of my future mortgage needs.

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