Have we seen a change in the market when we compare it with last year? Take a look at the following statistics, furnished by NWMLS. Total active listings King County: (2018) 6857 - (2017) 3693. Change +78% Total active lis...
Does the market seem to be changing? The answer is yes. Why? You may ask. Interest rates: 30 year loans have increased from 3.95% on Jan 4th to 4.72% on Sept 27, 2018. (Freddiemac). What does this change mean? Let's look at a 30 year loan on a $450,000 mortgage: Principal and interest at 3.95% is $2135 per month, at 4.72% it's $2339. Accept...