It doesn’t matter where you are located in King and Snohomish counties during this extreme frenzy housing market. Nor does it matter the price point, right now it’s “multiple offer everything!” Watch the video below for the numbers, and read on for more.
2020 Housing Forecast
The Year 2020 housing forecast for Seattle, the Eastside, King County and Snohomish County is bright. Unbelievably low interest rates and strong job growth are expected to continue.
Consequently, if you’ve been on the fence about selling, this could be your year. If you’ve wondered if it’s a good time to buy, low rates could increase your buying power. However, you need to be prepared in a strong market. First and foremost, read the pdf for the full 2020 housing forecast.
New Real Estate Excise Tax
A new decade is here and with it comes significant change to Washington State’s Real Estate Excise Tax (REET). When you sell your property you pay Excise tax based on a percentage of the value. Washington State Senate Bill 5998 was signed into law changing our local real estate excise tax from a flat rate to a tiered system. This change gives owners a tax cut on the first $500,000 of value and keeps the current rate on the next $1 million. However, it also includes an increase after $1.5 million in value.
2019 Newsletter Archive
Mindy Hibbard Real Estate 2019 newsletter archive. Complimentary access to all of our 2019 real estate news. Sign up today to have it delivered each month directly to your inbox and never miss another. Know that your privacy is important to us, we do not share or sell your information. We send one newsletter each … Read more
Prevent Water Damage
Now that we’re in the rainy season, make sure you have taken steps to prevent water damage. Below are 5 tips to help you prevent damage and costly repairs to your home.
