5
Label 05 | Cosectetur adipiscing elit, sed do eiusmod tempor incididu.
4
Label 04 | Cosectetur adipiscing elit, sed do eiusmod tempor incididu.
3
Label 03 | Cosectetur adipiscing elit, sed do eiusmod tempor incididu.
2
Label 02 | Cosectetur adipiscing elit, sed do eiusmod tempor incididu.
1
Label 01 | Cosectetur adipiscing elit, sed do eiusmod tempor incididu.
5
Key Market Indicators – October Recap 2021
Eastside Housing Update - Resale Only
As the weather cools, the housing market intensity heats up for each new listing on the market. The Sales Activity Intensity™ on the Eastside is already at the spring market level, up one level of hotness compared to Oct. 2020. Buyers wanting to lock in a great interest rate are driving the intense sales activity, but they will face constrained inventory until March 2022.
On the Eastside, Sales Activity Intensity™ is uber-frenzy for homes priced up to $3 million (96 percent of sales activity). The $3 to $5 million range has extreme frenzy Sales Activity Intensity,™ and there is very strong luxury sales activity above $5 million.
Average % of
New Listings (Pending)
in the First 30 Days
Unbelievable Interest Rates
Source: Mortgage News Daily
87%
Current
3.18%
30%
Normal
No Relief for Buyers Until March
IT’S OKAY TO BUY AND SELL DURING WINTER
Though many associate the spring and summer with buying and selling homes, the best time to buy and sell is when the timing is right for you! When you buy and sell within same-market timing, you will usually end up with approximately the same net asset equity once the sale is closed.
The major advantage of buying and selling during this time is locking in a great interest rate. If you’re considering buying and/or selling this winter, connect with your trusted agent to formulate a plan for success.
Tap to enlarge and zoom
IT’S OKAY TO BUY AND SELL DURING WINTER
Though many associate the spring and summer with buying and selling homes, the best time to buy and sell is when the timing is right for you! When you buy and sell within same-market timing, you will usually end up with approximately the same net asset equity once the sale is closed.
The major advantage of buying and selling during this time is locking in a great interest rate. If you’re considering buying and/or selling this winter, connect with your trusted agent to formulate a plan for success.