Low Inventory & Escalating Prices. Are we headed for a bubble?

In my August 2017 Short Report where we are going to discuss what is happening in the local real estate market here in Seattle and on the Eastside. Inventory continues to be low and prices continue to escalate. Are we headed for a bubble? Watch to find out!

Posted on August 18, 2017 at 9:54 am
Nate Short | Category: The Short Report | Tagged , , , , , , , , , , ,

The Short Report: Just Listed and… It’s Gone – May 2017

We’ve been seeing an increase of homes coming on the market lately but they are also going at a faster rate. In fact, we are currently looking at the lowest inventory on record with only a 0.6 month’s supply on the Eastside. This has transferred into an higher median closed sales price increase of about 20% compared to last year. Find out more by watching the video below:

Posted on May 10, 2017 at 12:45 pm
Nate Short | Category: The Short Report | Tagged , , , , , , , , , , , , , ,

The Short Report: Record High Home Sale Prices – April 2017

While we finally saw an increase in new listings in March, there was an even greater jump in sales. Lack of supply continued to push prices to new record highs. For the 5th straight month, our region has experienced the sharpest home price increases of any major market in the country. Find out more by watching below:

Posted on April 5, 2017 at 12:37 pm
Nate Short | Category: The Short Report | Tagged , , , , , , , , , , , , ,