Mortgage Market Rate Update

It’s a short week with the Thanksgiving holiday and it’s STUFFED with scheduled economic indicators that may impact mortgage rates. Check it out on my latest video along with programs for people who are selling their homes.

Have a great week and wonderful holiday!

 

The Seattle – Bellevue – Everett area named as a Top 5 Place to Sell Your Home

Wall Street Journal’s Market Watch has named the Seattle – Bellevue – Everett area as one top five markets in the nation for selling your home. From the article:

Homes are flying off the market in Seattle. Listed properties spent a median of 56 days on the market as of January, down 38% from a year ago, according to Realtor.com. That’s almost half the median time homes are listed nationally….

….buyers have been left with a smaller number of homes to bid on, which in turn encourages multiple offers on properties that can push the purchase price higher than the asking price, experts say. There were fewer than 4,000 homes for sale in the Seattle metro area as of January, down 44% from a year prior, according to Realtor.com. [Read more…]