Housing Market — Blog — The Sessoms Group

November Favors Home Sellers

November surprised the real estate market with a strong favor for home sellers. The Northwest Multiple Listing Service (NWMLS) released data on the month of November which showed a 7% year-over-year increase in pending sales. This increase across King, Pierce, and Snohomish County jumps to 9.2% when considering mutually accepted offers.

New Home Sales Likely to Rise 11 Percent by 2020

According to Lawrence Yun of the National Association of Realtors, it’s likely that the sale of new homes will rise to a 13-year high in 2020, jumping 11 percent. This jump is significant even when compared with an anticipated 3.7 percent increase in existing home sales by 2020.

Daniel SessomsNovember 15, 2019Seattle, New Build, New Construction, Economy, Housing Market, Daniel Sessoms, The Sessoms Group, New Homes

Making Your Home Stand Out This Summer

As real estate’s hottest season is coming to a close, sellers can take advantage of the last push through busy season by making their homes stand out amongst the crowd. Competition may be up but these tips will make sure you can catch the eye of potential buyers before fall arrives.