Saturday, August 17, 2013

Check out the low home inventory in Seattle

Seattle in the summer is a wonderful place. Sometimes named the rainy city, it is hard to prove that nickname in the summer. There are many happenings this time of year including, concerts, art walks, outdoor movies, swimming, beach going, festivals, hiking, adventuring and much more. 
Summer is also a great time to list your property because people are done hibernating from the winter and there is a great deal more activity. Right now Seattle has a very low inventory of houses for sale. Ballard, for example, has only 29 active residential listings and Queen Anne just 58. This low inventory combined with the continuing low interest rates has created a large buying pool which is driving home prices up. Many homes have been receiving multiple offers and selling for far more than list price. Well priced homes in Seattle are selling quickly. So if you are thinking of selling now is a great time to list your property.

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