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Thinking of buying in 2019?  This might be your year!  The Northwest MLS January press release highlights how the market started out 2019.  Here are a few key points:

  •                 Increases in pending home sales of nearly 7.5% in King county, and 3.8% in Snohomish county
  •                 MLS members added 7,090 new listings of single family homes and condos during January, up from 6,805 in January 2018
  •                 16 counties, including all four in the Puget Sound region, reported more inventory than a year ago.
  •                 Prices have  increased area-wide with a gain of just over 5% on January’s 4,865 closed sales of single family homes and condos.

Read the full article below.

KIRKLAND, Washington (February 7, 2019) -…

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In today’s changing market, there’s more to a successful

closing than just getting the offer accepted. Make sure you have an

agent capable of guiding you from start to close!

 

 

 

 

 

 

 

Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help get a sense of what's left to be done, here are 10 steps involved in closing the deal:

  1. Draw up a purchase offer with detailed contingencies in place
  2. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  3. Submit your deposit, also known as "earnest money"
  4. Apply for your loan if…

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