Shrinking housing inventory in Snohomish County as State nears Phase 2 of Governor Inslee's reopening the economy plan.

For six straight weeks now, in Snohomish County, home sales (residential homes) have been out pacing new homes on the market, at a rate of four to one.  What does that mean?  Well in this time of Pandemic Covid-19, speculation is difficult, but does not take a math genius to realize that it will be more and more difficult for buyers to find and secure a new home.  Great if you are a Seller.  If you home is priced at market rate, ready to move in, you should be able to sell relatively quickly once on the market.

Buyers need to be astute and ready to pounce when the right house comes active.  That means already being pre approved for a loan.  And having access to an auto search that notifies you within seconds of a home matching your search parameters becoming active.

Also, of equally import is having a Real Este Professional chosen and, in your corner, ready to represent and advise you through the offer process and later the closing process.   The good news is often the Seller pays the buyers agent commission, (built into the seller costs) so it does not cost you anything to have that experience and representation.

The key, of course is choosing an agent that has the knowledge, experience, and the time to assist you and give you the information you need to make informed decisions.  So choose wisely!

Fred Doner
Designated Broker
The Doner Group Real Estate
35 plus years representing Buyers and Sellers.
206-551-0070 cell