Seattle Mortgage Rates, March 14, 2019
Mortgage Rates continue to hold at best levels in over a year now. Economy showing little signs of inflation which is good for rates!
New homes sales declined to 3 month low in January, much attributed to the uncertainty the government shut down caused. Here locally the sno-magedeon caused sellers to delay the timing of listing their homes. We are seeing a big pick up in activity from both buyers and sellers.
Multiple offers? Yes, this time not in all cases driving prices higher but 3-5 offers at the listing price. Now it comes down to which offer is most attractive to the Listing Agent that presents the offer to the seller. The translation here is HUGE. A pre-approval or pre-underwritten offer is the new normal. How can you make your offer stand out to the Listing Agent? We have a strong success rate of our buyer offers being accepted in this situation. Once you have a chance to speak with us you will understand why. Here to answer all your questions to assist you with a new home purchase. #KeithAkada #TheMortgageReel 206-601-3426
Have a great day! Cheers
Buyers Guide Spring Edition
