Our market has no shortage of qualified buyers and properly priced, listings in most area are selling quickly. In some neighborhoods, homes are selling, on average, in less than 30 days.
When Britons voted to leave the European Union on July 23, 2016, in a referendum commonly known as Brexit, the impact on the British economy — and on Europe’s too — was immediate. Here across the pond, though, it’s not been totally clear how Brexit would affect the U.S. economy, and in particular interest rates tied to mortgages.
A month later, we have a better understanding of how Brexit affects US real estate market. Here are some of the benefits Brexit is bringing us [and a drawback too].
There’s no guarantee, of course, when the market will right itself and the immediate impact of Brexit abates. And there’s no knowing whether a more stable European economy will allow interest rates Stateside to begin to climb again. That’s why homeshoppers need to make their move now and get into a new home while rates are low, home prices have not yet begun to climb and their dollars go further.
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On Thursday May 12th, Seattle officials announced to host the next Special Olympics USA games in July 2018, which will mark the games' 50th year since its first International Special Olympics in 1968 in Chicago.
It is anticipated to have 3500 athletes from 50 states to come over to Seattle from July 1-6, 2018. University of Washington will be the venue to host the 16 individual and team sports such as powerlifting, gymnastics, soccer, volleyball etc.
Not only thousands of athletes, but also thousands of volunteers and spectators will gather in Seattle in July, the best month of summer. We can imagine beautiful Seattle showcased once more on a national stage.
As a certified residential specialist and a realtor in King County, Washington, it is my instinct to evaluate the impact the Special Olympics will have on the already heated local real estate demand in Seattle. With so many positive news regarding Seattle’s hosting of big national and international events, I have strong confidence that the local economics and real estate market will grow and be more prosperous than our conservative predication completed in early 2016.
Lisa Dong is an experienced realtor in Seattle area, serving people on their real estate needs since 2010. She can be reached by firstname.lastname@example.org.