Megan Ochoa Davis
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Find Homes In the Seattle Area Blog

Tuesday, January 08, 2019   /   by Megan Ochoa Davis

January 2019 Seattle Housing Market Update

Here's your look at the December housing statistics. While many major news sources have discussed the rising inventory levels we'd also like to point out that last month pending sales were up 4%, indicating a slight rise in buyers as well. This is likely a result of interest rates lowering in December, making home ownership a reality for buyers that may be sensitive to smaller changes in monthly payments. 


The housing inventory truly spiked in the back half of 2018 (over 100% higher!). Potential sellers may be wondering then, "should I wait until inventory falls back down to list my house?"

The answer is no. The majority of the existing housing inventory is not newly listed properties. It's homes that listed in September/October/November that have gone stale (and probably need pricing corrections). Homes listing today, at fair market prices, are still selling quickly. Since inventory usually rises in the Spring, we'd advise that listing sooner, with a fair price is a way t ...

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Sunday, December 30, 2018   /   by Megan Ochoa Davis

The Closing Gift of Giving

If you've bought or sold a home before you might be familiar with the concept of a closing gift. Since the dawn of time (cavemen had real estate agents, I'm sure), brokers have shown their thanks to clients with some sort of gift after closing on a home. 

It was our goal in 2018 to revamp the system and align our closing gifts with our values. Instead of wine openers or doormats, we'd set out to thank our clients by making a more lasting impact. We reached out to our loyal Facebook friends and asked "What organizations and charities do you find important?"

The results were amazing! Using the responses from our friends, families, and clients we've adopted a Closing Gift of GIVING!

Now that 2018 has come to an end, we're excited to say that we've given over $2,000 in contributions in our clients' names to wonderful organizations such as:


Seattle Children's Hospital
PAWS
Mary's Place
ACLU
Sierra Club
Habitat for Humanity


Thank you to our amazing clients for yo ...

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Sunday, December 30, 2018   /   by Megan Ochoa Davis

Local Agents with a Global Reach

Over here at The Hill Team HQ we're often asked about our service areas. 
"Do you only work in West Seattle?" 
"Can you help sell my house in Tacoma?"
"I have a friend looking to buy in Bothell..."

And in the olden days before the internet it made sense for a real estate agent to specialize in a single neighborhood. But today, with ample data at our fingertips, a highly skilled agent can be familiar with a much larger area. 

We wear our Data Nerd Badges proudly and are prepared to facilitate your real estate needs in King, Snohomish, and Pierce counties. 

Need help outside of these areas? Have no fear! We are more than happy to do the leg work in finding you a local agent that meets our high standards of service and care, and vet them to make sure they will be a great fit for your needs. Simply contact our team and we'll make sure you're in safe hands, regardless of the location.

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Sunday, December 09, 2018   /   by Megan Ochoa Davis

Amy Breach Joins The Hill Team

Recently The Hill Team grew to 7 agents with the addition of Amy Breach. We're so proud to continue our work serving this community's real estate needs with Amy on our side. 

A few words from Amy:
Real estate is my true passion. Being able to help others find their dream home, upsize, downsize and accomplish their goals is what gets me up in the morning. I love being a part of the awesome Zack and Jodi Hill Team at Keller Williams Realty! With more than 30 years of combined experience and a dedication to the highest standards, we can help you with all of your personal real estate needs.  I am an experienced people person with the superpowers of enthusiasm, initiative, optimism, and problem-solving. Trust me to help guide you through all of your real estate needs.

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Sunday, December 09, 2018   /   by Megan Ochoa Davis

December 2018 Seattle Housing Market Update

As holiday season picks up we tend to see a slowing in the real estate market. This year however paints a slightly different picture. Closed sales and pendings did slow down as anticipated, but inventory skyrocketed. 

With almost 100% more homes to choose from, Seattle-area buyers that are willing to shop for a home this holiday season have an advantage that they haven't had for quite some time...choice! 

Here are the statistics for the King County residential housing market for last month:


Should you wait to list your home?
With the increased inventory sellers may feel nervous about listing now. Each house having more competition, homes taking longer to sell...these are common anxieties for uninformed sellers.
There are two big reasons why waiting may not be your best option:


We're still in a seller's market! The "Months Supply of Inventory" aka absorption rate is how economists and real estate professionals determine the difference between a buyer's, sell ...

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Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2016 NWMLS.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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