Minute with Mindy:
Seller Alert!
Is January the NEW April? Many home buyers that would typically engage the market in the spring have already begun their search. The competition level has risen and we are already seeing multiple offers come in on listed properties. A big contributing factor prompting this is extremely low inventory levels. Want to SELL your home? Feel free to reach out for your current market analysis today!
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Tom's Tip:
Excise Tax Changes:
New changes to the way Washington State calculates and distributes excise taxes went into effect January 1, 2020. For many, this will mean a reduction in taxes. To find out more about how the excise tax changes may affect you, read our blog article below. Wondering if now is the right time for you to make a move? Give me a call and we can go over your options.
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"The housing markets in the Eastside, Seattle and Snohomish county are already at frenzy sales activity intensity as we begin the new decade. There is a shortage of inventory, historically low interest rates and strong job growth - the local housing market is poised for a hot year" -J. Lennox Scott, Chairman & CEO
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A new decade is here and with it comes significant change to Washington State’s Real Estate Excise Tax (REET). When you sell your property you pay Excise tax based on a percentage of the value. Washington State Senate Bill 5998 was signed into law changing our local real estate excise tax from a flat rate to a tiered system.
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The Year 2020 housing forecast for Seattle, the Eastside, King County and Snohomish County is bright. Unbelievably low interest rates and strong job growth are expected to continue.
Consequently, if you’ve been on the fence about selling, this could be your year.
Call us to find out!
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We're available anytime to assist with your real estate needs. Whether you are selling your current home or buying a new one, give us a call: 425-350-8893
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"Get comfortable with the uncomfortable"
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Helping you reach your real estate goals is our passion, and we appreciate the opportunity to serve you. We would be grateful if you could take a moment to review Mindy Hibbard Real Estate on any or all of the websites below.
Thank you!
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