Michael Cornell Real Estate Group

01/03/2025

Starting 2025

Demand for homes remains strong

Inventory has improved, but there still.are not enough homes available for Buyers' demand

The extremely and artificially low interest rates of 4 -5 years ago has set us up for a marker where people don't want to give up those mortgages so they still aren't selling

Builders are still not building in the mid-to-lower end so that is where demand continues to outstrip supply of homes to buy or rent

09/08/2023

Financial Market Update

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09/01/2023

Home Mortgage Rates Dip

Home Sales Rise

Home Loan Applications Rise

Inflation Eases

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08/18/2023

Robust Economic News

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07/28/2023

Virtually all positive economic news

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07/14/2023

Mortgage rates dip slightly

Unemployment down again

Inflation continues to drop

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06/30/2023

Home prices up slightly

Interest rates stable for now

New home sales way up

Unemployment down

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06/22/2023

Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1.63 million, a 21.7% increase from the April estimate of 1.34 million, the U.S. Census Bureau reported this week.

06/16/2023

Mortgage rates tick down

Inflation is down significantly

Home loan applications are up 8%

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06/13/2023

https://www.bizjournals.com/seattle/news/2023/05/31/seattle-chamber-data-hybrid-work-remote-policy.html

One surprise from the survey: "Employees are doing in-office work more than many have assumed," the Seattle chamber said.

06/10/2023

Mortgage rates and inflation both tick downward

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06/06/2023

Let's get this to ZERO!

Tune into Cubby and Christine Mornings each weekday mornings from 6am-10am!

06/06/2023

"Buyers waiting for prices to come down will be disappointed based on current trends," one real estate broker says.

06/03/2023

The city of Seattle is tops in spending on parks, including Olmstead designs

The park system in Seattle moved up a spot from last year in the Trust for Public Land's latest ParkScore index.

06/02/2023

Lots of positive market news this week including:

Slight drop in interest rates

Nationally home prices up 4.3% vs a year ago

Inflation slowing

Watch the video for more

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05/26/2023

Market Update

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05/19/2023

Mortgage rates remained stable

Jobless claims dropped

Watch video for more market details

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