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Seattle Real Estate Market 2008 Update
Posted on November 28, 2008
Thanksgiving 2008 is Over and I am seeing the holiday lights coming up!!!!
Wow, this year was monumental in many ways, but it is so hard to believe that it is coming to a close already! I wanted to share that while the calls and emails certainly slowed down for a bit earlier in the week as we all made preparations for the turkey meal, today it PICKED UP!
Could it be that interest rates are below 5.5% for a 30 year fixed?????
Wow! Wednesday I saw 5.37% and today I saw 5.41%! If you want a good recommendation for a lender who won't charge you a ton and will act in your best interest, please drop me a line - now might be a good time to refinance whatever you have been stuck in from your previous lender.
Obviously, if you want to buy or are thinking that it might be a good investment, it is! Even with layoffs at WAMU and Boeing strikes, Washington state has a very good outlook employment wise. The prices have softened so if you have been on the fence at all, this might be a good time to hop off.
Here is a link to houses in King County for under $300k:
There are a lot of Seattle houses out there and the sellers are willing to not only negotiate, but I have also been successful at getting closing costs paid in most cases in 2008. If you need help with Seattle real estate, please feel free to drop Cooper Jacobs a line! realestate@cooperjacobs.com
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