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Is the bubble bursting? Is the market slowing down? Are rising interest rates changing the market? What about inflation? And so on... We get these questions on a daily basis! Learn what is going on in the local real estate market from the top producing team in SE King County. We have the volume (210 families helped last year) and 125 years of collective experience. Everyone's situation, wants and needs are different, reach out via text/call at 206.719.5870 or just fill out the form below!
Check out the Facebook event to let us know if you are coming, we have to buy and cook a lot of hotdogs! ➡ https://fb.me/e/2IpFDx9xN
Getting rid of some junk? Maybe it's time for a free home valuation? ⬇⬇⬇
Due to the recent sellers’ market surge we experienced with its high buyer demand, low home inventory and multiple competitive offer situations, many buyers (and their agents) are experiencing “buyer fatigue”. This condition has buyers exhausted by their consistent losses and they choose to step out of the market. There is no official way to gauge the level of fatigue out there, but there are signs that help us predict when a correction in the housing market will occur. We list more homes than any other team in SE King County, so we see trends coming before most other agents because of the volume of homes we sell. For months we have sensed a shift in the market and our agents have been preparing for it. We are seeing less offers on homes, less traffic online, less showings, and even getting skunked at open houses with no one showing up. Buyers just get tired of waving everything, going way over asking, and then losing. BUT, there is good news in all of this…
Having a seasoned, full time and caring buyer’s agent can make all the difference! Believe it or not, agents get buyer fatigue as well. Our listing managers call every agent who shows our listings for feedback. More and more non Rosie Rourke Team buyers agents tell us, “I told my clients the home is going to go so far over asking that it’s not worth my time to write an offer.” Imagine that, a home you LOVED just sitting there with no offers ready to be yours! You need an agent like Lisa, Lexie and Lilia (the Triple L Threat) that have the knowledge, the skills and the drive to make it through the tough times with their buyers. Even during the ultra-competitive markets of the past few years, combined they have helped hundreds of buyers achieve their dreams! They also know when to make the most of an opportunity, and RIGHT NOW there is a HUGE opportunity!!!
NOW IS THE TIME while the sellers’ market cools off and takes a breath! Learn more about our buyers’ agents and what they can do to help you here: www.rosierourke.com/buyers
PS. Sellers, NO, you didn’t miss the market! The price increases of the past 2 years has you in a great position! People always need to buy and we have the targeted marketing, the experience and the skills to sell your home anytime, anywhere! Learn more about our listing agents and our stress-free listing experience here: www.rosierourke.com/selling
Red Day is a day of service for all Keller Williams agents that happens once a year! This year the Rosie Rourke Team along with our Keller Williams Mountains to Sound brokerage, are collecting donations for Vine Maple Place's Care Closet!
The Care Closet meets the needs of basic hygiene products for VMP families. While Moms and Dads are at VMP busily working towards stability, they can grab what they need for their family from the care closet. This helps reduce their budget and saves them time and gas going to the store.
Most items can be purchased at the Dollar Store, Walmart, Fred Meyer, etc. or in bulk at Costco. (Please no sample sizes)
Rosie Rourke Team
16333 SE Petrovitsky Rd, Renton, WA 98058
Weekdays 9-5pm
Four Corners Merchants
17620 140th Ave SE, #C-9, Renton, WA 98058
Weekday Open Hours & Saturday 11-6pm
Please drop off your items by 5pm on May 11th, we will be delivering all the items on Red Day May 12th! Thank you for your support!
Change is in the air, it's something both Rosie and Melissa have been sensing for a while now. Rising interest rates, an uptick in inventory and buyer fatigue is shaping the market right now.
Check out our Spring Market Video below, it's about 4 minutes and will give you all the information you need to know about the real estate market in King County, Kent, Renton, Fairwood, etc!
Being the top real estate team in SE King County, we see trends sooner that other agents and are able to formulate strategies for our clients so there are no surprises! We have a passion for helping our clients and providing them with a stress-free listing experience.
Fill out the form below and let's have real conversation about the market in your area, your home's value and what the next step looks like for you!
The Renton Home Show is back!!! Join us April 3rd from 11-2pm for this FREE community event at the Fairwood Golf and Country Club! Meet local contactors, handymen, painters, flooring installers, interior designers and more!
This event is FREE to everyone in the community and is powered by The Rosie Rourke Team! If you are thinking of remodeling, updating or just want to meet some licensed, vetted and local contractors for a future job then this is the place to be!
Please get your free tickets through Eventbrite here: https://bit.ly/rentonhomeshow and we will see you on April 3rd!
PS. If you are local contactor looking for some exposure, please contact [email protected] ASAP!
First PENDING home of the year… and it flew off the market during the first weekend! 50 + showings and multiple offers WELL OVER ASKING! Rosie predicted this back in December with her Winter Market Update [watch below]
She predicted that interest rates would rise in 2022 and buyers will try to get into a home before their buying power is lessened with higher rates. This combined with record low inventory (homes available to buy in the market) would create the perfect winter storm for home sellers. Winter is the NEW Spring market this year! Rosie doesn’t have a crystal ball, but she does have over 25 years of experience in our local real estate market + a team that does a high volume of business, they can see trends coming before other agents because of this.
Well, the secret is out and we are telling all of our sellers sitting on the fence to get their homes on the market ASAP. Luckily we have our home concierge program that is helping sellers get their home SHOW READY and on the market in a matter of weeks, not months! This is what leading real estate experts are saying about our local market right now!
According to Tim Ellis of the real estate blog Seattle Bubble, “January is shaping up to be the most competitive month in housing history.”
“The stage is now set for the most competitive January housing market in recorded history,” said Redfin Chief Economist Daryl Fairweather as well. “Buyers are pouring into the market to claim a home before mortgage rates rise further as new listings slow to a trickle [during the winter months].”
Bottom-line for Sellers: With less homes on the market, your home will stand out with virtually ZERO competition when you list. This will not be the case the closer we get to spring. Also, with interest rates as low as they are still, there are more buyers with more buying power who are desperate to get something under contract before the rates go up! If you are able to list before spring, I would do it now! Take advantage of our Home Concierge Program, it’s FREE and our team literally does everything for you to get your home ready faster! Request a free home valuation and let’s have a conversation! Call or text 206.719.5870 or fill out the form below!
Bottom-line for Buyers: BUY NOW before rates go up! You will be in competition with other buyers, you need a buyer’s agent who knows how to write a winning bid! Spoiler alert, it’s not always about who throws down the most money! Every seller has a specific goal in mind, our agents learn about the sellers and craft offers that are attractive to them. Learn more about our expert buyer’s agents and our process for winning homes for our clients, Call or text 206.719.5870 or fill out the form below!