Posts Categorized: Selling Your Home

Summer Market Update 2022

real estate news

Summer Real Estate Market Update with Rosie & Melissa!

 

⛱😎 Happy Summer everyone!!!

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! 

What is Buyer Fatigue?

real estate buyer fatigue

 

What is Buyer’s Fatigue?

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

Spring Market Update 2022

SPRING REAL ESTATE MARKET UPDATE IN FAIRWOOD RENTON KING COUNTY

 

The Spring Market is here and the real estate market is starting to shift...

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! 

 

Next Step?

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!

Concierge Corner – New Video!

 
Check out this transformation! We don't just put a sign in the ground, we lean in and take over the entire process from start to finish! Between listing agent Karen, our home seller's concierge Jo, our trusted vendors and the entire Rosie Rourke Team behind the scenes, we did all the heavy lifting and created a stress-free listing experience for this client!
 
We were just named the top team for Keller Williams Mountains to Sound in 2021 and helped over 210 families turn their real estate dreams into reality... what can we do for you in 2022? It all starts with a conversation, learn more at www.rosierourke.com/homevalue
 
You can also call/text our listing team directly at 206.719.5870 or fill out the form below! 

SELL NOW

best time to sell a house

SELLER ALERT!!! 

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!

sell my house in 2022

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!

Contact The Rosie Rourke Team!

Winter Market Update

winter market update real estate

Winter is here... how is the real estate market doing?

 
Want to know the latest in real estate news? Check out Rosie's Winter market update! You'll learn why right now is actually an amazing time to sell and why waiting until Spring may not be the best option in 2022!
 
We also posted the report Rosie is referencing in the comments, check it out, you'll be blown away by the lack of inventory!
 
If you are thinking of selling please contact us ASAP, we would love to connect and share with you why listing with Rosie Rourke Team guarantees a stress free experience!
best time to sell a home

Fall Market Update

 

🍁Fall Leaves + Active Buyers

= TIME TO SELL!

Check Rosie's Fall Real Estate Market Update for King County focusing on Fairwood, Renton, Kent, Maple Valley, Auburn, Federal Way, Seatac and New Castle! 

Ready to have a conversation? Our listing team is ready to give you an update to date home value, access your goals, timelines, and more! We are the top real estate team in S. King County because we provide a stress-free listing experience! Let us show you, text 206.719.5870 or fill out the form below! 

Rosie the Radio Star!

Rosie rourke on the radio

 

Rosie Rourke the Radio Star! 

That's right! Rock star real estate agent Rosie Rourke is a radio star too! She was recently interviewed in The Money Hour, a local radio show about real estate, investing, mortgages and more!

See here in action on the podcast replay here: https://themoneyhour.com/top-agent-reveals-secrets-to-a-stress-free-real-estate-experience-episode-371/

Looking for a stress-free real estate experience? Reach out below! 

Staging… Yes or No?

home staging ideas

 

Why we recommend home staging even in a hot market!

We get this question A LOT, especially right now. If the market is so hot, do I really need to stage my home? The answer is yes, but it depends.

A vacant home needs to be staged, period. A 2020 report from RESA found that 85% of staged homes sold for 5-23% more than a non-staged home. For a little investment it can yield a HUGE return! We work with some of the best stagers in the area, and buyers have commented that our listings show the best because of it!

Staged homes also sell faster and they are easier to market to the masses via social media... no one wants to see vacant room on their newsfeed, lol! According to Forbes a staged home will sell 87% faster than a non-staged home. Why does this matter? A faster home sale will put more money in your pocket. If a home doesn't sell after the first week in this market, a price reduction will be recommended to keep the house from getting lost online. Any money invested in staging is well worth it!

But what if you live there, should you still stage it? It really depends, but in most cases a bit of re-staging and styling will do the trick! Joanne on our team has a background in design and loves helping our clients declutter and use existing pieces you already have to re-stage the home. We can also bring in smaller accent pieces, pillows, place settings, etc to spruce the place up before listing!

Putting your home's best foot forward involves a lot of work from our team, but in the end it is worth it for our clients! More money, a faster closing date, and a stress-free listing experience... and staging is just one part of our secret sauce! Learn more about our top 1% team and what selling your home can look like here: www.rosierourke.com/selling

Spring Market

 

Is there a shift in the market? 

Here is Rosie Rourke's spring real estate market update! With the volume we do we tend to see changes and shifts on the horizon sooner than most agents, and the media is usually 6 months behind in their reporting! 

Whether you are thinking of buying, selling or you are just curious about what your house is worth in this market, please reach out! We are all about relationships and everything starts with a conversation, no pressure!