Market Update

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January 2024 After several months of low sentiment from home builders, January has finally seen a turn of the tide, according to the National Association of Home Builders monthly index. While still not quite feeling overly optimistic about the future, we did see a 7 point increase from home builders and the first monthly increase […]

Home Builder Confidence is Up

Market Update

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New data from the US Census Bureau shows that the share of US homes that are owned outright increased by 5% between 2012 and 2022. This means almost 40% of Americans now own their homes, up from 34% in 2013, after Baby Boomers paid off their mortgages. A Bloomberg report noted the aging population enjoyed […]

US homes owned mortgage-free increases to an all-time high

Market Update

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Skagit County added 92 new listings to the market in November 2023, a decrease of 15.6 % compared to November 2022, when 109 new listings were added. There were 96 total residential units & condo units under contract in November 2023, an overall drop of 16.5% compared to November 2022. As for closed sales, November […]

Skagit County Market Update for November 2023

Market Update

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When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a move, that […]

Top 3 Housing Market Questions Answered

Market Update