RECENT BLOG POSTS
2022 started out the year with both historically low interest rates and record low inventory.  This created a very hot (seller’s) market across the NWMLS and the Greater Seattle condo market.  For example, 2021 ended with the Freddie Mac 30 year fixed rate of 3.05% and NWMLS had 0.40 months of ho...
01/23/2023
The NWMLS and greater Seattle real estate market changed over the course of the year.  2022 started with a very hot (sellers’) market with both historically low interest rates and record low inventory.  For example, 2021 ended with the Freddie Mac 30 year fixed rate of 3.05% and NWMLS had 0.40 mo...
01/20/2023
The NWMLS and greater Seattle real estate market is still strong, but there are signs of change.  For example, NWMLS inventory has skyrocketed to 12,245 active listings heading into December compared to 4,621 active listings at the same time last year.  Thus, inventory is at a 2.36 months supply ...
12/12/2022
Bellevue Luxury Real EstateBellevue especially when including the small cities and towns of  Clyde Hill, Medina, Hunts Point and Yarrow Point, is a luxury real estate market.   The area had an average home sales price of $2.307 million in October.  In addition, over 42% of the Bellevue area homes...
11/04/2022
NWMLS September UpdateThe greater Seattle real estate market is still strong, but with expectations sky-high for the past year plus, the market is perceived by some to be frigid.  Nevertheless, when analyzing the numbers, one can see the market is still historically strong.  For example, King Cou...
10/18/2022
NWMLS July UpdateThe greater Seattle real estate market is still strong just like the rest of the state, but there are signs of change.  For instance, across the NWMLS pending (-24%) and closed (-30%) sales are down from the previous year.  Thus, the number of condos and homes listed is up to 15,...
08/10/2022
Puget SoundBroadly defined from Olympia to the south and the Canadian border to the north so to include the San Juan Islands as well as the approximately 30+ other islands, there were 315 watefront homes sold in the first half of 2022.  This was down from the 385 homes that sold in the first six ...
07/25/2022
Despite the negative news, the Greater Seattle real estate market is still relatively strong.  It is slowing down, but the sky is not falling.  Across the NWMLS, inventory is up to 13,405 listings (homes and condos) which is over double last June (6,358 listings).  Nevertheless, inventory is at 1...
07/20/2022
Residential properties across the NWMLS (26 counties) sold for 107.8% over asking price in April.  King County is one of two counties where inventory is down from a year ago.  This is especially true for condos where inventory is down 35%.  Thus King County prices are up nearly 20% for single fam...
05/12/2022
Luxury real estate market is extremely hot.   In the first quarter of the previous year there were 371 sales over $2 million in King County.  In the first quarter of 2022, there were 513 luxury home sales over $2 million.  Not only were there more sales, the average list price of those luxury hom...
04/29/2022
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J. Casey Losh

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Ewing and Clark is Washington State's oldest real estate company. This blog highlights what's going on in the national and Seattle real estate market as well as some of our most unique listings.