Newsletter | July 2023
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Are you coming to our Grand Opening Celebration?
Check out our New Listings!
5505 CONISTON ROAD SEATTLE, 98105
4 Bedrooms | 2.75 Bathrooms | 3,980 Sq Ft
Windermere Beach Club Eligible
4189 CAMPBELL ROAD, CLINTON 98236
3 Bedrooms | 2.5 Bath | 1,432 Sq Ft
2.29 Acre Lot | Large Workshop | Fenced Garden + Fruit Trees
MADRONA LANDING
6441 Humphrey Road Clinton
6610 Heggeness Road Clinton
3 Bedrooms | 2.5 Bathrooms | 2,431 Sq Ft | 19.56 Acre Lot
July Home Maintenance Tips
Scrub Decks
Freshen Pool
Inspect Windows
Service Washer and Dryer
Drain Water Heater
Plant Fall Veggie Garden
Courtesy of Realtor.com
Mortgage rates remain “on the high end of the 6-7%” range.
On June 15, the Freddie Mac fixed rate for a 30-year mortgage was 6.69%.
Prices are still high, but the median listing price dropped by 0.9%—the first year-over-year decline since 2016.
“Home prices have made their typical seasonal ascent, though less aggressively than in summers past,” writes Jones. Buyers may have noticed a slight dip in prices—in early June, “the national median listing price fell year-over-year for the first time [since 2016] as sellers adjusted their asking prices to attract buyer demand.” Active inventory growth continues to slow.
Data from June showed that more homes were available on the market compared to the same time last year (a 10% increase). However, the pace of inventory growth is slowing.
In early June, new listings were down 22% from one year ago. This is largely due to homeowners with locked-in mortgage rates feeling reluctant to sell their current home and take on new, higher mortgage rates.
However, according to Jones, “though housing demand has softened nationally, many local markets, especially in affordable areas, continue to attract significant attention from home shoppers.”
courtesy of realvolve.com
Watermelon Salad with Feta and Mint
This refreshing watermelon salad is one of our favorite summer sides and so quick to prepare!
Check out the full recipe on our blog courtesy of loveandlemons.com
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