🏠 See the home with 8 offers yesterday

Sure enough, the mortgage market had priced in the Fed’s rate cut last week so we didn’t see mortgage rates drop (this is a good explainer on why), instead they ticked up… But for most buyers, this will still be a great fall - we’re seeing lots of new listings, rates are in the low 6s, and sellers will soon be very negotiable on pricing if they aren’t already. Of course, some homes are still hot! Like this $899k West Seattle home that had 8 offers yesterday. Or this $1m Wallingford townhome that had 3 offers.

Don’t miss this great view condo we listed at Cristalla last week.

— Matt, Land, Maggie & Alicia

LINKS

• Volaris co-founder puts Capitol Hill mansion back o the market (PSBJ)

• Habitat for Humanity breaks ground on affordable condo project in Seattle (PSBJ)

• Seattle moves to comply with state law to allow more backyard cottages (PSBJ)

• A Seattle home for under $300K? Yes, but with some strings attached (Seattle Times)

NEW LISTINGS BY WEEK
Sellers are busy this fall!

HOMES GOING PENDING BY WEEK
Buyers are busy too, just not as busy

HOT NEW LISTINGS
Eye candy

Last week’s eye candy winner - Mercer Island midcentury modern

THAT’S A WRAP
Here are 2 ways we can help

1. Thinking of buying? We’ve helped hundreds of people find their dream home in the Seattle area. We’d be happy to help you too. Just hit reply or join our next home-buying class.

2. Thinking of selling? Hit reply, we can handle everything from start to finish. And if you’re hoping to sell this year, the time to get going is now!