🏠 See the home with 22 offers last week

Yikes, mortgage rates are almost back to 7%! (They were 6.1% mid-September.) Despite the jump in rates, surprisingly buyers were busy putting more homes under contract last week than the week before. Edmonds is hot, this home had 22 offers on it last week! But buyers, don’t get scared off; the majority of homes are sitting and not getting bid up. Now is the time to send in that aggressive offer :).

Last week we were busy handing off keys to a buyer of a tiny home in Wallingford, and yesterday, we gave keys to a buyer of an amazing top-floor corner home at the Queen Anne High School. Today we’re filming more videos for our YouTube channel.

— Matt, Land, Maggie & Alicia

LINKS

• Bellevue lakefront modern sells for 33% over list!

• View Ridge midcentury modern sells for 23% over list

• The latest hot item on Wedding Registries? A new house (NYT)

• Seattle Mayor Bruce Harrell unveils new version of housing growth plan (Seattle Times)

• Seabrook developers buying large Sequim property from John Wayne’s family (PSBJ)

• WA interior designers share tips and inspiration to embrace your taste ( Seattle Times)

• New Medina mansion ranks among priciest listings in Washington ( PSBJ)

NEW LISTINGS BY WEEK
New listings in Seattle tick up, big drop on the Eastside

HOMES GOING PENDING BY WEEK
Buyer activity up, even with higher rates

HOT NEW LISTINGS
Eye candy

Eye candy <$1m

Last week’s eye candy winner was a toss-up between the Leschi waterfront and the Magnolia 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!