I hope you find the information below helpful and informative. If you know someone who is thinking about selling their home or wants to buy one, please send me their contact information and I will get in touch with them. I am never too busy for your referrals!
King County

A Message from Lennox Scott:
 
The pressure cooker for the housing market continues as the typical seasonal market comes into play for new listings coming on the market. The buyer intensity for new listings at this time of year is higher than it was a year ago. We continue to have very strong buyer demand as the seasonal slowdown begins for new listings. For September and October we normally see 30% fewer listings come on the market than the spring and summer months, with even fewer new listings over the winter months. Now is the best time for selection and availability until next February.

J. Lennox Scott, Chairman and CEO of John L. Scott Real Estate


 

 

Some Highlights:

Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts:

  • 40% of millennials who purchased homes this year have put down less than 10%.
  • 76.4% of loan applications were approved last month.
  • The average credit score of approved loans was 724 in September.
Source: Keepingcurrentmatters.com

Source: KeepingCurrentMatters.com

11040 Main Street, Suite 200, Bellevue, WA 98004
Main Office 425.454.2437 | Fax 425.451.2525
Office Open Mon-Fri 8:00 am to 5:30 pm | Sat-Sun 9:00 am to 5:00 pm
2016 John L. Scott Real Estate

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