FSBO MLS Available in Washington State for $185

List your Washington property in the Multiple Listing Service for $185!

Tuesday, February 20, 2018

Flat Fee MLS service with List4FlatFee.com saves Seller's thousands of dollars!  You represent yourself, leaving out the listing agent and saving 3% commission right away.

Watch video of owner and founder on how the flat listing fee program works and if its a good fit for your FSBO property.

Home buyers still competing for sparse inventory in Western Washington, driving up prices - especially for sought-after condominiums!

Wednesday, January 25, 2017

Home Seller's Can Benefit From Accepting VA Buyers

Did you know there are 21 million veterans and 1.35 million active duty military who
could be eligible to purchase a home with a VA loan? Many of these service members could be your Buyer.

Seller's need to familiarize themselves with the VA loan so they don't miss out on the many Buyers that are using this loan type and are the only Buyers allowed to do so.  Excluding VA Buyers could cost you thousands of dollars.  If you are a Seller, listing with List4FlatFee.com and using the FSBO MLS services, why not also open the door to more Buyers.

Get familiar with VA financing and the costs incurred by the Seller, your responsibility in the sale and the loan limits, qualifications, etc. Read more here...

Calculate your costs using this Closing Cost Estimator on our Resource page.

Monday, January 23, 2017

Earlier this month, you may have read or heard that the FHA was planning to reduce the MIP for most new mortgages with a closing or disbursement date on or after January 27, 2017. However, on January 20, 2017, the FHA announced that it has reversed its plans and will NOT reduce the MIP. 

The Federal Housing Administration is a government agency that insures home loans and collects fees from borrowers to reimburse lenders in the case of default.
It is part of the Department of Housing and Urban Development, and the loans FHA insures are aimed at first-time home buyers and those with poor to fair credit.
Borrowers can qualify for an FHA-backed mortgage with down payments as small as 3.5%, even with a credit score as low as 580, which could signal a past bankruptcy or debts sent to collection.
The average credit score of an FHA borrower in the third quarter of last year was 679, a credit worthiness considered to be fair.
Read more about this and how it can affect home sales...

Tuesday, November 8, 2016

Home Sales and Prices Still Climbing

Home sales around Western Washington out gained new listings again in October, fueling competition for scarce inventory and pushing prices higher. Some seasonal slowdown is still expected - and the Nov. 8 elections may be in play as well, according to brokers at Northwest Multiple Listing Service who commented on last month's activity.
NWMLS members reported 9,950 pending sales during October, but they added only 7,591 new listings, the lowest number since January. A year-over-year comparison of pending sales shows there were 633 more mutually accepted offers last month than twelve months ago for a gain of 6.8 percent.
Closed sales improved even more, rising from the year-ago total of 7,769 completed transactions to last month's volume of 8,554 (up 10.1 percent).

Friday, January 8, 2016

Prices still strong with a Backlog of Buyers

Selling prices for single family homes and condominiums that sold across the Northwest MLS 23-county service area surged 8.6 percent from a year ago, rising from $290,000 to $315,000. The price of a single family home (excluding condos) that sold in King County during December jumped nearly 15.5 percent, from $440,000 to $508,000,

Area-wide, inventory was off 29 percent from a year ago, plunging from 17,659 active listings to 12,522. That total includes 4,041 new listings the MLS brokers added during December, which was down from 4,367 the members added during the same month a year ago.

Despite rising prices in most areas, closed sales ended the year on a strong note. Brokers reported 7,091 closings during the month to outgain the year-ago total of 6,284 by more than 12.8 percent. For the year, Northwest MLS members logged 88,831 closed sales, up from 2014’s total of 77,276 for a 14.3 percent gain.

To learn more about the market in your area and what your home would sell for, email me for a free market home sale data at stacie@list4flatfee.com.  I will need the property address, beds/baths/sq.ft. in the email.

Also visit List4FlatFee  to find out more about saving on commissions when selling 

Monday, February 9, 2015

Housing Inventory SHORTAGE!

New figures from Northwest Multiple Listing Service show year-over-year increases in pending sales, closed sales, and prices, while inventory fell by double digits.
The number of active listings of single family homes and condominiums fell from the year-ago figure of 19,195 to 17,082 at the end of January, a decline of 11 percent. Twelve of the 23 counties in the MLS system reported double-digit drops. For the four-county Puget Sound region, the selection was down 12 percent.

When measured by months of supply (the ratio of sales to listings), Northwest MLS figures show it has dipped below four months. In King County, there is only about two months of supply. In general, brokers say four to six months is considered to be healthy balance between supply and demand.
Blame brisk sales, as the number of pending sales, at 7,658, surpassed the number of new listings, which totaled 6,989. A comparison of figures for the four-county region for the past 15 years indicate January’s pending sales exceeded any of the prior years.

Closed sales increased more than 3.7 percent compared to a year ago, rising from 4,306 completed transactions area-wide to last month’s total of 4,467.

Home prices for single family homes and condos are also tracking ahead of the year-ago pace. The median price on last month’s closed sales was $279,000 system-wide, up about 9.4 percent from the year-ago price of $255,055. King County reported the highest median price at $390,000, up 6.9 percent from twelve months ago.

For the 3,880 single family home sales that closed last month, the median price was $288,000, about 8.7 percent higher that a year ago when the price was $264,995. Scott said a 4 percent increase is the historical norm.
Condo prices spiked more than 13 percent, rising from $194,000 area-wide to $219,900. In King County, which accounted for nearly six of every 10 condo sales, prices rose 6 percent, from $225,000 to $238,500.

It is a good time to place your home on the market to avoid the competition that comes in the Spring and Summer when inventory is at its highest.

Call Stacie Whitfield, Owner/Designated Broker at 425-344-6779 or email stacie@list4flatfee.com with questions or market activity reports for your area.


Source: NWMLS