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King County begins mailing property valuations. Here’s where property value grew the fastest

June 22, 2021 by Kathy Reichle Leave a Comment

The King County Assessor’s Office announced that it began mailing out property valuation notices to residents on Thursday, with some areas poised to see double-digit increases in value. The annual revaluation notices — required by state law — are issued for 720,000 pieces of property in the county and applied for taxes due in 2022.

Despite the economic downturn caused by the COVID-19 pandemic and shutdowns, the office says that commercial property values have remained steady while residential property values in the county have “risen dramatically,” with some areas even seeing upwards of 20% increases in value.

“No one knew what to expect a little over a year ago when this public health emergency began,” said King County Assessor John Wilson in a news release. “Now it is clear that a primary impact on property values has been caused by homeowners not wanting to sell at this time, leading to reduced supply and big price and value increases.”

The areas seeing the largest jump in value are in the south and east portion of the county. Residential properties in Enumclaw and Black Diamond saw the largest increases in value, up 21% and 22% respectively from the previous year.

Woodinville and Duvall followed with values increasing 18%, while property values in East Auburn were up 15.5%. Skyway property values also increased 13%, according to data released by the assessor’s office.

Despite those high increases for suburban areas, Wilson predicts that the jumps in the Seattle metro area will be smaller, under 10%, although those numbers are not yet confirmed by the office.

n King County, property owners have a 60-day window in which they can appeal their valuation. Wilson said that assessors across the state are working on a program to offer property tax assistance to homeowners, although it is still in its nascent stage. That comes after the assessor’s exemption team saw a 300% increase in applications for tax relief in the past year.

“As we come out of COVID, we will continue to step up our outreach to senior homeowners, disabled homeowners, veteran homeowners,” Wilson said. “We recognize that for folks on fixed income or work hourly jobs with unpredictable hours, homeownership has become something where taxes are a factor that they worry about.”

It’s no secret that the real estate market in the Emerald City has been red hot with high prices and low inventory driving competition. A recent report from Zillow found that while for-sale home inventory in Seattle went up about 11.3% month over month in March, it was still 20% lower than it was at the same time last year.

“March often sees a boost in inventory, and the return to some seasonal norms is a positive sign that supply is beginning to catch up with demand,” Zillow Economist Treh Manhertz said.

The assessor’s office mailed out property tax bills back in February, and most residents in King County saw close to a 4.03% general increase in tax collections due to voter-approved special levies. However, some saw double-digit hikes in what they had to pay: Algona had the highest with an 18% increase compared to 2020 followed by Maple Valley and Pacific, which are up 15% and 13% respectively.

Enumclaw also saw a double digit increase in property taxes this year, up 11% from 2020. Countywide, collections were up $256 million from the previous year, totaling $6.6 billion.

The first-half of 2021 property taxes are due April 30, and second-half 2021 property taxes are due by Oct. 30.

The process of mailing the notices is rolling, and residents should expect to receive their valuations within the next several months.

 

 

Filed Under: Issaquah Community Blog Tagged With: Hot Real Estate Market, Low Inventory, property tax

5 trends fueling one of the hottest housing markets in US history

June 2, 2021 by Kathy Reichle Leave a Comment

The housing market is on fire.

What began as a pickup in demand early in the pandemic has evolved into an all-out buying spree. Sales of new and previously owned homes, while off their peaks, remain elevated. Construction has picked up somewhat, but contractors are struggling to shore up supply. With inventory sitting near record lows, price growth has accelerated to rival the 2000s housing bubble.

Reports published Tuesday confirmed the boom is alive and well. Prices soared through March at the fastest rate since 2005, according to S&P CoreLogic. Separately, Census Bureau data showed new single-family home sales slowing 5.9% through April. Still, the sales pace sits well above the pre-pandemic norm.

But it’s not just conventional gauges posting shocking superlatives — fundamental change is afoot in US housing. Alternative data, from lumber prices to the realtor-to-listing ratio, show a handful of structural shifts taking place throughout the market. Glenn Kelman, CEO of real-estate brokerage Redfin, unpacked several of them on a Twitter thread that racked up more than 14,000 likes in less than 48 hours.

1 – Buyers face a persistent shortage of available homes

Home for sale
A real estate sign is seen in front of a house for sale in West Los Angeles on November 20, 2020. 
Chris Delmas/AFP/Getty Images

At its core, the market boom is simply a result of too few homes. Economists are largely confident that, while trends are similar to the mid-2000s bubble, it’s a nationwide supply shortage driving prices higher, and not risky lending practices.

  • More realtors than listings

The number of available homes in the US totaled 1.16 million at the end of April, according to the National Association of Realtors. NAR ended last month with 1.48 million members.

The association’s membership has exceeded listings through much of the year as sales bite into home availability.

  • Historically low inventory

The national supply of available homes in the US plummeted to record lows at the start of the pandemic and have only just risen from those levels through 2021. The monthly inventory rose to 4.4 months in April, but the bounce has as much to do with a slowing pace of sales as it does with a pickup in construction.

  • Homes selling at a record pace

When homes are coming up for sale, they aren’t staying on the market all that long. The average home now sells in a record-low 17 days, Kelman wrote on Twitter.

2 – People are fleeing cities for cheaper locales

moving
BOSTON, MA – SEPTEMBER 1: Edward Cardona (left) and Cameron Secorsky take it carry a house plan on top of a couch as they move in Allston, Sept. 1, 2016. September 1st in Boston is also known as “September Worst” because of the chaos of moving, and “Allston Christmas” because of all the things that are left on the curb for the taking when people move in and out of apartments. (Photo by David L. Ryan/The Boston Globe via Getty Images) 
David L. Ryan/The Boston Globe via Getty Images

The story of the 2020-2021 housing market is also one of migration. Americans largely fled densely populated cities for suburbs and traded their apartments for homes while mortgage rates were low. And after years of intense crowding in metropolitan areas, people seeking more space during the work-from-home period rushed to less populated states.

  • Low-tax states seeing huge inflows

Attractive tax rates seemingly played a major role in the moving bonanza. Four people moved into low-tax states for every one that left, Kelman said. That ratio rose to 5:1 in Texas and 7:1 in Florida.

  • Moving families face a new status quo

Americans who moved during the pandemic took a few risks. In a Redfin survey of 2,000 homebuyers, 63% said they bid on a home they hadn’t seen in person yet.

Separately, those moving to low-tax states enjoyed far lower housing costs. In many instances, the money saved allowed one parent to stop working, and many buyers are retiring early, Kelman said in a Wednesday tweet.

  • Inventory and prices up in SF and NYC

Still, some of the country’s biggest cities aren’t down for the count. Inventory has swung higher in New York City and San Francisco by 28% and 77%, respectively, according to Kelman. Yet prices are increasing steadily in both markets, suggesting that, while many are moving out, enough are moving in to support already lofty prices.

3 – It’s getting more and more expensive to build homes

construction workers building home
Construction workers build a new Centex home on Tuesday, June 23, 2020, in Houston. 
David J. Phillip/AP

The simplest solution to slowing homes’ rapid price growth would be to increase supply. Yet the combination of a historic surge in demand with supply-chain bottlenecks as the economy reopened have hindered contractors.

  • Lumber prices exploded higher

Most recently, surging lumber costs cut into builders’ efforts. Prices soared to record highs earlier in May and closed 280% higher year-over-year on Tuesday.

  • Not enough building space

Even if lumber cost less, there’s scant room to build homes. The New Home Lot Supply Index — which tracks lots ready for building — fell 10% to a record low in the first quarter, according to housing analytics firm Zonda.

Even the firms that have empty lots are running behind in converting them to sellable homes. About 242,000 authorized homes hadn’t been started yet in April, the Census Bureau said last week. That’s the highest level since 1979. 

  • Builders waiting for the opportune moment

The various shortages and bottlenecks have led builders to hit the brakes and wait for profitability to rebound. Nearly one-in-five contractors surveyed by the National Association of Realtors in April said they’re delaying construction or sales.

About 47% said they added escalation clauses to contracts last month. The clauses allow contractors to lift homes’ selling prices to offset an increase in building costs.

4 – Pricey construction, unrelenting demand is driving stronger home inflation

housing

REUTERS/Mike Blake

With builders unable to meet demand with new supply, prices predictably shot through the roof. Experts see home-price inflation staying hot into 2023, and with selling prices already elevated, a long rally could further dent home affordability across the US.

  • Prices hit record highs

While the rate of sales has cooled slightly, price growth remains strong. The median selling price of new homes rose to a record-high $372, 400 in April, the Census Bureau said Tuesday.

The median price for previously owned homes rose to a record of its own last month. The average existing home cost $341,000 in April, the National Association of Realtors said on May 21.

  • Sell-over-ask at record highs

For those looking to sell, there’s never been a better time. Homes are selling on average for 1.7% above their asking price, Kelman wrote on Twitter. That’s the largest average overshoot on record.

5 – Americans increasingly prioritize value and space

open house homebuyers

REUTERS/Jonathan Ernst

Still, not all buyers are losing out as the market boom charges onward.

  • Two-thirds of buyers say they snagged great deals

A Redfin survey of 600 homebuyers found that about two-thirds of people who moved during the pandemic bought a unit that was the same size or larger than their previous home. The same share of buyers spent the same or less on housing, the firm added.

  • Most had more cash after they moved

Moving during the pandemic also tended not to break the bank. Of the Americans reporting they moved into larger homes, 78% said they have the same amount of disposable income or more after their move, Kelman said.

“Idaho home price could triple and still seem affordable to a Californian,” the Redfin CEO said in a tweet.

Ben Winck

 

Filed Under: Issaquah Community Blog Tagged With: Buying a home, Home Sales, Home Shortage, Hot Real Estate Market, Record Low Interest Rates, Selling your home, Trending Housing Topics

How to buy a house in the Seattle area’s red-hot 2021 real estate market

April 19, 2021 by Kathy Reichle Leave a Comment

Want to buy a house in the Seattle area? You’ll need stockpiles of cash in the bank, endless free time and a masochistic streak.

OK, maybe it’s not quite that bad.

Still, the region’s housing market is one of the hottest in the country. Prices are up. Inventory is selling fast. Your dream home could draw dozens of competing offers. It will likely sell for more than the list price, maybe even to an all-cash buyer.

So frenzied is this sellers’ market that some buyers can barely get in to see a home before someone else snags it.

“We’re halfway through our appointment, we’re gushing about how we want to make an offer and the Realtor gets an alert that they accepted an offer earlier today,” recalled recent buyer Alice Cryer. “We were standing in the house.”

Along the way, buyers are expected to make quick decisions with high stakes. Will you have the house inspected? (What about the sewer?) There’s a cash buyer making a better offer — can you pay any more?

“We watched a lot of HGTV,” said James Johnson, who with his wife, Emily, bought a Tacoma town house this year. “It was nothing like you saw on television.”

We talked to real estate brokers, lenders and recent buyers to put together a more realistic picture.

Before you buy

Saving up: Long before you set up your Redfin alerts, your financial status will shape your homebuying experience.

How much do you make? How much have you been able to save for a down payment? Do you already own a home you’ll be selling? Do you have stocks or a 401(k) to tap for extra cash? Can your family help? If a lender takes a deep dive into your finances, what will they find?

Even with assistance programs and today’s low mortgage interest rates, many people will be locked out of homebuying.

By one estimate, a household would need to make nearly $107,000 a year to afford a home in the Seattle-Tacoma-Bellevue area with a 20% down payment. With less money to put down, you need an even higher income. For a buyer putting 10% down, the salary threshold increases to about $125,000. Home-ownership rates show stark racial gaps. In Washington, 67% of white people own a home compared to 31% of Black people.

The pandemic has only underscored those gaps, said Tacoma-based Windermere agent Sharon Chambers-Gordon.

“The essential workers who are the backbone of this country doing the work that is allowing us to live and eat are the ones who have been left behind in being able to purchase a home,” Chambers-Gordon said. “Even when you have payment assistance programs, you still need access to cash.”

As a homebuyer, your finances will factor into where you can buy and whether you’ll have an edge over other eager shoppers.

Generally speaking, the old rule of thumb that you need 20% for a down payment isn’t a hard-and-fast requirement. But in the most competitive areas, that’s common.

The median buyer in King County during the final quarter of last year paid 18.4% for their down payment, or roughly $134,000. In Pierce County, where home prices are climbing but more affordable, buyers paid a much lower 4.6%, or about $19,500, according to ATTOM Data Solutions.

Other costs: The down payment isn’t the only pot of cash you’ll need.

In the most competitive markets, expect to pay for inspections, sometimes on multiple houses, at roughly $500 each or more (plus more to look at the sewer — more important than it sounds!). At the end of the deal, you’ll pay closing costs of roughly 2 to 5% of the price of your home.

You’ll likely need to set aside a deposit in an escrow account, also known as your “earnest money,” to show a seller you’re serious about your offer. This can range from 2 or 3% of the price of the house to 10%, depending on how competitive the area is, brokers say. Depending on the conditions you attach to this money, the seller could keep it if you back out of the deal. If all goes well, you can apply this later to your down payment or closing costs.

Look for assistance programs: If saving tens of thousands of dollars for a down payment feels out of reach, look for assistance programs. In the most expensive neighborhoods, it can be harder to secure a house with less money down, so even with assistance, your offer may be less competitive.

An FHA loan, insured by the federal government, allows you to put 3.5% down. Veterans may qualify for VA-backed loans with no down payment.

Michael Pokryfke combined a VA loan, $2,200 in savings and $15,000 borrowed from his retirement account to buy a two-bedroom condo in Renton. “I was under the assumption I’d never buy a house,” he said.

To help with a down payment, the Washington State Housing Finance Commission offers no-interest loans of up to 4% of the mortgage for families who make $145,000 a year or less, have a credit score of at least 620 and use the commission’s mortgage programs. The loans are deferred, meaning you don’t have to repay until your mortgage is paid off or you sell or refinance.

Look for a homebuyer education course to learn more, and talk to your agent about what’s possible — and what’s realistic — in today’s market.

Preparing to house hunt

Find your agent and lender: You’re not looking for just anyone to help with the biggest purchase of your life. Take time to find a real estate agent and a lender you trust. A recommendation from friends or family with firsthand experience is a good place to start for both.

Treat this like interviewing candidates for a job. Talk to a few before you choose. Suss out how well they know the local market.

Ask a potential real estate agent how they’re tracking the local market and how many recent local sales they’ve had. Find someone who won’t sugarcoat the current challenges.

A loan officer should be able to walk you through different financing options, including assistance programs, and should be quick to return your calls and emails, brokers said. Local connections could give you an edge. Sellers’ agents may prefer local loan officers they know and trust to finish the closing process quickly.

Line up a loan: Unless you’re bringing all cash, you’ll need a loan — and you’ll need to be well into the lending process before you start house hunting. Forget getting “preapproved”: Buyers are increasingly getting pre-underwritten, a step further along in the approval process. If a lender has scoured your financials, a seller can have more confidence your deal won’t fall through.

“It’s not as good as cash, but it’s the best you can do when you’re financing,” said Aaron Crossley, sales manager at Caliber Home Loans.

This process can be more invasive for self-employed borrowers. A lender may look at a longer income history for someone who is self-employed, and the effects of the pandemic can show up here. Say your bar, restaurant or freelance career took a serious hit during the pandemic but is returning to normal now. A lender looking at two or three years of your finances will have to consider those 2020 losses.

The search

“Miserable.” “Cutthroat.” “Exhausting and depressing.” “The worst.”

Those are a few ways recent homebuyers described the process of searching for a home in the Seattle area.

Their advice: Have your priorities clear when you start searching. What’s most important to you? What can you live without? Do you and your partner each have veto power?

Get real about list prices: They can be meaningless. Because so many houses sell for over their list price — nearly half in the Seattle area, according to Zillow — look at homes listed below the amount you can actually spend in order to leave room for sweetening your offer.

“I tell people in this market if you’re looking to purchase a home for $1 million, start looking at $750,000 to $800,000,” said Umpqua Bank loan officer Amie Edmondson.

“I was completely addicted to Zillow,” said Hayley Sayre, who with her wife, Anna, bought a home in Tacoma last fall. The couple, both teachers, said a walk around each neighborhood where they made an offer gave them a sense of how they would like living there.

Go farther, and consider condos: Look as far from your ideal destination as you’re willing to go. Keep an eye out for homes that have been lingering on the market. But, with construction costs soaring, be careful not to fall for a fixer-upper that will be a money pit. Each week, take a night off from scouring listings to avoid burnout, suggested Cryer, who recently closed on a three-bedroom house in Parkland, south of Tacoma.

If you’re not set on a single-family house, add condos and townhomes to your search.

As buyers look for more space indoors and outdoors, the condo market is less bruising. Across King County, including in Seattle, condo prices are climbing more slowly than single-family home prices. (The condo market is hotter on the Eastside and in South King County.) In Seattle, it would take nearly two months to sell through all the inventory at current demand, compared to a little over two weeks for single-family homes.

“If you don’t need that single-family home,” said Redfin agent Shoshana Godwin, “don’t compete for it.”

So you love that house

You’ve found a house where you can picture yourself making waffles and playing with your future labradoodle puppy. Great!

Now don’t get attached.

Many buyers lose their first offer, if not several. You need to be committed enough to offer hundreds of thousands of dollars for the place, but ready to let go if you lose. Several buyers said they reminded themselves there would “always be another house.”

Prepare to bid: When you’re ready to start bidding, the dollar amount isn’t the only factor that will make your offer stand out. You’ll have to decide whether to waive various protections known as contingencies.

In theory, buyers can make their offers contingent on a variety of factors to safeguard their purchase. You can await an inspection, financing from a bank or an appraiser confirming the home is worth the price. But in a sellers’ market like this, the race is on to drop those protections to make your offer more attractive to the seller.

Know a few of your key contingencies:

Early release of earnest money: Remember, earnest money is that upfront deposit you bring to show the seller you’re serious. Making that money nonrefundable and releasing some early to the seller means if the deal falls through, you’ll lose the cash.

Inspection contingency and pre-inspections: Gone are the days you can count on having your offer accepted and then doing an inspection to find any potential issues with the house. Many buyers are now waiving this contingency, instead either paying for a “pre-inspection” before they put the offer in, accepting an inspection paid for by the seller, or skipping the inspection altogether.

Skipping your own inspection “is kind of the nuclear option,” said Dylan Chalk, of Orca Inspection Services, who’s been working as a home inspector for nearly two decades. But if you’re going to do it and the seller offers their inspection, look for pictures, videos and plenty of specific detail about the house, Chalk suggests. A good inspection should feel like “an owner’s manual for the house,” he said.

Appraisal contingency: Once you’ve been approved for a mortgage, your bank still wants to check out the price it will be covering for the house.

Usually, this contingency would protect you if the appraiser finds the house is worth less than you offered. However, buyers increasingly face pressure to agree to pay any difference between the appraised value and their offer. If you plan to do this, you’ll need to be prepared with money to cover any difference between what the bank will lend you and the cost of the house. With no idea what that difference might be, this is a high risk.

Financing contingency: Waiving this means if your loan falls through, you could lose your earnest money. You could also potentially be required to buy the house anyway or face a lawsuit, though brokers say legal action is rare since typically the seller can quickly find another buyer.

The bad news is that while waiving these protections offered an edge in the past, they’re well-known strategies now. A small snapshot: Among Seattle-area Redfin offers in March, nearly eight in 10 waived the financing contingency, six waived the inspection contingency and fewer than one in ten waived the appraisal contingency.

No one hack will guarantee you get the house you love. Buyers need “luck, money and resilience,” said Seattle-based Compass broker Jennica Lynn.

When James and Emily Johnson, the Tacoma buyers, sat down with their agent, Chambers-Gordon, they couldn’t believe some of the advice she offered, like doing pre-inspections and making their best possible offer right away.

“We were real hesitant to listen in the beginning. She was telling us things that sounded so out in left field,” Emily Johnson said.

But after losing out on an offer and struggling to find other homes, the couple decided to follow the agent’s advice and eventually got the home. “We tried to learn from our mistakes,” said Emily.

From pending to closed

You’re so close! But it’s not over yet. After you’ve secured a house, the closing process will bring another round of paperwork and, according to recent buyers, more anxiety.

If you did include the contingency in your offer, now is the time to inspect the home. You’ll also get the lender’s appraisal and go through the final steps with your bank. Expect to answer a flood of requests for documents as an underwriter reviews your loan for final approval.

Closing can bring a laundry list of costs depending on your situation, like insurance premiums, prepaid interest for the start of your mortgage, and various fees.

The key: Be prepared. Get an itemized list of these costs before making an offer, if you can, said Washington Trust loan officer Liz King. “You shouldn’t be surprised.”

When James and Emily Johnson, the Tacoma buyers, sat down with their agent, Chambers-Gordon, they couldn’t believe some of the advice she offered, like doing pre-inspections and making their best possible offer right away.

“We were real hesitant to listen in the beginning. She was telling us things that sounded so out in left field,” Emily Johnson said.

But after losing out on an offer and struggling to find other homes, the couple decided to follow the agent’s advice and eventually got the home. “We tried to learn from our mistakes,” said Emily.

From pending to closed

You’re so close! But it’s not over yet. After you’ve secured a house, the closing process will bring another round of paperwork and, according to recent buyers, more anxiety.

If you did include the contingency in your offer, now is the time to inspect the home. You’ll also get the lender’s appraisal and go through the final steps with your bank. Expect to answer a flood of requests for documents as an underwriter reviews your loan for final approval.

Closing can bring a laundry list of costs depending on your situation, like insurance premiums, prepaid interest for the start of your mortgage, and various fees.

The key: Be prepared. Get an itemized list of these costs before making an offer, if you can, said Washington Trust loan officer Liz King. “You shouldn’t be surprised.”

When James and Emily Johnson, the Tacoma buyers, sat down with their agent, Chambers-Gordon, they couldn’t believe some of the advice she offered, like doing pre-inspections and making their best possible offer right away.

“We were real hesitant to listen in the beginning. She was telling us things that sounded so out in left field,” Emily Johnson said.

But after losing out on an offer and struggling to find other homes, the couple decided to follow the agent’s advice and eventually got the home. “We tried to learn from our mistakes,” said Emily.

From pending to closed

You’re so close! But it’s not over yet. After you’ve secured a house, the closing process will bring another round of paperwork and, according to recent buyers, more anxiety.

If you did include the contingency in your offer, now is the time to inspect the home. You’ll also get the lender’s appraisal and go through the final steps with your bank. Expect to answer a flood of requests for documents as an underwriter reviews your loan for final approval.

Closing can bring a laundry list of costs depending on your situation, like insurance premiums, prepaid interest for the start of your mortgage, and various fees.

The key: Be prepared. Get an itemized list of these costs before making an offer, if you can, said Washington Trust loan officer Liz King. “You shouldn’t be surprised.”

When James and Emily Johnson, the Tacoma buyers, sat down with their agent, Chambers-Gordon, they couldn’t believe some of the advice she offered, like doing pre-inspections and making their best possible offer right away.

“We were real hesitant to listen in the beginning. She was telling us things that sounded so out in left field,” Emily Johnson said.

But after losing out on an offer and struggling to find other homes, the couple decided to follow the agent’s advice and eventually got the home. “We tried to learn from our mistakes,” said Emily.

From pending to closed

You’re so close! But it’s not over yet. After you’ve secured a house, the closing process will bring another round of paperwork and, according to recent buyers, more anxiety.

If you did include the contingency in your offer, now is the time to inspect the home. You’ll also get the lender’s appraisal and go through the final steps with your bank. Expect to answer a flood of requests for documents as an underwriter reviews your loan for final approval.

Closing can bring a laundry list of costs depending on your situation, like insurance premiums, prepaid interest for the start of your mortgage, and various fees.

The key: Be prepared. Get an itemized list of these costs before making an offer, if you can, said Washington Trust loan officer Liz King. “You shouldn’t be surprised.”

When James and Emily Johnson, the Tacoma buyers, sat down with their agent, Chambers-Gordon, they couldn’t believe some of the advice she offered, like doing pre-inspections and making their best possible offer right away.

“We were real hesitant to listen in the beginning. She was telling us things that sounded so out in left field,” Emily Johnson said.

But after losing out on an offer and struggling to find other homes, the couple decided to follow the agent’s advice and eventually got the home. “We tried to learn from our mistakes,” said Emily.

From pending to closed

You’re so close! But it’s not over yet. After you’ve secured a house, the closing process will bring another round of paperwork and, according to recent buyers, more anxiety.

If you did include the contingency in your offer, now is the time to inspect the home. You’ll also get the lender’s appraisal and go through the final steps with your bank. Expect to answer a flood of requests for documents as an underwriter reviews your loan for final approval.

Closing can bring a laundry list of costs depending on your situation, like insurance premiums, prepaid interest for the start of your mortgage, and various fees.

The key: Be prepared. Get an itemized list of these costs before making an offer, if you can, said Washington Trust loan officer Liz King. “You shouldn’t be surprised.”

By 

Heidi Groover 
Seattle Times business reporter

Filed Under: Issaquah Community Blog Tagged With: applying for a loan, Competing offers, Find your agent and lender, Home Prices, Hot Real Estate Market, Low Inventory, save money

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Larry & Kathy Reichle

371 NE Gilman Blvd. #160
Issaquah, WA 98027

Phone: 206-999-1690

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