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Redfin forecasts a 1% drop in U.S. home prices by the end of 2025, but local trends in Snohomish and Skagit Counties vary. Southern Snohomish areas like Bothell are cooling due to affordability limits, while northern cities and parts of Skagit like Mount Vernon remain active. Condos are seeing longer days on market and price drops. Sellers should price strategically and prep homes well. Buyers may find more room to negotiate, especially on less move-in-ready homes. The national market may be softening, but real estate is local—understanding your ZIP code is key to smart decisions.
You can read the full blog article here: https://www.joefrankrealtor.com/post/are-we-in-a-buyer-s-market-what-redfin-s-forecast-means-for-snohomish-and-skagit-counties
The information provided on this podcast is for informational and entertainment purposes only. All views and opinions expressed are solely those of the host and guests, and do not constitute real estate, financial, tax, legal, or other professional advice. Every situation is unique, and you should always conduct your own research and due diligence before making any decisions. Please consult directly with qualified professionals such as a licensed real estate agent, attorney, or tax advisor regarding your specific circumstances.
By Jill and DaveRedfin forecasts a 1% drop in U.S. home prices by the end of 2025, but local trends in Snohomish and Skagit Counties vary. Southern Snohomish areas like Bothell are cooling due to affordability limits, while northern cities and parts of Skagit like Mount Vernon remain active. Condos are seeing longer days on market and price drops. Sellers should price strategically and prep homes well. Buyers may find more room to negotiate, especially on less move-in-ready homes. The national market may be softening, but real estate is local—understanding your ZIP code is key to smart decisions.
You can read the full blog article here: https://www.joefrankrealtor.com/post/are-we-in-a-buyer-s-market-what-redfin-s-forecast-means-for-snohomish-and-skagit-counties
The information provided on this podcast is for informational and entertainment purposes only. All views and opinions expressed are solely those of the host and guests, and do not constitute real estate, financial, tax, legal, or other professional advice. Every situation is unique, and you should always conduct your own research and due diligence before making any decisions. Please consult directly with qualified professionals such as a licensed real estate agent, attorney, or tax advisor regarding your specific circumstances.