Prices are Down and Sales Are Up, So Who's Buying and Selling Homes on Seattle's Eastside?
Home prices are down and real estate sales are up. The Seattle Times had two articles screaming these headlines here in the Seattle/ King County area. So who has made a move this year and why?
I thought I’d look back at the reasons some of my clients chose to move. What Motivated them to make a move? Some are buyers, some are sellers, some are both. Here are some of their reasons:
- Lost a long time spouse, remarried and moved to retirement community.
- Divorce (2)
- Needed more space for growing family (2)
- Relocated for job, retirement, family (6)
- Long time owners downsized to a condo (3)
- Moved out of the country
- Sold within 2 year limit for tax break on primary residence (2)
- First time buyer (2)
- Moving up to capitalize on buyers’ market. Didn’t make as much on sale of home, but made killing on purchase. (3)
- Moved to mother-in-law unit on daughter’s property.
- Expecting first child
- buying parent’s home, selling present home
The above are examples of why my clients have either bought or sold a home.
But who bought my listings? What was their motivation to move?
Most of my listing have sold to first time buyers, buyers relocating for jobs, one investor, and two move up buyers.
If you made a move, what was your motivation? If you’re an agent, why did your clients make a move?
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