Renton Real Estate & Community Updates

07/05/2022

This week end!

https://www.returntorentoncarshow.org/event-details/2022-return-to-renton-benefit-car-show?fbclid=IwAR2ds8pi8CJHhg5rUMssknMrcHqAowVdRleMbja5FqcOv6I9NFmP3KnXOYA&fs=e&s=cl

Rad cars, great music, food trucks, trophies and even a playground area! Event is free for spectators to enjoy and only $20 to register your vehicle to be a part of the show!

03/02/2022

A new development for 2022! I’m conflicted about this, but with the cheapest home in Renton being around $100k more than I paid for my 3 acre home in 2012, I can’t criticize the idea in principle. Home ownership is become impossible of a lot of people.

Washington state soon will have the opportunity to become a national leader in the growing movement to end exclusionary zoning.

01/27/2022

Here comes the rate hike!

https://www.foxbusiness.com/economy/federal-reserve-signals-interest-rate-hike-january-2022?fbclid=IwAR1U_3DirEExOS_ZTgR7nVQ1O9B1W4uVI7e4c9BMcRG2MvUWdhUXjamgF0w

The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.

01/21/2022

https://seattle.craigslist.org/skc/reb/d/renton-newly-renovated-incredible/7435849953.html

12/15/2021

Boeing is selling off some Renton Assets.

10/16/2021

Home for sale, $799,500
3 bed, 2.5 bath,
2310 sqft,
1/2 acre,
Tahoma Schools,
3 car garage,
RV Parking,

Open House Saturday 11am-1pm
Open House Sunday 1pm-3pm

Nestled between Shadow Lake Preserve and unbuildable wetl...

10/05/2021

Tip of the day: Allways put a potential property address into a search engine. In Washington State there is no requirement to disclose, murders, suicides, or demon possession.

Would you want to live in the place that inspired a famous horror movie?

09/25/2021

Do you feel priced out of the market?

https://www.cnbc.com/2021/09/22/existing-home-sales-fall-2percent-as-first-time-buyers-are-priced-out.html?utm_content=Main&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3RaAYb449P5D5271PH0kMgCl9hhsPdiwvl-EgesOi0B40-__xpfZCzAVY =1632319490

The share of first-time buyers fell to just 29% of all sales, the lowest since January 2019.

09/19/2021

This is why home prices continue to rise.

https://www.cnbc.com/2021/09/14/america-is-short-more-than-5-million-homes-study-says.html?__source=sharebar%7Cfacebook&par=sharebar&fbclid=IwAR32tqCzHiXoPrffG-K2blkc71chrqCQQKc9NSSpjkh4Llh3UAsonUpeSfM

The supply of homes for sale is near a record low, and the gap between supply and demand is widening as homebuilders struggle to keep up.

09/16/2021

Is this a sign of things to come?

https://www.foxbusiness.com/lifestyle/homebuyer-bidding-wars-lowest-level-august-2021?cmpid=fb_fbn&fbclid=IwAR0jFrdLj1cLm_HQqMdKeeYf7H5VQLeBql_C4xNallkY2cSkk8l3d78b72U

About 58.8% of the home offers by Redfin agents faced competition which was a record low for 2021. according to the technology-powered real estate brokerage.