Kyle Bergquist

Kyle Bergquist Headlines Matter. Rates Higher. with Kyle Bergquist Puget Sound Real Estate:  Headlines Matter.  Rates Higher. The latest and NOT greatest inflation report came out this past Tuesday.  The Consumer Price Index report for January showed that inflation decreased from 3.4% to 3.1%, which is great on one hand, but it was hotter than what the market was expecting on the other (the […]
Kyle Bergquist How to Buy Before Selling with Kyle Bergquist Puget Sound Real Estate:  How to Buy Before Selling The NWMLS dropped their January data a couple days ago.  Super interesting stuff!  Here are some of the key insights: The number of SFR transactions that closed in January fell to a new 15 year low at only 750 closed transactions in all of King County.  […]
Kyle Bergquist Low Appraisal Season with Kyle Bergquist Tis the Season!  With the real estate market roaring back to life, now, more than any other time of the year, is when we risk receiving the dreaded “low appraisal”. In the last 15 days, pending transactions for single family residences in Seattle have soared 64.23%, and days on market have fallen by almost a […]
Kyle Bergquist Boeing and the Housing Market | WMU 1.26.24 Puget Sound Real Estate:  Boeing and the Housing Market Boeing employs about 12,000 people down in Renton, and another 30,000 up in Everett.  Overall, Boeing employs just over 60,000 people in Washington State, and supports a network of over 1,500 aerospace-related suppliers and vendors who employ over 130,000 Washington Residents.  Ultimately, aerospace is a $70 […]
Kyle Bergquist Puget Sound Real Estate: Interest Rates and Shipping According to Mortgage News Daily, mortgage interest rates have risen from their recent low of 6.61% on 12/27/23 to 6.89% APR today.  Never ideal when rates rise a little over a quarter of a percent in a few weeks as we’re gearing up for the Spring Homebuyer Season, but overall rates are considerably lower than […]
Kyle Bergquist New Year, New Market with Kyle Bergquist Puget Sound Real Estate:  New Year, New Market! According to Freddie Mac, mortgage interest rates averaged 6.776% in December 2023, which is higher than last year by .414%, but considerably lower than October’s average interest rate of 7.648%.  Despite being higher year over year, the recent trend of falling interest rates is great news for […]
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