North Sound Property News

No major price changes in the Mukilteo real estate market since July–that’s the big news of the month, given the changed situation in mortgage lending.  However, listings continue to climb.  Listings are up 20% over July, and time on market is down (due to all the new listings over the last couple of months).
 Median list price […]

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The market in Mukilteo, Lynnwood, Edmonds, Bothell, Kenmore and Mountlake Terrace has slowed a bit, although market activity is still in the healthy range.  But no matter how crappy the market is, no matter how hard it is for buyers to get a zero down loan, sellers still want to sell their house for the very best price […]

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July is in the rearview and it’s time to report on what happened in the local real estate market last month.  This week, I’ll report on Mukilteo (98275 zip code).
Active Listings
(Listing count includes ALL listings currently on the market)
Listing Count: 101
Average Time on Market: 89 days
Median List Price: $648,800
Average $ Per Square Foot: $272
There were 52 new listings in […]

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The news in real estate this week is the implosion of the lending market, with American Home Mortgage and now Novastar forced to shut down on margin calls.  Of the two, the decision by AHM to close is the more surprising, because unlike many of the other lenders that have been affected by this spring […]

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Mukilteo’s mayor got a raise, but the pay is still less than the mayors of other nearby cities of similar size, and by my estimation, he is also paid less than the salary of a good administrative assistant. Now, I don’t purport to be an expert, but I am thinking the job of mayor […]

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