North Sound Property News

The Mukilteo Beacon sure seems to think so.  Citing the lack of economic downturn in Mukilteo, Pat Ratliff of the Beacon writes,
“Even during the winter “slow months,” many local businesses are reporting either the same or better business than last year. Some businesses have reported a slowdown, but not the large numbers reported on national […]

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This time of the year brings all kinds of changes, and the world of real estate is no different.  One change that you’ll be seeing on this blog in 2008, is that in addition to residential real estate news, I’ll also be commenting on the commercial real estate market and business climate in the Mukilteo and […]

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Recently, the Mukilteo real estate market was featured on King5 news.  Unfortunately, we weren’t featured in a positive light.  Crown Park, a new construction neighborhood in Harbour Pointe, has recently seen a slow-down in sales that led the developers to drop prices in order to move inventory, and building has also slowed considerably.
 The King5 story is here.
 But […]

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Overview of the Mukilteo market in September:
September’s median sale price is down from August’s $590,750 figure to $549,950.  With a larger premium on Jumbo loan rates and the summer buying season over, we are seeing less activity in the $1 million and up price range, which is resulting in lower median price.  The following chart illustrates movement in […]

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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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