Blog: Blog

BLOG: Market Update March 2020

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We're into the second week of March, and the housing market in the Greater Puget Sound area is already red hot. Allen and I have hosted multiple open houses over the last few weekends and have seen more groups tour properties than they usually do - a good indicator that buyers are out and the market is becoming more competitive. Despite the Coronavirus fears, the market is still chugging along and many sellers are finding themselves in the middle of bidding wars. From our perspective, it seems the primary driver of this surge is a lack of inventory.

Spring is generally the hottest time of year for our market, and with that competition comes review dates (meaning the seller will review offers on a specific day set beforehand) and escalated sales prices. In past years, this sort of frenzy continues until mid-summer, when it generally continues to cool down into the winter.

We're here to help any buyers or sellers, and to answer any real estate questions you may have! Even in markets like this we have success finding homes for buyers. Send us a message through our contact page and we'll be happy to help!

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LohseHouse

"Allen and his team were extremely professional, fun and a pleasure to work with. Marketing materials were top notch and his knowledge of the area really helped us seal the deal."

-Brandon and Sara, Lynnwood, May 2018

Richstad Home

"I recently helped my 85 year old mother with the sale of her home and Allen was our realtor. He was an absolute rock star from start to finish and got us a sales price that we didn't think was possible..."

-Karen, Silver Firs, May 2018

Graves

"Allen Johnson went above and beyond to make our home buying experience as easy and smooth as possible. We have already recommended him to many of our family and friends..."

-Dennis and Tracie, Snohomish, April 2018

Dailey house

"Twenty years ago Allen helped my parents buy their home. He did such a good job at making sure that their needs were met and that their six year old daughter(me) liked the house too..."

-Sean and Heather, Lake Stevens, March 2018

Rust house

"We were referred to Allen by a friend & he met all of our expectations. Allen was always available & was quick to point out possible problems we may not have recognized as first time home buyers..."

-Mike and Lisa, Marysville, March 2018

ouderkirks

"We have used Allen to both purchase a home as well as sell a home. Both times Allen was professional, honest and always available. He has been very helpful and patient throughout the whole process..."

-Andrew and Tammy, Everett, January  2018

Purdy

"Allen was recommended to me by a friend five years ago and over those five years he always promptly returned my calls and been professional and pleasant no matter how busy he was. Anything that needed doing he took care of it..."

-Catherine, Bellevue, January  2018