Zach McDonald's video: Seattle Real Estate Market Update January 2021

In this Seattle Real Estate Market Update, I share Seattle housing market stats from December 2020 and applications for buyers/sellers. The Seattle real estate market median sales price is almost 11% higher than it was a year ago. There has been a significant decrease in housing inventory, despite many homes coming on the market, especially in the fall/winter of 2020. This is due to buyers flooding the market and buying up the current inventory, which has resulted in homes selling above the asking price and prices being driven up. The main driving factor for these buyers is the continued low-interest rates. We're seeing many first-time homebuyers and buyers making move-up purchases in this market, which should continue to be a strong trend in 2021. Freddie Mac Mortgage Rates - http://www.freddiemac.com/pmms/ Thinking about buying or selling a home in Seattle soon? Please don't hesitate to reach out! People like you regularly contact me about their real estate goals after discovering me on YouTube. I'd love to bring value to your home buying or selling experience too! Here are a few reviews from people who discovered me on YouTube: Aswin & Aisha - https://youtu.be/OaRYt009uQk Kit and Taryn - https://youtu.be/IXqMn_1ZKGw Jaimin & Riddhi - https://youtu.be/TPCfSp89pXk Contact Zach: call/text: (425) 343-3661 email: zach@mcdonaldresidential.com http://mcdonaldresidential.com/contact/ You can learn more about me at the links below: Website - http://www.mcdonaldresidential.com/ Zillow - http://www.zillow.com/profile/mcdonaldresidential/ Facebook - https://www.facebook.com/mcdonaldresidential/ Twitter - https://twitter.com/zachseattle Instagram - https://www.instagram.com/mcdonaldresidential/ Google - https://goo.gl/maps/NvgkqngqvZKG8ZrB6 Other links you might be interested in: December 2020 Seattle Real Estate Market Update (last month) - https://youtu.be/1TlueHijQ9E All Seattle Real Estate Market Updates - https://www.youtube.com/playlist?list=PLTMlhmKUEjtPdxF981uLQ0Oo-zLsoCdMZ King County Real Estate Market Update - https://youtu.be/3LgSAbvDxNU Snohomish County Real Estate Market Update - https://youtu.be/NI210ud9Hpo 5 Tips for Purchasing Your Home in 2021 - https://youtu.be/KVgyOWaBXC0 Seattle Ranks Best Place to Live in the US - https://youtu.be/E3irCPTmLp0 Buying a House in a Competitive Real Estate Market - https://youtu.be/8rzid7DxJKU Video created by www.freestyleproduction.com