Chris Wang Real Estate

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09/07/2026

Washington's August 2026 housing market continued to shift toward more balanced conditions as inventory reached its highest level in years.

Active listings hit 24,675: up 22% from a year ago, giving buyers access to more than 4,400 additional homes compared to last August. The statewide median sales price came in at $635,000, down 2.3% from August 2025. King County's median was $845,000 and Snohomish County came in at $724,500. At the current sales pace it would take 4.21 months to sell all active listings, approaching the 4 to 6 months considered a balanced market.

If you are buying or selling in Bellevue or across the Eastside, reach out. I am here to help you navigate what the numbers mean for your situation.

Source: NWMLS

08/31/2026

Families searching for rental space in the Seattle area are facing a real shortage.

Fewer than half of available rentals in the Seattle area have two or more bedrooms. The lowest share among major metro areas nationally, according to a Zillow and StreetEasy analysis. Less than a third of listings had two bedrooms last month and just 14.5% have three or more. For families who need room to grow, the rental market simply does not have enough to offer.

Homeownership changes that equation entirely. If your family is ready to stop searching and start settling in Bellevue or across the Eastside, reach out. I would love to help you find the right home.

Source: The Seattle Times

08/30/2026

Sunday well spent on the Eastside. Hope yours is a good one!

08/29/2026

The closing table is the finish line, but most buyers are surprised by what actually happens when they get there.

Closing day involves signing a significant stack of documents including the deed, loan paperwork, title transfer, and settlement statement. Funds are verified and transferred, title insurance is confirmed, and any last minute conditions from the lender have to be cleared before keys change hands. The whole process can take anywhere from one to two hours and requires every party: buyer, seller, lender, and title company, to be aligned and ready.

Most of the heavy lifting happens long before you sit down at that table. That is exactly what a great agent is there for. If you are buying or selling in Bellevue or across the Eastside, reach out. I will make sure your closing day is smooth from start to finish.

08/24/2026

Cash is still a dominant force in the housing market and the buyers using it may not be who you think.

Cash buyers purchased 41.7% of homes nationally, according to a Business Journals analysis of ATTOM data. Cash offers remain powerful because they close in a week or two compared to 30 to 45 days with financing, making them significantly more attractive to sellers. According to NAR data, many cash buyers are not wealthy investors. Most are homeowners using equity from a previous sale or an inheritance to make their next purchase.

If you are buying or selling in Bellevue or across the Eastside, reach out. I will help you put together the strongest offer possible for your situation.

Source: Puget Sound Business Journal

08/23/2026

Hope this Sunday is treating you well. Take it easy and enjoy the day!

08/22/2026

Waiting for prices to drop is a plan. It just may not be a good one.

The buyers who sat out 2019 waiting for a correction watched prices climb through 2020, 2021, and 2022. The ones sitting out now are paying rent, building no equity, and betting that prices and rates will both move in their favor at the same time. That rarely happens. In a market like the Eastside where fundamentals remain strong; top schools, major employers, limited land, the floor tends to hold even when the broader market slows.

Waiting has a price tag too. If you are buying in Bellevue or across the Eastside, reach out. Let's look at what the numbers actually say for your situation.

08/17/2026

Removing a contingency is one of the most consequential decisions a buyer makes during a transaction.

A contingency gives you the right to back out of a deal under specific conditions. If financing falls through, if the inspection reveals major issues, or if the appraisal comes in below the purchase price. When you remove one you are signaling to the seller that you are committed regardless of that outcome. In competitive situations contingency removal can make your offer significantly more attractive, but it also means you could lose your earnest money if things go sideways.

Understanding exactly what you are giving up before you agree to remove anything is non negotiable. If you are buying in Bellevue or across the Eastside, reach out. I will make sure every decision you make is an informed one.

08/16/2026

Recharge and enjoy every bit of this Sunday. See you out there!

08/15/2026

Most buyers are waiting for the right market. The best buyers are looking for the right deal.

A good market does not guarantee a good deal, and a slow market does not mean good deals do not exist. Right now the Seattle area has more inventory than it has seen in a decade, motivated sellers, and less competition than the past few years. That combination creates real opportunities for buyers who know where to look and how to move. The market sets the backdrop: the right agent finds what works within it.

If you are ready to stop watching the market and start finding your deal in Bellevue or across the Eastside, reach out. That is exactly what I am here for.

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Bellevue, WA
98004-98009

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