Richard Mallory Real Estate Agent

Richard Mallory Real Estate Agent Real Estate Agent, specializing in Seattle area homes and condos

The tech-driven slowdown is creating something move-up buyers haven’t had much of lately: breathing room. 🏡📊 The latest ...
09/06/2026

The tech-driven slowdown is creating something move-up buyers haven’t had much of lately: breathing room. 🏡

📊 The latest local snapshot:
• Seattle-area pending sales fell nearly 16% year over year in July as tech-sector uncertainty weighed on buyer confidence.
• 30-year mortgage rates were hovering around 6.6%–6.7%.
• NWMLS July data showed King County’s median single-family closed-sale price near $995,000.
• King County had 5,342 active residential listings in July, compared with 4,274 a year earlier.

💡 What this means for move-up buyers and those who were previously priced out:

You may have more time to compare homes, save strategically, and negotiate from a stronger position. A well-prepared offer doesn’t always need to be the highest: it needs to be supported by solid financing, smart terms, and current local data.

Before you make a move, review your budget, monthly payment, cash-to-close, and upgrade priorities with a qualified lender and real estate professional. Market conditions vary by neighborhood and property type, so verify the numbers for the area you’re considering.

Want to see whether this window fits your next move? Message or call me at 206-478-5001.

Richard Mallory
Every Door Real Estate

Seattle inventory just hit a 14-year high. 📈With 1,562 homes and 3.2 months of supply, the landscape is shifting. Prices...
09/06/2026

Seattle inventory just hit a 14-year high. 📈

With 1,562 homes and 3.2 months of supply, the landscape is shifting. Prices softened by nearly $50K last month, giving buyers their best leverage in years.

Strategy is the difference between "Sold" and "Sitting." Whether navigating choices as a buyer or needing pinpoint pricing as a seller, let’s talk.

206-478-5001
Richard Mallory | Every Door Real Estate

Moving during the school year isn’t automatically the wrong choice: and waiting for summer isn’t always the best strateg...
09/06/2026

Moving during the school year isn’t automatically the wrong choice: and waiting for summer isn’t always the best strategy.

For families, timing can come down to:

📚 School schedules and enrollment deadlines
📦 Moving logistics and childcare
🏠 Your lease expiration or home-sale timeline
📊 Seasonal inventory and buyer competition
💰 Financing readiness and monthly payment comfort

Summer may offer a smoother transition for some households. But buying during the school year may create opportunities that better fit your price range, preferred neighborhood, or overall plan. The right timing depends on your family’s goals: not a one-size-fits-all calendar.

For eligible buyers, a lender-paid 1% buydown may provide a 1% lower rate during the first year and lighter initial payments. That added breathing room can help your family manage transition costs and settle into a new home with greater peace of mind.

Offer valid through August 31, 2026. All benefits subject to lender terms, eligibility, approval, availability, and other program conditions.

No pressure: just a clear look at the timing, payment, and options that fit your move.

Let’s run the numbers: call or text 206-478-5001.

Condo prices can look attractive: until you budget the full cost of ownership.📍 King County is not one market. The lates...
09/05/2026

Condo prices can look attractive: until you budget the full cost of ownership.

📍 King County is not one market. The latest NWMLS July 2026 reporting points to North Seattle single-family homes remaining comparatively firm, while Eastside luxury and Seattle-metro condos show cooler conditions. That’s a directional read: not a guarantee. Results vary by neighborhood, building, and price point.

💡 If you’re saving for a condo, plan for more than the down payment:
▪️ Monthly HOA dues
▪️ A separate special-assessment cushion
▪️ Personal reserves for repairs, moving, and surprises
▪️ A review of the building’s reserve study and recent HOA financials

A lower purchase price does not automatically mean a lower monthly cost. Compare the complete carrying-cost picture: not just the mortgage payment.

Message Richard Mallory at Every Door Real Estate for a neighborhood- and building-specific review. Call 206-478-5001.

Verify current figures with NWMLS and consult qualified real estate, lending, and financial professionals before making decisions.

Thinking about buying with a family member, partner, or friend? Co-signing and shared ownership can help: but the obliga...
09/05/2026

Thinking about buying with a family member, partner, or friend? Co-signing and shared ownership can help: but the obligations need to be clear before you move forward.

📌 Co-signers and co-borrowers share responsibility for the mortgage. Depending on the structure, that can affect:

◆ Credit: Payment history and missed payments may impact everyone on the loan.
◆ Income: Each person’s income, debts, and financial profile may be considered for qualification.
◆ Occupancy: The lender may have specific requirements for who will live in the home.
◆ Future financing: The loan may affect each person’s ability to qualify for another mortgage later.
◆ Ownership: Being responsible for the loan and being on title are not always the same thing.

💡 Before entering a co-buyer arrangement, understand who is borrowing, who owns the property, who contributes to payments, and what happens if plans change.

For eligible transactions, a lender-paid 1% buydown can provide a 1% lower rate during the first year, creating lighter initial payments for qualifying co-buyer scenarios: with zero buyer cost for the buydown when program terms are met.

Offer valid through August 31, 2026. All benefits are subject to lender terms, eligibility, approval, availability, and other program conditions. This is general information, not lending or legal advice.

Let’s run the numbers: call or text 206-478-5001.

King County property values are shifting: is your tax bill next?Recent data shows a cool-down:📍 Eastside: Down 3-4%📍 Sho...
09/05/2026

King County property values are shifting: is your tax bill next?

Recent data shows a cool-down:
📍 Eastside: Down 3-4%
📍 Shoreline: Down 3-5%
📊 Seattle Commercial: Down 31%

What this means: Lower valuations don't always mean lower taxes, but they offer a window to appeal if yours feels high. Let’s look at your neighborhood data to see if it makes sense for you.

Call me: 206-478-5001
Richard Mallory | Every Door Real Estate

More inventory can mean more leverage for buyers. 🏡The Puget Sound summer market is giving buyers more choices across Ki...
09/04/2026

More inventory can mean more leverage for buyers. 🏡

The Puget Sound summer market is giving buyers more choices across King, Snohomish, Pierce, and Kitsap counties.

📊 NWMLS July 2026 data shows 24,888 active listings across the service area: up 19.8% from July 2025.

💡 NWMLS June data also found that about 74% of listings qualified for down-payment assistance programs.

What this could mean for you:
• More homes to compare
• More room to negotiate price or terms
• A chance to preserve cash through an assistance program

Eligibility depends on the buyer, property, income, loan type, and program guidelines. Always verify current figures and consult a qualified lender or real estate professional before making a decision.

Want to see what this inventory shift means for your buying power in the Puget Sound? Message me or call 206-478-5001.

Richard Mallory
Every Door Real Estate

Being self-employed shouldn’t stop you from owning a home in the Puget Sound. If your income varies, that first year is ...
09/04/2026

Being self-employed shouldn’t stop you from owning a home in the Puget Sound. If your income varies, that first year is the most critical. Our 1% rate buydown eases the transition by lowering your interest rate for the first 12 months at zero cost to you. It’s a strategic way to gain leverage and peace of mind as you settle into your new PNW home.

Run the numbers: call/text 206-478-5001.

Richard Mallory
Every Door Real Estate

Before closing, slow down and look closely. 🏡The final walkthrough is your last chance to verify that the property’s con...
09/04/2026

Before closing, slow down and look closely. 🏡

The final walkthrough is your last chance to verify that the property’s condition matches the agreement. Use this checklist:

✓ Confirm agreed-upon repairs were completed.
✓ Test major systems, fixtures, and appliances to make sure they’re working properly.
✓ Check that the seller’s personal property and all debris have been removed.
✓ Document any concerns and raise them before closing: not after.

A smooth transition also means understanding your payment strategy. Through the Open the Door to Homeownership promotion, eligible buyers may receive a lender-paid 1% buydown, creating a 1% lower rate for the first year and lighter initial payments while you settle into your new home.

Offer valid through August 31, 2026; all benefits subject to lender terms, eligibility, approval, availability, and other program conditions.

Let’s run the numbers: call or text 206-478-5001.

Mortgage rates are moving. Your decision shouldn’t be based on headlines alone.📊 August snapshot: Cooling inflation has ...
09/03/2026

Mortgage rates are moving. Your decision shouldn’t be based on headlines alone.

📊 August snapshot: Cooling inflation has helped stabilize the outlook, while 30-year fixed rates have been hovering in the mid-to-high 6% range. Recent national averages have been near 6.59%–6.69%, while Washington rate snapshots have been closer to 6.75%–6.76%. Your actual rate will depend on your lender, credit, down payment, loan type, and other factors.

💡 The money question:
On a $400,000 30-year loan, a 0.20% rate change can affect principal-and-interest payments by roughly $52 per month: and nearly $19,000 in total interest over the life of the loan.

So, should you buy now or wait for the Federal Reserve’s September meeting?

Waiting could bring a better rate. It could also bring more competition, higher prices, or a rate that barely moves. And if rates fall later, refinancing may be an option: but there’s no guarantee.

The smarter move is to compare both scenarios:
◆ What does today’s payment look like?
◆ What happens if rates move up or down?
◆ Does the home fit your budget and long-term plans?

Before making a decision, ask a qualified lender for current Seattle-area quotes and a side-by-side payment analysis. Don’t try to time the market without knowing the numbers.

Message Richard Mallory at Every Door Real Estate, or call 206-478-5001. Let’s build a strategy that protects your savings and your peace of mind.

The right decision is the one that works for your finances: not the one based on a forecast.

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