Kris Berg wrote a piece on her San Diego Home blog about how strange it felt writing about the “normal” things in real estate when there are so many sad houses and people going into foreclosure. I’ve been thinking the same thing. Although Seattle and eastside real estate are not as dire as Southern California, there are auction signs and…Read More »
The chances of selling a home on the Eastside in September 2008 ranged from a low of 8% to a high of 17.5%, with an average 12% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.) Numbers will be rounded off to the nearest whole number,…Read More »
In my email was a message: How long would it take to sell a mid-entry style home with 4 bedrooms and 2.5 baths in Kirkland? How many days would it take to sell a home with these specs? I can’t answer this question. Of course, I can tell this person what the average number of days are to…Read More »
Homes for auction in Bellevue and Redmond, Washington? I noticed the first signs I’d ever seen for the auction of residential real estate in the Overlake area of Redmond/Bellevue, just a hop, skip, and a jump from Microsoft. I’d just left a meeting with a client in a nearby neighborhood and was surprised to stumble…Read More »
Larry Cragun’s blog, Real Estate Undressed has nominated a recent Eastside Real Estate buzz blog post for his Magnificent 7 consumer information post contest. Larry selects 7 blog posts recognized for the post’s consumer related content. My post, The Top Ten Things Not to Do During a Home Inspection, was nominated. The other articles are great and I…Read More »
Home prices are down and real estate sales are up. The Seattle Times had two articles screaming these headlines here in the Seattle/ King County area. So who has made a move this year and why? I thought I’d look back at the reasons some of my clients chose to move. What Motivated them to make a move? Some are buyers, some…Read More »
From the Seattle Architecture Foundation Newsletter: The Terry Thomas: An Elegant, Environmentally-Correct Approach to Design When: Friday, October 17 Group 1: 10:00am Group 2: 11:30am Cost: $15 advance registration required. No walk-ups accepted. Register online or call the SAF office at 206.667.9184. Where: Weber Thompson offices in The Terry Thomas. 225 Terry Ave., N., second…Read More »
Three times in the past month, clients, past and present, have called with questions about home repairs. Two times furnaces were involved and one was for an electrical repair. Both furnaces were deemed unsafe and in need of replacement by the first contractor. The home owners…Read More »
This morning KPLU had a story about high end condo real estate in Seattle and on the Eastside. Richard Hagar, the appraiser interviewed for the story, called condos priced above $5 million dollars as the high end, and, he says, these condos are in demand. I was curious to know how may condos were for sale…Read More »