What do enjoy doing? I bet there’s an opportunity out there for you to combine your interests with giving back to the community. Volunteering is such an important thing. Bellevue is sponsoring a volunteer open house to present all the opportunities available to volunteer in the city. The following is from The City of Bellevue’s…Read More »
“Where’s the best pizza?” You just moved into your new home. You’re starving after a long day unpacking and this is one of your first questions. You’ve just unpacked a million boxes. Do you know when trash pick up is at your new home? These are critical questions when you’re trying to settle in and…Read More »
Hang on! The roller coaster ride for the extension of the first time home buyer credit may be ending. Nothing is written in stone yet, but the Senate has reached a deal that the first time home buyer credit of $8000 is to be extended through April, 2010. Along with first time home buyers, the…Read More »
I’ve been a fan of the $8000 first time home buyer credit. It’s brought life and breath back to the housing industry, which in turn benefits our entire economy. However, the reports of fraudulent use of the first time home buyer credit? Give me a break! Weren’t the steps for qualification and the subsequent reporting…Read More »
We just heard from the buyers about the building inspection on one of our listings, just two hours before the deadline. The buyers had been advised to schedule a sewer scope of the sewer lines because the home was built in the 1960′s. The sewer inspection was held on the afternoon of the last day…Read More »
Should the first time home buyers credit be extended or are there other options? The time available to use the $8000 first time buyer home credit is almost gone. There’s little time left to buy a home and close on it by November 30th to be eligible for the credit. Should the tax credit be…Read More »
Seattle/Eastside real estate is more balanced. The number of homes for sale is down, which is a good thing, and the number of home sales are up, another good thing, all over greater Seattle. What’s not up are home prices. From all the real estate activity we’re now seeing, it appears we’ve bottomed out. More…Read More »
(The absorption rate, the percentage of condos selling, is the number of condos for sale in any given month divided by the actual number of condos sold that month. So if the absorption rate or chance of selling is 10% that means out of 100 condos for sale, 10 received offers and sold.) September, 2009 1407 condos for sale …Read More »
How did September, 2009 stack up to September, 2008 in your neighborhood? (Click on the cities below to see real estate trends for the past 5 years. You’ll find the median pricing for each city and whether the number of homes for sale and the number of sales went up or down.) The plateau: Sammamish,…Read More »
The odds of selling a home on the Eastside in September 2009 ranged from a low of 15% to a high of 32.5%, with an average 19% 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.) September, 2009 3518 homes for sale 668…Read More »