It’s hard to believe, the new year is here. It’s a time for reflection, a time for planning, and a time for partying. It’s a time to make those new year’s resolutions we all hope to keep. Most of all it’s time to have fun, appreciate what you do have: your friends, family, and health.…Read More »
Thinking about the economy in 2011? Who isn’t these days? Local economist, Matthew Gardner presented his predictions for next year’s economy and the real estate market. (photo: Andrew@cubagallery) Here are a few of his predictions for 2011: Economic growth will remain slow, particularly for the first half of the year. An “easing” in the…Read More »
Attention all you Seattle eastsiders: Have a Very Merry “Green” Holiday! Holiday Lights Looking for a last minute gift idea? Give a tote bag or sign someone up for weekly home deliveries of local produce. Full Circle Farms has terrific produce available. Can you re-use a potato chip bag to wrap presents? Check this video…Read More »
The Seattle-eastside market is balanced. Surprised by that? Here’s why I say this: A balanced market is when homes on average are selling in 3-6 months. This means there was a more level playing field between buyers and sellers during that particular month, in this case November 2010. Given the news we hear, it’s surprising…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.) November, 2010 1191 condos for sale …Read More »
In 5 of the 7 Seattle-eastside real estate areas, sales percentages were up by a lot from last year! Sales increases ranged from 13.5% in Redmond/Carnation to 47% in Redmond/East Bellevue. We also saw a huge drop in the number of homes for sale on Seattle’s eastside over the past few months. A higher percentage…Read More »
Are Seattle-eastside home sales going “merrily” along? Merrily may be an extreme word to use in this case to describe Seattle-eastside real estate, however, it’s good news to see in 5 of the 7 eastside areas, there were more home sales this November than last. In some areas, there was a huge increase in the…Read More »
What costs you the most money to maintain your home? I bet your heating bills are at or near the top of the list. Here are 5 easy ways you can help your heating system to be more efficient and help to save you money. Change your furnace filter regularly- I know few people seem…Read More »
Does Microsoft still have a positive affect on Seattle’s eastside? Yes! Microsoft still has a huge impact on the eastside. The map below shows only some of the eastside campuses: Recently, the news has focused more on layoffs. There are a number of people who have been laid off and are struggling, which is truly…Read More »
It’s easy to see that King County real estate is following the national trend right now. There are fewer homes on the market than just a few weeks ago and, definitely, from a few months ago. The peak of the competition was back in the last week of July when there were 14,639 homes on…Read More »