The January Real Estate Map shows a “Seller’s Advantage” in our market! There’s a lot of “red” on the above Seattle area real estate map! There’s more “red” than we’ve seen in years, and I mean years. What does the “red” mean? It means it’s a seller’s market. The homes that are in the…Read More »
Real estate on Seattle’s eastside had a great start to 2012. Pending sales were up by 38% and there were 26.5% fewer homes on the market this year than in January, 2011! This is a recipe for a positive real estate market here in the cities of Bellevue, Kirkland, Redmond, Issaquah, Sammamish and…Read More »
The Seattle-Eastside condo real estate market in the cities of Bellevue, Kirkland, Redmond, etc was even better in January than December of last year. This is not terribly surprising. When the calendar rolls around to a new year, buyers minds turn to real estate and home buying. The number of condos for sale on the…Read More »
Mortgage lenders are in the news again, only this time it’s not Freddie Mac and Fannie Mae in the hot seat. If you purchased a home through GMAC (now Ally Financial), Bank of America, JPMorgan Chase, or Citibank, you may want to take note. Last week’s settlement of $25 billion is proposed to aid homeowners…Read More »
It was an open house. The buyers came in, fell in love, and wanted the home. The only problem was it had just sold. You’ve heard this scenario before, except these buyers loved the home, they had it built on their own lot. What they loved was the fabulous, fresh contemporary style and the open…Read More »
Predictions for 2012 Seattle-Eastside Real Estate? I’d just written a post with predictions for this year’s real estate market, when I happened to come across this post from 2 1/2 years ago with positive predictions about the 2012 Bellevue/Eastside real estate market. Looking at the reprinted post below, how much looks like it could be…Read More »
With the start of the new year, we’re seeing a more positive attitude out in the marketplace. It’s amazing what a new year can bring in attitude and outlook for people. Many are making choices to move because they want or need to do so. For some, the price issue is taking a back seat…Read More »
Seattle Eastside Condo Sales Through December, 2011 Seattle Eastside condo inventory dipped to 2011′s lowest point in December, 2011. The year began and ended with under 1000 condos for sale. The number of available eastside condos peaked in June with well over 1100 condos for sale. The peak was never really much of a…Read More »
How Many Homes Sold on Seattle’s Eastside in December, 2011? We have to go back before the bubble burst to February 2007 to find so few homes for sale on Seattle’s eastside! There’s a healthy number of homes for sale on the eastside, 1897 at the close of December, so there are good choices for…Read More »
The December Real Estate Map Showing a Balanced Market Between Buyers and Sellers The Seattle-Eastside real estate market ends 2011 in better shape than we’ve seen in the last four years. There’s a more evenly balanced market between buyers and sellers, which the market is a fairly “normal” one in which some homes sit…Read More »