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 »
At the start of 2012, there are less than 8000 homes for sale in King County! Compare this number to the start of the last three years: 2011: 10,008 homes for sale 2010: 9726 homes for sale 2009: 11,363 homes for sale The old law of supply and demand is at work here and…Read More »
Brooks and I just sold a home in Redmond which had multiple offers. A contract was in hand, when the very next day I received phone calls from both an agent and a prospective buyer who wanted to see the home. They were a day late. It was gone. It was sold. Here on the…Read More »
Homes in East Bellevue and Redmond near Microsoft sold the fastest on Seattle’s eastside in October. Homes sold in under 2 months, at 59 days. Market time for the other eastside cities, ranged from 99-117 days or just shy of 4 months. This is a reasonable market time as it shows a more of a…Read More »
Is this a good time to sell your Seattle eastside home? If you’re a seller on Seattle’s eastside, the numbers are on your side. This is the second week in a row with less than 10,000 homes on the market in King County, a first for this year! The competition has pulled up the “for…Read More »
How much of the Seattle area real estate market is made up of distressed sales, sales in which the property is bank owned or a seller is required to obtain approval from the bank in order to sell? In the third quarter of 2011, Seattle and the eastside suburbs were holding their own in…Read More »
How many homes sold in June, 2011 in your neighborhood? It’s uncanny to see how similar July real estate sales on Seattle’s eastside were to June’s sales results. On most of the eastside, the numbers varied only slightly from June. Twenty-three percent of the homes for sale on the eastside sold, with the Redmond and…Read More »
How many homes sold in June, 2011 in your neighborhood? June continued to be a strong month for real estate sales on Seattle’ eastside. In fact, June may have been the strongest month for real estate sales on Seattle’s eastside in four years. The Puget Sound Business Journal stated more homes sold this month than…Read More »
How strong were June, 2011 real estate sales on Seattle’s Eastside? This summer’s real estate market is going to stay stronger than what we usually see during a Seattle summer. Traditionally, the highest number of homes for sale during a year comes near the end of July. With this increased competition, it can make it…Read More »
It’s simple. Mix one part law of supply and demand; one part the more positive economy; and one part more ready, willing, and able buyers. Mix with more realistic pricing that meets the market demand. You now have the well priced homes selling and the most positive real estate market the eastside has had since…Read More »