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 »
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 »
There were more condo sales on the eastside with 156 sales over last year’s 125! There also were 21% fewer condos on the market than in 2010. More sales and fewer condos for sale is a good thing! There were 867 condos for sale in November, with 156 of them receiving offers. Average market time…Read More »
If you lived in Kirkland and had your home for sale last month, the odds of it selling in November were 31%, the strongest absorption rate to be found on the eastside.* The homes in East Bellevue and Redmond areas around Microsoft had a 29% chance of selling. Chances of selling ranged from 11-22.5% in…Read More »
If you read the news about Seattle real estate, it could make you crazy! It’s hard to determine what’s true and what is hype. There’s some tough news that dominates and then there is some news that is actually good. You know how it is, bad news always travels faster than good news, no matter…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 »