Bellevue, WA

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Bellevue Real Estate Does a 5 Piece Master Bath Increase A Home's Value? You know what a 5 piece bath is, it has 5 pieces.  These 5 pieces are easily (think Jack Nicholson) identifiable as a shower, bathtub, 2 sinks, and a toilet.  The 5 piece master bath is expected in a certain style, age, and price range of a home in the Seattle eastside real estate market. […]
Bellevue Real Estate Is Your Seattle-Eastside Home Ready to be on the "Hot" List? The last few weeks I’ve spent a lot of time helping soon-to-be home sellers get their homes ready for the market. I’ve spent time creating lists of cosmetic/structural items that need to be done to make a home market ready.  I’ve recommended reliable contractors. I’ve helped to pick out paint colors, carpets, tile, vinyl, light […]
Bellevue Real Estate How Many Condos Sold on Seattle's Eastside in 2-11? There were less than 1000 condos for sale on the eastside in February! Seattle-eastside condo sales are creeping up and the number of condos for sale is creeping downward.   This is the fewest number of condos for sale since the beginning of 2008! Besides the number of condos for sale being at the low for […]
Bellevue Real Estate How Many Real Estate Sales Were in Your Seattle-Eastside City in February 2011? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How well did homes sell in February, 2011 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 odds […]
Bellevue Real Estate There Are Some "Hot" Real Estate Markets Around Seattle There are some hot real estate markets in the Seattle area. These “red” hot areas are shown below. The usual suspects of Queen Anne and Capital Hill experienced a hot market in February. The newest suspect, East Bellevue and Redmond near Microsoft, my neck of the Seattle real estate market, was also going strong.    In […]
Bellevue Real Estate How Many Real Estate Sales were on Seattle's Eastside in February 2011? Despite what the media is reporting, February Seattle-eastside real estate sales were the strongest we’ve seen in a very long time. If you look all the way back to December, 2009, there were more real estate sales in February than any other month, except March and April of last year.  More homes sold last March […]
Bellevue Real Estate How Badly is Seattle's Eastside Real Estate Affected by Distressed Sales “Distressed Homes Sales Dragging Prices Down” screamed the print version of The Seattle Times, while the online version shouted  “Median Home Price in King County Drops in February, Dragged Down by Bank Repos. Pretty scary headlines.  Scary headlines certainly attract readers. Distressed home sales, bank repos and short sales, are out there and affecting home […]
Bellevue, WA The Tolls Are Coming! The Tolls Are Coming to Seattle's 520 Bridge The tolls are coming for the 52o bridge from Seattle’s eastside to Seattle starting in March, 2011. Travel across the bridge to Seattle during peak times will set you back $3.50 each way.  The cost is less during other hours of the day.  In fact, if you head across the lake during the middle of […]
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Bellevue Real Estate How Many Real Estate Sales Were on Seattle’s Eastside in January 2011 Compared to 2010? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How did January, 2010 compare to January, 2011 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 odds […]
Bellevue Real Estate Has a Positive Trend Started in Seattle-Eastside Real Estate? The positive trend in Seattle’s eastside real estate continued from December, 2010 to January’s sales.  Maybe the uptick in December was not an anomaly?  We’ll still need to wait and see. This, again,  is what the Seattle Times said after December’s home sales numbers were released: • Buyers are climbing off the fence, even if […]
Architecture You've Been to Downtown Bellevue, But Have You Really Seen Downtown Bellevue? Do you think of downtown Bellevue as a drive-through from the highway to the mall? I bet most Eastsiders zoom along NE 8th to the mall. Most have probably never walked around downtown Bellevue.   This should not come as a surprise, since downtown Bellevue was designed to accommodate a car culture. I’ve lived on Seattle’s […]
Bellevue Real Estate Is This The New "Normal" for Seattle Area Real Estate? Maybe this is how real estate is going to be in the Seattle area. Maybe we’ll have some local markets where things are “hot” just for the buyer, and, someday again, even for the seller.  But maybe the Seattle marketplace will be more balanced (yellow on the map below) between the buyers and the sellers.  […]
Bellevue Real Estate How Many Condos Sold on Seattle's Eastside in Dec 2010 Compared to 2009?   December, 2010 beat out December, 2009 by 35 sales.  Over 30% more Seattle-eastside condos sold in 2010 than in December, 2009. (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 […]
Bellevue Real Estate How Many Real Estate Sales Were on Seattle's Eastside in Dec 2010 Compared to 2009? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] Sales were much better in December, 2010 than Dec, 2009 almost everywhere, but not across the board.  In 4 of the 7 Seattle-eastside real estate areas, sales percentages were up from 2009 t0 2010.  Sales increases ranged from 2% in South Bellevue and Issaquah to 40% in Redmond/East Bellevue.  East Bellevue and Redmond […]
Bellevue Real Estate December, 2010, A Surprise in the Seattle Eastside Real Estate Market How did Seattle’s eastside end its year in real estate? Surprising to some, there was a huge increase in the number of homes sold in some areas when compared to last year.  Pending sales for the year on the eastside were up by 10%. Only a few of the eastside neighborhoods had home sales which […]
Bellevue Real Estate This Past Month Seattle Eastside Real Estate Was Balanced Between Buyers and Sellers 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 […]
Bellevue Real Estate How Was The Seattle Eastside Condo Real Estate Market in November, 2010? (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       […]
Bellevue Real Estate How Did November, 2010 Real Estate Sales Do In Your Seattle-Eastside Neighborhood? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] 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 […]
Bellevue Real Estate How Was The Seattle Eastside Real Estate Market in November, 2010? 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 […]
Bellevue Real Estate Does Microsoft Still Have a Big Influence On Seattle's Eastside? 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: [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Microsoft+Computer+near+156th+Avenue+Northeast,+Redmond,+WA&sll=47.647756,-122.133025&sspn=0.038741,0.113811&ie=UTF8&hq=Microsoft+Computer&hnear=156th+Ave+NE,+Redmond,+King,+Washington&ll=47.584406,-122.229424&spn=0.281495,0.25636&output=embed&w=425&h=350] Recently, the news  has focused more on layoffs.  There are a number of people who have been laid off and are struggling, which […]
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