For Buyers

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 […]
Built Green and Sustainable Living Do You Want to Buy a Home This Year? Think of the Hot "New" Trends Some people will buy a home in 2011. These buyers will move for more space, downsize for less space or relocate, the typical  reasons to make a move.  If you’re buying in 2011,  think about selling that home in the future. Make an investment that works for now and for later.  It’s important now, more […]
Bellevue Real Estate What's The Worst Time to be on the Market in the Seattle Area? It’s July!  Why July? Because that’s the time of year when the largest number of homes and condos are on the market. Are you surprised? So many times I hear from people they’re waiting until the summer to sell, when school is out.  But it’s not the best time.  If you look at the chart […]
For Buyers Seattle Economist Makes Real Estate Predictions 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 […]
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 […]
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Energy conservation Five Easy Ways to Save Money on Your Heating Bill 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 […]
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 […]
Bellevue Real Estate Are We Seeing The Number of Homes On The Market in King County Dropping? 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 […]
Bellevue Real Estate There's No Sign of a Seller's Market in Seattle Real Estate   The lack of “red” showing a seller’s market in Seattle area real estate is no big surprise.  However, it’s good to see the market was more balanced in some Seattle area neighborhoods in October. A balanced market is when homes on average are selling between 3-6 months, which means there was a level playing […]
Bellevue Real Estate How Was The Seattle-Eastside Condo Market in October, 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.) October, 2010         […]
Bellevue Real Estate How Did October, 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] Ok, the real estate market is slower, that much we all know, but it’s not dead and there are homes selling. These are the homes that stand out compared to the competition, because they show well and are seen as a value.  Today’s pricing is similar to 2005 pricing.  I’ll post another piece […]
Bellevue Real Estate How Was The Seattle-Eastside Real Estate Market in October, 2010?
Bellevue Real Estate How Many Home Sales on Seattle's Eastside Are Distressed Properties? Are there a lot of distressed property sales on Seattle’s eastside? These are bank owned/foreclosed properties and “short sales,” requiring 3rd party or bank approval. A short sale is when the seller is selling the home for less than the amount owed to the bank, so the seller is “short” on what is owed to […]
For Buyers If You're Closing on Your Home When Property Taxes Are Due, Could You Pay Twice? Closing near the time your property taxes are due? With the second half payment due at the end of October, it reminded me of what happened to a client of mine who was closing on the sale of her home near the time property taxes were due. Here’s what happened: Bank of “You Know Who” […]
For Buyers Will Recent Foreclosure News Affect Washington State Real Estate? Is your head spinning with questions about foreclosures? I’ve had three clients ask me how the foreclosure process will affect real estate sales in Washington State.  I’m not sure anyone can answer that question completely right now.  This week I heard an NPR news story about mortgage backed securities now asking banks take back certain […]
Bellevue Real Estate It Was Mostly a Buyers' Market on Seattle's Eastside in September, 2010     Sellers’ markets on this map are in red and there is no red in Seattle or on Seattle’s eastside. Most of the neighborhoods are buyers’ markets, which are in green.  Only two areas, Bellevue and Redmond near Microsoft, which is area 530, and area 600, which is Woodinville, Bothell, Duvall, are balanced markets.  […]
Bellevue Real Estate How Was The Seattle-Eastside Condo Market in September, 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.) September, 2010        1448 condos […]