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Eastside Real Estate If You Had a “For Sale” Sign in Your Yard in February on Seattle’s Eastside You Probably Sold Your Home! Did February's real estate sales top January?  They sure did! Seventy-four percent of the homes on the market sold!  Homes continue to sell with multiple offers and for over full price. The number of homes dropped only a bit from January, and was the lowest number of homes for sale in over 20 years.  Sales […]
Financing Buyers, Interest Rates Are Hot! After I wrote my last post on the state of the Seattle eastside real estate market, I felt it important to remind buyers that even though it's a seller's market, Interest rates are hot!  Interest rates are on your side.  Prices are starting to increase, while interest rates are still on the incredibly low side.  […]
Eastside Real Estate Do You Want to Sell Your Seattle-Eastside Condo? The Buyers Will Come!   Yes, Veronica, there are some condos for sale on Seattle's eastside, but there are slim pickings.  The number of condos for sale over all of the eastside stood at less that 300 for the second month in a row. It's clearly a seller's market as 80% of the condos for sale in January sold!   […]
Bellevue, WA Seattle Eastside Real Estate Sails into The New Year!   In January, buyers were lining up to buy the few available homes on Seattle's Eastside.  Sixty-five percent of the homes on the market sold!  There were so many buyers that most homes attracted multiple offers and sold for over full price.  For many months now, I've repeated myself.  I've been reporting that the number […]
Eastside Real Estate How Many Homes Sold for More Than Full Price on Seattle’s Eastside? What a difference a year makes!  Who had any idea a year ago that 1/3 of the Seattle Eastside homes that sold in December, 2012 would sell for over full price?  No one anticipated the lack of inventory, the level of competition, and the subsequent increase in prices.  The market picked up steam on the […]
Bellevue, WA Seattle Eastside 2012 Real Estate Ends the Year on a High Note What a year we had in real estate on the Seattle eastside!  December real estate was on fire, just like much of 2012!  Just over 1000 homes were for sale, about 1/2 as many as were for sale just a year ago.  It's been over 15 years since there have been so few homes for […]
Eastside Real Estate 2012 Was A Great Year for Condo Sales on Seattle’s Eastside   Will there be any condos available to buy on Seattle's eastside in 2013?   I asked this question last month.  We won't have the statistics for January until the end up the month, but there were just a few for sale, and I mean just a few, in December.  There were fewer than 300 […]
Eastside Real Estate The Hot Seattle Eastside Real Estate Market Helped to Warm Up Our Chilly November! How did this past November's Seattle eastside real estate compare to November of 2011?   Low inventory, strong sales, short market times, and increasing home values continued through November. According to the Seattle Times, November had the lowest number of homes on the market in any given month since 1999!    Why are so few homes for […]
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Bellevue, WA Will There Be Any Condos to Buy on Seattle’s Eastside in 2013? Will there be any condos available to buy on Seattle's eastside in 2013?  If we look at the chart, it sure looks like the number of available condos could disappear!   Right now, if no more condos were to come on the market, it would take less than 2 months to sell those currently available.    We […]
Bellevue, WA Many Homes on Seattle’s Eastside Are Selling For Over Full Price! In the third quarter of 2012, almost 30% of the homes that sold in the cities of Bellevue, Redmond, Kirkland, Sammamish, Woodinville, Issaquah sold for over full price!  The demand by buyers for homes and the lack of inventory is creating this huge uptick in competition for a home. When more buyers are competing for […]
For Buyers Should You Put Your Home on the Market on Seattle’s Eastside During the Holidays?   Yes, yes, yes! You should put your Eastside-King County house on the market now and I'll tell you why: First, here are the "market" reasons: We have one of the lowest number of homes for sale and the highest number of sales in the last 15 years! In October, the last month in which […]
Eastside Real Estate Are Distressed Sales a Big Part of the Real Estate Market on Seattle’s Eastside? Not only is the Seattle Eastside Real Estate market on a roll, the number of distressed sales (bank owned and short sales) has declined dramatically.  In the 3rd quarter, only 18% of the homes sold on the eastside were distressed sales.   Seattle and the rest of King County also had numbers that were on the […]
Eastside Real Estate October, The Best Month to Sell a Seattle Eastside Condo in 5 Years? When 288 condos out of 363 sell in a month, the odds are incredible! In fact, the chances of selling your condo in October was 79%!  With the low supply of condos for sale, prices are rising.  Phew!  It's so good to be able to say that.  Because there's still a number of foreclosures and […]
Bellevue Real Estate Seattle Eastside Real Estate in October, 2012? Fabulous!   How did this past October's Seattle eastside real estate compare to October of 2011?  Can you say FABULOUS! This October was a fabulous real estate market in every way, fewer homes for sale, more sales, shorter market times, and a clear trend of increasing home values. Here are the specifics: 51% of the available […]
For Buyers Top Ten Ways to Turn a Buyer Off To Your Home   You've decided to sell your home.  Now buyers will be coming by to see your home. These buyers will decide if your house can be their home. It feels strange to have people walking through your home.  It also feels strange to have photos of your home online for all the world to see.  […]
Bellevue Real Estate August Real Estate Keeps Moving on Seattle’s Eastside How was the real estate market on Seattle's eastside in August? The market has been" steady as she goes!"  This is a very good thing.  We are experiencing a great real estate market that has followed a trend over the last few months and is far better than last year at this time.   The number […]
Eastside Real Estate Did Condo Prices Drop on Seattle’s Eastside in August, 2012? First, a word about condo prices on Seattle's eastside:  Even though the news media said condo prices were down in King County, they appear to be holding steady in the Seattle's eastside cities of Bellevue, Redmond, Kirkland, etc, when compared to August 2011 pricing.  This is good news for condo sellers who have gotten beaten […]
Eastside Real Estate The Strong Real Estate Market Continued Through July on Seattle’s Eastside How hot was the Seattle Eastside real estate market in July? The market was still hot, even if our summer has only been hot the last couple of weeks! Ironically, it looks like July was almost a mirror image of June. Real estate stats for the two months are almost the same.   The exact same […]
Bellevue Real Estate The Seattle-Eastside Condo Market is Amazing! Our amazing Seattle-Eastside real estate continues! How low can the supply of eastside condos go?  In July there were only 463 condos for sale all over the Eastside, less than half the number of condos for sale in July of 2011!  The supply is low and the prices have dropped considerably over the last few […]
Bellevue Real Estate Strong Signs Continue for a Positive Real Estate Market on Seattle’s Eastside How hot was the Seattle Eastside real estate market in June?  In May I mentioned the market stats over the next few months would dictate whether Seattle-eastside real estate will remain a hot seller's market.  In May I asked the following questions about Seattle eastside real estate.  Now I'm asking those same questions about June's […]
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