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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 […]
For Buyers Top 7 Reasons Real Estate Sales Fail to Close I’m gearing up to do monthly statistics on how the real estate market is doing on Seattle’s eastside.  Every month I report on how many homes have sold and I also mention how many real estate sales have failed.   Contracts on homes close all the time, but there’s always a certain number each month that […]
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 […]
Bellevue Real Estate How Did January, 2011 Seattle-Eastside Condo Sales Compare to January, 2010? This is the fewest number of condos for sale in years, and I mean years.  I checked all the way back to the beginning of 2008.  There were only two months in 2008 when less than 1100  condos were for sale on Seattle’s eastside.   This is a better time than most of the past […]
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 […]
Bellevue Real Estate Seattle Economist's Predictions for the 2011 Real Estate Market, Part II Matthew Gardner, of Gardner Economics,  spoke at our annual Windermere Real Estate/East, Inc kick-off meeting today.  Mr. Gardner shared his thoughts about the local economy and Seattle real estate. Here are some of the highlights: Seattle will recover more quickly than other parts of the west. Growth will be slow and from the center, Seattle, […]
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For Buyers Seattle Eastside Real Estate: The Glass is Half Full, Not Half Empty It’s time to accept the reality of the market in Seattle and on Seattle’s eastside. More than likely, it’s going to be the way it is for a few more years, with single digit appreciation after that. It’s a more realistic market. It doesn’t mean it’s bad. It’s still challenging to sell a home, but […]
For Homeowners Don't Let Carbon Monoxide Kill You A friend of mine from college just died.  He died from a gas leak in his home.  Apparently some gas had escaped which killed him and sickened others.   He was the only one who didn’t make it.  This was a sad and needless death. This was not an isolated incident.  I wish it were. […]
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 […]
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 […]
For Homeowners Free Recycling Event on Seattle's Eastside Got Junk?  This Sunday you’ll have an opportunity to start the new year right by unloading some of your unwanted electronics, appliances and other good stuff at my Windermere Real Estate office in Kirkland. I missed a recycling event in Kirkland, so my husband and I took our stuff down to 3RRecycle in Seattle back […]
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       […]
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