Your Guide to the Seattle Real Estate Market
Removing the Must Appraise Clause. BEFORE you as a buyer of a home agree to “remove the must appraise clause” you need to know that means more cash from you the buyer of an undetermined amount. You also need to know the Finance Contingency does not usually cover not having enough Cash to Close. Cash [...]
Gone are the days when you can advertise “must see!” to sell your home, as if people have to come into your house as the first step in the home buying process. You can scream that from the roof top all you want, but unless you have a location that would cause anyone and everyone [...]
There was so much fear mongering going on about “The Fiscal Cliff” it was starting to feel like being tied to a chair and being forced to watch The Shower Scene from Psycho. The stock market rallied up in response to it just being OVER WITH! But should we just be happy that it’s over [...]
I like this first picture of a TV placed in a main floor or lower level bedroom because honestly, here in Seattle, this is often the case. In fact this particular photo reminds me of the house I sold for Dustin Luther, the owner of Rain City Guide, a few years back. The light streaming [...]
I was running some stats the other day for Kirkland, Bellevue and Redmond home prices and the graph below came out a bit oddly, as if all prices are trending to 200 to 207 per square foot. I say “oddly” because some went UP to there while others went DOWN to there. That is not [...]
The basic Real Estate questions in 2012 have been: 1) Are prices UP or DOWN, going UP or DOWN…at bottom, in recovery, recovered? 2) Is Inventory low…will it get better…where is the shadow inventory? To answer these questions I am using data from the Lake Washington School District, as it represents a good mix of [...]
Single Family Median Home Prices are UP 6% YOY for the First Half of 2012 in Seattle. First Half 2011 @ $399,000 – First Half 2012 @ $423,000 Bellevue School District is the Big Winner at UP 20% with a Median Home Price of $689,000. Issaquah School District DOWN 4%, Northshore School District DOWN 2% [...]
The first step in buying a new construction home, unless it is an already built “spec” home, is to choose the lot. Howev
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