Real Estate – Why DATA is the New Black

Volume 2005-2008

Early Friday evening one of my favorite long term clients asked me this question: “Why is the market so slow these days? I have an alert for ($) houses in (zip code) and I barely get a couple of hits every week west of (the freeway). Almost always tear-downs.” (actual specifics from his email removed) […]

Selling a Home in King County 2014

median price

Selling a home in King County has been fairly easy to do for most people since early 2012 when the market started taking off again. We don’t have the same momentum in first quarter 2014 as we did in first quarter 2013. There are still many more home buyers than home sellers, so supply and […]

Home Prices Are Coming Down

home prices correcting

Home prices are beginning to trail down toward year end with an abrupt 5% decline in the last 30 days. While we are still at 12% increase for the year following the downturn, this is more than merely seasonal change, in my opinion. Every year has a “Spring Bump” that usually does not sustain at […]

Selling Your Home – 15 Good Photos

kit

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 […]

Home Prices in Redmond Washington

Ardell_redmond_home_prices_by_school

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 […]

2012 Real Estate Prices

lkw 1

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 […]

2012 Median Home Prices UP…and DOWN

King County Home Prices by School District

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% […]

How to Buy a Home Stress-Free in a Seller’s Market

There is a lot of evidence out there, both statistical and anecdotal, that it’s a “seller’s market” in the Seattle area.

Low Inventory? Be Pro-Active

Low Inventory continues to be an issue for many. This weekend there were so many people at one of the houses I was showi

An Improving Seattle Real Estate Market in Three Charts

We dug into the numbers on the Estately blog to see if we could make sense of the Seattle real estate crunch we’ve been