The links below provide a graphical summary of Real Estate Market Statistics for the Greater Seattle / Bellevue / King County area over the past 3+ years, for single-family homes and for condominiums. The volume of sales is picking up, median prices seem to have stabilized, and the number of homes available in the lower [...]
Posts from ‘June, 2009’
Fall-Out is now a real estate term too
The rate of fall-out of signed transactions that don’t actually close is rising rapidly; i.e. a Buyer made an offer on a property and the Seller accepted the offer (and the transaction was marked Pending in the MLS), but the transaction never gets closed, the Seller never gets his or her money, and the Buyer never [...]
What’s Really Going On In The Real Estate & Mortgage Markets…
With all the good news, bad news and puzzling news coming out lately on the real estate and mortgage markets, including lots of stuff on short sales, Rick Robertson and I decided to go ahead and do an updated version of our ‘What’s Really Going On In The Real Estate and Mortgage Markets’ seminar – [...]
Short Sales are in the news, and in our face
I had occasion a couple of weeks ago to do some digging for Short Sale listings in West Bellevue – the area west of I-405 and north of I-90 including Beaux Arts, Enatai, Medina, Clyde Hill, plus Hunts Point and Yarrow Point on the north side of Hwy 520. As a refresher, in a Short Sale an insolvent seller [...]