Real Estate Market Overview:
Our real estate market is continuing to look solid, with good statistics and increasing good press. There is quite a bit of good news in terms of number of new purchase transactions completed, and Days-On-Market (the average time it takes to sell a home) continues its welcome decline. However, some of that [...]
Posts under ‘Bellevue’
October ‘09 – Reiling’s Real Estate Market Report – Greater Seattle / Bellevue Area
Food For Thought: The High End Still Isn’t Moving; The Months-Supply Breakpoint
For all that we have made a lot of progress in our housing market, most of that progress has been in the low to middle price range. The high end still isn’t moving in the greater Seattle/Bellevue area. A couple of months ago we talked a bit about how Months Supply suddenly jumped from about [...]
September ‘09 – Reiling’s Real Estate Market Report – Greater Seattle, Bellevue, King County
Overall, our greater Seattle / Bellevue / eastside real estate market is continuing to look solid, with good statistics and even a little good press. We had a late start this Spring while everyone was still justifiably nervous about what was going on with the economy, so maybe we can expect a little stronger Summer/Fall [...]
East Bellevue – Months Supply – A Case Study
For all that we have made a lot of progress in our housing market, most of that progress has been in the low to middle price range. A couple of months ago we talked a bit about how Months Supply suddenly jumped from about 6 months in the low and middle price range to about [...]
August ‘09 – Reiling’s Real Estate Market Report – Greater Seattle/Bellevue, King County
Our Greater Seattle-Bellevue-Eastside real estate market is continuing to look a lot more solid, with good statistics and even a little good press. We had a late start this Spring while everyone was still justifiably nervous about what was going on with the economy, so maybe we can expect a little stronger Summer/Fall season to [...]
Food For Thought: This Is Beginning To Look Suspiciously Like A Recovery
The statistics and charts below from our July Market Update look to me like our Greater Seattle / Bellevue / Eastside housing market may be in the early stages of a recovery.
Residential Sales Charts Condominium Sales Charts
Given all the doom and gloom we hear about the housing market, it is fair to ask “How could that be?” So here’s [...]
July ‘09 – Reiling’s Real Estate Market Update – Greater Seattle, Bellevue, King County
There’s something interesting going on in our Greater Seattle / Bellevue / Eastside housing market. It’s hidden inside the statistics and charts, so let’s dive in.
The links below provide a graphical summary of Real Estate Market Statistics for the Seattle/King County area over the past 3+ years, for single-family homes and for condominiums. The volume [...]
June ‘09 – Reiling’s Real Estate Market Update – Seattle, Bellevue, King County
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 [...]
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 – [...]