A blog about homes, real estate and local interest stuff in Greater Seattle, Bellevue and the Eastside
Real Estate Market Overview
Our Greater Seattle real estate market is continuing to look solid on a price basis, and continues to show the usual seasonal inventory patterns through the beginning months of the year. The level of Closed Sales, i.e. purchase transactions completed, continues to be seasonally strong. Closed sales levels for single family homes [...]
Thinking of moving? If you are or recently have been a homeowner, this $6,500 tax credit is for you.
Many people are now aware of the First-Time Homebuyer Tax Credit. Not nearly as many are aware of the similar tax credit for current and previous homeowners.
The tax credit, $6,500, is paid back to you through the [...]
2010 – The Year Ahead
Our greater Seattle-Bellevue real estate market is really in a state of flux right now, with lots of opposing forces trying to push parts of it around. In the Market Overview section below I will try to show what those opposing forces are, and then in a following series of posts [...]
The graphs below are the result of a study I did on the condominium market in the greater Seattle / Bellevue urban area, including all of Seattle and the Eastside from Renton Highlands to Bothell and out to Sammamish. The first chart is a fairly traditional graph of the overall condominium Months Supply in this [...]
Bellevue Greater-Seattle Redmond Kirkland
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]