http://greaterseattlehomesblog.com A blog about homes, real estate and local interest stuff in Greater Seattle, Bellevue and the Eastside Mon, 22 Feb 2010 02:47:06 +0000 http://backend.userland.com/rss092 en 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 ... http://greaterseattlehomesblog.com/february-%e2%80%9910-%e2%80%93-reiling%e2%80%99s-real-estate-market-report-%e2%80%93-greater-seattle-bellevue-king-county-area/ There's sure a lot of stuff being written these days about interest rates, and it certainly is a legitimate hot topic.  The most common view, often espoused by real estate agents and mortgage lenders, is that rates may go up significantly in the second half of the year - so ... http://greaterseattlehomesblog.com/whither-interest-rates/ 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 ... http://greaterseattlehomesblog.com/the-move-up-downsize-move-around-tax-credit/ 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 ... http://greaterseattlehomesblog.com/reilings-real-estate-market-report-2010-the-year-ahead/ Every year we hear people talking about the holiday season slowdown in the real estate market, and asking questions like "Is it a good time to buy?" and "Is it a good time to sell?"  So I decided to take a look and see how strong the effect is in ... http://greaterseattlehomesblog.com/the-holiday-effect-on-the-real-estate-market/ Real Estate Market Overview Our real estate market is continuing to look solid on an ongoing basis, and of course is starting to look very good compared to the crash months of last Fall.  Last Fall, home sales, both residential and condominium, fell precipitously from October to November.  Not so this ... http://greaterseattlehomesblog.com/december-%e2%80%9909-reiling%e2%80%99s-real-estate-market-report-%e2%80%93-greater-seattle-bellevue-king-county-area/ 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 ... http://greaterseattlehomesblog.com/what%e2%80%99s-going-on-with-the-seattle-bellevue-condominium-market/ Real Estate Market Overview Our Greater Seattle / Bellevue real estate market is continuing to look solid, with median prices on both condominiums and single family homes holding pretty steady for nearly 7 months now.  Inventory continues to drop in both categories, as does Months Supply.  Closed Sales in both categories ... http://greaterseattlehomesblog.com/november-09-reilings-real-estate-market-report-greater-seattlebellevue-area/ This newly-signed legislation contains quite a few parts, including a new tax credit for move-up buyers as well as extension of the timeframe for first-time buyers:  (Thanks to MMG for this excellent summary) - Extended Timeframe for First-Time Homebuyers- New Tax Credit for Move-Up Homebuyers- Higher Income Caps- Tax Incentives for Energy ... http://greaterseattlehomesblog.com/homebuyer-tax-credit-now-for-move-up-buyers-too/ 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 ... http://greaterseattlehomesblog.com/october-09-reilings-real-estate-market-report-greater-seattle-bellevue-area/