The Greater Seattle residential real estate market is continuing to show strong sales through June, especially in the lower and medium price ranges as the tax credit boost works its way through the pipeline. The July data will tell the tale of what back to ‘normal’ looks like.
Posts Tagged ‘King County’
May ’10 – Reiling’s Real Estate Market Report – Greater Seattle / Bellevue / King County Area
The Greater Seattle residential real estate market is continuing to show strong sales through May, especially in the lower and medium price ranges as the tax credit boost works its way through the pipeline. The July data will tell the tale of what back to ‘normal’ looks like.
The Shape of the Eastside Residential Market
Ever so often someone asks me about the number of houses available in a particular price range. Typically it is not an idle question; it is more like the opening round in a discussion about what it would be like to try to sell their house right now. Depending on their price range, we often [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 6 – Foreclosure
In the previous articles in this ‘My Mortgage is Underwater. Now What Do I Do?’ series, we discussed Option 1 – Sit Tight in the first article. Then we discussed some options you might pursue if you didn’t have the income or the savings to be able to continue to make your mortgage payment: Option 2 – Loan [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 5 – Strategic Default
In the previous articles we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight in the first article. Then we discussed some options you might pursue if you didn’t have the income or the savings to be able to continue to make your mortgage payment: Option 2 – Loan Modification, Option 3 [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 3 – Short Sale
In the previous articles we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight and Option 2 – Loan Modification.
Now what if you really can’t make your mortgage payment? Not even reduced ones. Lost your job or got injured…. Savings running out…. This is tough stuff. But a lot of people [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 2 – Loan Modification
In the previous article we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight. That works if you can still afford the mortgage. If you can’t, we need to go to Option 2 – Loan Modification.
Banks and other mortgage lenders may be willing to consider a loan modification if [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 1 – Sit Tight
This new real estate ‘technical’ term underwater is getting quite a bit of press lately, and unfortunately it applies to a lot of us. What it means is “my house is no longer worth as much as I owe on it.” It means your equity is gone, and it also means that you can’t easily [...]
March ’10 – Reiling’s Real Estate Market Report – Greater Seattle / Bellevue / King County Area
Real Estate Market Overview
Our Greater Seattle residential real estate market is continuing to look solid on a price basis, and is sneaking up on a whole year at essentially the same stable price level. However, the hopeful blip in condominium prices last month didn’t hold up, and condo median prices are back to their December level - [...]
Predicting the Housing Market Recovery
When people ask me “How soon are home prices around here going to recover?”, I have been saying that I don’t think they will really start to ‘recover’ for at least 3 to 4 years.
The question usually comes from someone who wants to sell, but is having a hard time dealing with the fact that [...]