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 [...]
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 you should buy now. While [...]
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 [...]
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 our Greater Seattle-Bellevue market, and [...]
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 year. The level of Closed [...]
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 [...]