Blog - Rion Real Estate

Archive for March, 2009

Tracking Finn Hill Real Estate

Tuesday, March 31st, 2009

Interested in what’s happening with Finn Hill real estate?  Since we live in the area, we’ve been tracking information for a while now. 
It occurred to us that we should be posting the information for public consumption so we’ve created a page to do just that http://www.rionrealestate.com/finn-hill.
Here’s a preview of one of the charts:

There’s a quick [...]

Distressed Homeowner Law Update - March 2009

Wednesday, March 25th, 2009

Remember the Washington State Distressed Homeowner Law?  It’s the one that created potential pitfalls and serious liabilities for real estate agents and potential buyers.  We’re one step closer to a fix.  According to the Washington Association of Realtors:
“Distressed Properties Law Fix Passes House; Governor’s Signature Next!Washington REALTORS® are pleased to announce that SB 5221, the [...]

Seattle Real Estate Market News Round Up

Tuesday, March 24th, 2009

You’ve probably heard by now that sales of homes in the Western United States improved in February.  Not to be a wet blanket….but while I think that could be an encouraging sign, we’re not out of the woods yet.  As always when it comes to real estate, buyers and sellers should be making decisions thoughtfully with information specific to [...]

On The Road to Yakima

Wednesday, March 18th, 2009

We had an excellent excuse to take a drive to Yakima today, so we seized upon it and hit the road this afternoon.  It was a great day for a drive.  We even found the sunshine after we made it over Snoqualmie Pass! 
It was cloudy and fifty degrees as we left Kirkland.  It cooled down to [...]

Okay, The Seattle Real Estate Market Is Crummy

Tuesday, March 17th, 2009

Now what do we do?  Granted, crummy is a relative term.  Compared to other areas, our market seems absolutely peachy.  For some - sellers who want the darned house sold already - it feels like the pits. 
What do we mean by crummy?  Upside down home owners, wannabe buyers without a big enough down payment, job [...]

No Rentals: When Your Only Option is Off the Table

Thursday, March 12th, 2009

What do you do when your home doesn’t sell and you have to move on?  Renting is the answer for many property owners.  Whether being a landlord was part of an owner’s plan for investing in real estate or if it came as a last ditch effort to cover a mortgage, the increase of rentals [...]

How Banks That Own Real Estate Act Like Dogs

Monday, March 9th, 2009

Alex coined an interesting phrase today while on the phone with a client. 
“Dealing with a bank is like encountering a stray dog.  You never know if it’s going to be friendly or if it’s going to turn around and bite you.”
It’s kinda goofy, but so apt!  Real estate agents, home buyers, and home sellers have lots of [...]

Juanita Beach View Condo - New Listing

Saturday, March 7th, 2009

This is a great 2 bedroom, 2 full bath third story unit with 2 assigned garage spaces for $265,000.

You can check out the details on the featured listing page.  Or if you don’t think this listing is right for you and you’d like to search for one that is, please use our Seattle real estate [...]

Bank Wants Me To Get Prequalified by Their Lender?!?

Tuesday, March 3rd, 2009

When you’re considering bank owned homes, you might run across a situation where the selling bank says that they’re going to require you to get pre-qualified by a specific lender.  It seems pretty presumptuous and, frankly, many buyers knee-jerk reaction is, “They can’t make me do that, can they?” 
The Washington Realtor News publication has a [...]