Seattle Real Estate:

Real estate in 2009 is undoubtedly different than it was just a few short years ago – fewer sales are taking place, market times for sellers are longer, and prices have come down. What does this look like for us here in King County? The numbers can be sliced many different ways depending on home [...]

As I was reading the headlines this morning I noticed that Seattle made Forbes Top Ten List for Recession Recovery. Here’s what they had to say: Seattle-Tacoma-Bellevue, Wash. Current GDP: $168.3 billion End of 2010: $179.8 billion (projected) Unemployment: 8% Although battered by recession, the Seattle area’s high-tech economy is poised to start growing again. [...]

Summertime officially reached the Seattle area this past week – sunny days, high temps, and the warm weather chorus, “Are we there yet?” You might be hearing that all too familiar query from the backseat…but as real estate practitioners, we’re hearing it from all corners. The answer?  In my opinion and in a word…no. I’m [...]

In a headline today over at the Seattle PI they’re asking some questions namely, “Pending home sales up again, but will they close?” The article goes on to say: “Pending local home sales continued to surge in May, but that has yet to start translating into more closed deals, according to a new report. Buyers [...]

Real estate statistics are imperfect.  Spin ‘em one way and they lead you in one direction, spin ‘em another and you’d draw a different conclusion. I’ve documented my opinion in the past, but I’m not above displaying stats for the sake of looking at a trend over time.  We follow the daily real estate headlines [...]

The competition out there for home sellers is tough in some areas.  Compound the large inventory with tougher mortgage guidelines and that means longer market times…and, in many cases, lower sales prices.  When the going gets tough, the sellers (and their agents) need to get creative. One selling technique that might help move a potential [...]