Maple Valley Short Sale Market Update - 07/19/10 05:12 PM
Maple Valley area short sales (single family homes within the Tahoma School District boundaries) currently make up approximately 16% of Active Listing inventory. However short sales comprise approximately 41% of pending sales (homes under contract waiting lender approval or financing for the buyer).
So why the difference?
Partly it is due to the length of time a short sale takes to negotiate. These properties stay in escrow longer than a "regular sale" which is usually closed within 30-45 days. These regular sales flow into and out of the Pending pipeline while many short sales stay in place longer.
Another reason may very … (2 comments)

Maple Valley's Monday Market Snapshot - 07/12/10 10:29 PM
Maple Valley homes for sale that fall within the Tahoma School District boundaries currently number 269. The lowest listing price is $99,900 and the highest listing price is $2,995,000.
 
Inventory seems to be decreasing slightly as units sold are almost equal to the number of
available listings
.

Many home owners in the area are wondering if they should sell now or wait and the answer I give every time is “it depends”. Feel free to call or email anytime to discuss your specific situation and real estate goals to see if you should try to … (2 comments)

Short Sale Activity in South King County - 07/07/10 08:16 PM
Like it or not, short sales aren't going away anytime soon. As more and more home owners realize the benefits of working with the bank on a short sale, rather than going through the foreclosure process, they will begin to seek out experienced agents who can help them navigate the process.
Below are several charts demonstrating Short Sale listing and sales activity by City; Auburn, Black Diamond, Covington, Federal Way, Kent, Maple Valley, Renton, Enumclaw and Ravensdale.

 

 

 
 
*Represents single family homes listed through NWMLS only and does not reflect private party sales.
… (2 comments)

 
Cfar Rainmaker_large

NW Real Estate |Colleen Fischesser & CO Seattle to Tacoma|Short Sale Specialist!

Renton, WA

More about me…

RE/MAX Select R.E | Designated Broker/Owner

Address: 1002 Park Ave N Suite A, Renton, WA, 98057

Office Phone: (425) 432-5400

Cell Phone: (206) 491-3819

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The Real Estate Scoop as it pertains to the Pacific Northwest, primarily South East King County where you can get more for your money but are within driving distance of the Seattle Waterfront or Cascade Mountain Ranges. I love to keep on top of what is going on it the local market and with new technology in the industry. Feel free to email or post a comment or question anytime!

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