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3,190 Washington Home Buyers May Lose Their Tax Credits This Week - How Many in Your State? - 06/28/10 03:20 PM
Nearly 3,200 Washington state home buyers may lose their tax credit this week. That's just one state's share of the 180,000 U.S. home buyers hanging by a thread onto the latest tax credit. These are not folks trying to buy a home right now, but people who entered into a contract two months ago to buy a home and qualified for the tax credit. Congress has currently set the maximum closing timeline at 2 months, which would end on June 30. There's an effort under way to have Congress extend this closing deadline, as it doesn't allow for enough time with (4 comments)
Wallingford, Seattle Real Estate Prices Up, Sales Strong - 06/28/10 01:17 PM
Wallingford, Seattle Homes - Real Estate Sales 2010 Sales of homes in Seattle's Wallingford neighborhood are markedly improved over 2009, and prices are showing a rebound at the halfway point of the year. Total sales of single family homes are up 27%, and the median sale price is up 21% vs the first half of last year. As with the usual median price discussion, we don't really have a 21% increase in the value of all Wallingford homes in one year, but more high-end home sales have pushed the median back up to normal levels after a dismal 2008-2009.
Green Lake, Seattle Homes - Real Estate Sales, YTD 2010 The Green Lake neighborhood of North Seattle has continued a strong year of sales through May. Sales of single family homes are up 5% for the first half of 2010, and median prices of home sales continue to rise.
There were 26 houses sold in Green Lake in May, a solid month after a big April in which we had 32 houses sold. Condos make up a small portion of the sales in Green Lake, with an additional 6 condos sold in April and 4 in May. Year-to-date, single (0 comments)
Seattle Foreclosures Stay Low: Bank-Owned Homes Less Than 5% of the Market - 06/28/10 12:55 PM
While foreclosures have certainly increased in the greater Seattle real estate market over the past couple of years, REO or bank-owned homes have yet to make up a significant number of homes on the market. Seattle Foreclosures Seattle currently has 210 bank-owned homes on the NWMLS for sale. This is out of 4277 total active listings, or about 4.9% of all listings.
Bellevue ForeclosuresOn the Eastside, Bellevue has just 32 REO homes listed on the NWMLS, out of 932 total Active listings. At 3.5% of the market, this is again a less-than-significant portion of homes for sale. There's even (2 comments)
New Report Shows Western U.S. Leading Strong Real Estate Sales in May - 06/28/10 12:36 PM
According to a new report by the NAR, home sales in the West and South of the U.S. continued strong gains in May 2010, buffeted by the tax credit and affordable prices. Low interest rates continue to bring new buyers in to the real estate market. Real estate prices are up, home sales are up, distressed sales are down, and interest rates are down. Not a bad month. Excerpts: Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of (0 comments)
While luxury home prices have clearly taken a hit since 2007, sales of multi-million dollar homes continue to rise, more than doubling last year's total. Buyers of luxury homes have been sitting on the sidelines for a few years, and they're finally feeling comfortable that they can get a good value on a Seattle waterfront or luxury home. There were 82 King County homes sold for over $1 million in May, following up a (3 comments)
Case-Shiller/MacroMarkets, Zillow Agree: Seattle Real Estate is Hitting the Bottom - 06/23/10 12:22 AM
While the outlook for recovery and a return to price increases in Seattle real estate is a contested topic, two groups seem to have come to the conclusion that real estate is finally bottoming out. MacroMarkets, using Case-Shiller Indices views the market as headed into recovery mode, and Zillow is predicting it will happen next quarter. MacroMarkets is predicting a moderate increase in home prices over the next five years, while Zillow thinks it will be flat market. For recession-weary home owners, even "flat" is a nice word to hear in the real estate market.
Seattle Real Estate Prices to Rise 3.2% By 2011: CNN Money - 06/23/10 12:11 AM
Following up Money Magazine's projection that Seattle home prices will rise 0.6% in 2010, the further estimate is that prices will rise 3.2% through 2011. Every projection model has its flaws, but this model puts Seattle at #5 in the most likely markets for a housing recover. CNN Money article
Median home price: $365,000Value lost since 2006: 18.1%Forecast gain through 2011*: 3.2%Seattle has become a world-class city with a diverse, vibrant economy. As a home to manufacturers, such as Boeing, and software providers, such as Microsoft, the job market has held up better than average, with December's unemployment rate sitting (0 comments)
Money Magazine Forecasts Rise in Seattle Real Estate Prices For 2010 - 06/22/10 11:57 PM
Money Magazine has a new report out on hundreds of U.S. cities and their forecasted real estate values for 2010. The magazine article (posted on CNN Money) is suggesting Seattle real estate prices will rise 0.6% in 2010. This seems to coincide well with the near 0.1% price increases we're seeing monthly right now. Forecasts for all Washington cities in the article: Washington (Q1 2010 - Q1 2011)
Longview -1.1% Seattle 0.6% Wenatchee 1.2% Mount Vernon 2.2% Olympia 2.3% Spokane 2.8% Yakima 2.8% Bellingham 2.9% Tacoma 3.9% Bremerton 4.2% Kennewick 4.6% Money Magazine article
The trend for 2010 continues to be much stronger sales than in 2009. We had one sale in May 2009 of a houseboat, but it was the only sale for the entire year up to that point. We continue to see more buyers in the houseboat market, with sales rising along with the general (0 comments)
As you pull up to the curb on Lakeside Ave S in Leschi, your might miss this home at first glance. Large trees, mature landscaping, and a downward-sloping lot obscure most of the facade of this Leschi home from the street. Take a quick step down the front stairway, however, and the grand design of this 1930s home quickly comes into view.
The nearly 3300 square foot home is divided over three levels. The main floor is an inviting (1 comments)
Waterfront Real Estate Masterpiece on Seattle's Portage Bay - 2511 Everett Ave E, Seattle WA 98102 - 06/17/10 12:31 PM
Seattle Waterfront Real Estate Tour - 2511 Everett Ave E, Seattle WA 98102A Waterfront Real Estate Masterpiece on Seattle's Portage Bay Portage Bay is one of the lesser-publicized locales of waterfront real estate in Seattle. Situated between the ultra-convenient Lake Union and the expansive, luxurious Lake Washington, Portage Bay can sometimes get overshadowed or even overlooked by some home buyers (at their own expense). The floating homes on the water in this neighborhood are in themselves worth a weekend visit to view the radically different styles of residences.
This house on Everett Ave E builds from the unique style and (3 comments)
Mercer Island Waterfront Real Estate Sales Continue Strong 2010 - 06/11/10 11:37 AM
Mercer Island Waterfront Real Estate Sales, May 2010 There was just one waterfront home sold in Mercer Island during May, a 4340 square foot home on the mid-island. The West-facing home at 6 Brook Bay Rd, Mercer Island WA 98040, has 4 beds, 3 baths, and a 115 foot waterfront spread. The final sale price was $3.625 million. There were no waterfront sales in May 2009. Waterfront home sales in Mercer Island are still up dramatically for 2010 as compared to last year at this point. By May 2009, there were just 3 waterfront home sales, with a median price of (1 comments)
Waterfront Real Estate Sales on the Eastside Nudge Up in May - 06/10/10 06:46 PM
Seattle Waterfront Real Estate Sales Waterfront Home Sales on the Eastside, May 2010 (Lake Washington and Lake Sammamish waterfront) Sales of waterfront homes on the Eastside in May showed large gains vs. last year and improved slighly compared to April. Eastside waterfront continues its resurgence as the housing market settles and buyers re-emerge in the luxury housing category.
There were 8 Eastside waterfront homes sold in May on Lake Washington and Lake Sammamish. After a strong April of 7 sales, the pace seems to be moving right along for a big year. One year ago in May there were just (0 comments)
Big Gains in Seattle Waterfront Real Estate Sales - 06/10/10 01:03 PM
Seattle Waterfront Real Estate Sales Show Big Gains in May Waterfront home sales in Seattle continued their 2010 resurgence with a big month in May. There were eight significant waterfront home sales last month, including four over $1 million. That number is twice the number sold in May 2009, and a big increase over the 5 waterfront homes sold in April, which was in itself a big improvement over last year. Overall, the trend toward more waterfront real estate sales is getting stronger as the year goes on. We now have 29 waterfront homes sold so far in 2010, more than (0 comments)
Spectacular Luxury Living in Kirkland’s Woodland Cove – 8422 NE Woodland Cove Dr, Kirkland WA 98034 - 06/08/10 03:52 PM
Seattle Waterfront Real Estate Tour: 8422 NE Woodland Cove Dr, Kirkland WA 98034 Spectacular Luxury Living in Kirkland's Woodland Cove Community on Lake Washington Kirkland's Woodland Cove community is just a small enclave on the Northeast shore of Lake Washington, but step inside the gates and you'll feel as if you've stepped back in time a bit. Perfectly manicured lawns and shrubs line immaculately-laid brick streets. The softly-flowing streets amble past picturesque homes with views of Lake Washington from nearly every piece of real estate in the neighborhood. While most of the homes are actually built fairly recently, the architectural (0 comments)
Ease of Luxury Living in Kennydale – Renton Waterfront Home on Lake Washington – 7023 Ripley Lane N, Renton WA 98056 - 06/05/10 02:17 PM
Seattle Waterfront Real Estate Tour: Renton's Lake Washington Waterfront in Kennydale7023 Ripley Lane N, Renton WA 98056 Easy Living on Kennydale's Lake Washington Waterfront I spent the day touring the Eastside waterfront with clients yesterday, from the North end of Juanita down to this final home in Kennydale, the Northern tip of Renton on Lake Washington. Every neighborhood exudes its own distinct feel, and the essence of Kennydale is laid-back living.
While the homes are gorgeous, well-built, and have views of some of the calmest waters on Lake Washington, there's also no pretense or ostentatiousness. The homes and the streets (2 comments)
Views For Miles and Expansive Waterfront in West Magnolia – 2657 Perkins Lane W , Seattle WA 98199 - 06/02/10 02:19 PM
Seattle Waterfront Real Estate Tour: 2657 Perkins Ln W, Seattle WA 98199Views For Miles and Expansive Waterfront in West Magnolia While there are a wide variety of waterfront properties in the greater Seattle area, there are a select few pieces of real estate with a true, deep saltwater beach with walkable access. This home on Magnolia's Western shore is just that kind of property, about as close to oceanfront real estate as you can find in Seattle.
This three story house on Perkins Lane is a 1920s-built beach home with plenty of interior space. The 2600 sq ft structure has (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.