I follow statistics every friday morning and I am just stunned as to the lack of activity taking place on the island.  I guess it's true that those markets which were affected last will recover later than others.  What an amazing time to be a buyer on the island in that homes which have excessive market times are taking drastic price reductions.  Unfortunately, we're not seeing a lot of great homes to purchase.  It's fairly simple to find a 40-year old not updated home but how about an updated home, on a great street, at a realistic price?   

Check out my weekly trackings to better understand what I am talking about.  Definitely a buyer's market...

http://www.jayagoado.net/blog/QuarterlyRatios(Area510).pdf

 

 
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3 Comments on What is happening on Mercer Island???

MAY
08
5 Featured Posts

Oh. Those numbers are dismal.

Interesting spike that you highlighted in blue. What do you attribute that to?

1:38am • #1

It has been years since there have been any homes for sale under $500K on Mercer Island.  Naturally, those would sell.

10:12pm • #2
JUL
23
How are you. It's a dangerous business going out your front door. Help me! I find sites on the topic: Sample of loan modification. I found only this - card sharing free server. Where members drive provides vehicle buying assistance and discounted car pricing and incentives to its credit union members with hundreds of cars. Those who established their financial service company in scotland, or who have moved here, can testify to the many advantages the country has to offer. Thanks for the help :confused:, Chilali from Niger.
Chilali
9:53am • #3

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Jay Agoado, GRI Mercer Island, WA

Mercer Island, WA

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John L. Scott Real Estate

Address: 7853 SE 27th ST, Suite #180, Mercer Island, WA, 98040

Office Phone: (206) 230-5129

Cell Phone: (425) 260-0715

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Here you can find various things spewing from my brain regarding our market and real estate in general. Feel free to chime in!


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