Over six months ago I predicted that we will start seeing more homes in Bellevue available for sale for less than $500k.  At that time, there were very few.  The number of sub half million dollar houses in Belleve is indeed growing again.  Today there are 48 SFR listed for sale in Bellevue - and that's only the ones currently on the MLS.

(The list should be a lot bigger - there are at least three different sub $500k homes for sale on my street - but they're all listed for more than $700k.

One other thing that is very noticable - sellers are once again accepting contingent offers. Not too long ago, there were so many buyers that sellers would not think of accepting an offer contingent on being able to secure financing - or worse yet, trying to sell another property.  It appears that sellers are becoming a bit more flexible.

BTW - Progress on the DeLuz.com and YourEastsideBroker.com real estate search sites is going great!

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