buyer: Market Trends - 08/06/09 06:16 AM
This graph shows the reduction of new construction inventory on the Eastside.  As you can see the trend is leveling off at about eights months of inventory based on pending sales.  Just about every trend is showing a leveling off over the last three months.
 
Even the Case Shiller index has leveled off over the last three months.  This takes us back to prices around June of 2005: (Index over last 12 months)
 
There was a dramatic increase in the prices of homes sold vs the for sale price.  This probably reflects the increase sales in higher price ranges … (0 comments)

buyer: First Google… Now Yahoo... Here come the Relos? - 08/06/09 04:30 AM
Rumors where flying and people where making plans for years anticipating the wave of new Google employees.  Hundreds would move into town and into the corporate center in Kirkland. (See my blog from earlier)  When the economic climate changed so did Goggle's plans.  The migration of high tech, high paid new home buyers fizzled.
Now Microsoft to the rescue.   Enter the partnership with Yahoo, 400 Yahoo employees will be hired by Microsoft.  No one is sure where these people will move to... but we d know that Microsoft has reworked its relocation department. 
The real estate company that had an exclusive relocation … (0 comments)

buyer: Google Where are You? - 02/19/09 09:38 AM

The Kirkland, WA Google Lakeview Office Complex.
The plan to build the Google offices in Kirkland started years ago.  It sounded great for everyone, especially the Eastside Real Estate Market.
The rumor was that Google had grown and matured as a company and now had 100's of middle mangers and directors.  They could not all make millions a year but they made good six figure incomes.  However, around San Francisco and Mountain View California, six figures doesn't buy much.  So the plan was to move some of this group to Kirkland where their salaries could buy nicer homes and schools … (1 comments)

buyer: Kirkland and Juanita Housing Markets - 01/29/09 02:47 AM
There's Kirkland, then Juanita and Finn Hill.  The lifestyle is different in each area and so is the housing market.
 
Here is the difference in inventory between Kirkland and Juanita.
 
Kirkland is 24 months:
 
 Juanita is 7.8 Months:
 
Kikrland For Sales, Solds, and Pends:
 
Kikrland For Sales, Solds, and Pends:
 
You can see the Juanita area is performing better than the General Kirkland area.
 
(0 comments)

buyer: Ten myths for buyers and sellers - 01/26/09 02:17 AM
Barbara Corcoran on the Today Show talked about ten myths for buyers and sellers.  This is great information everyone.
Myths like:
The longer the house is on the market, the more you can negotiate.The sellers today are desperate.You shouldn't buy before prices have bottomed.And one issue I talk about:
Now's the absolute worst time to sell.Barbara says "... if you're a homeowner who wants to trade up, the loss you'll take on your current home will be more than offset by the bargain you'll get on the next one."
Hopefully, further information like this will take away more of the uncertainty in the … (0 comments)

 

Bill Blanchard

Kirkland, WA

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