Bill Blanchard's (bigbill1005) Blog

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Real Estate Agent - Windermere
RECENT BLOG POSTS
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, hi...
08/06/2009
This graph illustrates the dramatic decline of new inventory on the eastside.  Because of the lack of new permits being issued and builders concentrating on selling current inventory, this lack of new construction will put pressure on the overall market.     Other Market indicators: We will conti...
07/05/2009
The new Case Shiller numbers came out today The index for the Seattle Tacoma area rose in April, 2009 just under .25%.  This is the first increase since August of 2007.  A few other cites showed an increase but the national composite index continued to show price declines. However, it slowed from...
06/30/2009
HEADLINE: Baltimore Sun: Shortage Of New Homes Seen -- Credit Crunch Means Fewer Units Will Be Ready When Recession Eases Analysts have been predicting a shortage on new homes in the Puget Sound area will start in September due to the lack of new construction permits being issued.  Looking at thi...
04/28/2009
Overall, March data shows the market improving slightly with months of inventory declining to a 10 mouths supply down form 16.5 in January.   Eastside Months of Supply based on Pending sales:    Eastside Overall Sales:   Eastside Cost Per Square foot.  Kirkland Kirkland (98033) Months of Supply b...
04/28/2009
The S&P/Case-Shiller 20 Home Price Composite Index fell 1.9% nationwide during February and the decline lowered prices by 18.6% during the last twelve months and by 29.9% since their peak in May 2006. In the Puget Sound Region, prices fell 1.27% from January.  This decline lowered prices by 19% d...
04/28/2009
For all of you who love data, here is some information about Kirkland. The Case- Sheller index for January (released 3/31) still has values dropping about 3% a month for the Puget Sound area but the annual trend is slowing. West of Market in Kirkland, WA as of April 2nd has about 56 homes listed ...
04/02/2009
As agents we are now being asked "What is this tax credit for first time home buyers?"  Especially now that there are great deals and low interest rates.    Here is some great in formation I got from my Title agent at Commonwealth Tile and Escrow. Tax Credit at a Glance • The tax credit is availa...
03/26/2009
As agents we are always asked "what can I do about my taxes?"  Especially now that values have fallen in relation to their assessment.   Here is some great in formation I got from my Title agent at Commonwealth Tile and Escrow. The King County Assessor revalues all property in King County each ye...
03/26/2009
You are going to hear this phrase more and more as the housing market stabilizes.  It means from the top of the market to the point at which we no longer see declining numbers. Moody's says home prices in the United States will hit their low point in the fourth quarter of 2009, with the Case-Shil...
02/26/2009
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