foreclosures: West Seattle real estate market sales report 2011 - 02/05/12 11:52 AM
Here is West Seattle real estate market sales report for 2011. Majority of the sales in West Seattle were non-distressed properties, with a sales percentage of 69% compared to Forelcosures at 19% and Short Sales being 12%.
I noticed that non-distressed properties were fetching higher sales prices and were on the market less than distressed properties. I believe its due to Buyers not wanting to wait for a short sale to get approved in 90-120 days and the foreclosures that were selling needed work, therefore forcing Buyers to think twice about fixing a home and being cash poor.
Here is more … (0 comments)

foreclosures: Kirkland home for sale coming soon on the market in Finn Hill- investor remodel - 01/26/12 09:49 AM
Kirkland home for sale coming soon on the market in Finn Hill - investor remodel and it will have all the amazing details a home Buyer is looking for. The home is under construction and is just weeks away from being completed. Just waiting for a nice sunny day to paint exterior, lay carpets, install appliances and finish up the landscaping, then it will be ready to be listed for sale.
Here is what it looks like outside right now.

Are you searching for short sales or forclosures in the Finn Hill / Kenmore area? View all homes for sale … (0 comments)

foreclosures: Traditional real estate sales in Kirkland - Finn Hill home values - 01/25/12 06:29 PM
Traditional real estate sales in Kirkland- Finn Hill outperformed short sales and foreclosures in home values plus two other categories. Traditional sales in Finn Hill were much better received by home Buyers in comparison to short sales and foreclosures.
Here are three examples as to how traditional sales outperformed in Finn Hill;
1. Sales Price Values = 29% more
2. Days on Market = 31 days less
3. $/SQFT (Price per SQFT) = 11% more
Finn Hill is a community that offers lots of options to future homeowners wanting to relocate to this area. Here are jsut a few that are … (0 comments)

foreclosures: Finn Hill home values- comparing short sales, foreclosures and traditional sales for 2011 - 01/22/12 06:05 PM
Finn Hill home values- comparing short sales, foreclosures and traditional sales for 2011 Curious as to what real estate values are in the Finn Hill area?
Here are two graphs that show a picture of what’s going on in your community with a side-by-side comparison between short sales, foreclosure, and traditional sales (“non-distressed”) home values.
Traditional sales (non-distressed) over short sale values fetched 24.66% higher values, and 33.57% compared to foreclosures.
Short sales out performed foreclosure when it comes to retaining a higher sale price by an average of 13.4%. Looks like Banks are leaving money at the table. It’s in … (0 comments)