market stats: Snapshot of the Market - 07/01/10 03:41 AM

 
Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
There are currently 308 homes for sale with prices ranging from the low 100,000's to just under 3 million.
2-bedrooms homes for sale:  11 3 bedroom homes for sale:  132 4 bedroom homes for sale:  124 5+ bedroom homes for sale:  41  
There were 35 homes that sold in June, 2010.   29 were re-sale homes and  6 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  9% Bank Owned:  31.5% Short Sales:  11.5% Regular Re-sales:  48%   
The … (3 comments)

market stats: Snapshot of the Market - 06/04/10 12:23 PM

Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
There are currently 294 homes for sale with prices ranging from the low 100,000's to just under 3 million.
2-bedrooms homes for sale:  12 3 bedroom homes for sale:  123 4 bedroom homes for sale:  124 5+ bedroom homes for sale:  35  
There were 45 homes that sold in April, 2010.   36 were re-sale homes and  9 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  20% Bank Owned:  16% Short Sales:  8% Regular Re-sales:  56%   
The average … (0 comments)

market stats: Snapshot of the Market - 05/03/10 04:05 AM
 

 Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
There are currently 274 homes for sale with prices ranging from the low 100,000's to just under 3 million.
2-bedrooms homes for sale:  7 3 bedroom homes for sale:  122 4 bedroom homes for sale:  113 5+ bedroom homes for sale:  32  
There were 34 homes that sold in April, 2010.   25 were re-sale homes and  9 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  26% Bank Owned:  9% Short Sales:  6% Regular Re-sales:  59%   
(2 comments)

market stats: Snapshot of the Market... - 04/08/10 04:56 AM

 
 
Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
There are currently 298 homes for sale with prices ranging from the low 100,000's to just under 3 million.
2-bedrooms homes for sale:  5 3 bedroom homes for sale:  135 4 bedroom homes for sale:  124 5+ bedroom homes for sale:  34  
There were 47 homes that sold in March, 2010.   32 were re-sale homes and  15 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  32% Bank Owned:  21% Short Sales:  11% … (1 comments)

market stats: Snapshot of the Market - 12/02/09 05:51 AM

 
Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
Last month there were 290 homes for sale, currently 294 homes for sale.  The prices range from the low 100,000's to just under 3 million.
2-bedrooms homes for sale:  14 3 bedroom homes for sale:  131 4 bedroom homes for sale:  109 5+ bedroom homes for sale:  40  
There were 45 homes that sold in November, 2009.   25 were re-sale homes and  20 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  44.5% Bank Owned:  20% Short Sales:  … (1 comments)

market stats: Snapshot of the Market... - 11/02/09 02:30 AM

 
Here is a quick look at what it going on in the real estate market in our area, zip code 98042...
There are currently 290 homes for sale with prices ranging from the mid 100,000's to over 3 million.
2-bedrooms homes for sale:  9 3 bedroom homes for sale:  132 4 bedroom homes for sale:  114 5+ bedroom homes for sale:  35  
There were 50 homes that sold in Ocotber, 2009.   35 were re-sale homes and  15 were new construction.
A further breakout shows what type of homes sold..,.
New Construction:  30% Bank Owned:  18% Short Sales:  18% Regular Re-sales:  … (3 comments)

market stats: Don't Miss the Boat - 02/26/09 12:54 PM
Don't Miss the Boat
I was talking to a couple the other day about selling their home.  They said that they are thinking they would like to make a move this year, and they are going to start getting the house ready so they can bring it on the market in time for the "selling season".
I asked them what they meant by that, the "selling season."  And the told me, "You know, late spring and summer, when the weather gets nice, the kids are out of school and people start buying."
What I shared with them greatly surprised them, and … (8 comments)

market stats: Does it still make sense? - 02/08/09 05:53 AM
 

Many of you are wondering if real estate is still a wise investment.  In the past months we have seen the equity in our homes slip backwards, and if you recently bought your house you might not be able to sell it for what you paid for it.  The stock market has taken a dive and our hard earned savings are just not what they use to be.
So is buying a home still the right thing to do.  YES!  And for many reasons.
First off, the joy of home ownership.  There is a pride in knowing that it is … (0 comments)

market stats: Market Update - 01/11/09 01:23 PM

 
2008 has come to a close and I don't many in the Real Estate Industry that aren't glad to usher it out the door and greatly welcome in 2009!  2008 was certainly not a banner year for the industry, but as always, where tough times exist opportunity abounds.
By the end of 2008 we have seen our equity slide off about 10%.  But after several years of 10+% gains, most home owners still have a nice nest egg in their house and Seattle is weathering the storm well comapred to much of the nation. 
For December, 2008 closed sales, the … (0 comments)

market stats: Market Update - 11/17/08 11:34 AM
 

The MLS recently posted a news release and the headline read, "Housing Activity in Western Washington During October Described as "Disappointing, but NOT Unexpected".  And the title pretty much sums up the article.
With all the uncertainty in the financial markets, buyers are feeling very skittish about where things will go, and therefore are very slow to react when it comes to making one of their biggest financial decisions.
The article was quoted as saying, "October's pending sales fell more than 27 percent from the same month a year ago, and dropped nearly 26 percent from September." 
Though the … (2 comments)

 
geri wehry, your agent for life (RE/MAX Select R.E.)

geri wehry

your agent for life

Covington, WA

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