bellevue: Elegant, Polished, You ~ Classic Bellevue Home
- 06/11/16 01:55 PM
Welcome to this warm, elegant and inviting space created by a local, esteemed designer. Entertain in style in the chef's kitchen with stone counters, farmhouse sink & subway tile. Relax... choosing your favorite master suite on either floor. Custom finishes inside and mature, beautiful spaces outside.All of this beauty and the benefits of award winning schools nearby, the choice is simple.... Click Here for the 3D Virtual Tour.
UPDATE - Our clients received multiple offers and were able to pick an all cash offer of $75,000 over list price. But that's not it! On the same day of their home closing we also assisted … (1 comments)
bellevue: End of 2012 unemployment numbers are out and WA is looking good!
- 01/18/13 03:07 AM
Preliminary data is out for unemployment rates across the USA and it’s more good news for WA. As of Dec 2012 the number for WA is down to 7.6% BUT what is even cooler is that the number specifically for the Seattle/Bellevue/Everett area is down to 6.5%! Want to read the entire report? You can go to this link for the Bureau of Labor Statistics. Yes, we real estate brokers can be serious number nerds too… … (0 comments)
bellevue: Shredding and Old Electronics Recycling- Client Appreciation Event!
- 05/16/12 07:15 AM
Whether you've been a client yet or not with Team Reba, we want to invite everyone to come and take advantage of this awesome event! Bring papers and documents to be shredded or bring small electronics including computer CRTs, kitchen gadgets, etc. Notes below show some of the stipulations to follow. Saturday, May 19, 2012 9:00am until 12:00pm … (2 comments)
bellevue: Update on cash buyer activity in Seattle/Bellevue area...
- 01/31/12 03:12 AM
Updated on how much cash we're seeing.... had a client lose out on a bid for a nearly $1,000,000 home to an all cash buyer this past weekend. Wow! Those people with cash who've been sitting on the sidelines in the Seattle and Bellevue market place seem to believe we're starting to pull out of continued price reductions. These kinds of deals are popping up in the most popular areas of our region including north Seattle neighborhoods, Bellevue, Kirkland, Sammamish, Issaquah, and Redmond. … (0 comments)
bellevue: Is your daily latte habit keeping you from owning a home?
- 10/04/11 12:22 PM
Many times in the 8.5 years since I've been a real estate agent I've been asked by people how it is possible to save up enough money for a down payment and the closing costs of a house or condo? Given that there are homes in the outlying areas of Seattle and Bellevue where price points have dropped under $100,000 for homes and condos, it's worth considering buying over continuing to rent especially if what you're paying in rent is more than your payment and HOA dues (if any) would cost you. Here is an estimated example (I'm not a loan officer so am … (24 comments)
bellevue: The Seattle market is tilting but it's really only like a seesaw....
- 07/12/11 06:52 AM
I read daily reports on the real estate sector and some of the online news says the market is stabilizing and others say it's in a continued decline. In the Greater Seattle area, depending on who your clients are and where they're looking to buy or sell, it can get mighty confusing. Here's the thing... the adage that real estate is local has never been more true. And, in fact, it's hyper-local. What is happening in the Greenlake area of town is nothing like what is happening in Lakeridge, or Crown Hill, Capitol Hill, or University District, or Belltown. Same thing … (2 comments)
bellevue: Is Seattle metro area really a declining market?
- 05/12/11 09:30 AM
So, I've been working with buyers lately in a wide swath of price points. And I mean wide... One of the buyer's price points ($40k) looks like the rounding error on another's (up to $1.4 Million). Along with this, my team's listing activity is picking up and we're talking to even more people about their need for traditional and short sales, so we're seeing homes in all price ranges from $135k to $1.2M. What was interesting is that as we look at each individual market area in our tri-county area, there are pockets where it seems that market forces are stabilizing a … (0 comments)
bellevue: Do you feel the momentum?
- 05/11/11 01:22 PM
A lot of people I've been talking to lately in the Seattle/Bellevue metro area of Washington have mixed feelings about the marketplace. We're still seeing price declines in many areas and several lenders we've talked to have stated that we've been placed on the "declining market" list for financial institutions. However, me and my team are noting that our business has really been picking up. At the very beginning of the year (2011) we noticed that the energy was changing. Then we started noting that client activity and interest was picking up. Now we're seeing more offers actually emerging and more … (1 comments)
bellevue: Seattle metro area becomes a place where it's more affordable to buy than rent
- 05/03/11 01:26 PM
One of the many websites that tracks real estate activity across the nation, Trulia, recently released a report comparing the virtues of buying versus renting a home which was picked up by Inman News. The report states that if a city is ranked 1 to 15, then it is cheaper to buy versus renting. If a city is ranked 16 to 20, then it's likely that buying a house is cheaper but it will depend on individual circumstances of the buyer, and anything above 20 is an area where renting is still cheaper overall. You can access the full article via … (0 comments)
bellevue: Washington State has roughly 21-30 months of shadow inventory coming from bank owned properties.
- 04/21/11 09:46 AM
For those of you who thought we were close to being out of the woods when it comes to distressed properties, I have bad news for you. In today's Advanced CDPE call (a designation I highly recommend) a map of the US was shown that listed out shadow inventory level expectations for each state. Mine (WA) was smack in the middle of the pack. Granted, with real estate being hyper-local it could mean that those inventories will be outside of my area, but I doubt it since I work in the King, Snohomish and Pierce County areas with my team of … (1 comments)
bellevue: Excellent resources for investment property owners in Puget Sound
- 03/31/11 05:52 AM
For those of our Team Reba readers who are looking into real estate property investment purchases, there are a couple of really great resources to get to know locally in the Greater Seattle and Bellevue metro area. Dupre + Scott has been following apartment ownership and rental trends for many, many years and has probably the best reputation of anyone locally for knowing what's impacting the Puget Sound region. Each year they speak to many of the local apartment and other multifamily property owners to survey what's going on with rents, vacancy, costs of maintenance and more. They also track what's getting built and … (0 comments)
bellevue: No Fluff Series: The Savvy Homebuyer Seminar
- 11/08/10 11:17 AM
If you've been wondering what the state of the real estate market is like in the Greater Seattle/Bellevue area, now is your chance to get a No Fluff reality check. We'll have Team Reba real estate brokers, a local mortgage lender (Paul McFadden from Legacy Group), and a credit repair specialist (Roger Cruise from LCA Publishing) on hand to help you learn how to navigate today's new realities of buying real estate.On the agenda will be 3 major areas: 1) Credit repair, how credit is scored, what to look for in your credit report, 2) Lending products and options for buyers/refinances in … (0 comments)
bellevue: upcoming Eastside REBarCamp happening on October 6th in Bellevue
- 09/19/09 05:02 AM
If you haven't already attended a REBarCamp, then you should consider it this coming October 6th at Bellevue's Medenbauer Center. It's a half day camp which makes it easier for busy agents to squeeze this into a schedule. Here is a link to the site that gives more detail on this great peer-to-peer networking/educational event: http://rebarcamp.com/bellevue/ It's a great way to learn from your colleagues and to help increase the overall professionalism and knowledge of our industry and the tools we use to do our jobs each day. Sponsors for the event are still being welcomed too and are low rates … (0 comments)
bellevue: Bellevue gaining some good deals in the older, established neighborhoods - prices under $400k
- 07/15/09 10:35 AM
I've got a client of mine that we're in the process of looking for a new place for her to move into. The beauty of the move for her will be recapturing a lot of her time since she's been commuting a long way for 16 years. A couple of years ago she was entirely priced out of Bellevue but today that has changed as prices have declined. We've been looking in the $400k or under price range and we've actually found quite a few that fit her basic requirements. This is a relief for people locally but also for those … (2 comments)
bellevue: Great deal on a home in the Enatai area of Bellevue!
- 06/23/09 02:31 PM
$595000 / 3br - 1.75ba very clean Enatai home w/ 2FP in Bellevue A terrific home in a fantastic location, it doesn't get better than Enatai for this price in Bellevue. The spacious rambler features a large master bdrm with it's own access door leading to the broad back patio & huge, level backyard. The large living room has gleaming hardwood floors & beautiful built-in cabinets along with a gas fireplace. A spacious formal dining room, clean and ready to move-in bedrooms await you! Located in the Bellevue School District. Truly only minutes to downtown Bellevue & a short commute to … (1 comments)
bellevue: Could Dumbo the elephant get a JUMBO loan today?
- 04/19/09 11:33 AM
For the last half of 2007 and all of 2008 the hardest to sell market in the Puget Sound area was homes that were in the roughly $650,000 to $1.5M range. Why? Because most of those properties required JUMBO loans for the buyers to secure the purchase and this was the first and hardest hit segment of the credit market for residential sales. Most of these loans were held in portfolio programs at banks because they weren't easily bundled into the other securitized packages that were being sold on to Wall Street because of their perceived higher level of risk because of … (0 comments)
bellevue: Sometimes it's good to not be #1. Seattle Times delivers news of WA state's largest mortgage fraud case today.
- 03/27/09 11:22 AM
The Seattle Times has been reporting a lot of stories lately that are highlighting the mortgage fraud that was going on in the area over the past several years. Today was no exception. The story of ING Bank suing some local buyers and the businesses that helped them secure fraudulent loans has turned into a full fledged Federal investigation, resulting in today's story. The Times characterizes this as the state's largest mortgage fraud case. It includes several players: "A grand jury issued a 40-count indictment naming two Bellevue mortgage brokers, an Eastside escrow company and an Issaquah real-estate agent in a … (7 comments)
bellevue: Can you ID what went wrong in this condo sale?
- 02/21/09 05:23 AM
In the Feb 20th Seattle Times edition there is a story about 6 immigrants that are suing because of what they believe to be bad behavior on the part of the preferred lender and the developer of a Bellevue condo project. Just reading the headline "$1.5M condo on $20K income? Prospective buyers lose $175K in Bellevue" got me on edge. Here's why... We start out with being notified this immigrant buyer was attempting to purchase a $1.5M condo on a $20k a year annual salary. WHAT? You've got to be kidding me. Even just hearing those two numbers in the same … (1 comments)
This is the blog site for Team Reba. Team Reba is a network of professionals dedicated to improving the experience of buying and selling residential and investment properties in the Greater Seattle and Bellevue metro areas.
Welcome to this warm, elegant and inviting space created by a local, esteemed designer. Entertain in style in the chef's kitchen with stone counters, farmhouse sink & subway tile. Relax... choosing your favorite master suite on either floor. Custom finishes inside and mature, beautiful spaces outside.All of this beauty and the benefits of award winning schools nearby, the choice is simple....
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