Archive of 2008 October

30Oct2008
Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of October 27th, 2008) Thumbnail

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of October 27th, 2008)

These numbers are based on a three month historical analysis that compares this week with last week. MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90) Single Family Homes Average Days on Market: 107 Days (Up from 105 last period) Inventory of Active Listings: 542

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27Oct2008
An Oasis of Elegance: Le Chateau – Bellevue, WA Thumbnail

An Oasis of Elegance: Le Chateau – Bellevue, WA

Le Chateau – just the name sounds like an elegant European destination. For those “in the know” about Bellevue condominiums, it is a well kept secret. Located between downtown Bellevue and I-90 just off of Richards Rd., Le Chateau is a unique complex that incorporates value, location and sophistication slightly off the beaten path.

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27Oct2008
Author
Jeff Otis

Evergreen Virtual Advisor – Investment Newsletter by David Hay

Past EVAs have noted that the trailing 10-year return on the stock market now trails that of the 1930 to 1939 period. As you can see from the chart below, the last decade is now essentially tied with the fourth worst 10-year period going all the way back to the 1830s.

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24Oct2008
Best of the Northwest Comes to the Bravern Thumbnail

Best of the Northwest Comes to the Bravern

After assembling a stellar offering of world-class fashion and lifestyle retailers at The Bravern in downtown Bellevue, developer Schnitzer West announced today that the European-inspired outdoor village will also be home to a Best of the Northwest collection that includes Sur La Table, Eye Society, Dilettante Mocha Cafe and Silberman/Brown Stationers, in addition to the previously announced Wild Ginger and John Howie Steak restaurants.

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23Oct2008
Foreclosure Activity Decreases 12 Percent in September According to RealtyTrac(R) U.S. Foreclosure Market Report Thumbnail

Foreclosure Activity Decreases 12 Percent in September According to RealtyTrac(R) U.S. Foreclosure Market Report

RealtyTrac(R) (http://www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report(TM) for September 2008 and Q3 2008.

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23Oct2008
Mortgage Rates Plunge on Signs of Credit Thaw Thumbnail

Mortgage Rates Plunge on Signs of Credit Thaw

Mortgage rates reversed course in a big way this week, with the average 30-year fixed mortgage rate dropping from 6.74 percent to 6.32 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.39 discount and origination points.

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22Oct2008
John L. Scott Positioning for Expansion Thumbnail

John L. Scott Positioning for Expansion

Looking to grow during the downturn, John L. Scott Real Estate has hired a former RE/MAX International Inc. franchise sales consultant, Tim Wynne, to scout the Northwest for brokerages to acquire.

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22Oct2008
Bellevue School District Community Meetings – Superintendent Search Thumbnail

Bellevue School District Community Meetings – Superintendent Search

Next week, parents and community members will have their first opportunity to help shape the profile of characteristics desired in a new superintendent. Two public meetings with consultants form the search firm Hazard, Attea, Young and Associates are scheduled for Thursday, Oct. 30.

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22Oct2008
JumpStart Invests in DIY Real Estate Solutions Thumbnail

JumpStart Invests in DIY Real Estate Solutions

JumpStart Inc., the Northeast Ohio venture development organization that accelerates the growth of innovative early-stage businesses and ideas, announced an investment commitment of $400,000 in DIY Real Estate Solutions (DIY), a Cleveland-based software developer that offers a complete management solution to the residential rental property management market.

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22Oct2008
Seattle Commercial Real Estate Ranked #1 – “Bellevue Thrives” Thumbnail

Seattle Commercial Real Estate Ranked #1 – “Bellevue Thrives”

Despite dipping short-term prospects attributable to the economic slowdown, premier coastal markets will continue to shoulder ever-increasing import/export activity in the burgeoning global marketplace.

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