Author Archive for Eastside Bubble

Zillow.com Adds Windermere

Zillow.com and Seattle-based Windermere Real Estate, which has more than 30,000 for-sale listings nationwide, announced a partnership which enables Windermere to automatically feed all of their listings to Zillow.com on a regular basis. Zillow is one of the most-visited U.S. real estate Web sites, with 8.8 million unique users in August, an increase of 64 [...]

The platform vs. the eyeballs

Consider the local real estate agent. She can spend to run ads every week in the local paper, or she can use the same money to start a legitimate media channel, a digital magazine, say, one that cheers on the school and gives the local paper a run for its money. And oh yes, the only houses listed for sale are hers. It might take a lot of work and even some money. But what does she get? A platform forever.

Home foreclosure filings up more than 100 percent in Seattle area

Home foreclosure filings in the greater Seattle area increased 115 percent in July compared to the same period last year, according to data released Thursday.
Filings in Washington state were up 94 percent from July of this year compared to the same month last year, according to RealtyTrac. The online service tracks foreclosure filings, which are [...]

Real Estate Marketing Videos by ANIMOTO

Animoto, the video creation platform that lets anyone quickly and easily create professional-quality videos from their own photos, music and text, today expands its commercial-use offerings by launching Animoto for Real Estate. The new site showcases the numerous ways Animoto helps real estate agents and brokers effortlessly create stunning videos to promote and market properties within minutes. Animoto for Real Estate launches today in San Francisco at the Inman Real Estate Connect conference, where the company was nominated for an Innovator Award.

Continental Condominiums Delivers Suburban Living to Downtown Bellevue

The idea of suburban living in a fast-paced downtown environment seems contradictory, but a new, high-quality apartment-conversion project is now giving Bellevue-area homeowners the best of both worlds. Better yet, owning a home in downtown Bellevue has never been more affordable with a special limited financing package offered by Cascade Bank.
Continental Condominiums, which will hold [...]

New Luxury Apartment Community in Woodinville Announces an Evening of Wine & Food Tasting!

In celebration of spring’s arrival and the wonderful bounty of new spring release wines produced in Woodinville, Beaumont will host a special complimentary wine tasting party on Thursday, March 26th from 6:00-8:00pm.

Bellevue City Council Picks Preferred Light Rail Route

After nearly two years of effort, including a unique best practices project, the City Council Monday selected a preferred light rail route through Bellevue, part of a regional transit system expected to serve Puget Sound for the next century.

Lennox Scott Says: It’s Time To Make Your Move!

With the news that interest rates on a 30-year fixed *conforming loan have dropped below 5%, J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, feels compelled to alert consumers to the fact that now is an opportune time for them to make their move on a home purchase or refinance.
“Even with [...]

High schools named top in country by U.S. News & World Report

Bellevue, International School and Newport were named “gold medal schools” by U.S. News & World Report on the basis of AP/IB tests, WASL scores and “equity and excellence” scores.  Interlake was a “silver medalist.”  Gold medal schools are in the top 100 in the U.S.  Washington State has 4 gold medal and 12 silver medal [...]

Federal Reserve announces it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises and mortgage-backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae

The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)–Fannie Mae, Freddie Mac, and the Federal Home Loan Banks–and mortgage-backed securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae. Spreads of rates on GSE debt and on GSE-guaranteed mortgages have widened appreciably of late.

King County Median Home Price – Now Under $400k

Housing activity for Northwest Multiple Listing Service members was disappointing last month, but not surprising, according to one industry executive. He and other representatives of the Northwest’s largest MLS believe the situation is improving.

Maple Valley, Issaquah, Renton, by the numbers

Below are three dynamic graphs (automatically updated every week) comparing Maple Valley, Issaquah, and Renton real estate from a macro perspective. If you would like to see three alternative cities compared please email us at info@eastsidebubble.com

Bellevue, Issaquah, Snoqualmie, real estate by the numbers.

Below are three dynamic graphs (automatically updated every week) comparing Bellevue, Issaquah, and Snoqualmie real estate from a macro perspective. If you would like to see three alternative cities compared please email us at info@eastsidebubble.com

Ten20 hosting exclusive event for Real Estate Agents

Ten20 is hosting an exclusive event for our local Real Estate Agents and Brokers on November 6, 2008 from 5pm-8pm. We have a wonderful referral program that offers up to $5,000.00 per referral and are excited to share more details with you at our upcoming event.

Woodinville Wire – November 2008

WOODINVILLE CITY NEWS
Construction Updates:

NE 175th Street and 131st Ave NE Intersection Improvements (BNRP SE LEG):
During November, the City expects that the following construction activities will occur near this intersection: continue roadway excavation on 132nd Ave., restore the grounds at the northern portion of Wilmot Gateway Park, and street paving along the project site. 
Please [...]

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.

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.

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.

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.

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.