Recent & Featured Posts
Downtown Bellevue Walking Tours Planned to Help Improve the Pedestrian ExperiencePosted on December 2, 2011- Light rail to Bellevue clears final hurdlesPosted on November 30, 2011
Northwest Multiple Listing Service Chooses Authentisign™ for Electronic SignaturesPosted on June 29, 2011
Bellevue Bridge Damaged During Construction over I-405Posted on April 3, 2011- Bellevue/Eastside Real Estate Mortgage Rate Watch 3/9/2011Posted on March 9, 2011
Washington State Transportation Commission Announces Proposed SR 520 Toll RatesPosted on December 8, 2010- Construction Woes Force Bellevue To Shave $16 Million From General FundPosted on December 7, 2010
Zillow.com Adds WindermerePosted on September 30, 2009- Home foreclosure filings up more than 100 percent in Seattle areaPosted on August 13, 2009
Local Headlines- To your health: Learning more about building materials' content February 4, 2012
- Snapshot of 2011 housing market: More activity, lower prices February 3, 2012
- Debt aversion behind remodeling and cocooning by homeowners February 3, 2012
- Phoenix housing market starting to recover February 3, 2012
- Local mortgage rates February 3, 2012
- Rate on 30-year mortgage falls to record 3.87 pct. February 3, 2012
- Is our best-kept secret in northwest Seattle? February 1, 2012
- No room for mistakes: Design perfectionists at home February 1, 2012
- Obama seeks to broaden reach of housing assistance February 1, 2012
- Home prices in Seattle area hit post-boom low in November February 1, 2012
- See where one Pearl Jam member lived January 31, 2012
- Seattle-area home prices hit new post-bust low January 31, 2012
- Valerie Easton's 'petal & twig' brings garden beauty inside January 30, 2012
- Owner neglected landmark Smith Tower, says receiver January 28, 2012
- Want to buy an unfinished church? January 24, 2012
12Jan2011
Selling My House and the Buyer is Asking Me to Pay Closing Costs
Seller Question: I am selling my house and the Buyer asked me to pay their closing costs - is this common? or legal?
Continue ReadingLeave a Comment08Dec2010
New Eastside Listings Comparison – Nov 2009 v. Nov 2010
New listings for the month of November have shown an average decrease of almost 11% from this time last year, with the largest decrease in listings East of Lake Sammamish. The South Eastside and Juanita/Woodinville markets stand alone in the Eastside Market as areas with increased listings for the month over last years numbers.
Continue ReadingLeave a Comment02Feb2009
Realtors: Do Not Install Internet Explorer 8!
The latest test version of Internet Explorer 8, IE 8, is now available from Microsoft. This version is not compatible with Locator. All of NWMLS's applications will be compatible with the final version due later in 2009. IE 7 is the only compatible browser for NWMLS’s applications, so Until NWMLS announces compatibility with IE
Continue ReadingView Comments (30)04Oct2008
First-Time Buyer Tax Credit – Now is a great time to be a home buyer
The Housing and Economic Recovery Act of 2008 may allow first time homebuyers to receive a tax credit of up to $7,500. The credit expires in June 2009. The amount of credit is 10% of the cost of the home, not to exceed $7,500. This credit is refundable and will reduce your income tax liablility for the year of purchase when claimed on your tax return.
Continue ReadingLeave a Comment03Oct2008
West Bellevue Market Update – $1.5 to $2.0 Million
This market is not what you would call a seller’s market. Things should improve a bit if the house approves a rescue package for this messed up banking system, and the hope is that more buyers will actually start taking the plunge and put a dent in the swelling inventory. Not all is doom and gloom, as there are still buyers out there for well priced homes.
Continue ReadingView Comments (2)04Aug2008
Distressed Property Law Getting Stressful
When I first wrote about the new distressed property law last month, there were grumblings within the industry about the ancillary affects to Realtors. Judging from yesterday's article in the Seattle Times, there is room for debate on the specifics of the new law.
Continue ReadingLeave a Comment30Jul2008
West Bellevue (520) Home Stats – For Sale/Sold/Pending
These graphs will present no surprise for anyone following the Bellevue market. Nonetheless, it's helpful to quantify trends and present comparative analysis. The last three months show a particularly disconcerting trend of increase inventory and decrease in number sold.
Continue ReadingView Comments (1)05Jun2008
New Distressed Property Law
New amendments to RCW 61.34 require that all current listing agreements of most residential properties be amended before June 12, 2008 and that new transaction forms be used in all residential sales. The new law also creates new duties for agents and brokers designed to protect owners of “Distressed Homes.”
Continue ReadingLeave a Comment16Apr2008
King County Mental Health Tax – Effective April 1, 2008
Effective April 1, 2008, sales and use tax within all of King County will increase one-tenth of one percent (.001). The tax will be used for chemical dependency or mental health treatment services.
Continue ReadingLeave a Comment16Apr2008
Real Estate Market Update
While it is certainly true that our local market has slowed from it’s supersonic pace of a few years ago, it is still outperforming most other markets nationwide.
Continue ReadingLeave a Comment