All Entries Tagged With: "bellevue"

Bellevue Loan Officer Sentenced to 7 Years for Mortgage Fraud

Bellevue loan officer Christopher Brooks, whose own attorney said he could be a “poster child” for the nation’s mortgage mess, was sentenced Friday to seven years in federal prison and ordered to pay nearly $2.5 million in restitution for running what prosecutors say was one of the largest home-mortgage-fraud cases brought so far in Western [...]

Bellevue, striking teachers in tentative agreement

Negotiators for striking Bellevue teachers and the Bellevue School District have reached an tentative contract agreement…Real Full Article
http://seattletimes.nwsource.com/html/localnews/2008176717_apwabellevueteachers2ndldwritethru.html?syndication=rss

Tentative Agreement in Bellevue Teachers Strike

BREAKING NEWS: A tentative agreement has been reached between the Bellevue School District and striking teachers…Real Full Article
http://www.kirotv.com/news/17457153/detail.html?rss=sea&psp=eastsidenews

Bellevue, Kirkland, Redmond, by the numbers.

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

Market Research & Statistics – Updated September 5, 2008

In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

Market Research & Statistics – Updated August 29, 2008

This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.

Market Research & Statistics – August 22, 2008

This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.

Market Research & Statistics – August 15, 2008

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

The median single family home price in Bellevue this week is $869,700. The 786 homes have been on the market for an average of 123 days.

I-405 Bellevue Closure This Weekend

Drivers get ready for extended commutes this weekend as crews begin demolishing the Wilburton Tunnel. All I-405 Southbound lanes will be closed this weekend, and the following two weekends. All drivers will need to take Bellevue exits before reaching the tunnel.

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.