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- King County home prices drop again February 6, 2012
- $16 house? Dallas area man evicted after squatting February 6, 2012
- Low home supply isn't helping prices February 6, 2012
- Calif. and NY considering foreclosure-abuse deal February 6, 2012
- Rising rebuild costs force homeowners to boost insurance February 4, 2012
- Phoenix housing market starting to recover February 4, 2012
- To your health: Learning more about building materials' content February 4, 2012
- Debt aversion behind remodeling and cocooning by homeowners February 4, 2012
- realannual05_chart February 4, 2012
- Snapshot of 2011 housing market: More activity, lower prices February 4, 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
20Oct2008
98008 Bellevue Market Update
The median single family home price in BELLEVUE 98008 this week is $593,500. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment20Oct2008
Bellevue Real Estate Market Update – Week of October 20th 2008
The median single family home price in Bellevue this week is $895,000. The 769 homes have been on the market for an average of 142 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment13Oct2008
Bellevue Real Estate Market Update – Week of October 10th 2008
The median single family home price in BELLEVUE this week is $890,000. The 765 homes have been on the market for an average of 137 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment07Oct2008
Bellevue Market Update – Week of October 3rd 2008
The median single family home price in BELLEVUE this week is $895,000. The 765 homes have been on the market for an average of 134 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment07Oct2008
Is Now a Good Time to Buy?
The average buyer probably doesn't have the cash to gamble on real estate--and shouldn't, at least for now. Income growth has stalled for the vast majority of Americans for the past eight years, and home equity has been vanishing rapidly since the peak of the boom in 2005. (Last month, median existing home prices nationwide fell 6%, to $221,900.) The roiling stock market is hardly a comfort either, as everyone who has peeked at a 401k statement over the past week knows.
Continue ReadingLeave a Comment11Sep2008
NEW Real Estate Bubble! Incentives Suck?
Incentives offered by builders/sellers create an inflated pricing level that will contribute to the sustained decline of real estate values and consumer confidence. I hate giving bad news, but I’m compelled to officially make that prediction. I'm not Chicken Little and I hope I'm wrong, but it’s hard to deny the details of our current market situation.
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