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- You can still sell your home in a down market February 7, 2012
- More US states to join foreclosure-abuse deal February 7, 2012
- Mastro creditors due to get 1 percent of what's owed February 7, 2012
- Key states move closer to foreclosure-abuse deal February 6, 2012
- King County home prices drop again; median at $315,000 February 6, 2012
- $16 house? Dallas area man evicted after squatting February 6, 2012
- Low home supply isn't helping prices 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
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)13Aug2008
Selling Office Commission – 3% or more?
The slowdown in today's market will purge the fringe of real estate agents and force the resilient to improve marketing, processes, and salesmanship. One marketing tool gaining popularity is the adjusting of the selling office commission (SOC).
Continue ReadingLeave a Comment04Aug2008
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)