Friday, June 10, 2011

Why it is a good time to buy.

Here are some compelling reasons as stated in the Wall Street Journal. I also think that for lifestyle reasons it's a great time for some people to buy and still not good for others, despite any facts about what is happening in the market. Click here for the full Wall Street Journal article.

Wednesday, June 8, 2011

New Listing in Madison Park.

Here is my new listing in Madison Park. It is TERRIBLY charming. Click here to enjoy the tour.

Good homes in short supply.

I've been in multiple offer situations on the last 3 transactions I've had, two of them with Buyer clients and one was my own listing. With my Buyers one property had 6 offers, the other had 3. It's been tough if you are a qualified Buyer. The inventory of good quality, well-priced homes is in short supply. In general, if a home is in really good shape and in a highly desirable area if it is priced right it will sell within the first week or so of being on the market. After 3-4 weeks the price will need to be reduced to attract the right buyer, the one who feels the price is worth what they are buying.

Wednesday, June 1, 2011

Seattle area home prices have a slight uptick.

Case-Shiller reports that the Seattle area (Tacoma to Everett and beyond) had a slight rise in home prices. A small increase is better than nothing...I'll take it any day. Click here for the full article.