Thanks for helping us sell our home. We are very impressed with your real estate knowledge and expertise. You put together an extensive and successful advertising campaign and kept us totally up to date on the market trends and sales activities.
King County Residential Pending Sales – March Madness
Sales continue their strong pace!
· Second best week in King County since 07-18-07. Year to date sales up 64%
· Second best week on the Eastside since 07-18-07 . Year to date up 98%!!
Posted By:
Tony Meier
Eastside & Seattle Realtor
EastsideHomesBlog.com
EastsideHomes.com
Seattle's Eastside Real Estate Resource
tony@eastsidehomes.com
Fannie Mae: Recovery is Moving Forward
The decline in home sales in February was a disappointment to the housing industry, but Fannie Mae’s analysts say it is temporary and a sustainable turnaround is likely by the end of the year.
Fannie Mae Chief Economist Doug Duncan points to evidence that a recovery is on its way, including an increase in consumer spending, an improving service sector, and the likelihood that employers will begin hiring soon.
"More favorable financial conditions overall keep us optimistic that we are moving forward with the recovery, albeit at a lower trajectory than previously forecast," Duncan said in a statement.
Source: Fannie Mae (03/17/2010)
FYI… The Seattle area has had a steady increase in sales. See graphic below
Posted By:
Tony Meier
Eastside & Seattle Realtor
EastsideHomesBlog.com
EastsideHomes.com
Seattle's Eastside Real Estate Resource
tony@eastsidehomes.com
Federal Reserve to Stop Buying Mortgage Backed Securites
The Federal Reserve renewed its commitment to keep key interest rates near zero for an “extended period,” but also confirmed that it will stop buying mortgage-backed securities at the end of March.
The Fed, whose regular meeting began Tuesday, said that “housing starts have been flat at depressed levels” and “employers remain reluctant to add to payrolls” as a reason for extending the cap on interest rates.
“The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to promote economic recovery and price stability,” the Federal Open Market Committee statement said.
Source: Bloomberg, Craig Torres and Scott Lanman (03/16/2010)
Sheffield on English Hill – 14340 172nd Ave NE, Redmond – $659,900
Newly listed Sheffield home on English Hill in Redmond!
14340 172nd Ave NE, Redmond
Elegant & updated two story on private, 35,100 s.f lot in Sheffield on English Hill. Fantastic Buchan built home features 4 bedrooms, 2.5 baths, den & bonus – approx. 3110 s.f. Recent updates include high quality roof & bamboo floors on main level. Dramatic two story foyer with open staircase. Formal living room with gas fireplace, vaulted ceilings & French door to patio. Formal dining room with scenic garden outlook. Completely remodeled kitchen with new cherry cabinets, granite counters, gas cooktop, stainless appliances and adjacent nook. Huge family room with brick wrapped fireplace, built-in shelving & vaulted ceilings covered in cedar. Nook & family room have large sliders opening to rear yard—perfect for entertaining or BBQing! Wonderful den on main floor with closet. Updated powder room with memorable sink! Large master suite with attached 5 piece bath & walk-in closet. Three additional bedrooms are all spacious. Bonus room above garage – perfect for a home theater or play room! The lot is flat & private with stamped concrete patios and walkways. Plenty of room for relaxing, gardening or play. You’ll also find a wall of green to the rear – making for a very private feel. Laundry room with sink & extra storage. Three car attached garage. Outstanding Northshore schools! Fantastic location with easy access to shopping & Downtown Redmond!
Posted By:
Tony Meier
Eastside & Seattle Realtor
EastsideHomesBlog.com
EastsideHomes.com
Seattle's Eastside Real Estate Resource
tony@eastsidehomes.com
SOLD – English Hill Home – 17420 NE 140th Pl, Redmond – $465,000
Newly listed Coventry home on English Hill in Redmond!
17420 NE 140th Pl, Redmond
SOLD IN 11 DAYS!
Nestled in a quiet cul-de-sac in Coventry on English Hill, sits this charming Burnstead built, two story home. The gracious floorplan boasts 2040 s.f. and features 3 bedrooms, 2.25 baths plus den on a very private 7,497 s.f. lot! Many recent updates include – high quality roof, neutral paint, remodeled kitchen & baths! Sunken formal living room with vaulted ceilings & bay windows overlooking front yard. Spacious formal dining room with garden outlook. Remodeled kitchen with hardwood floors, new slab granite counters & stainless appliances. Attached nook with slider to rear yard. Relaxing family room with ample windows to rear yard & beautiful wood burning fireplace. Laundry room with storage – washer & dryer included. Updated powder room with granite counter. Light & bright loft/den – could easily be 4th bedroom! Wonderful master suite with walk-in-closet. The master bath has been remodeled and features large double vanity with granite counters & double shower with travertine tile. Two additional bedrooms upstairs are very spacious. The hall bath is oversized with updated granite counters, tile floors & tub surround. The very private rear yard features a stamped concrete patio, lush plantings, dedicated garden space & separate dog run with storage shed. Attached two car garage with workshop area & storage above. Outstanding Northshore schools – Sunrise Elem., Timbercrest Jr High & Woodinville High.
Posted By:
Tony Meier
Eastside & Seattle Realtor
EastsideHomesBlog.com
EastsideHomes.com
Seattle's Eastside Real Estate Resource
tony@eastsidehomes.com
Good news for King County’s Median Price. Is the worst behind us?
Posted By:
Tony Meier
Eastside & Seattle Realtor
EastsideHomesBlog.com
EastsideHomes.com
Seattle's Eastside Real Estate Resource
tony@eastsidehomes.com
“Tony and his team are more than real estate brokers – they are relationship builders who never stop after the sale.”
Tony and his team are more than real estate brokers – they are relationship builders who never stop after the sale. I have known Tony now for over 20 years and he continually stays in touch and top of mind with great newsletters on hot topics for improving your life and your home owning experience. I have since bought and sold several houses and have recommended them to many of my friends. They truly are the best at what they do.
Brett Magnan
Sold & Purchased 2010
Real Estate Agent Testimonial – Issaquah
We were very happy with the level of service you provided. You gave us great insight to the various areas we were looking at. Coming from out of state it was hard not knowing the market up here. You made it easy. Tony, you really earned our respect. You even found someone to show us around when we could only come up on a weekend you were out of town. You always returned my emails and calls promptly. I really liked the fact that you read into what we were looking for in a home. You knew the areas well and even gave pointers about the commute times I could face for work. I appreciate all that you did and would refer you to a friend or family member in the future. Thank you for everything!!!
Jennifer & Jeff Killingsworth – Purchased in Issaquah – 2009
Seller Testimonial – Redmond
Thank you so much for helping us with the sale of our English Hill home last fall. Living out of state, it was important for us to find a realtor who would pay attention to detail and do things for us that we couldn’t do from our location. Listing a home in this market was unsettling, but with your advice and input we were able to find a way to get it sold. Thanks again for the extra effort you put in from the moment we began the process all the way through the close.
Bridget and Jeff Dick – Sold in Redmond – 2009