2007

English Hill Listing – Sheffield Home on flat, private 20,000s.f. lot! Update: Sold in 7 days for full price!

English Hill Sheffield ListingBy: Tony MeierEastside Realtor 17542 NE 142nd St - Sheffield on English Hill - Redmond - $729,950 *** $5k Buyer Bonus! *** Elegant & updated two story on private, 20,000 s.f lot in Sheffield on English Hill. Former Lozier model home is 4 bedrooms, 2.25 baths & approx. 3040 s.f. Formal living room with fireplace & vaulted ceilings. Formal dining room with...

Prices, Inventory Still Rising, Sales Still Slower Around Washington State

NWMLS Press ReleasePosted By: Tony Meier KIRKLAND , Wash. (Oct. 5, 2007) – With Halloween on the horizon, should buyers be spooked about the local housing market? Not according to the latest figures from Northwest Multiple Listing Service and reactions from some brokers who believe now is an ideal time to be making offers. Trying to time the market is “a fool’s game,” remarked one MLS director....

English Hill Listing – 5 bdrm, 2.5 bth, 3670 sf on sunny 3/4 acre lot

English Hill ListingBy: Tony MeierEastside Realtor 17631 NE 134th Pl - English Hill in Redmond - $799,950 Wonderful two story on private, 3/4 acre lot in the heart of English Hill. Five bedrooms, 2.5 baths, 3670 s.f. with plenty of room to spread out! Dramatic two story entry draws you in! Formal living room with fireplace & bay window. Formal dining room with ample seating for 8 or more! Large...

FHA Gives Realtors a Chance to Help Past Clients

Real estate practitioners with past clients who tapped risky subprime mortgage financing for their purchase have a reason to give those home owners a call. In a key policy shift, the federal mortgage insurer FHA is allowing subprime borrowers with good payment histories and at least 3 percent in home equity to refinance to safe FHA financing. The policy shift - strongly supported by the NATIONAL...

Where is the Seattle area market heading???

It seems like a daily occurrence... another article talking about the housing market. Today's headline in the Seattle Times Business Section reads... "Seattle market spared the home-price plunge". Click here to read it. The article goes on to describe that the Standard & Poor's index for the national housing market has dropped 3.2 for the second quarter of 2007 as compared to 2006. During the...

Higher Demand for Rentals Drive Up Prices

This article confirms what I have been seeing in the marketplace! -------------------------------------------------------------------------- As people put off buying homes either because they're cautious about the market or unable to qualify for a mortgage, they're increasingly turning to rentals. Indeed, rental vacancy rates are falling and rents are going up. In markets where home sales have...

Redmond Townhome Listing – Best Value in Redmond!

SOLD Are you looking for the best value in Redmond? Look no further! As of today... there are 81 condos/townhomes on the market in Redmond. The average price of these units is $428,432. The average square foot is 1313, which makes the average price per square foot $329.26 - WOW!  When you consider for less than 100k more you can have a home that is nearly twice the size - this home is a bargain! My...

How the Seattle Area Real Estate Market? It depends…

By: Tony MeierEastside Realtor I was reading the front page of the Seattle Times today. The article was titled "Scales tip in favor of the home buyers".  See it here...   While this may be true in some areas. One thing is for sure it is not true in all!  When looking at each individual area in the Puget Sound Region you will find areas and price ranges that are hotter than...

Housing Prices Around Washington State Rising at More Modest Rates

The following is a press release for NWMLS on July 5th, 2007 KIRKLAND, Wash. (July 5, 2007) - With inventory at an all-time high in the Northwest Multiple Listing Service system, buyers are becoming more selective and sellers are receiving fewer multiple offers, according to MLS officials. Condominiums remain a bright spot, they noted. Mid-year figures show the volume of pending sales of single family...

Redmond – Summer Movies at Marymoor Park

By: Tony MeierEastside Realtor Movies at Marymoor Lights, Camera, Action!!! 2007 begins the third annual FirstTech Movies @ Marymoor Park. Movies are held at McNair Field in Marymoor Park and all donations go directly into supporting parks maintenance. Now that’s a happy ending! Open seating at 7, movie begins at duskMarymoor Park Outdoor Movies and Event Hotline: (206) 296-4999 School of Rock |...

Eight quick home staging tips!

By: Tony MeierEastside Realtor Want to maximize your results when selling? Here are 8 quick tips for you... · New paint (even the same color) will brighten up and re-freshen any room. Washing the walls is an easy fix to dull color, although you may not be able to get out all of the stains this way. · Change the color scheme of a room by adding couch covers, pillows and new curtains. This is a quick and...

Bear Creek Listing – Estate home on 17th tee in Bear Creek Country Club

Price: $1,225,000 MLS#: 27102907 Bedrooms: 4 Bathrooms: 2.50 Status: Active 20820 NE 141st StWoodinville, WA 98077 Comments **Full details at www.EstateAtBearCreekCC.com**  Rare location on 17th tee box!Tastefully remodeled w/views from most rooms.Grand foyer w/marble flrs.Charming LR w/gas FP&adjacent den.Formal DR w/French drs to rear yard.State of the art kitchen incl-cherry cabs,slab...

Fourth of July Activities in the Puget Sound

Looking for something to do this Fourth of July? Below you will find a plethora of activities for the whole family! I hope you have a great holiday!! Eastside Bellevue Family FourthBellevue Downtown Park: Begins at 6pmMusical performances and plenty of activities for both kids and family at the Puget Sound Energy Family Fun Zone. The fireworks, which begin at 10pm, are synchronized to a performance by...

Summer 2007 – Activites in the Seattle Area

Summer 2007 - Activites in the Seattle AreaBy: Tony Meier - Eastside Realtor  Hurray! It is officially summer in Seattle!! Here are a list of activities for your summer pleasure! June 24 Seattle Pride Parade Starts on Union & 4th Ave. in              www.seattlepride.org 30-7/4  Lake Union Wooden Boat Festival www.seafair.com July...

Redmond Derby Days – July 7th, 2007 from 10 am to 10 pm

Redmond Derby Days Saturday, July 7, 200710 am to 10 pm Redmond City Hall Campus15670 NE 85th StreetRedmond, WA  98052 NEW 3-on-3 Basketball Tournament, 7th & 8th Redmond Medical Center Kids Parade Venture Bank Grand Parade Microsoft Entertainment Stage Bicycle Criterium Free Kids Activities Great Food, Beer & Wine Garden Funtastic Carnival Fireworks Finale - 10pm  ...

Five Inexpensive Ways to Revitalize a Kitchen

Replace the flooring. Install laminate floor over old linoleum, vinyl or chipped tile. It costs just $1 to $5 a square foot and looks like wood, stone or tile.Replace the lighting. A new ceiling fixture costs less than $100 and will brighten up the place. Adding some under-the-cabinet lights will illuminate work surfaces.Give the cabinets a new life. A coat of paint and new knobs is the cheapest way to go....

Lake Marcel Home – Rambler with Heated Shop!

SOLD Lake Marcel Home - New listing in Lake Marcel with access to Community Beach and Park!By: Tony Meier - Eastside Realtor For additional details on this home go to: www.LakeMarcelHome.com     Price: $380,000 MLS#: 27105385 Bedrooms: 3 Bathrooms: 2.00 Status: Active 31325 NE 106th StCarnation, WA 98014   Comments **Full details at www.LakeMarcelHome.com** Wonderful...

Redmond Real Estate Housing Statistics – 6/06/2007

Redmond Real Estate Housing Statistics - 6/06/2007By: Tony Meier - Eastside RealtorThe market has firmed up slightly this week.  With the total volume averaging 14.11 weeks of inventory (which is down again from last week) the market remain robust.  The hotest range is still $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7...

NAR: National Home Sales to Fluctuate Before Gradual Upturn

Home sales are projected to move in a relatively narrow range with a gradual upturn becoming more pronounced by the end of the year, according to the latest forecast by NAR. Lawrence Yun, NAR senior economist, said the market is relatively soft. “Overall housing levels are historically strong, but sales remain sluggish compared to the recent boom,” he said. “Home sales will probably fluctuate in a...

Federal Reserve Chairman Ben Bernanke speaks about the National Real Estate Market

Fed Chair: Home Slump Lasting Longer than ExpectedFederal Reserve Chairman Ben Bernanke told a bankers’ conference in South Africa Tuesday that the U.S. housing slump will last longer than he had previously expected, but it hadn’t spilled over into other parts of the economy.Speaking via satellite, he also expressed concern about rising inflation, but made it clear that it was unlikely that the Fed...

Northwest MLS Releases Market Statistics for May 2007

Hot off the press! Northwest MLS Releases Market Statistics for May 2007Posted by: Tony Meier - Eastside Realtor  Western Washington Housing Market Continues Trend of Expanding Inventory, Fewer Sales, Rising Prices KIRKLAND, Wash. (June 6, 2007) - Fewer home sales, more choices and higher prices were the themes again in May, according to new statistics from Northwest Multiple Listing Service. ...

What areas do I work?

What areas do I work?By: Tony Meier - Eastside Realtor This is a question I am asked regularly. While the bulk of my business is on the Eastside, I am frequently traveling North, South and to Seattle to serve my clients.  With the technology available to me today, I have the ability to be extremely knowledgeable on the whole region. The technology, skills and relationships I have developed over the...

Where is the long predicted bursting of the Real Estate Bubble?

Where is the long predicted bursting of the Real Estate Bubble?By: Tony Meier - Eastside Realtor We have all heard it!  On the nightly news, in the Sunday papers and on many real estate blogs.  The long predicted colapse of the real estate bubble! Unfortunately, for all the doomsayers, real estate still seems to be alloft.  Acccording to a report released last week by the Office of Federal...

Redmond Real Estate Housing Statistics – 5/30/2007

Redmond Real Estate Housing Statistics - 5/30/2007By: Tony Meier - Eastside RealtorAnother strong week for Redmond Home Sales.  With the total volume averaging 14.9 weeks (which is down from last week) the market remain robust.  The hotest range is $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7 weeks. When looking at...

Redmond Real Estate Housing Statistics – 5/23/2007

Redmond Real Estate Housing Statistics - 5/23/2007By: Tony Meier - Eastside RealtorAnother strong week for Redmond Home Sales.  With the total volume averaging 16.14 weeks, the market remains seller favored with the sellers in firm control under $800,000. When looking at the spreadsheet keep this in mind...  The following is generally accepted as to the state of the market - 1. Less than 18...

Zillow – How accurate is it?

By: Tony MeierEastside Realtor There is much talk about Zillow and the accuracy of their Zestimate valuations.  Their site has caught the attention of many who want to know what their friend, boss, co-worker or neighbor's home is worth.  Unfortunately, there valuation model is not very accurate.  To Zillow's credit, they say "Our data shows that the majority of our Zestimate home...

English Hill Redmond – Bear sighting behind Sunrise Elementary on 5-23-2007

By: Tony MeierRedmond Realtor As the President of the English Hill Homeowners Association and a very active Realtor in the area, it is my job to stay on top off all things regarding English Hill. The following came from Sunrise today. Appearently the bear was sighted in the greenbelt behind the school. ________________________________________________________ Sunrise Elementary School is currently in full...

11 Mistakes Buyers Almost Always Make When Purchasing A Home.

By: Tony MeierRedmond Realtor Making Too Low of an Offer - You would be surprised on how many dream homes are lost because of the buyers inability to move a little on price, terms and concessions. Remember that $5000 in today's loan market increases your monthly investment $40 per month-the cost of on average dinner out-hardly a price worthy of giving up a lifetime of satisfaction. Follow your...

Springtime on English Hill in Redmond

By: Tony MeierRedmond Realtor Springtime... a time to enjoy your senses. The joys of watching baseball.... The sound of the birds chirping in the trees... The wonderful smells from the BBQ.... The sound of construction trucks... The smell of hot asphalt!  Ahh... yes it is springtime! Yes, springtime is paving season in the Northwest.  This year... the King County DOT crews are busy working on...

Redmond Real Estate Housing Statistics – 5/16/2007

Redmond Real Estate Housing Statistics - 5/16/2007By: Tony Meier - Redmond RealtorAnother strong week for Redmond Home Sales. We are still seeing inventory build which is customary as we move into the summer months.  I have enhanced the spreadsheet this week with 2 digits after the decimal point. This will more accurately reflect the price ranges with few sales, like the upper end, When looking at the...

Buyers… How Sellers Price Their Homes

By: Tony MeierRedmond Realtor How Much Should I Offer? I am often asked by my clients, “How much under the listing price should we offer?” This is an excellent question. The answer is difficult. The main reason I emphasize the education phase of looking at homes is because that is the best way for you to know values. When you review and study 40 - 60 (or more!) listings, then drive by 10 - 20 and look...

Annual English Hill Garage Sale June 1&2

Annual English Hill Garage Sale June 1&2By: Tony Meier, Redmond RealtorAttention Bargian Hunters! All of English Hill will be on SALE! It's time again for the annual English Hill garage sale! This years event will be held on June 1st & 2nd from 9 am to 4 pm. The English Hill Homeowners Association advertises this event in local newspapers, and hangs a banner sign.  This is a very popular...

Redmond Real Estate Housing Statistics – 5/9/2007

Redmond Real Estate Housing Statistics - 5/9/2007By: Tony Meier - Redmond Realtor"How's the market..." a question frequently asked by my clients.  My answer is always... "That depends".  It matters not only what area you are in but also what price range.  I pay close attention to the market statistics each week so I can better advise my clients before they make a decision...

10 Most Overpriced Markets Nationally

Forbes magazine has calculated what it considers the most overpriced U.S. housing markets by estimating a “price-to-earnings” (P/E) ratio for each of the 40 largest metro areas. Just like the P/E of a stock, this value attempts to measure the price a home owner would pay for $1 of return. It was figured by dividing each market’s median home price by annual rents minus taxes and insurance. The average...

Affluent Owe Much of Wealth to Real Estate

Fewer than 20 percent of all U.S. households are affluent, yet that group controls nearly half of all aggregate income, according to a new report from Packaged Facts, a division of MarketResearch.com. A major component of their wealth? Residential real estate, thanks to “the run-up in values in major metropolitan areas, where the affluent tend to live,” according to the company. Nearly 21 million...

Snohomish Listing – Snohomish Rambler in Fantastic Three Lakes Area with Huge Garage/Shop

See Additional Pictures Status Active Listing# 27072243 County Snohomish Beds 3 Baths 1.75 Fireplaces 1 List Price 365,000 Sold Price Year Built 1970 Style 10-1 Story Bldg Type. Stick Built On Lot Covd Prkg. Carport-Detached, Garage-Detac Project New Const. Appx. SQFT 1800 SQFT Src. Acreage 0.910 Lot Size 39640 School Information: School District Snohomish Elementary Dutch Hill Elem Jr. High Snohomish...

10940 250th Ave NE, Redmond, WA “Redmond Listing” on Novelty Hill

Redmond Listing on Novelty Hill - "10940 250th Ave NE, Redmond WA"Tony Meier, Redmond Realtor   Tony MeierWindermere Real Estate/ S.C.A., Inc.Office Phone: 425-883-0088Direct Phone: 425-466-1000Pager: 425-466-1000Tony@staging.eastsidehomes.com Interior Photos FoyerThe exquisite foyer features fruit wood stained maple floors, grand staircase with wrought iron railing, maple hand railing...

King County Median Price Up 10% From March 2006

King County Median Price Up 10% From March 2006By: Tony MeierRedmond Realtor The numbers are just in and I have update my spreadsheets that I use to stay abreast of the market place. King County still remains a strong sellers market with 10% appreciation since March 2006. The median priced resale home was worth $399,000 in March 2006 and is now closing at $439,900. The market has increased 3.51% in 2007 as...

2006 Cost vs. Value

2006 Cost vs. Value Home Remodeling Projects -Seattle Area These figures were just released by Remodeling Magazine concerning a cost vs. value survey done in the Seattle area. The survey compares the cost of 11 popular home improvements with an estimate of the projects recouped value in a one year resale scenario. One thing I want to emphasize is the location of the home is still the key factor in return...

“He was everything our other agent for our previous house was not…”

We had the good fortune to be referred by a friend to Tony Meier when we were looking for our first house in Woodinville.  He impressed us most because he was everything our other agent for our previous house was not. Tony was totally on top of the market and very quickly knew just what we were looking for. Not an easy task I’m sure because we didn’t think we a clue what we were looking for. He...