2007

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....

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...

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 |...

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  ...

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...

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. ...

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...

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...

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...

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...

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...