May 2007

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...