July 2007

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...