Bellevue

Home Sales Report for the Eastside and King County - October 2011

October 2011 Homes Sales Report for King County & Cities of Bellevue, Redmond, Kirkland, Issaquah and Sammamish. In October of 2011 King County closed sales were up 16.61% from October 2010 (1,853 vs 1,589) . The Eastside showed some very strong numbers as well with closed sales. Closed sales were up 13.29% (588 vs 519) The median home price in King County in October was $287,500 down 17.86%. The Eastside Median Sales price was down just 10.75% to $415,000. For the sixth straight month, pending sales across King County moved up 16.61%, while pending sales on the Eastside were up 13.29%. In addition I am noticing quite a bit of potential in the market. We are still seeing inventory numbers decline. In October total active listings were down 26.54% in King County and down 25.01% on the Eastside from October of 2010. See the raw numbers from the Northwest Multiple Listing Service. Also take a look at the housing numbers for Sammamish and Redmond. In Kirkland the Market Action Index(a gauge of market activity) remains strong. While it's still a buyers market, it is much more balanced. With interest rates in the LOW 4's buyers affordability is at an all time high. Check out the National Picture from Realtor.com

Here is a breakdown of real estate homes sales in Seattle Eastside Communities of Bellevue, Kirkland, Redmond, Issaquah and Sammamish, Washington for the week broken down by neighborhood. Just click on the link to your neighborhood for the complete breakdown of the homes that are on The chart below breaks down Seattle Washington's Greater Eastside Real Estate homes sales by City, for the week of 11/15/2011.

City # of Active Listings
Homes For Sale in Bellevue, Washington 447
Homes For Sale in Issaquah, Washington 243
Homes For Sale in Kirkland, Washington 336
Homes For Sale in Redmond, Washington 357
Homes For Sale in Sammamish, Washington 324

To find out what your home is worth or If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.


Score Top Deals This Holiday Season

Here are some tips to help you take advantage of the significant discounts the season has to offer. This holiday season is right around the corner and you know what that means: Black Friday. While many people brave the crowds before dawn to capitalize on big savings from major retailers, others sleep in and surf the internet for similar deals. Whatever your strategy, this month's information will help you prepare for the holiday shopping season. The first page offers tips and tricks to help you score deals on gifts for everyone on your list. Page two provides valuable information about how to avoid scams and protect your credit and debit card information both in the store and online.

  • Make a list. Create a shopping list of items you hope to purchase on Black Friday, whether for you or the people on your holiday list, and stick to it.
  • Do your homework. Use a pricing search engine, such as http://milo.com, to find store deals in your area and to ensure that the product you want is in stock.
  • Compare sales. Go to http://pricegrabber.com to compare sale prices at different retailers and find the best deal.
  • Get sale information early. To get the inside scoop on Black Friday sales, join the email lists of your favorite retailers. Many companies send emails leading up to the sale to advertise deals and provide exclusive discount codes and maps featuring sale items.
  • Avoid the crowds and go online instead. Many major retailers, including Macy’s,Kohl’s and Wal-Mart, offer the same bargains online as they do in their stores. Check the retailers’ websites to find out when the deals will be available.
  • Score big on Cyber Monday, the biggest online shopping day of the year, with exclusive online discounts the Monday after Black Friday. Nearly 77% of online retailers send promotional emails to subscribers in the days leading up to Cyber Monday. If you're not on the email list of your favorite retailer, now is the time to join.

You won't find me out on Black Friday, but I do hope to have all my shopping done by Thanksgiving. Please share your Holiday Shopping tips in the comments section below!


U.S. Cities Where Homes Sell the Fastest - Seattle #2

In a recent article where CNBC uses Zillow's data to rank cities across the US, Seattle Ranks number 2 behind two Bay Area Powerhouses, San Francisco and San Jose(tied for first) Below is the complete article.

Although the U.S. housing market continues to struggle, many local markets are doing significantly better than the country as a whole, with some places virtually missing the housing bust altogether.

While shifts in home values are important in any market, it's important for sellers to determine the length of time a property can expect to be on the market before it will be sold. The faster that homes sell, the faster an inventory backlog can be cleared, suggesting heightened demand and an upward trajectory in prices. Additionally, if a home is on the market for an extended period of time, it may may turn off prospective buyers and force sellers to accept less-favorable offers.

To find the cities where this trend is the most extreme, real estate website Zillow.com analyzed the numbers to identify the cities where homes sell the fastest, according to the median number of days on the market. The numbers presented here are representative of home sales between mid-April and mid-July 2011.

During this time, the national median for time spent on the market stood at 117 days, while New York (168 days), West Palm Beach (175 days), and Indianapolis (180 days) were the cities where homes sold the slowest.

Also included in the analysis is the Zillow Home Value Index (ZHVI), which represents the median measure of home valuations covered by Zillow. The information presented here also includes the proportion of listings with price cuts, the average amount those listings were reduced, and the “final discount from list price,” which is the average amount that was negotiated off the original list price before the sale.

So, where do homes sell the fastest? Read ahead to find out!

5. (Tied) Oakland, California

Median time to sell: 81 days
Zillow Home Value Index: $316,400

Listings with price cuts: 26.17%
Average price cut amount: 8.70%
Final discount from list price: 1%

5. (Tied) Woodbridge, Virginia

Median time to sell: 81 days
Zillow Home Value Index: $230,500

Listings with price cuts: 20.54%
Average price cut amount: 5.66%
Final discount from list price: N/A

4. Alexandria, Virginia

Median time to sell: 74 days
Zillow Home Value Index: $402,500

Listings with price cuts: 33.30%
Average price cut amount: 4.47%
Final discount from list price: 2%

2. (Tied) Seattle, Washington

Median time to sell: 73
Zillow Home Value Index: $347,700

Listings with price cuts: 33.55%
Average price cut amount: 6.88%
Final discount from list price: 2%

2. (Tied) San Jose, California

Median time to sell: 73
Zillow Home Value Index: $494,500

Listings with price cuts: 26.16%
Average price cut amount: 5.58%
Final discount from list price: 1%

1. San Francisco, California

Median time to sell: 59
Zillow Home Value Index: $655,400

Listings with price cuts: 22.55%
Average price cut amount: 6.05%
Final discount from list price: 1%


Valentine's Day Newsflash! Cupcakes...the New Box of Chocolate

If you're looking for great Valentine's day ideas to love up that special someone here is a great list of idea to show the one you love how much they mean to you!

Cupcakes… the new box of chocolates. Cupcakes are all the rage… here are some local cupcake bakeries.

Bellevue has Cupcake Royale, www.cupcakeroyale.com; New York Cupcakes, www.newyorkcupcakes.com and Trophy Cupcakes, www.trophycupcakes.com.

Issaquah now has Confetti Cupcakes, www.confetti-cakes.com

Redmond has PinkaBella Cupcakes, www.pinkaliciouscupcakes.com

Renton has Common Ground Coffee & Cupcakes, www.commongroundcupcakes.com

In Seattle you can find several choices: Cupcake Royale, www.cupcakeroyale.com; Look Cupcake, www.lookcupcake.com; The Yellow Leaf Cupcake Co., www.theyellowleafcupcake.com and Trophy Cupcakes, www.trophycupcakes.com; Wink Cupcakes, www.winkcupcakes.com

If your sweettheart doesn't have a sweet tooth, check out these unique ideas to show your affection.
For the traveler or adventurer look to www.xperiencedays.com, www.kerdowney.com, www.cloud9living.com for great ideas.

For the foodie head to www.swinerymeats.com, www.homebrewers.com, www.tastebudsmarketplace.com for tasty ideas.

For the techie or science lover do some sleuthing on www.npowerpeg.com, www.thinkgeek.com or
www.x-tremegeek.com.