Home sales on Bellevue's waterfront made another incremental gain during 2011. While the luxury and waterfront markets nationwide are grinding their way back to healthier levels of sales, we're seeing a similar trend across the greater Seattle market. Sales of waterfront homes on the Eastside i
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01/26/2012
Sales of waterfront homes in Seattle were up 2.91 percent in 2011, according to statistics from the Northwest Multiple Listing Service. While waterfront sales have been steadily increasing for the past couple of years, the continued resurgence of this market is another strong driver of confiden
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01/25/2012
Waterfront homes on Lake Washingtonare, in most cases, valued at more than $1 million and often multiple times that. It’s uncommon that we see a home sell for less, but there have been more discounted sales in the past year since prices have decreased significantly. Current market notwithstand
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12/24/2011
Following up yesterday’s bargain $500k Seattle waterfront home, we move over to the Eastside for the least-expensive sale on Lake Washington’s waterfront. The bargain of 2011 on the Eastside was in Holmes Point, on the North end of Kirkland. The Eastside’s “inexpensive” waterfront is usually qui
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12/24/2011
With stories about real estate trends in the U.S. headed in every direction, it's difficult to get a good feel for where we are in terms of a recovery. Headlines about sinking distressed home prices certainly receive attention but, in their simplicity, they fail to capture the overall market and
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12/08/2011
Sales of new homes in the U.S. rose 1.3 percent this past month, marking a positive sign for the greater real estate market. According to the U.S. Commercer Department, this is the biggest gain in the past six months. New construction is a needed component to the real estate recovery, as invent
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12/01/2011
Bank-owned homes, REOs, or Foreclosures: whichever term you use, there is a stigma associated with these homes that gives a consumer the impression of a less-than-attractive piece of property. While there are plenty of ransacked foreclosures for sale, there are also plenty of high-end luxury ho
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11/19/2011
FHA mortgages' high cost loan limits have been restored. FHA loans in high-cost areas had previously been allowed at up to 125% percent of the median home price for individual counties, with the maximum loan being $729,950. In September, those limits were temporarily reduced as Congress failed
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11/18/2011
A recent study by the Washington Center for Real Estate Research that was recently published by the Seattle Times adds more evidence to the surprising case that it may be more affordable to buy a home in the Seattle area than to rent. The study shows King County real estate is more affordable to
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11/14/2011
Eastside waterfront home sales continued a healthy pace in October, with 11 homes sold across Bellevue, Mercer Island, Kennydale, Issaquah, Kenmore, and Sammamish. The eleven sales equalled the number of waterfront homes sold on the Eastside in October 2010, and were just one shy of the number o
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11/11/2011