Snoqualmie Affordable Housing Project

Posted by Laura A. Hodgson on February 2nd, 2018

Snoqualmie Affordable Housing Project one step closer to reality; conditional use permit approved

February 1, 2018 by Danna McCall Leave a Comment

A proposed Snoqualmie Valley affordable housing project moved one step closer to reality this week, but construction could still months away.

The City of Snoqualmie posted a Notice of Decision this week stating that a Hearing Examiner has signed off on a Conditional Use Permit requested by Panorama Apartments, LLC for their proposed 191-unit Affordable Housing development to be located in the Eagle Pointe neighborhood of Snoqualmie Ridge. Panorama is a subsidiary of DevCo, which also built Discovery Heights in the Issaquah Highlands.

Panorama was seeking a Conditional Use Permit (CUP) to allow…

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Eastside Home Price Charts

Posted by Laura A. Hodgson on January 24th, 2018

Eastside Home Price Charts For The Last 3 Years... WOW!

 

Local Real Estate Listings & Community Info

Everything you need to know about the Eastside real estate market is right here. Be sure to check out the Eastside home for sale stats and the local listings available below. The numbers shown include both condos and single family homes, so you'll get a better idea of what the market is doing. Located on the east side of Lake Washington, the Seattle Eastside encompasses everything from Bothell to Newcastle and Bellevue to North Bend.

Eastside Community & School Info

Homes for Sale 

Below are the numbers for Issaquah, Sammamish, Bellevue and Snoqualmie. Each has seen steady double digit price growth for the past 3 years.…

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Exceptionally Low Inventory Results in Steep Price Hikes

Posted by Laura A. Hodgson on January 8th, 2018

It’s All About Inventory: “Exceptionally Low” Inventory Results In Steep Price Hikes Around Greater Seattle Region.

 

KIRKLAND, Washington (January 5, 2018) – The year 2017 may be in the books and for many members
of Northwest Multiple Listing Service it was a memorable one with December’s activity being no
exception. Brokers reported historic lows for inventory and year-over-year price gains in most areas.

1. Historic lows for inventory
2. Inventory down 19 percent
3. Lowest level of homes for sale in a decade
4. King County prices up nearly 16%
5. System wide prices up 11.4%

“I’ve never seen inventory this low in Kitsap County in 27 years,” remarked Northwest MLS director
Frank Wilson, branch managing broker at John L. Scott Real…

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Holiday season still drawing crowds!

Posted by Laura A. Hodgson on December 15th, 2017

Holiday Shopping Crowds – In The Local Housing Market!

KIRKLAND, Washington (December 6, 2017) – “Normal seasonal slowdowns” are reported by some
real estate leaders with Northwest Multiple Listing Service, but other brokers say this holiday season is
still drawing crowds at open houses along with competitive bidding in some neighborhoods.

• Accepted Deals Outpace New Listing Again
• Inventory Levels Continue To Tighten
• Home Values Continue to Escalate “Up 10.8%”

Both inventory and pending sales dipped to their lowest levels since April, while prices still increased by
double-digits in most of the 23 counties served by Northwest MLS.

MLS members reported 8,304 pending sales of single family homes and condos, a slight (1.6 percent)
…

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What’s Hot: Home Trends in the Pipeline for 2018

Posted by Laura A. Hodgson on December 11th, 2017

What’s Hot: Home Trends in the Pipeline for 2018

 

  Every industry tracks innovations in its field, and housing is no different. As a real estate pro, here are the need-to-know products and services promising to transform homes and your clients’ lifestyles over the next year or so.   December 2017 | By Barbara Ballinger  

The big-picture view on housing trends in 2018 center around integrating technology and creating healthy and connected living environments. That’s why building materials, systems, and products that speak to these concerns are expected to generate greater buzz in the coming year. And with more generations living under the same roof, home-related features that provide an extra pair of hands or…

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Reasons to sell during the holidays

Posted by Laura A. Hodgson on November 14th, 2017

With everything going on from Holiday parties to shopping and visits from the in-laws we know that it’s easy to turn away from listing and selling your home during the holidays. Plus almost everyone says the market slows down in the Winter and you should just wait until Spring, right? WRONG!

While it’s true the market is usually slower around the holidays, the current market trends of constrained inventory and desperate buyers have in fact made the Holidays an excellent time to put your house up for sale. With fewer sellers listing during the Holiday period, buyers are left sitting around with pre-approval letters in-hand just starving for inventory!

Need more incentive? Here are 12 reasons selling your house during the holidays is an excellent…

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Real Estate Professional Help

Posted by Laura A. Hodgson on November 3rd, 2017

Fading FSBOs: More Sellers Admit They Need Real Estate Professionals Help

Posted by Cary W Porter on Friday, November 3rd, 2017 at 9:46am.

Homeowners are increasingly turning to real estate agents for help in selling their home, as the share of for-sale-by-owner sales remains at the lowest share on record, according to National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers.

Sellers’ use of a real estate agent remained at an all-time high this year at 89 percent, according to the survey. Meanwhile, for the third consecutive year, for-sale-by-owner sales continued to be at the lowest share in the history of NAR’s survey at 8 percent.

Sellers reported mostly being satisfied with the performance of their agents, too.…

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