Category: Real Estate News

Interest Rates and Buying Power

With all the talk recently about the Fed potentially increasing interest rates in December, we wanted to show how even a 1/2 of a percentage point increase in interest rates will affect a home buyer’s monthly payment, which can in turn reduce his/her overall spending power.

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MARKET UPDATE: CAPITOL HILL – July 2015

Time is once again proving to be on the side of sellers. Real estate in the Central Seattle area, which includes neighborhoods like Capitol Hill, Montlake, Madison Park, Eastlake and Beacon Hill, continues to be hot – with the number of homes for sale in July down an impressive 33.8% over the same month in 2014 but the number of homes ...

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Our Top 7 Listings of 2015 (So Far)

It is always interesting to see which of our listings generate the most website traffic so as we quickly approach the start of the 4th quarter, we thought we’d share our 7 Top Performing listings of the year thus far. Here’s how they ranked: #7. 2452 55th Ave SW   #6. 8238 2nd Ave NE   #5. 352 NE 53rd St   #4. 2700 ...

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Broadmoor, Madison Park, WA Park Stats

Home Sales April to June 2015 Keeping up on real estate trends in your neighborhood can be extremely useful, especially if you are thinking about selling or refinancing. Below you’ll find an overview of all single family homes that sold between April and June 2015 in Broadmoor, Madison Park, and Washington Park. Want more information ...

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Capitol Hill Market Activity

Home Sales May – June 2015 Keeping up on real estate trends in your neighborhood can be extremely useful, especially if you are thinking about selling or refinancing. Below you’ll find an overview of all single family homes and townhouses that sold between May 1 and June 30, 2015 in the Capitol Hill and Arboretum neighborhoods. If ...

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Resale vs. New Construction Homes

Recent statistics in the local media about home prices in King County indicate that the median home price  in King County has reached $500,000 – a 10.3% increase over the last peak of $481,000 which occurred in July 2007. We’re also seeing an increase in the amount of new construction (if you haven’t noticed all those ...

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Testing for Lead Based Paint

We recently had some clients who decided to have a home they were purchasing tested for lead based paint as part of their home inspection (if you don’t know the dangers of lead in your home, read this). The family has a 4 year old plus a baby on the way and with plans to take on some remodeling work, they wanted to make sure they knew ...

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Market Update: Capitol Hill – March 2015

Unless you’ve been hiding under a rock, you know that the Seattle real estate market is on fire – which is great for sellers but proving to be increasingly difficult for buyers. As a city, home prices in Seattle soared 19 percent over last March to $535,000. So what are we seeing in the trenches of our neighborhood? Let’s dig ...

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Broadmoor / Madison Park / WA Park

Home Sales January to March 2015 Keeping up on real estate trends in your neighborhood can be extremely useful, especially if you are thinking about selling or refinancing. Below you’ll find an overview of all single family homes that sold between January 1 and March 31, 2015 in Broadmoor, Madison Park, and Washington Park. If you are ...

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Market Update: Area 390 – Feb. 2015

It is officially Spring which means  that we are quickly approaching the busy buying and selling season in real estate – though on some days, it feels like we haven’t had a ‘slow’ selling season in quite some time. Last month we looked at stats over a 2 year period for our regular neighborhood updates so this month we ...

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