Gated retreat at Lake Tuck in Woodinville. This must see remodel features 3,300 sqft, 4 bedrooms, 2.75 bathrooms, office, dining room, 3 fireplaces, and sits on 3.8 peaceful acres. You will enjoy the new kitchen with granite slab countertops, travertine backsplash, SS appliances and new cabinets. Master retreat has a fireplace, walk-in closet and 5 piece bath. Remodeled bathrooms have granite countertops and travertine floors. New exterior and interior paint, oak floors, fixtures, carpet and hot water tank. Spread out and enjoy the sports court and patios. All a part of Lake Tuck with shared beach access.
Madrona living with a perfect blend of character and modern design. Open floor plan concept, updates, views, and a convenient location make the home a treasure. This home features 4 bedrooms, 1.75 baths, attached garage, and finished basement. Updated features include remodeled kitchen and bathrooms, jetted tub, double pane windows, and siding. Retreat and relax in the large backyard that features a patio, covered porch, and storage. Located near Madison Park & Capitol Hill. Easy freeway access.
Stunning remodel in Lake Hills Bellevue. This home features 4 bedrooms, 2,020 sqft, 1.75 baths, office, living room & bonus room. Ready for these new features; roof, Milgard double pane windows, exterior & interior paint, kitchen cabinets, SS appliances, granite slab countertops, remodeled bathrooms, furnace, hot water tank, doors, carpet, molding, fixtures & refinished oak hardwood floors. Large backyard & entertaining sized patio. Conveniently located to Bellevue, Microsoft, I-90 & I-405.
Here is a good video about King County, Washington that describes why your property taxes may increase, but the value of your home was assessed for less than last year. King County is a Revenue-based property tax system.
“Washington State operates under a “revenue-based” property tax system in which taxing districts, such as fire, library and school districts, submit their annual adopted budgets to the County Assessor who has the responsibility to set the levy rate that is necessary to meet the adopted budgets regardless of assessed values. We are one of the states that operates under the “revenue-based” system.
King County has 700,000 + properties, 163 taxing districts, and 594 tax levy codes. A property located in one tax code has a number of separate taxing districts (fire, library, schools, etc). As property values decrease, there is a natural assumption that property taxes will also decrease – that might not be the case for thousands of King County property owners.”
This data looks at residential homes in King County from 2012 to 2013. You can notice how the amount of homes for sale has dropped 44% from last year and that Pending homes (under contract) has increased by 42%. It is great time to consider getting your home on the market and if you are looking to buy a home, prepare for competition. Competition is area and price specific. If you have any questions about your area, just let me know.
This information looks at the Active Listings versus Pending Sales for residential home for the week leading up to February 10th, 2013. This data shows the city and price range of the homes that have gone under contract in the last seven days compared to the active listings. North Seattle had the largest percent of homes go under contract with 33% for the week. Last year in North Seattle, that percentage was 12%. There were 343 homes listed last year compared to last week with 184 homes. Kirkland had 24% of the homes go under contract last week and last year at this time it was only 11%. In Kirkland, the active listings are currently at 125 and last year there were 209. It is amazing what a year can do. Inventory is down and the Buyers are out. The chart below has more detailed information about each area and price range.
This chart looks at the active listings and pending sales for the date from 10/15/12 to 10/21/12. The pending sales (under contract) are for the previous seven days. This shows where the market is hot and who can have an advantage in the market by location and price point, essentially where the fish are biting in real estate.
If you have “Bellevue” in your address, your area had the highest percentage of homes go under contract for the week at 17%. Normally that title goes to North Seattle. Notice in Bellevue the price range from $250,000 to $349,999. There were five homes in each price range at the start of the week and by the end of the week, four of them were under contract with only one still Active. If you are a seller in that price range, the fish are biting. Buyers, you have competition in that price range in Bellevue.
This information looks at the Active Listings versus Pending Sales for residential home for the week of September 3rd, 2012. This data shows the city and price range of the homes that have gone under contract in the last seven days compared to the active listings. North Seattle had the largest percent go under contract with 14% for the week. In Redmond, there were no homes that went under contract over $900,000 for the week and Bellevue was very active in the $350,000 to $399,999 range for Sellers. The chart below has more detailed information about each area and price range.
Here is a look at the weekly ratios ending on July 22, 2012 for residential homes in five areas. This information looks at what has gone Pending (under contact) over the last seven days. Of the five areas that I track, North Seattle had the highest percentage of homes go under contract with 21%. In Redmond, only 8% of homes went under contract. The hot price ranges for Sellers are in the red and yellow boxes below. You can see that in Kirkland, there are currently two homes active in the price range of $250,000 to $299,999 with 5 homes going under contract last week. You can look at your competition by price range and by your area to help you make an educated decision about listing your home or coming up with a strategy to buy a place. How does your area look?
Here is a good video that looks at the real estate inventory levels in King County Washington over the last five years. Inventory is down and pending homes sales are still strong. Enjoy the video.