Congrats to Redmond, #5 on this list of Best Places to Live
Great news for Redmond Washington, #5. These terrific small cities offer what American families care about most — strong job opportunities, great schools, low crime, quality health care, and plenty to do.
http://money.cnn.com/magazines/moneymag/best-places/
Real estate inventory is low, homes are going quickly in Bellevue Washington
This home went under contract in two days because of the quality of the remodel and the low inventory in the area.
Stunning Bellevue home remodeled from the studs out. This 2,680 approx sqft, 4 bed, 2.75 bath is a must see. The home features a master retreat, office, bonus room and a 2 car garage. Updates include a new roof, siding, vinyl windows, bathrooms, Sub-Zero, Viking gas burner, bamboo floors, kitchen cabinets, quartz countertops, hot water tank, faucets and security system. This is just the start. Large private fenced backyard. Easy access to freeways, parks, and Microsoft. Bellevue School District.
The real estate market is changing in Seattle and the Eastside
The market has been changing daily. There are several price ranges that have been receiving multiple offers and even some offers with escalation clauses. The market in general is picking up but it all depends on the area and price range. Take a look at the chart below to see the areas in red and yellow that shows a Sellers market and Balanced market for the week of May 7th to May 13th 2012.
Free Paper Shredding Event, Kirkland, Saturday 10 to 2, Presented by John Fiala
Active Listing vs. Pending Sales for 3-11-12 Video
This video looks at the active listings and pending sales for the date of 3-11-12. 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.
Bellevue had three Sellers markets this week which you can see in the red areas and Central Seattle had an active week for homes going under contract in the higher price ranges. Overall, the five areas that I track on this report, North Seattle had the highest ratios of homes going under contract last week.