Thursday, June 30, 2011

Home Market Update

The Standard & Poor/Case-Shiller home-price index released on Tuesday showed a glimmer of hope for the Seattle area housing market. The Seattle metropolitan home market saw a slight increase in the month of April. The index tracks data in 20 large U.S. cities, and Seattle’s data showed higher prices than data compiled for February and March. However, experts say this doesn’t mean much for the Seattle housing market. Seattle’s prices are still down 6.9% from last year, and the index as a whole showed a slight fall in prices.

Monday, June 20, 2011

Data Reveals Drop in Underwater Homes

A California research firm, CoreLogic released data last week revealing that the number of U.S. homeowners owing more than their homes are worth fell in the first couple months of 2011. Experts say this is due to more foreclosure sales. Washington State statistics were not mentioned in the Seattle Times article, and the state of Nevada had the most underwater homes.

Tuesday, June 14, 2011

Are Seattle Families Getting Smaller?

How do Seattle’s families compare to those in other U.S. Cities? To put it simply, they’re smaller. New census data shows that Seattle has the smallest-size families among 50 big U.S. cities. Moreover, we have the third highest amount of single living and the third-highest rate of “unrelated people living together”, according to a Seattle Times article. Because of the considerably weak housing market and flourishing rental market, families are purchasing homes out of King County, yet a high degree of solo Seattlites stay. Read more about the latest census data by checking out the full article.

Saturday, June 4, 2011

Beautiful Broadmoor Home for Sale

Please come tour a beautiful, Broadmoor home this weekend from 1:00-4:00 pm, listed by Ewing and Clark broker Betsy Terry. The fantastic home has a wonderful floor plan, gracious and sunny rooms, and high ceilings. A lovely kitchen features marble countertops, high-end appliances and one of the home’s two fireplaces. The home is available for purchase at $1,995,000. Don’t miss out on this great opportunity. Please contact Betsy Terry of Our Distinctive Home Shop in Madison Park to set up a viewing appointment.

Betsy Terry: (206) 595-0334

Thursday, June 2, 2011

Nationwide Open House Happening This Weekend

The Nationwide Open House Weekend is happening June 4th and 5th, brought to you by the National Association of Realtors. In Washington state alone, organizers estimate that around 7,000 homes will be open, tripling the amount of any ordinary weekend. You’ll have the chance to tour many of Washington’s homes for sale and be able to navigate easily with a customized list and blue balloon markers. Please visit the official event page for more information.