AOL Lusts Over Mercer Island Mansion

There is an array of wonderful things going for the Seattle area that makes folks from far and wide relocate to the beautiful Pacific Northwest. We have lush greenery, beaches, city life, and quaint neighborhoods; and a ton of gorgeous homes that can be yours for the taking.
This week, AOL lusted over one particularly jaw dropping Mansion located in the Mercer Island neighborhood, that is 13,636 sf and an architect's dream come true. Beautiful Noe-Classical Italian designed columns, stone exteriors, cherrywood doors and a crystal clear view of the lovely Lake Washington. A three level home with elevator access, surround sound theater, aroma therapy hot tub, and a long list of like-minded luxury amenities, this home is at the top of the must-see list for those looking to buy this Spring. Find the detailed listing here.

Home Sales Are Rising

According to the Seattle Times, in January sales of existing homes rose 4.3% and inventories went way down to the lowest point we’ve seen over the past 7 years. The National Association of Realtors said that sales have seasonally adjusted to an annual rate of 4.57 million. Sales have risen in all four major regions, including 8.8% in the Western region. December sales hit a downward slope to 4.38 Million, closing 2011 with a 0.5% decline. This however did not affect annual sales, only seasonal monthly sales. According to the National Association of Realtors, existing home sales are still recovering, and investors account for 23% of homes purchased.