Seattle and Eastside Homes at TeamIrene.com
Seattle and Eastside home buying tips, real estate for sale and Seattle area market updates.
From the category archives:
If you’re shopping for new construction condominiums in Seattle in fall of 2009, here are a few things to keep in mind based on my recent experiences helping a condo buyer:
Expect large price drops for new Seattle condos and structure the offer accordingly.
You’re not guaranteed the result you want, but even with the general uptick in [...]
{ 0 comments }
Whenever you buy a home, even if it’s new construction, it’s a good idea to have the sewer line scoped. That means hiring a sewer scoping contractor to check for damage by running a video camera down the line from the home to the street by means of a long steel cable.
In the Seattle area this typically costs [...]
{ 0 comments }
The New York Times ran an interesting article today about the growing problem of people unknowingly buying homes that were used as methamphetamine labs.
The negative health effects are staggering – you don’t have to look around online much to read about kids repeatedly taken to hospitals with mysterious breathing problems, dead pets, and even a [...]
{ 1 comment }
The New York Times published an interesting interactive graph a few days ago, showing home prices compared to median incomes in major U.S. cities since 1979.
Moving your computer mouse over the lines (click on the image above to go the the live New York Times graphic) shows the information for each line as you pass over it.
Where are home [...]
{ 0 comments }
King County just introduced new regulations requiring all sellers of properties with onsite sewage systems to have their on-site septic system inspected by a King County Licensed On-Site System Maintainer (OSM). The inspection must be completed and a copy of the report must be given to both the buyer and Public Health before the transfer [...]
{ 0 comments }
Appraisals that used to be ordered and completed within a week are taking two weeks or more these days, which means that a typical closing time is changing from 30 to more like 45 days. Just something for you buyers and sellers to keep in mind when planning ahead and deciding on contract terms.
{ 0 comments }
Here are some stats showing Seattle and Eastside real estate activity through July 2008. The following graph shows the total days on market (CDOM) for houses and condos in King County, beginning in May 2007. As you can see, average listing time before a sale has nearly doubled during that time.
The triangles show that the [...]
{ 0 comments }
There’s no question that the Puget Sound housing market has slowed down since summer of 2007, but home buyers still need to be prepared for multiple offer situations – yes, even now!
It all depends on the home and the price. While there’s far more inventory on the market than there has been in recent years [...]
{ 0 comments }