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KIRKLAND, Washington (Jan. 6, 2015) - Real estate brokers around Western Washington reported a strong finish to 2014. December's sales outpaced the same month a year ago by double digits, according to new figures from Northwest Multiple Listing Service.

"December was one of the best Decembers on record," observed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate upon reviewing the latest statistics from the listing service.

MLS members reported modest year-over-year price gains (about 5.5 percent) for homes and condominiums that sold last month compared to 12 months ago. The number of new listings added to inventory was nearly identical to activity of a year ago, but with pending sales outpacing new listings, the selection, as

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There are currently 524 active residential homes for sale in Bellevue, with an average price of $967,875; up from our last report.  These numbers reflect an increase in housing inventory from the last report , but a continued uptick in pricing.  In addition, there are now only 64 short sales in Bellevue, at an average price of $524,336, another uptick in pricing, along with now only 9 bank owned homes, at an average price of $601,528.  It appears the market is now shifting towards a sellers market, as days on market continue to shift down and prices continue to edge higher.  These are positive signs that Bellevue's housing market is strong.

There are currently 257 active residential condos for sale in Bellevue, with an average price of $412,074. 

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With interest rates still at an all-time low and prices still affordable is now the right time to buy?  This is a question many of my clients are now starting to ask themselves.  Two of my clients in the past month have decided to purchase instead of rent as with rent prices climbing and interest rates so low they actually found it cheaper to purchase than to rent.  With rates still around 3.75 one can purchase a home with minimal down and payments still lower than rent.  There is also a unique opportunity to be able to purchase an investment property and have your home bring you a positive cash flow.  If you are interested in investing or just purchasing a home to call your own, please feel free to give me a call and I would be happy to discuss

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Warren Buffets take on the current housing market…

 

 

If you’re a first time home buyer, seller, investor or renter living on the Eastside of Seattle you may want to considering these interesting facts about the Klahanie Home Market.  In the last 3 months the average home sales price in Klahanie was $385k & condos were $150k. The Klahanie neighborhood is an excellent value today considering the importance of location. It’s considered to be part of unincorporated King County & is part of the award winning Issaquah School District with approximately 16,000+ students.  You can rent, purchase a condo or home for you &/or your family.  There are neighborhood activities at the Klahanie Community Center, nearby trails & parks for your enjoyment. We even

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Seattle & King County Real Estate Market off to a Great Start in 2012!

Posted by The Cascade Team on Monday, February 6th, 2012 at 12:04pm.

 

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Housing market "healing itself," numbers are "astoundingly good"  

 

 

 

KIRKLAND, Wash. (Feb. 6, 2012) – Pending sales may not appear to be much higher than 2011 (up 13.7 percent in January), but the numbers are "astoundingly good," considering such factors as harsh weather and the tax credits that boosted sales at this time a year ago, said Ken Anderson, president and designated broker at Coldwell Banker Evergreen Olympic Realty in Olympia.

 

The latest figures from Northwest Multiple Listing Service show pending sales in January outgained the same month a year ago by 739

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