Budgeting to Buy a House
June 30, 2010 by Erin Schedler · Leave a Comment
One of my favorite lenders, Julie Jones, recommended a new website to me yesterday that I instantly fell in love with! Www.mint.com is a one-stop place to organize all your accounts, budget, and track your investments and net worth. For those less trusting of the internet, it’s probably not for you. However, I found it very [...]
Best & Worst Cities for Recession Recovery
June 29, 2010 by Erin Schedler · Leave a Comment
Who Lands Where?
Forbes.com has speculated ten cities poised for recovery and names the ten cities that will struggle the longest. What is interesting to note is the clusters of recoverable areas and the clusters of areas that may continue to struggle. Texas makes up 40% of the Top 10 while California makes up 50% of [...]
Let’s talk Seattle condos
June 24, 2010 by Erin Schedler · Leave a Comment
Residential homes have been one thing, but condos have been another. In 2005/2006 Paul Allen and few other major developers got to work and there was a HUGE influx of new condo buildings in downtown Seattle, Belltown and South Lake Union. When the market crashed, we were left with a lot of inventory – especially [...]
Supply and Demand (and Seattle Real Estate)
June 23, 2010 by Erin Schedler · Leave a Comment
Every Monday I get a “sneak peek” tour of new listings in my office. This week I went to properties in West Seattle, Pinehurst and Wallingford that were about to come on the market. One home was listed for $539,000 on Wallingford avenue (near Julia’s —- yum!). My first reaction to the home was “cute but [...]
Madison Park and Broadmoor Update
June 21, 2010 by Erin Schedler · Leave a Comment
The Madison Park and Broadmoor areas are moving slow these days!
ACTIVE LISTINGS
There are currently 25 active listings between $1,800,000 and $2,995,000 and there haven’t been any new pending or sold listings in the last 30 days.
The average time on market is 215 days, which is significant considering homes under $1,000,000 in most Seattle neighborhoods are [...]
Senate Backs Extending Deadline for Housing Tax Credit
June 16, 2010 by Erin Schedler · Leave a Comment
Senate Backs Extending Deadline for Housing Tax Credit
Published: Wednesday, 16 Jun 2010 | 3:47 PM ET
By: Reuters
The Senate voted Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market.
The Senate, with a vote of 60-37, [...]
New listing! Live/work loft in Wallingford
June 14, 2010 by Erin Schedler · Leave a Comment
Best deal around! Live/work loft at the Regata condo in Wallingford. Live in one of the nicest buildings in town, just across the street from Gasworks Park and beautiful Lake Union. Email real estate questions or requests for a private showing to Erin Schedler.
Online tour here: http://regatacondo.isnowforsale.com/
Seattle Condo Market Status – June 2010
June 14, 2010 by Erin Schedler · Leave a Comment
Above is a chart showing the condos for sale in Seattle in the last year. You’ll see that inventory has increased 11% since May of last year. The “peaks” in pending sales were around the time of the stimulus tax credit deadlines, which probably accounts for the downward trends following these dates as well.
Overall the condo [...]
