Case-Shiller Update – Seattle Real Estate July 2010
July 27, 2010 by Erin Schedler · Leave a Comment
The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. The indices are calculated monthly and published with a two month lag. I think it’s one of the better measurements of the [...]
Tips When Shopping for a Condo
July 26, 2010 by Erin Schedler · Leave a Comment
When helping a buyer shop for condos, I make sure to answer the following questions:
How many of the other units are sold?
These days, lenders are very wary of mortgaging condos, since so many buildings are in financial distress. Often times, if a newer building has not sold all the units (or has only half sold), [...]
Are you paying the mortgage but not on title?
July 8, 2010 by Erin Schedler · Leave a Comment
Being on one does not mean you’re on the other! Just because you are contributing to the mortgage payments does not necessarily mean you have legal claim to the property.
I have heard too many times of spouses contributing to a mortgage payments, home remodels and repairs but never taking the time to get their name on the property title [...]
Windermere and Laurelhurst Trend Update | July 2010
July 7, 2010 by Erin Schedler · Leave a Comment
Real estate trends for the Windermere and Laurelhurst neighborhoods in Seattle, WA. Take a look at the remaining inventory – it’s dropping very quickly! From what I can tell, buyers are very nervous these days because they don’t know where “bottom” is and are scared to buy should prices keep dropping. Sellers are also anxious [...]
Queen Anne Residential Report | July 2010
July 7, 2010 by Erin Schedler · Leave a Comment
Below is the most current report on real estate trends for the Queen Anne neighborhood. It’s hard to find any significant trends in the sold homes, though list prices seem to be coming down in general.
Courtesy of Trendgraphix.
