Feb 2011 v. Feb 2010 – Seattle Home Prices By Neighborhood
March 8, 2011 by Erin Schedler · Leave a Comment
Statistics time! Below are the average sold home prices for February 2011 by area. Also listed are the same numbers for 2010, percentage changes, and average time on market.
Area 390 (Madison Park, Montlake, Cap Hill)
Feb 2011 Average Sold Price: $1,146,653
Feb 2010 Average Sold Price: $1,243,191
% Change: -7.7%
Average days on market: 118
Area 700 (Queen Anne, Magnolia)
Feb 2011 Average [...]
I’m a “vlogger!” My first post: Seattle Real Estate Market. Where it is, where it’s headed
December 14, 2010 by Erin Schedler · Leave a Comment
In this post I talk about the state of the Seattle Real Estate market, historical trends and what that will mean for buyers and sellers in 2011.
I hope to video blog more! Please send comments, feedback or questions to erinschedler@cbbain.com – I’m always looking for ways to improve my content and make it more [...]
King County Stats Update – November 2010
November 16, 2010 by Erin Schedler · Leave a Comment
Below are some statistical charts I thought you might find interesting. You can see sold home prices are coming down, but the average number of sales and pending sales are relatively the same as a year ago.
Seattle Real Estate’s Low Inventory
October 8, 2010 by Erin Schedler · Leave a Comment
In the past few months, I’ve seen about 30 new residential listings come on each day in the market. This is very low, considering in our boom I was seeing about 100-120. In many of the central Seattle neighborhoods, real estate inventory is very low – about 3 months worth. This means it will only [...]
King County Stats – End of August 2010
September 7, 2010 by Erin Schedler · Leave a Comment
Single Family Residence
Time Period
Number of Sales
Median Sale Price
Jul 2010
1,313
$397,000
Jul 2009
1,711
$380,000
Jun 2010
1,876
$389,975
Jun 2009
1,805
$393,000
2010 YTD
11,136
$380,000
2009
16,646
$378,000
Condominium
Time Period
Number of Sales
Median Sale Price
Jul 2010
277
$275,000
Jul 2009
521
$275,000
Jun 2010
472
$249,000
Jun 2009
498
$261,400
2010 YTD
2,907
$259,000
2009
4,804
$265,000
Washington State – Real Estate Market Snapshot
September 2, 2010 by Erin Schedler · Leave a Comment
I am a passionate Husky fan (Go Dawgs!), but this report by WSU is pretty interesting.
It goes over real estate statistics for Q2 of 2010, how it compares to Q1 as well as this time last year.
One of the interesting things to note is that only one county dropped in recorded sales in the last year. Similarly, [...]
How does an FHA loan work?
August 11, 2010 by Erin Schedler · Leave a Comment
Since 1934, FHA loans have been helping people achieve the American dream of home-ownership. This type of loan offers better deals for people who may otherwise have trouble getting a desirable mortgage.
What is an FHA loan?
An FHA loan is a mortgage insured by the Federal Housing Administration. It has several key components.
Low down payment. FHA [...]
Fed To Meet Tomorrow, Wednesday August 10th
August 9, 2010 by Erin Schedler · Leave a Comment
See article below. I doubt interest rates will be affected, but the big question is if they plan on increased purchasing of mortgage-backed securities (MBS):
Confronted with a U.S. economy that appears to be decelerating, the Federal Reserve may ratchet up cautionary language but many expect the central bank will refrain from buying more bonds to [...]
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 [...]
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 [...]
