Short Sale Perspective

…buyers beware, as short sales are plagued with delays and seemingly endless extensions of closing dates.

Nationwide Pending Home Sales Rise 2.1%

Just a note:
Pending home rise 2.1 percent in Feb. from Jan. - Yahoo! Finance
http://biz.yahoo.com/ap/090401/pending_home_sales.html?.v=7
Lynette Hensley
Associate Broker

February 2009 Seattle Market Updates

In King County,  number of sales increased by 8% over January showing a seasonal rise, and also favorable market changes with some tax help for first time homebuyers.
From February ‘08 to February ‘09 average prices are down 9%.
Not surprisingly, the most active price range for resale homes is $300,000-$350,000.  Second most active is $350,000 to [...]

Can you represent us when purchasing a foreclosure?

Question from a client:

I’ve had my eye on this house [Address].  It goes on Auction on [Date], 2009. Is it possible to buy it before that, and will the bank let us look around in it?  It is owned by [Trustee Name].
Thanks,  Client

Unfortunately, we would not be able to represent you for [...]

January 2009 Seattle Area Market Updates

Here are the January 2009 Real Estate Market updates for King, Snohomish and Pierce Counties:
King County
Snohomish County
And statistics by neighborhood:
King County Neighborhoods
Snohomish County Neighborhoods 
Compiled by our title partner, from MLS statistics.
Lynette Hensley, Associate Broker, Realtor
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December ‘08 Market Updates

Here are the December 2008 Real Estate Market updates for King, Snohomish and Pierce Counties:
King County
Snohomish County
Pierce County
And statistics by neighborhood:
King County by Neighborhood
Snohomish County by Neighborhood
Pierce County by Neighborhood
Compiled by our title partner Commonwealth Title, from MLS statistics.
Lynette Hensley, Associate Broker, Realtor
Back to our website

Market Updates for November 2008

Here are the November 2008 Real Estate Market updates for King, Snohomish and Pierce Counties:
King County
Snohomish County
Pierce County
And statistics by neighborhood:
King County by Neighborhood
Snohomish County by Neighborhood
Pierce County by Neighborhood
Compiled by our title partner Commonwealth Title, from MLS statistics.
Lynette Hensley, Associate Broker, Realtor
Back to our website

Current Observations of Buyer’s Market in Seattle

Here are my notes on buyer and seller activities in the current Seattle housing market:
Buyers:
1. There’s more inventory, so:  Buyers want to see them all, and with so many homes on the market, it takes longer for folks to decide which house to buy.
2. Buyers want the best bargain, which is always true, but in this market, more [...]

How Seattle Rides Real Estate Storms

This article and letter to a customer (from March 08 with subsequent updates) are a brief collection of my thoughts on Seattle’s ability to ride out the current national economic storm.  As with all research, anyone can tweak any data to mean what they wish, so I have tried to find the most balanced perspective [...]

Market Updates for October 2008

Here are the monthly Real Estate Market updates for King, Snohomish and Pierce Counties:
http://www.comebuyahouse.com/OctoberKing08.pdf
http://www.comebuyahouse.com/OctoberSnohomish08.pdf
http://www.comebuyahouse.com/OctoberPierce08.pdf
Compiled by our title partner, from MLS statistics.
Lynette Hensley, Associate Broker, Realtor