Lake Union Homes

 
Sales of luxury real estate in Seattle have been strong all summer long, and continue to outpace 2009’s sales of luxury homes in a big way. July had 31 sales of homes over $1 million and 5 home sales over $2 million. This is in comparison to last July’s sales of 23 and 2 homes, [...]

Moody’s and Fiserv (Case-Shiller Indices) recently studied the most likely housing markets to lead the real estate recovery in the U.S. Washington state came out number 1, with particular attention to the Puget Sound region. Seattle was forecast to have a bullish 25.5% increase in prices over the next 4 years.

The group estimates that housing [...]

 
Waterfront real estate sales in Seattle maintained an even keel in July, as the general real estate market continued to push along through a slow economy. July waterfront home sales in Seattle matched the eight homes sold in June, with two sales being high-end floating homes and the remainder of the sales being traditional single [...]

While the real estate market took a dip after the home buyer tax credits expired a couple of months ago, it appears that the summer boost is coming back.
After May’s disappointing numbers, we saw an increase of 24% in new home sales for June, according to the U.S. Commerce department. Sales of new homes rose [...]

There are currently about 3 dozen houseboats and floating homes for sale in Seattle. This number is a bit higher than usual, but not particularly far out of the normal range of inventory.
Sales of houseboats and floating homes started out well for the year, but have slowed a bit. We’re currently at just 8 sales [...]

 
There has been much (uninformed) debate on the web about the possible existence of a tax on real estate sales within the new health care bill passed by Congress and the President this year. It’s been called a “sales tax”, “transfer tax”, “income tax”, and some have even said it doesn’t exist at all.

Let’s [...]

While Seattle’s waterfront real estate market stayed healthy but flat in June, sales of waterfront homes on the Eastside continued to make a big splash.

There were 13 homes sold on Lake Washington and Lake Sammamish last month, including a dozen sales over $1 million and 5 sales over $3 million. That more than doubles [...]

The waterfront real estate market in Seattle continued to top 2009’s sales numbers with 6 waterfront home sales in June and 5 of those being traditional houses. While the total sales are down slightly from the 8 sales in May, we’re still significantly higher every month this year than we were in 2009.
In May of [...]

Wallingford, Seattle Homes – Real Estate Sales 2010
Sales of homes in Seattle’s Wallingford neighborhood are markedly improved over 2009, and prices are showing a rebound at the halfway point of the year. Total sales of single family homes are up 27%, and the median sale price is up 21% vs the first half of last [...]

While foreclosures have certainly increased in the greater Seattle real estate market over the past couple of years, REO or bank-owned homes have yet to make up a significant number of homes on the market.
Seattle ForeclosuresSeattle currently has 210 bank-owned homes on the NWMLS for sale. This is out of 4277 total active listings, or [...]