It’s getting a bit harder for first time buyers to get a real deal on Seattle homes these days. If my personal anecdotes relate at all to the general real estate market in Seattle, there’s a real floor being created in prices for entry-level homes. My first time buyer clients are finding that buying a home [...]
Archive for August, 2009
Lake Union Home sales could be helped by tax credit extension
There’s a big push by lawmakers, real estate professionals, and lobbying groups to extend the current tax credit for home buyers. First time home buyers can currently get an $8000 tax credit for buying a primary home. This credit lasts through November 30, with all transactions needing to be closed by that date to qualify.
There [...]
Lake Union waterfront homes selling more slowly, parts of Seattle heat up
The real estate market in Seattle seems to be a tale of two cities. We have the same problems with foreclosures and distressed home sales as any big city in the U.S., albeit Seattle foreclosures are not nearly as prevalent as those in boom/bust cities like Las Vegas, Phoenix, and Miami.
We also have new construction [...]
