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 [...]
Archive for July, 2010
New Home Sales Rise 24% in June
Seattle’s Houseboat and Floating Home Market – Lakefront Real Estate
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 [...]
The Debate Over the “Real Estate Tax” in the New Health Care Law
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 [...]
Waterfront Real Estate on the Eastside Continues Surge
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 [...]
June Sales of Seattle Waterfront Real Estate Up Vs. ‘09
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 [...]
