Eastside Real Estate Working-for-you!

Brian Buffini and Joe Niego as "The Referral Brothers".

Every year, I make the trip to real estate trainer Brian Buffini's Mastermind Summit.  The Mastermind Summit is 2 day intensive personal growth seminar.  Every year Brian cooks up a few surprising and very entertaining moments.  This year Brian, and his friend and partner, Joe Niego, outdid themselves with this parody of the "Blues Brothers".

Enjoy!  (Sweet Home Chicago)

Follow this link to their second song,  "Everybody Needs Sombody to Love"

What happened in Seattle's Eastside in July 2008? Eastside real estate statistics!

Date	5/07	6/07	7/07	8/07	9/07	10/07	11/07	12/07	1/08	2/08	3/08	4/08	5/08	6/08	7/08
For Sale	3051	3410	3557	3687	3901	3738	3367	2975	3200	3694	3920	4307	4654	4548	4767
Sold	747	845	823	772	482	477	374	373	304	358	420	481	457	511	484
Pended	845	825	721	587	413	434	407	275	340	441	476	506	494	543	547
Months of Inventory based on Closed Sales	4.1	4.0	4.3	4.8	8.1	7.8	9.0	8.0	10.5	10.3	9.3	9.0	10.2	8.9	9.8
Months of Inventory based on Pended Sales	3.6	4.1	4.9	6.3	9.4	8.6	8.3	10.8	9.4	8.4	8.2	8.5	9.4	8.4	8.7
Avg. Active Price	1068	1045	1019	1015	1008	1007	1024	1033	1045	1028	1022	1014	992	1010	1000
Avg. Sld Price	815	766	795	755	753	696	722	729	673	704	727	734	741	741	718
Avg. Sq. Ft. Price	310	298	300	287	297	275	280	279	259	272	284	283	278	273	271
Sold/List Diff. %	99	99	99	98	98	98	97	97	96	97	97	96	97	97	96
Sold/Orig LP Diff. %	98	98	97	97	96	95	95	94	93	95	95	94	95	94	93
Days on Market	52	54	60	62	62	66	78	84	95	83	87	79	82	88	87
Avg CDOM	60	63	69	68	67	75	88	96	113	105	101	104	101	111	118
Median Price	638	625	648	625	582	585	582	583	580	585	590	585	599	628	575

*All reports are published Aug. 2008, based on data available at the end of Jul. 2008. This representation is based in whole or in part on data supplied by the NWMLS. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Woodinville Home for Sale - Hollywood Hill Rambler

Woodinville Home for Sale - Woodinville listing
16723 171st Pl NE - Woodinville Wa
MLS # 28142564
Greg Perry - Eastside Realtor

No detail was overlooked and no expense spared in this stunning Hollywood Hill area remodeled home.  You'll walk in to soaring ceilings with a full window wall that creates beautiful natural lighting.  Kitchen is custom cherry, granite and top-of-the line stainless appliances and fixtures.  You'll love the twin lighted china cabinets with French doors.  The master bedroom is the prettiest you'll see with top quality tile work, vanities and an oversized jetted soaking tub.  Outside you'll find a entertainment deck in a setting that is professionally landscaped.

VIDEO WALKTHROUGH:

Greg Perry | Windermere Real Estate/NE | 425-829-7012     16723 171st Pl NE, Woodinville, WA Equisite Remodeled Home.  Perfect In Every Detail! 3BR/3BA Single Family House offered at $669,900             Year Built 1985 Sq Footage 2,200 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 2 Parking Unspecified Lot Size 31,500 sqft HOA/Maint $0 per month   DESCRIPTION No detail was overlooked and no expense spared in this stunning Hollywood Hill area remodeled home.  You'll walk in to soaring ceilings with a full window wall that creates beautiful natural lighting.  Kitchen is custom cherry, granite and top-of-the line stainless appliances and fixtures.  You'll love the twin lighted china cabinets with French doors.  The master bedroom is the prettiest you'll see with top quality tile work, vanities and an oversized jetted soaking tub.  Outside you'll find a entertainment deck in a setting that is professionally landscaped.   see additional photos below     PROPERTY FEATURES Central heat Fireplace High/Vaulted ceiling Walk-in closet Hardwood floor Tile floor Family room Living room Dining room Dishwasher Refrigerator Stove/Oven Microwave Granite countertop Stainless steel appliances Attic Basement Washer Dryer Laundry area - inside Balcony, Deck, or Patio Yard Jacuzzi/Whirlpool     OTHER SPECIAL FEATURES Soaring ceiling with a full height window wall. Main floor guest bedroom with its own private bath. Expansive hardwood, custom tile and top of the line carpet flooring. Huge entertainment deck. Professionally landscaped grounds.     ADDITIONAL PHOTOS   Seller contact info:   Greg Perry Windermere Real Estate/NE 425-829-7012 For sale by agent/broker Equal Opportunity Housing Posted: Aug 18, 2008, 4:41pm PDT

Monday's Inspiration -- 30 NYC Heroes LIft Bus Off Pregant Woman

First came half dozen, then a few more and finally 30 individuals came off the street and sidewalk to lift a 5 ton bus off a pregnant woman pinned underneath it. 

From USA Today, "Seven months pregnant, Donnette Sanz, was crossing one of the busiest intersections in the Bronx on her lunch break when she was struck by a van whose brakes failed. The impact sent the 33-year-old NYPD traffic agent flying into the path of a yellow school bus and pinned her underneath.

About 30 people helped lift the bus, and Sanz was rushed to a hospital, where doctors delivered her boy by Caesarean section. The 3-pound, 6-ounce infant, named Sean Michael, was in critical condition Friday but showing signs of improvement."

The woman died shortly after delivery, but her baby survives because 30 people -- all strangers to each other -- stepped up to do the right thing.

To see the USA Article  CLICK HERE

First Time Homebuyer Tax Credit -- New Federal Program Fact Sheet

Who is Eligible?

• The tax credit of up to $7,500 is available for first -time home buyers only.
• The law defines a first-time home buyer as a buyer who has not owned a home during the past three years.
• All U.S. citizens who file taxes are eligible to participate in the program.

Income Limits

• Home buyers who file as single or head-of-household taxpayers can claim the full $7,500 credit if the adjusted gross income (AGI) is less than $75,000.
• For married couples filing a joint return, the income limit doubles to $150,000.
• Single or head-of=household taxpayers who earn between $75,000 and $95,000 are eligible to receive a partial first-time-home buyer tax credit.
• Married couples who earn between $150,000 and $170,000 are eligible to receive a partial first-time home buyer tax credit.
• The credit is not available for single taxpayers whose AGI is greater than $95,000 and married couples with an AGI that exceeds $170,000.

Effective Dates for the Tax Credit

• First-time home buyers would receive a $7,500 tax credit for the purchase of any home on or after April 9, 2008 (retroactive) and before July 1, 2009.  To qualify, you must actually close on the sale of the home during this period.

Tax Credit is Refundable

• A refundable credit means that if you pay less than $7,500 in federal income taxes, then the government will write you a check for the difference.
• For example, if you owe $5,000 in federal income taxes, you would pay nothing to the IRS and receive a $2,500 payment form the government.
• If you are due to receive a $1,000 tax refund from the government, our refund would grow to $8,500 ($1,000 plus $7,500 form the home buyer tax credit.)
• Buyers can take the tax credit in their 2008 or 2009 tax return.
• If you purchased the home in 2008, the tax credit is taken on your 2008 return.  If you buy in 2009, you have the option of taking the credit on your 2008 or 2009 returns.

Types of Homes that Qualify for the Tax Credit

• All homes, whether single-family, townhouse or condominium apartments will qualify, provided that the home will be used as a principal residence and the buyer has not owned a home in the prior three years.  This also includes newly-constructed homes.

Payback Provisions

• The tax credit essentially serves as an interest-free loan to be repaid over 15 years.
• for example, a home buyer claiming a $7,500 credit would repay the credit at $500 per year.  If the home owner sold the home, then the remaining credit would be due from the profit of the home sale.
• If there was insufficient profit, then the remaining credit payback would be forgiven.

July 2008 King County Residential Statistics -- A 425Realty.com Statcast

Starting in December 2007, for the 8th consecutive month, Pending sales for Single Family homes posted a month over month (MOM) increase.    July 2008 Pendings for King County came in at 1751, up from 1675 in June.  Active listings (inventory)also increased from 12,027 in June to 12,541 in July to keep Months of Inventory steady at 7.2 months of available inventory at the current rate of sale. 

Be sure to watch Greg's video commentary of July 2008 King County Single Family Homes!

Date	5/07	6/07	7/07	8/07	9/07	10/07	11/07	12/07	1/08	2/08	3/08	4/08	5/08	6/08	7/08
For Sale	8673	9626	10113	10471	11434	11001	9914	8723	9384	10271	10770	11634	12248	12027	12541
Sold	2476	2659	2422	2328	1566	1535	1406	1311	940	1236	1451	1504	1565	1595	1491
Pended	2662	2518	2227	1871	1396	1541	1357	984	1151	1502	1612	1701	1652	1675	1751
Months of Inventory based on Closed Sales	3.5	3.6	4.2	4.5	7.3	7.2	7.1	6.7	10.0	8.3	7.4	7.7	7.8	7.5	8.4
Months of Inventory based on Pended Sales	3.3	3.8	4.5	5.6	8.2	7.1	7.3	8.9	8.2	6.8	6.7	6.8	7.4	7.2	7.2
Avg. Active Price	752	735	723	710	705	709	712	713	713	726	726	726	728	732	723
Avg. Sld Price	593	578	599	586	570	549	531	541	527	536	536	549	555	571	546
Avg. Sq. Ft. Price	267	261	264	266	257	254	241	243	241	246	248	249	251	249	246
Sold/List Diff. %	99	99	99	99	98	98	98	98	97	98	98	97	98	97	97
Sold/Orig LP Diff. %	99	98	98	97	96	96	95	94	94	95	95	95	95	95	94
Days on Market	51	50	52	54	57	61	69	76	83	78	77	75	73	75	72
Avg CDOM	56	57	59	61	64	68	78	84	93	97	91	89	89	93	100
Median Price	465	475	485	469	450	443	439	436	430	435	435	450	442	452	440

*All reports are published Aug. 2008, based on data available at the end of Jul. 2008. This representation is based in whole or in part on data supplied by the NWMLS. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Monday's Inspiration

Each moment of the year has its own beauty.  Ralph Waldo Emerson

Summer afternoon....... summer afternoon.  The two best words in the English language. Henry James