Eastside Real Estate Working-for-you!

King County Weekly Pending Sales Counts Decline

At the end of March, 2007, I saw the movement and reported it -- weekly Pending Sales counts jumped 25% going from 401 to 493.  After that week, we saw the Pending counts steadily climb until they reached the high water mark of 629 in August.

The last 3 weeks have seen a rapid decline in the Pending counts.  I wouldn't exactly say they fell off the cliff (on second thought maybe I would.....)  The last 5 weeks show 562, 471, 486, 426 and 311.

Why?  I am sure that the ending of the $8,000 First Time Home Buyer's Tax Credit (since extended) stopped buyers as soon as they knew they couldn't close by Nov 30th.   Even with the extension and expansion of the tax credit, there's a few weeks until Buyer urgency kicks in.  And.... we are entering the winter holiday season.

If you are currently selling a home you need to pay attention to these things.

Greg Perry, Kirkland Realtor

How Long Will It Last? -- (Life expectancy of home components)

 
The National Association of Home Builders published a study on common home components and the life expectancy.  The report covers everything from appliances, to roofing.  Other items include countertops, electrical devices, lumber faucets, windows and much more.

The report should be used as a guideline.

Here are a few excerpts:

Counter tops: Natural stone = lifetime.  Cultured marble products = 20 years.

Decks:  Under ideal conditions = 20 years.

Flooring: Natural wood = 100 years or more.  Vinyl = up to 50 years.  Carpet = 8-10 years.

To view the full report:  Download LifeExpectancyofHomeComponents2007

New Kirkland Listing -- Lovely Traditional 4 bedroom, 2 3/4 Bath 2 Story Home

By Greg Perry, Kirkland Realtor

Greg Perry | Windermere Real Estate/NE | 425-829-7012 13528 131st Ave NE, Kirkland, WA Clean-As-A-Whistle Traditional 4 Bedroom, 2 1/4 Bath Two Story Home with Classic Floor Plan! 4BR/2.5BA Single Family House offered at $395,000 Year Built 1975 Sq Footage 1,900 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size 7,220 sqft HOA/Maint $0 per month DESCRIPTION You won't find a traditional 2 story home cleaner than this one. This classic floor plan is ready to move in to! The updated kitchen is HUGE with new cabinetry, granite counters, hardwood floors and plenty of functional storage. All bathrooms have been updated with deluxe vanities and fixtures. The master bedroom has its own 3/4 bath and walk-in closet. It has just been completely painted inside and out. Deluxe moldings and millwork with solid wood 6 panel doors. Fenced back yard has patio and space for gardens. see additional photos below PROPERTY FEATURES - Central heat - Fireplace - Walk-in closet - Family room - Living room - Dining room - Breakfast nook - Dishwasher - Refrigerator - Stove/Oven - Microwave - Granite countertop - Attic - Laundry area - garage - Yard OTHER SPECIAL FEATURES - HUGE updated kitchen with granite counters and plenty of functional storage. Includes pantry. - Master bedroom with 3/4 bath and walk in closet. - Updated bathrooms with deluxe vanities and fixutres. - Hardwood floors. - Just painted inside and out! - Solid wood 6 panel doors. - Deluxe fireplace mantel. - Lovely kitchen eating area in front of bay window. - New french style patio door. - Back yard has a large patio. It is fenced and has plenty of space for gardening. - Nice neighborhood street with sidewalks. - Located close to shopping, services, Evergreen Hospital and I-405 ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: Greg Perry Windermere Real Estate/NE 425-829-7012 For sale by agent/broker Equal Opportunity Housing Posted: Nov 15, 2009, 6:10pm PST

Kirkland Listing, Kirkland Home For Sale, Greg Perry

Seattle Eastside Residential Real Estate -- October 2009 Statistics

Here is a quick snapshot of October 2009 residential Eastside real estate statistics:

 

and next you'll find the King County / Snohomish County absorption rate heat maps.

 
Here are the NWMLS area boundarys:

ByGreg Perry, Kirkland Realtor

 

Congress Extends FTHB Tax Credit AND Gives Tax Credits For Existing Homeowners.

Today, President Obama signed an extension of the First Time Home BuyerTax Credit and opened up tax credits for certain existing homeowners. Here are the details: