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Real Estate — Bellevue Business Journal

04/26/2015

Frenzied Local Home Market Frustrating Home Buyers

Buyer anxiety is rising as the pace of home sales is faster than brokers are able to replenish inventory, according to members of Northwest Multiple Listing Service. Figures just released for March show 11,408 pending sales during the month while only 10,505 sellers listed their homes for sale during the same period. The market imbalance […]

11 Questions with Scott Cameron Co-Founder of Land Advisors Organization

Scott Cameron Co-Founder of Land Advisors Organization

What was your first ‘job’? My very first job was at a grocery store in my home town. I stocked shelves and bagged groceries when I was in high school. What did you do before you got started in real estate? After I graduated from college, I worked for a division of US Steel Corporation […]

Early Spring Brings Bumper Crop of Homebuyers Who Face Inventory Drought

Favorable weather and restored confidence are propelling home buying activity around Western Washington to the highest level in nearly a decade, according to Northwest Multiple Listing Service sources. “The pent-up demand being unleashed has rocketed pending sales back to the levels of our record year in 2006,” said Ken Anderson, president/designated broker at Coldwell Banker […]

The End of Houses in Bellevue Below $500k?

Is it possible that we have seen the end of houses in Bellevue priced at less than $500k?  This was the Bellevue Homes Report that I posted at A New Day Real Estate early this morning:   In the past couple of days, there has been 20 new single family residences in Bellevue listed for […]

Half of Condos For Sale in Bellevue at Washington Square

According to a post this morning on A New Day Real Estate’s Bellevue Condo Report, half of the condos listed for sale in Bellevue are located at Washington Square in downtown Bellevue. Although there are 140 condo properties in Bellevue listed for sale, a few of them are at 55+ communities and one of them […]

Low Rental Inventory, Strong Rents Good Signs for Landlords in Bellevue

Today on the Bellevue Rental Report at A New Day Real Estate, I talk about the lack of properties in Bellevue being offered for lease on the NWMLS. Low rental inventory and very strong and increasing rents makes it a good time to be a landlord in Bellevue.  If you are considering renting your investment […]

Average Asking Price of a Home in Bellevue: $2.2 million

Yesterday on the blog at A New Day Real Estate, I posted the most recent Bellevue Homes Report.  I pointed out that last week I had been prematurely optimistic about the number of homes coming on the market in Bellevue and that inventory had once again declined. A couple of interesting statistics about single family […]

Good News for Bellevue Home Buyers? Bellevue Homes Report February 5, 2015

Bellevue Homes Report February 5 2015

I’ve got exciting news for people looking to buy houses in Bellevue!  Despite the recently lack of inventory on the market to choose from over the past few months, it looks like there may be some changes coming around.  The inventory numbers are still low – there are only 99 single family homes listed for […]

Bellevue Condo Report: Inventory Extremely Low

This is the Bellevue Condo report from A New Day Real Estate for January 27, 2015. As of today, there are currently 130 condos in Bellevue that are listed for sale on the Northwest Multiple Listing Service (NWMLS).  That number is definitely a low number, but when you examine the list and realize that approximately […]

Despite tight inventory, Northwest MLS brokers complete more than 77,000 sales valued at nearly $28 billion during 2014

This is the official media release from the NWMLS – Northwest Multiple Listing Service and originally appeared at A New Day Real Estate. Members of Northwest Multiple Listing Service reported 77,276 closed sales during 2014 to outgain the prior year’s volume by 1,759 transactions for a 2.3 percent increase. Measured by dollars, last year’s sales […]