Redmond's real estate inventory continues to fall, as the number of homes available for sale dwindles with the faster pace of home sales. Inventory of available homes for sale in April dropped to just 1.3 months. Redmond Active Real Estate Listings vs. Sold Homes, Monthly A balanced real estate
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05/19/2013
Occasionally we'll have our friend Jo Liu translate our Seattle real estate blog posts for our Chinese buyers: 最新调查数据显示,全美房产销售速度正以加速度飞升。《美国日报》(USA Today)和《房产经纪人》(Realtor Magazine)称,在美国境内房市最火热的区域,待售房产渐已出现供不应求的局面。 而西雅图待售房产的短缺已经持续数月。与去年同期相比,目前只有近一半的房产挂牌出售。如此紧俏的房源带来的直接效应就是房产的热销——西雅图的房子从挂牌到售出的时间中位数已
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05/19/2013
Home sales in Kirkland are continuing to outpace past years, as the number of sold homes are nearly reaching the number of active listing each month. This trend of decreasing real estate inventory has reached a critical point in Kirkland, where home sellers are often able to sell within one week
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05/17/2013
Pending sales of homes in Bellevue hit a five year high in April, creating a scenario where we're likely to see record-breaking real estate sales throughout 2013. Bellevue had 233 house and condo listings go under contract during the month of April, up from 184 in the previous month. The 26 per
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05/16/2013
The relative lack of homes available for sale in the market in Seattle at any given time has not been able to quelch home buyer's thirst to purchase a house. While we're sitting at around 1.5 months of inventory right now, the lowest we've seen in years, the number of homes being sold is still i
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05/15/2013
The folks at Walkscore are always dreaming up a new way to measure pedestrian friendliness in cities across the country. Their latest effort is measuring a city's bike friendlienss, with a Bike Score. The scoring system is based on the prevalence of bike lanes, hills, commute options, and the nu
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05/13/2013
During fast-paced changes in a real estate market, we get to see statistics that look a bit strange sometimes. The speed with which Bellevue homes are being sold this year has created some numbers that we haven't seen in a long time. Homes are selling at a breakneck pace in Bellevue, and in the
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05/11/2013
It has been interesting to watch the number of active listings in the Seattle real estate market dwindle over the past couple of years. We've talked a lot about what having only 1 or 2 month's inventory means for home buyers. Though there are plenty of new listings coming on the market every we
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05/10/2013
Home buyers who are searching for a house or condo in Seattle often lament "There's nothing for sale." It's a statement repeated by many agents as well. Frankly, most of the reports we write about the scarcity of inventory exacerbate the notion that no new listings are coming on the market. In
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05/06/2013
The scarce inventory of Bellevue homes for sale is having a significant effect on the price of houses locally. Home prices in Bellevue have been up-and-down over the past year, but the median home price hit a peak this April. The median sale price of a house in Bellevue for April was $660,000, up
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05/04/2013