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Bellevue, WA Real Estate News

By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue's real estate market times decreasing   This Week: The median list price this week in West Bellevue is $2,388,000 is down from  last week’s $2,398,000. Demand measured by the Market Action Index  (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.    Supply and Demand In the last few weeks the  West Bellevue real estate market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI.  If the market heats up, prices are likely to resume an upward climb.    Price We continue to see prices in West Bellevue bounce around this plateau.  look for a pe...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue's real estate inventory increasing   This Week: The median list price this week in West Bellevue is $2,398,000 is down from  last week’s $2,583,000. The Market Action Index  (MAI see chart below) has been trending down lately, while inventory is climbing.  These trends imply a weakening market.    Supply and Demand The West Bellevue real estate market has not shown strong directional trends in terms of supply and demand.  However, inventory is sufficiently low to keep us in the Seller's  Market zone and prices have been moving upward as evidence.   Price This week we saw relatively little price change for West Bellevue from last week.  However, we continue to demonstrate a nice up trend in general over the last several weeks.  Localized real estate market reports are ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      How long will it take to sell my home in  West Bellevue  Many factors will dictate how long it takes to sell a home in specific marketplaces the real time charts will give you a overview of the current real estate trends.  This Week: The median list price this week in West Bellevue is $2,583,500 is down from  last week’s $2,599,800.  The Market Action Index  (MAI see chart below) has been trending down lately, while inventory is climbing.  These trends imply a weakening market.   Supply and Demand In the last few weeks the West Bellevue real estate market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s zone so watch changes in the MAI.  If the market heats up, prices are likely to resume an upw...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Real estate  prices in West Bellevue stable, inventory up    This Week: The median list price this week in West Bellevue is $2,598,900 is down from  last week’s $2,599,800.  Inventory is up and the Market Action Index  (MAI see chart below) is trending down recently.  While days-on-market appears to be trending lower, the overall conditions appears to be trending lower, the overall conditions are weakening a bit.     Supply and Demand In the last few weeks the West Bellevue real estate market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller's  Market zone so watch changes in the MAI.  If the market heats up, prices are likely to resume an upward climb.  Price We continue to see prices in West Belle...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Real estate  prices in West Bellevue higher, but market showing signs of weakening   This Week: The median list price this week in West Bellevue is $2,599,800 is up from  last week’s $2,399,000.  The Market Action Index  (MAI see chart below) is trending down lately, while inventory is climbing.  These trends imply a weakening market.   Supply and Demand West Bellevue’s home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks.  This is a Seller’s market so watch for upward pricing pressure in the near future if the the trend continues.  Price Prices in West Bellevue hit another all time high this week.  You can see that prices continue to march higher.  Look for a persistent downtrend in the Market Action Index into the Buyer’s zon...
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By Paul McFadden, Pest Control, Seattle, WA.
(Responsive Pest Control)
Hi all: I ran into a situation yesterday where a competitor claimed they can do a purchase loan on 22 acres. In talking to the realtor we knew that most mortgage banks couldn't do the loan due to the fact it is on more than 20 acres per Fannie Mae and Freddie Mac. We have portfolio loans so would entertain the idea but it needed to go to loan committee so I couldn't give it a 100% approval. Enter competitor bank who claims they can portfolio the loan and they already have an approval. Mind you this bank is extremely aggressive and this bothers me. Unfortunately, I've picked up too many pieces on broken loans where a bank claimed they could do a loan and then changed their mind all the while making a bunch of excuses. Personally, I refuse to go there. A Promise is a Promise...Make Sure t...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Real estate  prices in West Bellevue march higher   This Week: The median list price this week in West Bellevue is $2,399,950 is up from  last week’s $2,388,000.  Inventory is up and the Market Action Index  (MAI see chart below) is trending down recently,. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.     Supply and Demand West Bellevue’s real estate market continues to get hotter.  More sales and fewer homes listed have contributed to a relatively long run of increasing price.    Price Prices in West Bellevue hit another all time high this week.  You can see that prices continue to march higher.  Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally ab...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue's real estate market continues getting hotter   This Week: The median list price this week in West Bellevue is $2,388,000 is unchanged from  last week’s $2,388,000. IUnventory is tightening and days-on-market is falling.  The  Market Action Index  (MAI see chart below) shows demand heating up. These are relatively bullish signs for prices.    Supply and Demand While the Market Action Index shows some strengthening  in the last few weeks, prices have settled in a bit of a plateau.  We’re currently in a Seller’s market so prices will likely resume their climb should this trend persist.   Price We continue to see prices in West Bellevue hovering around their high point.  Look for a persistent down-shift in the Market Action Index before we see prices deviate from these l...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      List prices in West Bellevue spring higher   This Week: The median list price this week in West Bellevue is $2,388,000 is up from  last week’s $2,248,000.  Demand measured by the  Market Action Index  (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.    Supply and Demand While the Market Action Index shows some strengthening  in the last few weeks, prices have settled in a bit of a plateau.  We’re currently in a Seller’s market so prices will likely resume their climb should this trend persist.   Price We continue to see prices in West Bellevue hovering around their high point.  Look for a persistent down-shift in the Market Action Index before we see prices deviate from t...
Comments 3
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Demand for West Bellevue real estate remains high   This Week: The median list price this week in West Bellevue is $2,248,000 is up from  last week’s $1,899,000.  Demand measured by the  Market Action Index  (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.    Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI.  If the market heats up. prices are likely to resume an upward climb.  Price We continue to see prices in West Bellevue hovering around their high point.  Look for a persistent down-shift in t...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Woodridge Neighborhood Homes in Bellevue WA Find Homes for sale in Woodridge Neighborhood in Bellevue WA.  The Woodridge neighborhood area includes Woodridge Hill, a residential area rising just south of downtown and east of Interstate 405, and a long strip of multifamily, office and light industrial development flanking Richards Road. Woodridge is characterized by quiet streets and comfortable family homes – many with views of Lake Washington, downtown Bellevue and Seattle. Norwood Village was built on Woodridge Hill by WWII veterans in the late 1940s. This area adds historical and architectural significance to the community. Local architects designed the Norwood housing to take advantage of outstanding views receiving high praise in several magazines of its time. Both Woodridge and N...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Wilburton Neighborhood Homes in Bellevue WA Find Homes for sale in Wilburton Neighborhood in Bellevue WA.  Bellevue’s historic Wilburton neighborhood is an enclave of single-family and multifamily housing known not only for its rich history, but also for its beautiful views, parks and wooded areas. Major parks include the widely acclaimed Bellevue Botanical Garden and the 160-acre Kelsey Creek Park, which features barns and farm animals. The Wilburton area also contains significant light industrial uses – at the southern end along I-90, and in the Bel-Red corridor. Bel-Red – between the densely developed downtown and Redmond’s urban center at Overlake – has been rezoned for mixed-use development, oriented around new East Link stops and the area’s physical amenities (Goff Creek, West Tr...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
West Bellevue Neighborhood Homes in Bellevue WA Find Homes for sale in West Bellevue Neighborhood in Bellevue WA.  West Bellevue is the central business district of Bellevue, Washington. It comprises 400 acres bounded by I-405 to the east, NE 12th Street to the north, 100th Ave NE to the west, and Main Street to the south. It is currently the second largest city center in Washington with over 45,000 employees and 10,000 residents. The “original” Bellevue has continue to grow comprising an eclectic mix of retail, office buildings, parks and residential living in high-rise buildings, apartment complexes and single-family neighborhoods. Main Street – sometimes called Old Bellevue – is another thriving retail area with unique shops and restaurants and newer, mixed-use buildings. An expande...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Downtown Neighborhood Homes in Bellevue WA Find Homes for sale in Downtown Neighborhood in Bellevue WA.  Downtown Bellevue is the central business district of Bellevue, Washington. It comprises 400 acres bounded by I-405 to the east, NE 12th Street to the north, 100th Ave NE to the west, and Main Street to the south. It is currently the second largest city center in Washington with over 45,000 employees and 10,000 residents. The “original” Bellevue has continue to grow comprising an eclectic mix of retail, office buildings, parks and residential living in high-rise buildings, apartment complexes and single-family neighborhoods. Main Street – sometimes called Old Bellevue – is another thriving retail area with unique shops and restaurants and newer, mixed-use buildings. An expanded water...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
  Somerset Neighborhood Homes in Bellevue WA   Find Homes for sale in Somerset Neighborhood in Bellevue WA.  The Somerset neighborhood is centrally located between Interstate 405 and 90. This sought-after neighborhood is locate on a hill, offering stunning views of Bellevue, Lake Washington and the Olympic Mountains. Residents say Somerset is what the founders of Bellevue must have had in mind when they named the city. And the beautiful view continues today, with Somerset being a favorite vantage point from which to watch the Blue Angels during Seafair, enjoy Fourth of July and New Year's Eve fireworks or to just take in panoramic views of Bellevue and Seattle. Aside from the magnificent views and quiet living, Somerset offers top rated schools and great outdoor options for families. Ne...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
West Lake Hills Neighborhood Homes in Bellevue WA Find Homes for sale in West Lake Hills Neighborhood in Bellevue WA.  The West Lake Hills neighborhood is located on the east side of the city of Bellevue, adjacent to Lake Sammamish and neighbored by the Crossroads and Factoria, this area has easy access dining and retail establishments and natural sights. The eastern and western halves of West Lake Hills are divided by 156th Avenue. Although one of Bellevue’s older residential areas, it was just recently annexed to the city. It provides its residents with charm, extensive open space, waterfronts and unique natural assets. East West Lake Hills enjoys an extensive park system, including Weowna Park with its old-growth forest, and Phantom Lake with its connections to Larsen Lake and the W...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Lake Hills Neighborhood Homes in Bellevue WA Find Homes for sale in Lake Hills Neighborhood in Bellevue WA.  The Lake Hills neighborhood is located on the east side of the city of Bellevue, adjacent to Lake Sammamish and neighbored by the Crossroads and Factoria, this area has easy access dining and retail establishments and natural sights. Although one of Bellevue’s older residential areas, it was just recently annexed to the city. It provides its residents with charm, extensive open space, waterfronts and unique natural assets. East Lake Hills enjoys an extensive park system, including Weowna Park with its old-growth forest, and Phantom Lake with its connections to Larsen Lake and the Lake Hills Greenbelt, a large wetland area with an extensive trail system, community gardens, farms ...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Newport Neighborhood Homes in Bellevue WA Find homes for sale in Newport Neighborhood in Bellevue WA.  The Newport neighborhood is one of the real state gems of Bellevue. Located in the southwest corner of the city, this neighborhood includes two distinct communities – the Newport Hills/Lake Heights neighborhoods east of Interstate 405 and the Newport Shores district lying along the Lake Washington Shore, west of I-405. The Newport Shores lines Lake Washington’s west side, offering spectacular views of the lake, boating and recreational activities. On the other hand, Newport Hills is located in a plateau between Coal Creek and Lake Washington and is bordered to the east by the Coal Creek Natural Area making it a beautiful community full of natural sights. Moreover, Newport prides itsel...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
    Factoria Neighborhood Homes in Bellevue WA Find homes for sale in Factoria Neighborhood in Bellevue WA.  Factoria is a major commercial center serving the entire region. Bordered by Interstate 405 on the west and I-90 on the north, this neighborhood limits with Newcastle to the north, Eastgate to the east and Mercer Island to the west. Factoria's commercial development is centered on “Marketplace @ Factoria”, a nearby eight-theater cinema, and several grocery stores. Numerous office buildings of various size are scattered in the area, most significantly the six-tower Newport Corporate Center, occupied primarily by T-Mobile USA. Typical to a business district, Factoria is dotted with shops, business services, and restaurants. Although largely commercial, Factoria has a significant am...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Cougar Mountain Neighborhood Homes in Bellevue WA Find homes for sale in Cougar Mountain Neighborhood in Bellevue WA.  Cougar Mountain is one of the largest neighborhoods of Bellevue occupying the mountain that gives it name. This area offers both privacy for residential living and convenience given its proximity to commercial zones. The neighborhood is accessible through the south of exit 11-A along I-90, which runs east-west along Cougar Mountain's north side. Issaquah is to the east along I-90, and I-405 is a short distance to the west. The neighborhood limits immediately to the west with Factoria and to the south with Sommerset.  Cougar Mountain is conveniently located near I-90, one of the principal highways of the area, which allows for easy commuting access to Seattle. Cougar Mo...
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