tag:blogger.com,1999:blog-15223784.post116163485582085597..comments2023-10-08T06:24:07.089-07:00Comments on Seattle Bubble: Anecdote ExtravaganzaThe Timhttp://www.blogger.com/profile/14832570891451659976noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-15223784.post-1161648351783929062006-10-23T17:05:00.000-07:002006-10-23T17:05:00.000-07:00Notice this today on the King County Recorder site...Notice this today on the King County Recorder site:<BR/><BR/>NOTICE: Deeds of trust filed in King County are no longer available online due to an ordinance passed by the King County council aimed at safeguarding personal information contained in online documents.<BR/>Deeds are still available in person at the King County Recorders Office in downtown Seattle.Michaelhttps://www.blogger.com/profile/03592060363558323782noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1161644469821363002006-10-23T16:01:00.000-07:002006-10-23T16:01:00.000-07:00Kudos to him for doing it right and getting into a...Kudos to him for doing it right and getting into a house he can afford.Shadowedhttps://www.blogger.com/profile/02275066426135302508noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1161643625959408092006-10-23T15:47:00.000-07:002006-10-23T15:47:00.000-07:00I've related my anecdotal experiences on the easts...I've related my anecdotal experiences on the eastside before, but I'll do it again since it's on topic.<BR/><BR/>My drive to work is about 3 miles through residential eastern Bellevue/Redmond. Over the last few months, there have been at least a handful of signs up at any given time, peaking at around eight or nine a few weeks ago. This is many more than I ever noticed before. A few have sold, usually in the block with condos, but most have sat on the market for weeks if not months. <BR/><BR/>I've noticed in the last few weeks that several of the signs came down without a "sold" placcard, which I assume means they were pulled off the market without selling. Some of these houses are already empty, which makes me wonder if they are now paying two mortgages. This has reduced the number for sale by about a quarter, but there are still a handful up. I'm also starting to notice "for rent" signs on some of these houses.<BR/><BR/>Unfortuantely, I don't have prices on many of these houses because I'm not planning to buy in the area. I do know that one that sold in Redmond was up for $535k, which floored me -- it was not a half million dollar house. I have no idea what the actual sale price was. <BR/><BR/>The house two doors down from where I live was up for $460k for several months, which is at least $40k higher than anything on the street has listed before, including last year, and well above Zillow for comparable houses on the street. According to the neighbors, they never got even a nibble. A few weeks ago the "for sale" sign was replaced with "for rent", and they want around $1800/mo for it, which is rediculous. It's still sitting vacant.<BR/><BR/>So the trend for this microcosm of the eastside is that inventory spiked with a small number selling, but now some are getting pulled for good or changed to looking for renters. So I wouldn't be surprised if the inventory numbers actually drop for the month, but I'm still seeing a lot for sale and more for rent.Shadowedhttps://www.blogger.com/profile/02275066426135302508noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1161638234615613422006-10-23T14:17:00.000-07:002006-10-23T14:17:00.000-07:00Here's a list of recent sales in the Loyal heights...Here's a list of recent sales in the Loyal heights area of Ballard. Over half were sold over asking...suggesting that it is still a very compettive market. Most homes in this area still sell within 1-2 weeks.<BR/><BR/>Asking price first...sold price second.<BR/><BR/>6738 26th Ave NW 549,950 580,000<BR/>8349 19th Ave NW 450,000 475,000<BR/>7350 Jones Ave NW 579,500 585,000<BR/>7309 21st Ave NW 559,000 535,000<BR/>6716 Jones Ave NW 499,000 485,000<BR/>8330 27th Ave NW 399,950 410,000<BR/>6733 Jones Ave NW 399,000 420,000<BR/>8042 17th Ave NW 399,950 380,000meshugyhttps://www.blogger.com/profile/12332798876700147445noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1161637704769552062006-10-23T14:08:00.000-07:002006-10-23T14:08:00.000-07:00Oh... and the asking Price: $364,500Oh... and the asking Price: $364,500David Aldrichhttps://www.blogger.com/profile/15960598244369017116noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1161637504880844982006-10-23T14:05:00.000-07:002006-10-23T14:05:00.000-07:00Someone I know has been *trying* to sell their Que...Someone I know has been *trying* to sell their Queen Anne condo for the past 62 days.<BR/><BR/>Details:<BR/>Beds: 2 <BR/>Baths: 1 <BR/>Size: 828 sq. ft <BR/>$/Sq Ft: $440 <BR/>Year Built: 1991 <BR/>Style: Condo (1 Level) <BR/>Views: City, Lake, Mountain, Territorial, See Remarks <BR/>Status: Active on market <BR/>On Market: 62 days <BR/><BR/>What the details don't reveal is that part of the building is in a slow state of collapse, that all the penetrations on 3 elevations of the building are improperly papered/flashed , and all the windows on those same elevations need to be replaced.<BR/><BR/>Of course, if you haven't even gotten a single offer, and she hasn't, these factors haven't even come into play yet. The seller blames the lagging sales on the fact that the lobby needs a second coat of paint.<BR/><BR/>One last detail: The last unit sold of similar square footage was priced at $320K and sold for $315K -- and it had one more bathroom and a second parking stall.David Aldrichhttps://www.blogger.com/profile/15960598244369017116noreply@blogger.com