Jason's Blog • January 26, 2013

Home Values in Seattle, Wa for December 2012

by Jason Cook

Real Estate Market Data for Seattle provided by Jason E. Cook of Windermere Real Estate/East Inc.

Seattle home prices increased by 9% from December 2011 to December 2012.

Seattle Home Values December 2012

Seattle Market Summary Report

The Median closed price in December for single family homes in Seattle is $423,376. The closed price increased by 9% from 2011.

The total number of active listings were 600. This was down from 2011 which had 1,137 actives listings in just one year. A 47% decrease. But what does that mean to me? It means LESS supply!

The Total number of closed sales for December 2012 was 6,124. This is up 15% from December 2011. Bottom line, there is very little homes for sale, buyers are still buying, and prices are rising!

Find Homes for Sale in Seattle WA

Visit my website to search for homes in Seattle or to be notified when Bellevue homes come on the market.

To find out what your home is worth in the CURRENT market email me or call 206-280-1911

Jason's Blog • January 16, 2013

Home Prices in Bellevue Wa for December 2012

by Jason Cook

Home Prices in Bellevue Wa for December 2012

Real Estate market data for Bellevue, Washington provided by Jason E. Cook of Windermere Real Estate/East Inc.

Bellevue and Eastside home prices

We have seen 11 straight months of pending price increases on home prices in Bellevue. In Bellevue and on the Eastside 2012 had the most pending sales since 2005 and the 4th highest over the last 15 years of data we have available.

The average month’s supply of inventory for 2012 of 2.0 ties 2005 as the lowest in the last 15 years for which we have data available.

Lowest active inventory at the end of December 2012 that the market has seen in the last 15 years of data we have available.

Bellevue & Eastside Home Values 12.31.2012

Bellevue and Eastside Market Summary Report

The Median closed price in December for single family homes in Bellevue is $526,455. The closed price increased by 4% from 2011.

The total number of active listings were 957. This was down from 2011 which had 1,768 actives listings in just one year. A 46% decrease. But what does that mean to me? It means LESS supply!

The Total number of closed sales for December 2012 was 7,287. This is up 22% from December 2011. Bottom line, there is very little homes for sale, buyers are still buying, and prices are rising!

Find Homes for Sale in Bellevue WA

Visit my website to search for homes in Bellevue or to be notified when Bellevue homes come on the market.

To find out what your home is worth in the CURRENT market email me or call 206-280-1911

Jason's Blog • January 12, 2013

A question about White Sales

by Jason Cook

At this time of year many stores are having their “White Sale”! I was debating with Sara about bath towels, and how often they should be replaced? I feel they only need to be replaced or rotated in with new ones about every 2 or 3 years. She says they should be replaced yearly!?
What is your thoughts? How often should Bath Towels be replaced? Feel free to answer on Facebook at: https://www.facebook.com/BellevueRealtor Bellevue Realtor

Stay tuned for Decembers home value report!

Jason's Blog • January 2, 2013

November Market Values

by Jason Cook

King County Real Estate

Market Update for November 2012

JasonECook@Windermere.com

While we saw some expected seasonal slowdown in November, it was less than we typically see. The themes of the year continued in November with low inventory (weak supply), increased sales(strong demand) which equals low month’s supply of inventory, multiple offers being common, and price increases. Below are a few highlights of the stats.

Questions? Call or Email me:
JasonECook@Windermere.com
206-280-1911

Jason's Blog • Sellers tips • December 18, 2012

A gentle Nudge about inventory

by Jason Cook

CLick on the image for a more interactive look!

In King County and on the Eastside, inventory levels are at historic lows. In Bellevue we have 1.7 months supply. That is amazingly low and favors Sellers at this time! Although inventory is low, demand is still very high! We are seeing an increase in pricing too! Click here for more info on inventory.

Jason's Blog • Reviews • December 3, 2012

A nice review

by Jason Cook

Thanks Olga!

Jason E. Cook was a great asset in getting our condo sold. He went above and beyond on multiple occasions – coordinating move-out cleaning, carpet cleaning (including offering to do the carpet cleaning himself if no one else was available) and staging, scheduling open houses and welcoming every potential buyer with a smile. He did a phenomenal job of marketing, including creating a customized website, direct mail campaign, follow-ups with buyers agents, and many other small and large tasks. Negotiations and documents were a breeze with his guidance. Definitely a great realtor to have on your team!

Response from Jason on 11/30/2012

Thank you so much for the kind words Olga! We had a wonderful experience selling your condo! It is very smooth working with great people just like you!

Jason's Blog • November 30, 2012

What’s Really Driving The Housing Recovery?

by Jason Cook

"Six years since the start of the greatest housing collapse since the Great Depression, one doesn't have to look very far to see signs of a recovery. Nationally, home prices are rising after more than a 30% drop since mid-2006. More good news arrived Tuesday, as the Standard & Poor's/Case-Shiller home price index reported third quarter prices were up 3.6% from a year ago and September's 20-city index reached its highest level in two years. Foreclosures have slowed in most of the country after having decimated hundreds of U.S. cities. Rather than being a drag on the U.S. economy, housing is now seen as a contributor to growth."

http://bit.ly/11nC21q

Jason's Blog • November 6, 2012

Inspirational video!

by Jason Cook

A friend forwarded me this inspirational video this morning! I normally just post real estate related items here, but decided to step out of my comfort zone for this one! I was very moved by this! Thank you for taking the time to watch it! Jason Cook

Sellers tips • November 1, 2012

Have you ever tried what they are recommending in this article?

by Jason Cook

I recently painted the exterior of my house and the first thing my neighbors asked is if I was selling soon? I said I do know a good Realtor! Inventory is still very low so it is a good time to get a home listed to sell.

http://bit.ly/RuCxDI

Jason's Blog • October 29, 2012

Online home searches; are you really seeing everything for sale?

by Jason Cook

Online home searches; are you really seeing everything for sale?

Are you frustrated that a home that you see online for sale has already gone pending? The house around the corner has a sign in the front yard, but you can’t find ANY information about it online!

Earlier this month the WAV Group, one of the largest real estate consulting firms in the nation, published the results of an independent study that compared listing information on real estate brokerage websites like Windermere.com with those of national real estate portals, such as Zillow and Trulia. The study focused on 11 major markets and found that local real estate brokerage websites have the most complete, accurate, and up-to-date information about homes for sale.

You can read more about the study here. The study’s main findings included:

· Local real estate brokerage sites display 100% of the agent-listed homes for sale compared to about 80% for the national portal sites.

· Local real estate brokerage sites show newly listed homes for sale seven to nine days earlier than national portals.

· Local real estate brokerage sites almost never show a home listing as active that has already sold; about 36% of listings that appear as active on national portals are no longer for sale.

So what does this mean for home buyers and sellers? It means that local real estate brokerage websites like Windermere.com are your best bet for the most complete and accurate information about homes that are for sale. To learn more about the differences between local real estate brokerage websites and national portals, and how it impacts buyers and sellers. Click here:

The_True_Accuracy_of_Real_Estate_Websites

Online home search