All posts filed under: News

Does it pay to remodel?

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News

Pondering a remodel? Did you know some projects actually pay for themselves when it’s time to sell? Remodeling Magazine just released its 30th annual Cost vs. Value report, which provides a detailed analysis into how much popular remodeling projects cost—and the value they add to your home—in various regions across the county. Thanks to our robust housing market, the Pacific Region beat the national average for recoup on every single project. A few key takeaways […]

Timing the market right can bring you thousands when it’s time to sell

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Neighborhood Info / News

Ever notice how one home on your street sells well above asking price with a line of buyers out the door and an identical home comes on a month later and sits on the market for two weeks before finally selling at a reduced price?   It’s not always about the house. So often, it’s about timing the market well. Every. Day. Counts. In a world where potential buyers know how long you’ve been on […]

Check Out These Seattle Area Neighborhood Profiles

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Neighborhood Info

Ballard hip, West Seattle views, or Kirkland serenity? TheMarketTalks.com offers an easy way to research and compare neighborhoods throughout the Seattle-Eastside area, including maps, photos, links and more. The neighborhood profiles are a labor of love by the team at Windermere Real Estate/Mercer Island, developed to give consumers easy to access tools to enable them to learn more about potential communities within our Seattle Metro area” says the company’s owner Julie Barrows. The website relies heavily on relevant […]

Western Washington Real Estate Market Update

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News

ECONOMIC OVERVIEW Washington State continues to see strong employment growth, outpacing national numbers with an annual rate of more than 3%. Interestingly enough, despite these substantial job gains, the unemployment rate remains stubbornly high at 5.8%. However, I’m not overly concerned about this because it’s largely due to a growing labor force rather than a declining job market. This means that those who are unemployed who had previously stopped looking for work are now resurrecting…

Should I Buy a Home Now?

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News

With the recent news of year-over-year home value gains in the 20% range and rents rising at record levels, it made me think about the benefits and drawbacks of home ownership and all of the nuances that go into answering the question, “should I buy a home now?”. It’s important to remember that the purchase of a home is a lifestyle choice as much as it is an investment. It is not just a commodity […]

Appreciation and Affordability in the Greater Seattle-Eastside Region

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News

Given the significant increases in sale prices over the last couple of years, affordability in the Seattle-Eastside region is something we’ve been thinking about a lot. To that end, we’ve assembled a chart that graphs home ownership costs against common indicators. It also compares average monthly mortgage payments to average rents-which have been rising at even faster. The Western Urban Consumer Price Index is a steady indicator of appreciation. When home prices are in line with this index, they […]