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Bellevue, WA Real Estate News

By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Eastgate Neighborhood Homes in Bellevue WA Find homes for sale in Eastgate Neighborhood in Bellevue WA.  Eastgate is one of the largest neighborhoods of Bellevue occupying 1.3 square miles of the Bellevue area. Located on the northwest flank of Cougar Mountain, 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 Eastgate'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.  Eastgate is conveniently located near I-90, one of the principal highways of the area, which allows for easy commuting access...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Crossroads Neighborhood Homes in Bellevue WA Find homes for sale in Crossroads Neighborhood in Bellevue WA.  Crossroads is a commercial and residential area located in East Bellevue that characterizes for its abundance of large apartment complexes, numerous restaurants, parks, a golf course, and retail establishments. Crossroads Bellevue, the shopping center at Northeast Eighth Street and 156th Avenue Northeast, is a hub of activity, featuring regular stage entertainment and special events, a popular ethnic food court and an activity area where local residents gather to play chess and other games. The city operates three major facilities to address the needs and interests of East Bellevue residents: Mini City Hall, offering city and community services in nine languages; the Crossroads C...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Days-on-market for West Bellevue real estate falling   This Week: The median list price this week in West Bellevue is $1,899,000 is up from  last week’s $1,8000,000.  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 Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price While this week the median price in the West Bellevue area didn’t fluctuate...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Demand cooling for West Bellevue real estate   This Week: The median list price this week in West Bellevue is $1,800,000 down from  last week’s $2,429,990.  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 Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue slipped again this week.  You can see that prices continu...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      West Bellevue’s home list prices slip for second week in a row   This Week: The median list price this week in West Bellevue is $2,429,990 down from  last week’s $2,499,992.  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 Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue slipped slightly this week.  You can se...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue’s home list prices move higher   This Week: The median list price this week in West Bellevue is $2,449,992  up  from  last week’s $2,399,995.  Inventory is tightening and days-on-market is falling.  The Market Action Index  (MAI see chart below) show demand heating up.  These are relatively bullish signs for prices.     Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue hit another all time high this week.  You can see that prices continue to...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales on the Eastside Cities of Bellevue, Redmond, Kirkland, Issaquah and Sammamish and King County January of 2014 King County closed sales were down 6% from January 2013. The Eastside showed closed sales down 12.3%. The median home price in King County in January was up 15.83% to $364,875 The Eastside showed gains with a median sales price up 12.76% to $495,000. Home Sales Report Pending sales across King County, showed a decrease of 5.33%, and down 8.16% on the Eastside. In January total active listings were up 6.67% in King County but down 5.46% on the Eastside from January of 2013. This amounts to a leveling off of the decline in inventory, keep in mind that January & Febuary are seasonally slow but inventory numbers being so low are slowing sales also. Watch the decline in i...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue’s home list prices up yet some signs of weakening    This Week: The median list price this week in West Bellevue is $2,399,995  up  from  last week’s $2,174,998.  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 Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Prices in the  West Bellevue real estate market continue their recent uptrends this week. While still below the market’s high...
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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 experiencing slight cooling   This Week: The median list price this week in West Bellevue is $2,174,998  down slightly from  last week’s $2,198,888.  Inventory has been tightening and days-on-market increasing recently.  The Market Action Index  (MAI see chart below) has been basically flat, not providing strong indication for the market conditions.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price The West Bellevue real estate market continues its bounce aga...
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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 continues to lighten   This Week: The median list price this week in West Bellevue is $2,198,888  down from  last week’s $2,297,439.  Inventory has been lightening lately and the Market Action Index  (MAI see chart below) has been trending up.   Though days-on-market is increasing, these are mildly positive indications for the market.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price The West Bellevue real estate market continues its bounce again this wee...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Ahhh, Feburary 14. The day of love. The day that Cupid works for all year. The day Hallmark cashes in on our emotions.    For some people, February 14 is just another day. And this year, just another Friday. Whether you’re indifferent, upset, or excited, there are some things you just shouldn’t do on this lovers’ holiday:  1. Go on a first date. I would like to shake my fist at whoever suggests this as a way to spend Valentine’s Day. First dates are hard enough as it is without the added pressure of taking place on a holiday like this. Chances are you’ll either spend the evening with false expectations, hoping he’s “The One,” or you’ll spend the night miserable and wishing you were home in your pajamas. Valentine’s Day is NOT the day to take a dating risk. Reschedule for the next day a...
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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 continue to move higher   This Week: The median list price this week in West Bellevue is $2,297,439  up from  last week’s $2,0988,444.  Demand measured by the Market Action Index  (MAI see chart below) is increasing  and days-on-market is holding steady.  With more properties coming available, conditions are mildly positive.   Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price The West Bellevue real estate market continues its bounce again this week.  We’re a lo...
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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 its swagger Typically between the second and third week of January median list prices sofen. This is one of my favorite leading indicators for home prices for the year is the median price of new listings. This Week: The median list price this week in West Bellevue is $2,488,021 up from last Jauaury's $1,333,000. With inventory and days-on-market basically unchanged and the Market Action Index  (MAI see chart below) increasing, the market is not sending strong directional signal for the near-term outlook.      Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to r...
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By Dave McFarland
(RSVP Real Estate)
Does now make sense to trade up in Bellevue Washington? – Get your free list of "trade up" homes today! Been living in Bellevue Washington for a while?  You bought your home at a price that would make anyone envious today.  Now you ready for a home that’s larger or in a more desirable location.   Here are a a few questions I ask clients when discussing their trade up objectives.  If you answer yes to most, it’s a sign that you may be ready to trade up. Have you built substantial equity in your current Bellevue Washington home? Look at your annual mortgage statement or call your lender to find out. Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have sig...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
     Have prices in West Bellevue peaked?   This Week: The median list price this week in West Bellevue is $2,098,444 unchanged from  last week’s $2,098,444.  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 Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price We continue to see prices in  West Bellevue bouncing around this current levels, even though they  bumpe...
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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 prices continue to soar   This Week: The median list price this week in West Bellevue is $2,098,444 up from  last week’s $1,950,000.  Inventory has been tightening but days-on-market and the the  Market Action Index  (MAI see chart below) has been basically unchanged, not providing strong indication for market conditions.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone.   Price We continue to see prices in  West Bellevue bouncing around this current levels, even though t...
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By Paul McFadden, Pest Control, Seattle, WA.
(Responsive Pest Control)
Hi all: I hope you're enjoying your Tuesday afternoon! QM or the Qualified Mortgage has arrived! For those of you not in the know, new mortgage rules were implemented on January 10, 2014. The Qualified Mortgage relates to what can be guaranteed by the big entities, Fannie Mae and Freddie Mac. Per the new guidelines, the new qualified mortgage will have a maximum debt to income ratio of 43%. Before, the debt to income ratio was 45%. The good news so far has been that as long as there is a loan approval from the desktop underwriting systems of Fannie Mae and Freddie Mac your loan will still probably be approved. Since FHA and VA, for example, often approve their borrowers at higher debt to income ratios (probably because they require an upfront insurance premium), it is good news that deb...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Everything you need to know when buying a home in Bellevue WA     Find homes for sale Homes in Bellevue WA.  These King County homes have a super convenient location in Bellevue near Downtown Park, Meydenbauer Center, Lincoln Square, Catch a movie in a 16-screen luxury cinema, stay or spa in the Westin Bellevue, shop for wines and wares, eat a lively meal-then bowl or shoot billiards in the hippest nightspots anywhere. You will feel right at home in Bellevue WA.   Homes for sale in Bellevue include new construction, remodeled homes, foreclosures, short sales, and traditional resale homes.  Home styles range from condos to townhomes and single-family homes.   Selling in Bellevue? Request a custom evaluation for your home at Home for Sale in Bellevue WA.   Affordable Spacious Homes or Con...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
     What’s happening with West Bellevue’s real estate market?   This Week: The median list price this week in West Bellevue is $1,950,000 down from  last week’s $1,950,000.  Inventory has been decreasing lately but the  Market Action Index  (MAI see chart below) has been falling also.  With  days-on-market climbing,  ,these are relatively negative implications for the market.   Supply and Demand 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 trend continues.  Price We continue to see prices in  West Bellevue bouncing around this current levels, even though they  bumped up a bit this week.  Look for a persistent up-shift in the Market A...
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By Paul McFadden, Pest Control, Seattle, WA.
(Responsive Pest Control)
Hi all: I hope you're well! If you're in a sunnier clime right now, stay there. It's not cold here but it's raining to beat the band. We usually can expect this weather for a while now. It's 2 Days until QM or the Qualified Mortgage. I have written on this topic previously. Beginning with the Dodd-Frank Act of 2010 and culminating with the new Qualified Mortgage, the mortgage industry has been completely revamped by our government. I'm not saying this didn't need to happen. The days of easy money found earlier this new millenium also were partly to blame for the whole real estate meltdown that started near the end of 2006.  With the new QM or Qualified Mortgage we are getting back to simpler guidelines and the burden of proof is more like it was in the old days. When we bought our first...
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