Microsoft (Redmond, WA)
By Shawn McNeal, Shawn McNeal
(Remax Eastside Brokers)
   Microsoft in Redmond Washington          What is Microsoft?Today people know what is Microsoft and who is the owner of this company. A lot of people all over the the world uses Microsoft products. Microsoft Corporation is an American multinational technology company that develops, manufactures, licenses, supports and sells computer software, consumer electronics and personal computers and services. It was founded by Paul Allen and Bill Gates back in April 4, 1975. The products known by Microsoft are Microsoft Windows which is an operating system, Microsoft Office suite and Internet Explorer. Now we have also Xbox game consoles and Microsoft Surface tablet. This is the world's largest software maker by revenue and one of the world's most valuable companies. Imagine what a great opport...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                       Redmond’s Microsoft real estate market shows signs of slowingThis Week:The median list price this week in Redmond is $775,000 is unchanged from  last week’s $775,000.  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 DEMANDIn 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.  PRICEPrices in the Microsoft area of Redmond seem to have settled around a plateau.  Look for a persistent down-shift in the Market Action Index before we see pr...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                       Redmond’s Microsoft real estate market remains strongThis Week:The median list price this week in Redmond is $775,000 is up slightly from  last week’s.  $744,900.  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 DEMANDHome sales continue t 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.  PRICEPrices in the Microsoft area of Redmond seem to have settled around a plateau.  Look for a persistent down-shift in the Market Action Index before we see prices deviate from these lev...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                       Redmond’s Microsoft real estate market shows some signs of slight decrease in demandThis Week:The median list price this week in Redmond is $774,900 is down slightly from  last week’s.  $822,875.  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.  This home I listed (2/15/15) held  this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on listings in bidding wars. Home received 4 offers all with escalation clauses. Sale closed March 20 , 2015 for $530K $20K over list price. SUPPLY AND DEMANDWhile the Market Action Index shows some streng...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                  Redmond’s Microsoft real estate market still a  Seller’s market   This Week: The median list price this week in Redmond is $822,875 is down slightly from  last week’s.  $899,475.  The Market Action Index  (MAI see chart below) has been trending down recently, but as days-on-market decreases also, there are not strong signals for the direction of the market.     This home I listed (2/15/15) held  this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on listings in bidding wars. Home received 4 offers all with escalation clauses. Sale closed March 20 , 2015 for $530K $20K over list price.   SUPPLY AND DEMAND The market remains in a relative stasis in terms of sale...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                 Positive outlook continues for Redmond’s Microsoft real estate market   This Week: The median list price this week in Redmond is $899,475 down slightly from  last week’s.  $919,950.  Inventory has been lightening lately and Market Action Index  (MAI see chart below) has been trending up.  Though days-on-market is increasing, these are positive indications for the market.    This home I listed (2/15/15) held  this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on listings in bidding wars. Home received 4 offers all with escalation clauses. Sale closed March 20 , 2015 for $530K $20K over list price.   SUPPLY AND DEMAND Home sales continue to outstrip supply and t...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                               Positive near-term outlook for Redmond’s Microsoft real estate market   This Week: The median list price this week in Redmond is $919,950 up slightly from  last week’s.  $824,950.  The Market Action Index  (MAI see chart below) has been climbing lately while  days-on-market are trending down, these point to a positive near-term outlook for the market.     This home I listed (2/15/15) held  this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on listings in bidding wars. Home received 4 offers all with escalation clauses. Now pending.   SUPPLY AND DEMAND In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, ...
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