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English Hill – Sheffield Home For Sale – Remodeled 4 bedroom home on park-like lot in Redmond

tonymeier — Thu, 17 May 2012 22:10:51 +0000

Fantastic two story on private lot in sought after Sheffield on English Hill. The wonderful floor plan features 4 bedrooms, 2.5 baths, 2,820 s.f. with den. Wainscoting, white molding and six panel doors make for an elegant feel. Sunken formal living room with bay window and fireplace. Formal dining room (currently used as a siting room) with glass doors for privacy and bay windows overlooking the rear gardens. Private den located on main level with abundant maple cabinets and desk area. Updated kitchen with cherry cabinets, breakfast bar, granite countertops, black appliances and hardwood floors. The large dining area has a vaulted ceiling, abundant windows overlooking the gardens and French doors to deck. Spacious family room with cozy gas fireplace. Updated powder room finished in cherry and granite. Large master bedroom with bay window. The updated master bath has a double vanity, soaking tub, tile shower and a walk-in closet too! Two additional bedrooms are quite spacious. The 4th bedroom is bonus room sized with an additional large storage closet attached. The full bath in the hall has been updated with tile and brushed nickel. The 1/3 acre lot is like your own private park with lush gardens front and rear. The sunny, west facing rear yard has an entertainment sized Brazilian hardwood deck with built-in benches, big storage shed, stone patio and walkways. Two car attached garage with workshop area. Outstanding Northshore schools. Fantastic location with easy access to Microsoft, AT&T, freeways, shopping, downtown Redmond and Woodinville!

Tony Meier
English Hill’s Top Selling Broker Since 2007
Making Real Estate Easy, Fun & Profitable!
Serving Buyers, Sellers & Their Referrals Since 1989
Windermere Real Estate/NE
EnglishHillOnline.com – Covering all aspects of live on English Hill
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Western Washington housing market “energized” and showing signs of “definite turnaround”

tonymeier — Fri, 04 May 2012 00:31:47 +0000

KIRKLAND, Wash. (May 3, 2012) – Northwest Multiple Listing Service brokers reported double-digit gains in both pending and closed sales during April compared to a year ago, but the most eye-catching number may pertain to prices. For the first time in more than four years (since January 2008) the year-over-year change in selling prices was positive.

The price gain was a modest 1.27 percent for last month’s sales of single family homes and condominiums that closed in the 21 counties served by Northwest MLS. For single family homes (excluding condominiums) the price gain compared to 12 months ago was 2.9 percent. Condo prices fell 7.9 percent.

The median price for last month’s closed sales area-wide was $240,000 for single family homes and condominiums combined. That compares to $237,000 for year-ago sales. The figure for April also outgained the median price for completed transactions during the months of March ($225,000) and February ($218,944).

Prices for single family homes continued climbing. The median price for last month’s closed sales was $250,000, up from both a year ago ($242,950) and from March ($234,487).

While cheered by the figure that snapped a 50-month string of negative numbers for year-over-year price comparisons, Northwest MLS brokers said consumers must be realistic in their expectations. They also noted the market recovery will be slow and incremental.

“We’ve seen appreciation three months in a row, signaling a definitive turnaround in the market,” remarked OB Jacobi, president of Windermere Real Estate. “Due to the shortcomings in the Case-Shiller index I think it will take them until November to report year-over-year appreciation,” he added

. (The S&P/Case-Shiller Home Price Indices track changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.)

“As is fairly typical of a recovering market, the activity first heats up in the urban centers, and then spreads to the surrounding suburbs and outlining areas. We are now seeing this trend,” noted Jacobi, who is also a member of the Northwest MLS board of directors.

Tight inventory is creating sellers’ markets in some areas, according to reports from MLS directors. Inventory is down more than 27 percent for the Northwest MLS market overall, and by even larger margins in three counties: Snohomish (down 46.2 percent), King (down 39.4 percent), and Pierce (down 28.6 percent). Brokers say as demand outstrips supply, competition may intensify, especially for homes that are well-priced and in good condition in desirable locations.

Brokers added 9,166 new listings to inventory last month, which was 917 fewer listings than the same month a year ago. At month end, the selection totaled 25,291 active listings, a drop of 27.5 percent from a year ago according to the latest figures from Northwest MLS.

It is a seller’s market in Kitsap County, reported Northwest MLS director Frank Wilson, the branch managing broker at John L. Scott Real Estate in Poulsbo. Statistics show inventory there is down more than 13 percent compared with a year ago, pending sales jumped 39.3 percent and median prices increased more than 14 percent.

MLS members reported 8,790 pending sales across all 21 counties during April for a 22.9 percent increase from a year ago when there were 7,154 mutually accepted offers.

Talk of a seller’s market has to be tempered, Wilson emphasized, because “when sellers hear these words in the news they instantly think their homes are worth a lot more money….and they are not. Even if our home prices appreciated 2-to-3 percent a year – which they aren’t currently — it will take many years for homes to return to the values that we saw a few years ago,” he suggested.

Despite his cautionary words, Wilson was upbeat. “We continue to see an increase in activity across the board. More people at open houses, more listings coming on the market, more buyers making offers and more multiple offer situations on correctly priced and staged homes.”

While Kitsap County experienced an uptick in new listings in April compared to a year ago, 11 other counties reported drops. System-wide, based on current inventory and demand, there is less than a three month supply, about half the volume needed for a balanced market.

Inventory is considered by many industry observers to be a key indicator affecting the housing market. In a recent Bankrate.com interview about the market’s recovery, Stuart Gabriel, director of UCLA’s Ziman Center for Real Estate in Los Angeles, suggested zeroing in on inventory, which he called “the most important statistic.”

“The pent up demand of local home buyers who are now purchasing homes has ignited a surge of sales activity,” observed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. He said this surge is creating a shortage of inventory, causing multiple offer situations for many new properties coming on the market. “For homeowners who have equity, and have been cautiously waiting to sell, this ultimately means they can sell their home today and purchase within the same market timing,” Scott explained. Historically low interest rates are an added advantage, he added.

Northwest MLS director Meribeth Hutchings, designated broker/owner of Windermere Real Estate in Lake Stevens also commented on surging activity. She credits favorable interest rates and low inventory for spurring activity. “The demand for ‘good clean homes’ is extremely high,” she commented, noting, “Our primary buyer today is still the first time homebuyer.” Hutchings, who has more than 27 years of real estate experience, also suggests sellers who want to sell and have the equity should be placing their homes on the market now.

Also commenting on inventory and the lively market was MLS director Joe Spencer, area director for Keller Williams Northwest Region.

“As Yogi Berra said, ‘It’s like déjà vu all over again’ as the Puget Sound real estate market continues trending in the same positive direction for the fourth month in a row,” Spencer remarked. With new and available inventory in a diminished state, he said there’s been a strong increase in buyer activity. “Low interest rates continue to energize buyers, while for sellers, prices in the Puget Sound are stable and up in areas close to job centers,” according to Spencer.

Darin Stenvers, office managing broker at John L. Scott in Bellingham believes the housing industry is recovering on its own, citing double-digit decreases in inventory for the past several months and a corresponding rise in pending sales as key indicators.

“It’s a slow process, but I expect it will continue for the balance of 2012 and through 2013,” Stenvers stated, noting he anticipates a return to home value appreciations in most markets by mid-2013. He also predicts consumer confidence will hold interest rates down through the fall elections and well into 2013.

“Consumers are bothered by the lack of inventory and are ready to make sure that they do not miss out on what may be the leveling off of the declining market values,” Stenvers stated. Buyers who were expecting to have offers accepted that are well below market value “are beginning to express frustrations” that this is no longer occurring, he added. “As prices stabilize and inventories drop many buyers will feel the chance at home ownership at bargain prices slipping from their grip,” the MLS director observed.

Northwest Multiple Listing Service, owned by its member real estate firms, is the largest full-service MLS in the Northwest. Its membership includes more than 22,000 real estate brokers. The organization, based in Kirkland, Wash., currently serves 21 counties in Washington state.

Redmond Garden Club’s Annual Sale May 12th 2012

tonymeier — Mon, 30 Apr 2012 23:32:01 +0000

The Redmond Garden Club will be having their annual sale May 12th from 8am to 3pm.

The sale will be located at 17817 NE 131st Street, Redmond, 98052.
Follow the signs along NE 124th/NE 128th, Avondale Road, or Redmond-Woodinville Road
All kinds of greenery and goodies including: Perennials Annuals, Vegetable Starts, Shrubs, Crafts, Planters plus garden related yard sale items and much more
Come early for the best selection!

Rosewood home for sale on English Hill! Great 4 bedroom, 3.5 bath two story home with lots of updates!

tonymeier — Fri, 20 Apr 2012 22:58:28 +0000

Rosewood on English Hill in Redmond $465,000
View the property website here:

17112 NE 131st Pl, Redmond

Wonderfully updated home in Rosewood on English Hill. The light filled 2480 s.f. floorplan features 4 bedrooms, 3.5 baths on a sunny, 9,230 s.f. lot. The home has a very elegant feel with abundant hardwood floors, chair rail and crown molding! The gracious two story entry welcomes you in. Formal living room with big windows and cozy fireplace. Formal dining room overlooks the rear yard. Updated kitchen with breakfast bar, ample cherry cabinets, solid surface counters and newer appliances included! The nook and family room are filled with light and have a cozy brick fireplace. Updated powder room on the main floor for your guests. The huge master suite is your own private retreat! Vaulted ceilings, hardwood floors, sitting area and a walk-in-closet too! The sumptuous master bath has a steam shower, heated towel rack, large double vanity and a jetted tub – all finished in granite and ceramic tile. Three additional bedrooms are very spacious, one is bonus room sized… with vaulted ceilings and ceiling fans. There are two full baths in the hall – finish in tile! Big, entertainment sized flag stone patio overlooks the private rear yard. Large lawn provides room for play or soaking up the sun! Ample garden beds & lush plantings will satisfy any gardener. The lot backs to greenbelt which makes it feel very large and provides added privacy. Attached two car garage with storage area accessible to the rear yard. Outstanding Northshore schools - Sunrise Elementary, Timbercrest Jr High & Woodinville High.

King County Real Estate Market Heats Up! – Your chances of sale haven’t been this great since 2006!

tonymeier — Fri, 06 Apr 2012 00:35:59 +0000

NWMLS April 5th, 2012

“Buyer Ready” Home Shoppers Have Edge as Brokers Report Rise in Multiple Offers

KIRKLAND, Wash. (April 5, 2012) – The housing market in the Puget Sound region is pointing toward a sustainable recovery, according to several brokers who commented on the March activity report from Northwest Multiple Listing Service.

MLS Members reported 9,126 pending sales during March, a year-over-year increase of nearly 21 percent. That total surpassed the previous month by 1,503 transactions (up 19.7 percent). Coupled with shrinking inventory, attractive financing, and rising consumer confidence, the market is becoming more balanced, and even being described by some brokers as “frenzied.” Other brokers commented on the “remarkable opportunities for investing in the residential rental market.”

Brokers added 8,170 new listings last month — nearly 1,000 fewer than the number of pending sales, and about 1,100 fewer new listings than the same month a year ago. With those additions, the number of active listings at month end totaled 24,883 across the 21 counties in the Northwest MLS service area. Compared to a year ago, inventory is down 25.6 percent.

“Buyers are screaming for more inventory and they’re being more aggressive with presenting offers on homes,” reported MLS director George Moorhead, branch manager at Bentley Properties in Bothell. Home shoppers perceive the bottom is nearing, he noted, “and both buyers and sellers want to catch the historically low interest rates.” Area-wide, he said bank-owned home sales are increasing. “The lagging inventory is actually helping prices stabilize, which we hope will have a positive impact on the real estate market as the year progresses,” he added.

“Close to the job centers, 45 percent of new listings are selling within a single month. We are seeing a frenzied market in the Puget Sound region, especially in the more affordable and mid-price ranges, with an increase in sales activity in the high end,” remarked J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. “Because of the shortage of homes for sale, combined with the sales surge being driven by job growth and historically low interest rates, if you are not ‘buyer ready’ you may not get a house in today’s market,” he added.

Northwest MLS brokers reported 5,044 closed sales last month, improving on the year-ago total by nearly 10 percent. The overall median price on last month’s completed transactions was $225,000, which reflects a decrease of 7.4 percent from the year-ago median sales price of $242,925.

Noting stabilizing prices are “forcing buyers to make offers that reflect a more balanced market,” Northwest MLS director Darin Stenvers said house-hunters have taken note of rising rents, fewer choices and increasing fuel costs. The trends are not universal, he acknowledged, but certainly reflect a higher buying confidence level and even a small uptick in new construction. “I’m seeing new home starts in areas that had been at a standstill for years,” reported Stenvers, the office managing broker at John L. Scott in Bellingham.

Multiple offers are occurring with regularity in some neighborhoods according to Northwest MLS directors. “The housing market in Seattle’s close-in neighborhoods began to show signs of buyer panic in February but reached a breaking point in March,” reported Mike Skahen, owner and designated broker of Lake & Co. Real Estate in Seattle. “I haven’t seen buyers this motivated since 2006 and in my opinion, prices on good houses have recovered at least 10 percent of their value since the low point a year ago,” he added.

Skahen said a small Ballard home listed for around $370,000 recently drew five offers and sold for considerably more than the list price. “It’s becoming common for multiple offers on most houses, especially those priced under $400,000 where the selection is very limited,” he observed.

“Now that buyers can track new listings online they are aware of how quickly most listings are selling and fear they’ve missed catching the bottom of the market. They realize continuing to wait would be a mistake,” Skahen commented.

Diedre Haines, another Northwest MLS director, said pending sales in Snohomish County, which jumped 21 percent, would have been “considerably greater were it not for the buyer competition due to the magnitude of multiple offer situations.” She said they are seeing the return of price escalator forms, pre- inspections, set dates for sellers to review offers and properties selling above list price,” according to Haines, the regional managing broker at Coldwell Banker Bain in Lynnwood. “Prices are not increasing dramatically but those properties that are listed and priced correctly, especially in the $300,000 and below range, are selling within days of coming on market,” she noted.

Haines also said they are seeing multiple offer situations in the higher priced market “but not as many over list price sales.” She reported the demand ratio in Snohomish County, based on a recent analysis, “is at the highest levels we have experienced since 2006.” She also noted the report showed there are two buyers for every current home on market in Snohomish County.

A similar scenario exists in Kitsap County. “Inventory is down by 11 percent, buyers making offers are up almost 34 percent, multiple offer situations are on the rise, and more people are coming by our open houses,” reported Frank Wilson, branch managing director at John L. Scott’s office in Poulsbo. “While the median price in Kitsap is down by 5 percent it is only a matter of time before prices stabilize,” he believes.

The optimism comes with a cautionary note. “It is still extremely important for sellers to price their property correctly,” Haines emphasized. Even with high demand, homes that are priced above comparable properties are not receiving offers, she explained, adding, “We are seeing very positive signs of a continuing recovery but buyers are well educated regarding values and pricing. Sellers should not expect huge increases in values and need to price their properties accordingly and realistically.”

The uptick in activity is attracting not only first-time and move-up buyers, but also investors, according to industry experts.

“Rental demand is surging, interest rates are at historic lows, and recent economic activity has erased nearly a decade of appreciation,” reported MLS director OB Jacobi, president of Windermere Real Estate.. He believes the combination of these three factors has created “remarkable opportunities for investing in the residential rental market,” explain “The long-term financial benefits can be significant, but the first step is to closely analyze the details with your real estate agent.”

Another MLS director was equally upbeat. “The market in the Puget Sound region is showing optimistic signs of not only stabilization, but turning point towards a sustainable recovery,” said Joe Spencer, area director for Keller Williams Northwest Region. He suggested the cause is “simply the growing imbalance of supply and demand, which has resulted in the lowest inventory levels since 2006. This doesn’t mean that we’re out of the dark yet,” he acknowledged, adding, “However, I wouldn’t be surprised to see modest appreciation, especially close to job centers, in the latter half of 2012 or early 2013.”

Statistical Summary by Counties:Market Activity Summary – March 2012 Single Fam. Homes + Condos			LISTINGS				PENDING SALES				CLOSED SALES
New Listings		Total Active			# Pending Sales		# Closings		Avg. Price			Median Price
King	3,415			6,700		3,878		2,082		$379,213			$295,000
Snohomish	1,210			2,617		1,665		828		$250,191			$228,500
Pierce	1,260			3,788		1,439		803		$193,570			$175,000
Kitsap	418			1,400		404		217		$287,581			$217,500
Mason	131			628		85		58		$148,478			$151,600
Skagit	192			787		154		106		$269,702			$209,995
Grays Harbor	176			735		98		75		$99,161			$89,000
Lewis	92			611		77		45		$145,508			$118,599
Cowlitz	132			494		91		58		$131,539			$125,950
Grant	99			505		57		37		$155,017			$150,000
Thurston	409			1,299		386		219		$215,571			$212,000
San Juan	35			343		28		12		$336,958			$281,750
Island	176			746		135		71		$282,122			$220,000
Kittitas	78			397		45		26		$319,248			$194,450
Jefferson	92			453		37		27		$238,215			$222,500
Okanogan	38			316		27		20		$133,808			$122,750
Whatcom	364			1,285		280		186		$271,838			$235,000
Clark	46			252		56		38		$209,392			$183,550
Pacific	86			376		30		28		$117,175			$107,500
Ferry	7			61		5		2		$67,250			$67,250
Clallam	81			379		43		31		$297,620			$167,500
Others	173			711		106		75		$150,328			$134,900
MLS TOTAL	8,710			24,883		9,126		5,044		$268,957			$225,000

2012 English Hill Spring Parade and Egg Hunt

tonymeier — Wed, 28 Mar 2012 01:03:56 +0000

More news that the Western Washington Real Estate Market is improving!

tonymeier — Fri, 09 Mar 2012 17:58:46 +0000

From the Northwest Multiple Listing Service:

FOR IMMEDIATE RELEASE: March 5, 2012

Washington homebuyers realizing “market may have reached bottom of cycle”

KIRKLAND, Wash. (March 5, 2012) – With spring on the horizon and consumer confidence on the rise, members of Northwest Multiple Listing Service are reporting positive gains in activity. Pending sales for February increased more than 27 percent from a year ago, more sellers are listing their homes, and brokers are reporting an uptick in multiple offers.

“Buyers are beginning to realize that we may have seen the bottom of this real estate market,” remarked Frank Wilson, branch managing broker at John L. Scott Real Estate in Poulsbo and a member of the Northwest MLS board of directors. “Waiting to buy may only result in paying a higher interest rate, having fewer houses to choose from, or finding that sellers do not need to give up as much as they have in the past,” he added.

Brokers reported 7,623 pending sales during February, the highest volume since August when they notched 7,632 mutually accepted offers. Last month’s tally jumped 27.4 percent from twelve months ago, with 20 of the 21 counties in the MLS service area reporting double-digit gains.

Within King County, pending sales were particularly robust in the Lake Forest Park/Kenmore neighborhoods (up 73 percent), Kent (up 61 percent), Burien/Normandy Park (up 58 percent) and central Seattle (up 56 percent). The northeast portion of Snohomish County also experienced strong sales (up 63 percent from a year ago).

“The only thing tempering this from being a hot, thriving market are the short sales and foreclosed properties which represent about one-third of the transactions,” Wilson commented.

J. Lennox Scott, CEO and chairman of John L. Scott Real Estate, said the combination of job growth and historic low interest rates is creating a seller’s market through the mid-price ranges and contributing to surging activity close to job centers. “It’s a special moment in time in real estate history,” he observed, adding “We have a backlog of qualified buyers looking for homes to purchase.”

Buyers have fewer homes to consider compared to a year ago, with inventory down 22.5 percent area-wide. At month end, there were 25,510 active listings in the Northwest MLS database; a year ago, there were 32,922 homes and condos listed for sale.
The selection compared to twelve months ago is down sharply in both King County (off 32.3 percent) and Snohomish County (down 38.2 percent). Measured by months of supply, Snohomish has about 2.1 months while King is slightly better at 2.3 months. (Five to six months of supply is considered to be a balanced market, with less than that presumed to be a seller’s market.)

Northwest MLS brokers added 7,390 new listings to inventory during February, about 400 fewer than the same month a year ago.

Asking prices are comparable to a year ago. System-wide, the median asking price for the current inventory of single family homes and condominiums is $249,900, about $5,000 below the year-ago median figure of $254,950 (down 1.98 percent). Six counties (Ferry, Grant, King, Mason, Snohomish, and Whatcom) reported higher median listing prices in February than 12 months ago.

Northwest MLS members reported 3,846 closed sales last month, up about 25 percent from the year-ago total of 3,080 completed transactions.

Selling prices continued to slip, but the decline was under 9 percent for the first time in nearly a year. The area-wide median price for last month’s closed sales of single family homes and condominiums (combined) was $218,944, down about 8.8 percent from the year-ago figure of $240,000.

For single family homes only (excluding condominiums), prices were down about 7.7 percent from a year ago. Last month’s closed sales fetched a median sales price of $229,000, which compares to the year-ago price of $248,000. Five counties (Clallam Ferry, Grant, Lewis and San Juan) reported year-over-year price increases.

Commenting on the market around Kitsap County, where prices dipped nearly 11 percent, Wilson said he expects prices to “stabilize and even reverse as we move further into 2012.” With 4.3 months of supply in that county, he believes the market is tilting toward sellers. “We continue to see more multiple offer situations on homes that come on the market correctly priced,” he stated.

Wilson also pointed to recently released consumer confidence numbers as a positive indicator. He noted The Conference Board Consumer Confidence Index posted sizeable improvements in February, approaching levels last seen a year ago.

In a statement accompanying the latest report, Lynn Franco, director of The Conference Board Consumer Research Center, said consumers were more optimistic about the short-term outlook than they were a month ago. “Consumers are considerably less pessimistic about current business and labor market conditions than they were in January. And, despite further increases in gas prices, they are more optimistic about the short-term outlook for the economy, job prospects, and their financial situation,” she declared.

Nationally, the overall direction for the housing market is positive, according to analysts with the National Association of Realtors (NAR). Its latest figures show the past few months of contract activity are the highest in more than four years outside of the home buyer tax credit impact. In comments accompanying the latest figures, NAR suggested the market isn’t as strong as it could be because of overly restrictive lending standards and contract cancellations due in part to appraised values coming in below a negotiated price.

Statistical Summary by Counties: Market Activity Summary – Feb. 2011

Single Family Homes + Condos	LISTINGS		PENDING SALES	CLOSED SALES
Single Family Homes + Condos	New Listings	Total Active	# Pending Sales	# Closings	Avg. Price	Median Price
King	2832	7048	3123	1574	$340,826	$275,000
Snohomish	1126	2925	1391	698	$236,694	$220,000
Pierce	1152	4018	1234	636	$193,209	$169,450
Kitsap	368	1397	321	170	$265,910	$225,400
Mason	119	601	63	36	$134,536	$95,800
Skagit	147	799	153	64	$193,386	$169,000
Grays Harbor	125	701	100	41	$117,875	$108,000
Lewis	95	620	74	37	$126,450	$113,000
Cowlitz	100	476	78	36	$136,528	$142,400
Grant	98	481	65	30	$184,930	$171,750
Thurston	353	1307	345	154	$225,913	$211,500
San Juan	36	341	17	10	$656,300	$443,500
Island	131	735	108	53	$228,611	$220,000
Kittitas	54	389	43	26	$177,514	$157,450
Jefferson	62	425	35	25	$227,343	$203,500
Okanogan	26	318	25	13	$160,335	$140,000
Whatcom	265	1232	250	128	$235,645	$218,750
Clark	52	237	56	17	$149,833	$133,000
Pacific	52	337	32	12	$129,124	$92,500
Ferry	3	58	0	2	$70,500	$70,500
Clallam	64	364	31	27	$195,993	$184,000
Others	130	701	79	57	$184,417	$165,000
MLS TOTAL	7,390	25,510	7,623	3,846	$265,993	$218,944

4-County Puget Sound Region Pending Sales (SFH + Condo combined) (Totals include King, Snohomish, Pierce & Kitsap counties)

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2000	3706	4778	5903	5116	5490	5079	4928	5432	4569	4675	4126	3166
2001	4334	5056	5722	5399	5631	5568	5434	5544	4040	4387	4155	3430
2002	4293	4735	5569	5436	6131	5212	5525	6215	5394	5777	4966	4153
2003	4746	5290	6889	6837	7148	7202	7673	7135	6698	6552	4904	4454
2004	4521	6284	8073	7910	7888	8186	7583	7464	6984	6761	6228	5195
2005	5426	6833	8801	8420	8610	8896	8207	8784	7561	7157	6188	4837
2006	5275	6032	8174	7651	8411	8094	7121	7692	6216	6403	5292	4346
2007	4869	6239	7192	6974	7311	6876	6371	5580	4153	4447	3896	2975
2008	3291	4167	4520	4624	4526	4765	4580	4584	4445	3346	2841	2432
2009	3250	3407	4262	5372	5498	5963	5551	5764	5825	5702	3829	3440
2010	4381	5211	6821	7368	4058	4239	4306	4520	4350	4376	3938	3474
2011	4272	4767	6049	5732	5963	5868	5657	5944	5299	5384	4814	4197
2012	4921	6069

Has the King County Real Estate Market turned a corner? If you look at Supply vs. Demand, the answer is YES!

tonymeier — Fri, 09 Mar 2012 01:00:42 +0000

Inventory is way down from our peak levels!
In 2008 there were nearly 16,000 homes for sale in King County, now we have less than half that!

Inventory is absorbing at levels we have not seen since the market correction began! Absorption levels in mid-30’s would typically mean the median price is on the rise.

So what does this mean to you and your referrals?

Sellers: If you have been waiting to sell until the market changes… well the market has changed! We have unseasonably low inventory… which should make the sale of your home right now an easier and more profitable event then in recent years.

Buyers: If you have been waiting until the bottom to buy a new home… don’t wait any longer! We won’t officially know the bottom until it is long gone! However, given the information at hand, the peak inventory and resulting downward pressure has left the market. Interest rates remain tremendously low and real estate is still on SALE. Don’t let this opportunity to buy when the market is at its lowest pass you by!

Call me today to discuss taking advantage of the current market.
Tony Meier @ 425-466-1000

SOLD! English Hill Home For Sale – Remodeled Home in Sunrise on English Hill in Redmond

tonymeier — Thu, 02 Feb 2012 01:41:30 +0000

17401 NE 138th St, Redmond – Listed for $449,000

Remodeled home in Sunrise on English Hill. The light filled floorplan features 2520 s.f., 4 bedrooms, 2.75 baths, plus a den on a sunny 9,485 s.f corner lot with southern exposure in the back yard! Many recent updates throughout the home include – remodeled kitchen & baths including new maple cabinets & slab granite counters, vinyl windows, carpet, paint, white millwork & six panel doors! Formal living room with vaulted ceiling, fireplace & slider to the sunny deck. Formal dining room with garden views! Big kitchen with vaulted ceiling, hardwood floors, ample maple cabinets, granite counters & stainless appliances – attached breakfast nook & pantry too! The oversized family room has a fireplace and a slider to the stamped concrete patio. Adjacent to the family room is a large, private den with double closets (could be great for guests) and a remodeled full bath. The spacious master suite overlooks the rear yard and has a remodeled 3/4 bath. Three additional bedrooms upstairs are very spacious. The full bath in the hall has also been updated! Laundry room with extra storage – washer & dryer included! The entertainment sized, ironwood deck overlooks the private, south facing rear yard. There is a lawn for play, garden beds and a clearing ready for a child’s play structure. There’s a large storage shed too! Attached two car garage. The English Hill HOA has several acres of open space, walking trails & basketball court for your enjoyment. Outstanding Northshore schools – Sunrise Elementary, Timbercrest Jr High & Woodinville High.

The Sunrise “Spirit of Dreams” Auction is coming March 9th 2012!

tonymeier — Fri, 27 Jan 2012 00:31:48 +0000

The 2012 Sunrise PTA Auction is less than 2 months away and the excitement is building. All families should have received their invitations. Please remember to return your RSVP by mail or drop it in the PTA box in the Sunrise office, along with your check, by February 1^st 2012.

If you have not received an invitation, please contact Jen Guadagno @ jen@guadagno.com or Norman Guadagno @ norman@thinktone.com for help.

We are limited to 200 attendees, so make sure you respond quickly. If you want to take advantage of childcare at Sunrise provided by The Y on auction night, make sure you indicate that on the RSVP card.

Please visit The Spirit of Dreams website at http://www.sunriseauction.org for the latest updates and remember to return your RSVP cards by February 1. We look forward to seeing everyone at The Hollywood Schoolhouse on March 9th!