You can always find real-time traffic information online or by dialing 5-1-1. To learn more about what WSDOT is doing, go to wsdot.wa.gov/news for pictures videos, news and blogs.
SR 522 in Bothell gets a new traffic signal If you’re headed through Bothell on SR 522, be prepared to slow down and stop. Crews recently installed a new traffic signal at the intersection of SR 522 and Woodinville Drive. The new light is the latest safety improvement in the $50 million SR 522 UW Bothell/Cascadia Community College campus access project. In fall 2009, crews will reprogram the signal and open the roadway to the new south entrance of the UW Bothell/Cascadia Community College campus. For more information visit the project Web page at http://www.wsdot.wa.gov/Projects/SR522/UW/.
Sound Transit seeks comments on light rail to the Eastside The Eastside is one step closer to finding out where its light rail line will run in the future. On Dec. 12, Sound Transit, along with the Federal Transit Administration and WSDOT released the draft environmental impact statement (EIS) for East Link, which would bring light rail to the Eastside via I-90. They are evaluating the benefits and impacts of potential light rail routes from downtown Seattle to the Eastside via I-90 with stations serving Seattle, Mercer Island, south Bellevue, downtown Bellevue and the Bel-Red/Overlake area. The EIS also examines potential routes to downtown Redmond that could be built as part of a future expansion. Sound Transit wants to hear feedback on the study and has kicked off a 75-day public comment period. Five public hearings are planned in Redmond, Seattle, Mercer Island and Bellevue so people can comment on the draft EIS. The public review and comment period will continue through Feb. 25 and will help the Sound Transit Board identify a preferred East Link route. The draft EIS analyzes the potential impacts of the different routes and identifies ways to minimize adverse impacts. The preferred route will be described in the final environmental impact statement which is expected to be completed in 2010. For more information on the East Link project, a list of the upcoming public hearings and how to comment, visit Sound Transit’s Web page at http://www.soundtransit.org/x3245.xml#comment.
New bridge on I-405 open to traffic, bottleneck relief is next Last week WSDOT unveiled a new southbound I-405 freeway bridge over I-90. Early next year, they'll open a new northbound I-405 lane and an improved on-ramp. Two lanes of traffic have already shifted to the new 900-foot-long bridge. The carpool lane will remain on the existing southbound bridge. Splitting the lanes over the two bridges creates a work zone so crews can put the finishing touches on the transitions between the bridge and the roadway. In a few months the carpool lane will join the other lanes on the new bridge. Early next year, they’ll open a new northbound lane on I-405 from 112th Ave SE to I-90 easing a major chokepoint commuters have experienced for years as they travel north toward Bellevue. Carpoolers and bus riders will also benefit from improvements on the 112th Ave SE on-ramp to northbound I-405. The new on-ramp features a ramp meter and carpool bypass lane that will improve traffic flow on the freeway. For more information on this project, please visit the project Web site at http://www.wsdot.wa.gov/Projects/i405/112thAvetoSE8th/.
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers
Wednesday, December 31, 2008
Tuesday, December 30, 2008
The Real Reason Behind the Economic Crisis
This past year has been unlike any other. The crisis in the financial markets seems to be the top story on every news channel. But many of the reporters don't understand what really happened...and what may happen next. I'm pleased to share with you a short video that was given to me by L'Tanya Terrell Jones. She is a lender with Windermere Mortgage Services in Auburn and can be reached via telephone at 206-686-5857 or via e-mail at ltjones@windermere.com.
The video was created to put an end to the confusion once and for all! In the video, Barry Habib, Founder of the Mortgage Market Guide and Chairman of the Board for Mortgage Success Source, explains in layman's terms exactly what caused the current financial crisis - and what to be watching for in the near future.
Please take a moment to view the video by clicking on the link below. It will open your eyes to what very few "experts" truly understand.
http://www.mortgagesuccesssource.com/go/markmarket/
And as your trusted advisor, I'm committed to doing whatever I can to help you understand what the current economic situation means for you going forward in 2009.
Please feel free to contact me if I can be of any assistance to you!
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi/
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
The video was created to put an end to the confusion once and for all! In the video, Barry Habib, Founder of the Mortgage Market Guide and Chairman of the Board for Mortgage Success Source, explains in layman's terms exactly what caused the current financial crisis - and what to be watching for in the near future.
Please take a moment to view the video by clicking on the link below. It will open your eyes to what very few "experts" truly understand.
http://www.mortgagesuccesssource.com/go/markmarket/
And as your trusted advisor, I'm committed to doing whatever I can to help you understand what the current economic situation means for you going forward in 2009.
Please feel free to contact me if I can be of any assistance to you!
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi/
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Monday, December 29, 2008
Price Reduced on Townhome in Issaquah with 2 Master Suites!
372 Shangri La Way NW Issaquah, WA 98027New Price: $338,818
Bedrooms: 2
Bathrooms: 2.5
Year Built: 2003
MLS: 28079287
Contemporary finishes & elegant details lead you through airy and open rooms flooded with natural light. Gaze out your expansive windows at the timbered mountains and lush woodlands. Create a meal to remember in your stylish kitchen, take advantage of high-speed Internet access or spend a cozy evening curled up in front of your fireplace with a good book. Your home is complete with dual walk-in closets, vaulted ceilings throughout, an oversized soaking tub and a wide two car tandem garage.
For More Information Visit: http://www.davidjedwards.com/23614.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=23614
Driving Directions: From I-90, Take Exit 15. Head South on SR 900. Turn right onto Talus
Drive. Turn right onto Shangri La Way NW. Home is on right.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Monday, December 22, 2008
Price Reduced on 2 Bedroom Condo in Tukwila with views of Mount Rainier!
15310 Macadam Rd South Road S, #A202 Tukwila, WA, 98188
New Price: $224,818
Bedrooms: 2
Bathrooms: 2
Square Feet: 1,192
Year Built: 1997
MLS: 28034724
This beautiful condominium boasts an incredible balcony with wrap around views of Mt Rainier & the valley. You'll love the nine foot ceilings & oversized kitchen with its abundant counter space & breakfast nook. The spacious master bedroom features a bathroom ensuite, exceptional closet space & balcony access. You'll enjoy controlled access to the building, a private courtyard, elevators & a covered garage where you'll find two assigned parking spaces. This condo has easy access to I5 & I405.
For More Information Visit: http://www.davidjedwards.com/20483.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=20483
Driving Directions: From I5, Take the Southcenter Exit. Head East on Southcenter Blvd. Left on Macadam Rd. Visitor parking is on the right in front of the building. Follow instructions in key box to find specific unit.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Tuesday, December 16, 2008
Mortgage Market Update
Bonds and home loan rates spent last week testing their previous best levels of 2008, and finally rallied on Friday to reach their best levels not just of 2008 but of the last five years. Stocks, meanwhile, were under pressure throughout the week waiting to see whether Congress would approve emergency loans for GM and Chrysler. While the House of Representatives approved the measure Wednesday evening, the Senate rejected the $14 billion bailout for the US automakers on Thursday evening, citing a lack of wage concessions by the United Auto Workers (UAW). Friday, the White House announced that the government may be willing to use Troubled Assets Relief Program (TARP) funds to prevent an immediate collapse of the auto industry. One thing we can be sure of in this matter is that the volatility for both Stocks and Bonds will continue while this issue remains unresolved.
There were other important happenings in Washington to note last week. Five members of the House Financial Services Committee are sponsoring a bill that would force the SEC to reinstate the uptick rule. The uptick rule is a former rule established by the SEC that requires every short sale transaction to be entered at a price that is higher than the price of the previous trade. So what would the reinstatement of the uptick rule mean for Bonds and home loan rates? The reinstatement of the uptick rule would do a lot to quiet the excessive volatility in both Stocks and Bonds.
In other important news to note last week, the Retail Sales report for November showed that retail sales fell for a fifth straight month. Meanwhile, Initial Jobless Claims reached their highest level in 26 years. Both of these reports are indicative of the current economic climate, and given the events of the week in Washington, they had minimal impact on Bonds and home loan rates.
As mentioned above, Bonds and home loan rates rallied Friday afternoon to reach their best levels of the year. As a result, they ended the week .25 percent better than where they began. There may be an opportunity for you to reduce your home loan payments, feel free to contact me so I can refer you to a qualified lender.
Tuesday will be a big day this week as more news from Washington may rock the markets. First, the Fed will be holding another regularly scheduled meeting of the Federal Open Market Committee (FOMC). Look for the Fed to cut the Fed Funds rate (the rate for overnight loans between banks) by a half point, to 0.50 percent. While a cut by the Fed often causes home loan rates to rise (because a Fed cut can lead to inflation, which is the arch enemy of Bonds and home loan rates), the deflationary environment we are currently in may prevent home loan rates from worsening. Another event to note on Tuesday is the release of November's Consumer Price Index (CPI) Report. This widely watched inflation indicator tells us how much more expensive goods and services are this month over last month, and with recent concerns on deflation - this will be an important report to watch.
Bonds and home loan rates ended the week at their best levels of this year and in over five years. Let me know if you want some more information about how you can take advantage of the current situation.
There were other important happenings in Washington to note last week. Five members of the House Financial Services Committee are sponsoring a bill that would force the SEC to reinstate the uptick rule. The uptick rule is a former rule established by the SEC that requires every short sale transaction to be entered at a price that is higher than the price of the previous trade. So what would the reinstatement of the uptick rule mean for Bonds and home loan rates? The reinstatement of the uptick rule would do a lot to quiet the excessive volatility in both Stocks and Bonds.
In other important news to note last week, the Retail Sales report for November showed that retail sales fell for a fifth straight month. Meanwhile, Initial Jobless Claims reached their highest level in 26 years. Both of these reports are indicative of the current economic climate, and given the events of the week in Washington, they had minimal impact on Bonds and home loan rates.
As mentioned above, Bonds and home loan rates rallied Friday afternoon to reach their best levels of the year. As a result, they ended the week .25 percent better than where they began. There may be an opportunity for you to reduce your home loan payments, feel free to contact me so I can refer you to a qualified lender.
Tuesday will be a big day this week as more news from Washington may rock the markets. First, the Fed will be holding another regularly scheduled meeting of the Federal Open Market Committee (FOMC). Look for the Fed to cut the Fed Funds rate (the rate for overnight loans between banks) by a half point, to 0.50 percent. While a cut by the Fed often causes home loan rates to rise (because a Fed cut can lead to inflation, which is the arch enemy of Bonds and home loan rates), the deflationary environment we are currently in may prevent home loan rates from worsening. Another event to note on Tuesday is the release of November's Consumer Price Index (CPI) Report. This widely watched inflation indicator tells us how much more expensive goods and services are this month over last month, and with recent concerns on deflation - this will be an important report to watch.
Bonds and home loan rates ended the week at their best levels of this year and in over five years. Let me know if you want some more information about how you can take advantage of the current situation.
Friday, December 5, 2008
Price Reduced! 3 Bedroom, 1 Bathroom Single Family Home in Buckley
253 N 3rd St Buckley WA 98321
New Price: $209,818
Bedrooms: 3
Bathrooms: 1
Year Built: 1972
MLS: 28182481
This Home Is Move-In-Ready & Features A Large Kitchen With Dinette Area That Leads Out To A Patio & Private Yard Complete With A Fire Pit And A Full Fence. This Home's Interior Has Been Freshly Painted & Upgraded With New Carpet & Laminate Flooring. The Home Boasts 3 Bedrooms, 1 Bathroom And A Fireplace That Will Keep You Warm On Cold Winter Nights. Owner Financing Is Available!
For More Information Visit: http://www.davidjedwards.com/30111.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30111
Driving Directions: From Hwy 410, Left onto S 3rd St. End at 253 N 3rd St.
If you would like to preview this home, please contact me to arrange for a private showing.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Price Reduced! 4 Bedroom, 2.5 Bathroom Single Family Home with Lake Sammamish Beach Rights
19117 SE 43rd Street, Issaquah, WA, 98027
New Price: 674,950
Bedrooms: 4
Bathrooms: 2.5
Year Built: 1982
MLS: 28183038
Boasting Waterfront beach rights, a private three acre community park with open space, tennis courts and a jungle gym, this home has it all! This elegant property sits on a quiet street in the established neighborhood of South Cove. It's been upgraded with custom paint, a wine refrigerator and a barbecue gas line on a patio that overlooks a large fully landscaped private yard. There is a gas-ignited-wood-burning fireplace in the family room and a steam shower in the master suite. You'll love the new carpet, granite counters, surround sound speaker system, access to freeways and the Issaquah schools.
For More Information Visit: http://www.davidjedwards.com/30163.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30163
Open House: December 14th, 2008 from 1:00 to 4:00 PM
Open House: December 14th, 2008 from 1:00 to 4:00 PM
Driving Directions: From I-90, Take Exit 13, Take the ramp toward W. Lake Sammamish PKWY SE, Turn RIGHT on W LK Sammamish, Left on 188th Ave, Right on SE 42nd PL, 42nd PL becomes 191st, 191st becomes SE 43rd St.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Thursday, December 4, 2008
Just Sold! 2 Bedroom, 2 Bathroom Condo at Renton Ridge in Renton
Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Listings, New Listings, Renton, Market
975 Aberdeen Ave NE #C106, Renton, WA, 98056
Price: $175,000
Bedrooms: 2
Bathrooms: 2
Year Built: 1990
Square Feet: 870
MLS: 28129835
This home has beautiful hardwood floors, a fireplace, new paint & new lighting. The master has a walk through closet & bath ensuite. The large dining area & open concept kitchen is complete with breakfast bar. All appliances stay. This is the only condo in the community with a private entry & large front patio. The cabana is complete with a kitchen & exercise room. It overlooks a pool & hot tub. There is also a covered picnic area, children's playgound, sports court & dog park.
For More Information Visit: http://www.davidjedwards.com/26352.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=26352
This home is no longer available. However, if you would like to preview homes similiar to this, please contact me to arrange for a free buyer's consultation.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Just Sold! 3 Bedroom, 2 Bathroom Single Family Home in Kent!
12424 Southeast 202nd Pl, Kent, WA, 98031
Price: $226,742
Bedrooms: 3
Bathrooms: 2
Year Built: 1973
Square Feet: 1060
MLS: 28166269
This Home Is Move-In-Ready & Features A Large Kitchen With Dinette Area That Leads Out To A Deck & Private Yard Complete With Mature Landscaping, A Full Fence & A Jungle Gym. This Home’s Interior Has Been Freshly Painted & Upgraded With New Carpet & Laminate Flooring. There Are 3 Bedrooms, 1.75 Bathrooms & An Oversized 2 Car Garage That Has Plenty Of Extra Space For Storage & A Shop. The Master Bedroom Has A Large Closet & Bath Of Its Own. The Fireplace Will Keep You Cozy On Cold Winter Nights.
If you would like to preview homes similiar to this, please contact me to arrange for a free buyer’s consultation.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Just Sold! 1 Bedroom, 1 Bathroom Condo in Renton!
Posted by David Edwards under For Buyers, Regional - West, Listings, Renton, Prices
801 Rainier Ave NE, #G334, Renton WA 98057
Price: $156,818
Bedrooms: 1
Bathrooms: 1
Year Built: 1998
Square Feet: 680
MLS: 27191233
Come home to your meticulously maintained, top floor condo & relax as you take in the unobstructed greenbelt view. All appliances stay.
The complex is a beautifully landscaped gated community that is professionally managed. Dues are exceptionally low & include landscaping, clubhouse, gated entry, pool, hot tub, & tanning room. You'll be proud of the updated cabinetry, double paned windows, deck storage & designer paint.
Easy access to freeways & The Landing. 1 Year AHS Home Warranty is included!
For More Information Visit: http://www.davidjedwards.com/17007.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=17007
If you would like to preview homes similiar to this, please contact me to arrange for a free buyer's consultation.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Tuesday, November 25, 2008
Just Listed! 4 Bedroom, 1 Bathroom Rent to Own Property in Lakewood!
9316 Maple Ave Southwest, Lakewood, WA, 98499
Price: $1695 Per Month, $6,995 Down Payment, $200 of Monthly Rent goes Towards the Purchase Price of $249,00.
Bedrooms: 4
Bathrooms: 1
Year Built: 1950
Square Feet: 1693
MLS: 28182500
This Home Is Move-In-Ready & Features A Large Kitchen With Dinette Area That Leads Out To An Expansive Decking System & Private Yard. This Home's Interior Has Been Freshly Painted & Upgraded With New Carpet Throughout. The Home Boasts 4 Bedrooms, 1 Bathroom And A Fireplace That Will Keep You Warm On Cold Winter Nights. Available To A Rent To Own Buyer At $249,000 With A $6,995 Down Payment And $1,695 Per Month Which Includes $200 Towards The Purchase Price.
For More Information Visit: http://www.davidjedwards.com/28182500.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30115
Driving Directions: I-5 South, Take EXIT 129 to SO 72 ST/SO 84 ST, Take the 74 ST WEST ramp, RIGHT on 74TH ST W, 74TH ST becomes CUSTER RD W, CUSTER RD becomes ARDMORE DR SW, RIGHT on FLORA ST SW, Turn LEFT on MAPLE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Monday, November 24, 2008
Just Listed! 4 Bedroom, 1 Bathroom Cosmetic Fixer in Renton!
666 Shelton Ave NE, Renton WA 98056
Price: $219,818
Price: $219,818
Bedrooms: 4
Bathrooms: 1
Year Built: 1953
Square Feet: 1540
MLS: 28172796
This Cosmetic Fixer Is Priced Well Below Comparable Properties And Is Ready For A Buyer Who Is Willing To Put In A Little Elbow Grease For A Place To Call Home, Rent Or Flip.
For More Information Visit: http://www.davidjedwards.com/28172796.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30654
Driving Directions: From 405, Take WA-900 E Exit to PARK AVE N/SUNSET BLVD NE. Turn LEFT on NE PARK DR/WA-900. Turn RIGHT on NE 10TH ST. Turn RIGHT on MONROE AVE NE. Turn LEFT on NE 7TH ST. Turn RIGHT on SHELTON AVE NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Just Listed! 4 Bedroom, 1 Bathroom Cosmetic Fixer in Renton!
666 Shelton Ave NE, Renton WA 98056
Price: $219,818
Price: $219,818
Bedrooms: 4
Bathrooms: 1
Year Built: 1953
Square Feet: 1540
MLS: 28172796
This Cosmetic Fixer Is Priced Well Below Comparable Properties And Is Ready For A Buyer Who Is Willing To Put In A Little Elbow Grease For A Place To Call Home, Rent Or Flip.
For More Information Visit: http://www.davidjedwards.com/28172796.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30654
Driving Directions: From 405, Take WA-900 E Exit to PARK AVE N/SUNSET BLVD NE. Turn LEFT on NE PARK DR/WA-900. Turn RIGHT on NE 10TH ST. Turn RIGHT on MONROE AVE NE. Turn LEFT on NE 7TH ST. Turn RIGHT on SHELTON AVE NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Price Reduced! 6 Bedroom, 5 Bathroom Single Family Home with 5,050 SF and a Mother-In-Law Apartment
748 Vashon Place NE, Renton, WA, 98059
New Price: 598,818
Bedrooms: 6
Bathrooms: 5
Year Built: 1998
MLS: 28036464
This grand home offers all the space you'll ever need! The main floor boasts formal living & dining rooms as well as a large kitchen, family room, powder room & office. Upstairs you will find 2 guest bedrooms & 2 master suites! The lower level is complete with its own kitchen, family room, master bedroom, guest bedroom, a 2nd laundry room & a bathroom. The wrap around porch overlooks a spacious private backyard. The home sits on a private dead end street. The three car garage is 900 square feet!
For More Information Visit: www.davidjedwards.com/20545.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=20545
Driving Directions: From I-405, Take WA 900 E, Exit 5 to NE Park Ave/Sunset Blvd. Turn Left onto Park DR/WA900. Turn right onto Coal Creek Prkwy/Duvall/138th Ave SE. Turn Right onto NE 8th St. Turn Left on Vashon PL NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.
Wednesday, November 12, 2008
Just Listed! 4 Bedroom, 2.5 Bathroom Single Family Home in South Cove on Lake Sammamish
Posted by David Edwards under For Buyers, For Realty Professionals, Regional - West, Listings, New Listings, Issaquah
19117 SE 43rd Street, Issaquah, WA, 98027
Price: 698,818
Bedrooms: 4
Bathrooms: 2.5
Year Built: 1982
MLS: 28183038
Boasting Waterfront Beach Rights & 4 Large Bedrooms This Home Has It All! This Elegant Property Sits On A Quiet Street In An Established Neighborhood. It’s Been Upgraded With Custom Paint, A Wine Refrigerator & A Barbecue Gas Line On A Patio Overlooking A Large Fully Landscaped Private Yard. There Is A Gas-Ignited-Wood-Burning Fireplace In The Family Room & A Steam Shower In The Master Suite. You’ll Love The New Carpet, Granite Counter, Surround Sound, Access To Freeways & Issaquah Schools.
For More Information Visit: http://www.davidjedwards.com/30163.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30163
Driving Directions: From I-90, Take Exit 13, Take the ramp toward W. Lake Sammamish PKWY SE, Turn RIGHT on W LK Sammamish, Left on 188th Ave, Right on SE 42nd PL, 42nd PL becomes 191st, 191st becomes SE 43rd St.
Public Open House Sunday November 23rd: 1-4PM.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
19117 SE 43rd Street, Issaquah, WA, 98027
Price: 698,818
Bedrooms: 4
Bathrooms: 2.5
Year Built: 1982
MLS: 28183038
Boasting Waterfront Beach Rights & 4 Large Bedrooms This Home Has It All! This Elegant Property Sits On A Quiet Street In An Established Neighborhood. It’s Been Upgraded With Custom Paint, A Wine Refrigerator & A Barbecue Gas Line On A Patio Overlooking A Large Fully Landscaped Private Yard. There Is A Gas-Ignited-Wood-Burning Fireplace In The Family Room & A Steam Shower In The Master Suite. You’ll Love The New Carpet, Granite Counter, Surround Sound, Access To Freeways & Issaquah Schools.
For More Information Visit: http://www.davidjedwards.com/30163.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30163
Driving Directions: From I-90, Take Exit 13, Take the ramp toward W. Lake Sammamish PKWY SE, Turn RIGHT on W LK Sammamish, Left on 188th Ave, Right on SE 42nd PL, 42nd PL becomes 191st, 191st becomes SE 43rd St.
Public Open House Sunday November 23rd: 1-4PM.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Sunday, November 9, 2008
Just Listed! 3 Bedroom, 1 Bedroom Sngle Family Home in Buckley
253 North 3rd St, Buckley, WA, 98321
Price: 219,818
Bedrooms: 3
Bathrooms: 1
Year Built: 1972
MLS: 28182481
This home is move-in-ready & features a large kitchen with dinette area that leads out to a patio & private yard complete with a fire pit and a full fence. This home’s interior has been freshly painted & upgraded with new carpet & laminate flooring. The home boasts 3 bedrooms, 1 bathroom and a fireplace that will keep you warm on cold winter nights. Owner financing is available!
For More Information Visit: http://www.davidjedwards.com/30111.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30111
Driving Directions: From Hwy 410, Left onto S 3rd St. End at 253 N 3rd St.
Public Open House Sunday November 16th: 1-4PM.
Public Open House Sunday November 16th: 1-4PM.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Monday, October 20, 2008
Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of October 20th, 2008)
Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Statistics, News & Media, Regional News, Renton, Market
I found some interesting trends in the numbers I track this morning.
These numbers are based on a three month historical analysis. I ran the numbers just now and I have compared them with the same report that I ran three weeks ago.
It's fascinating to see that the inventory of active listings has dropped in all three MLS areas that I track. This was true for single family homes as well as condominiums. The inventory of sold and pending properties was either flat or down as well. This means that the reduction in listings was not absorbed by buyers. Rather, they likely expired or were cancelled.
I believe many sellers have finally come to the conclusion that real estate prices can go down. A fact many sellers refused to accept over the course of the last 14 months. Buyer activity has remained steady but the market has improved due to the drop in inventory.
The percent of listings selling each month on average is up or unchanged in every category. This is simply because of lower inventory.
MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 105 Days (Up from 103 last period) I
nventory of Active Listings: 541 (Down from 576 last period)
Inventory of Sold & Pending Listings: 211 (Down from 219 last period)
70 listings are absorbed by demand each month on average. (Down from 73 last period)
13% of active listings are selling each month on average. (Up from 12% last period)
7.7 Months Worth of Supply (Down from 7.9 last period)
Average List Price: $905,942 (Up from $896,502 last period)
Average Sale Price: $642,184 (Down from $644,644 last period)
Median Sale Price: $570,000 (No change from $570,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Single Family Homes: This area favors buyers over sellers based on the fact that there is a 7.7 month supply of homes. This means that if no additional homes were listed, it would take 7.7 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 88 Days (Down from 90 last period)
Inventory of Active Listings: 141 (Down from 160 Active Listings last period)
Inventory of Sold & Pending Listings: 58 (Up from 55 last period)
19 listings are absorbed by demand each month on average. (Up from 18 last period)
13% of active listings are selling each month on average. (Up from 11% last period)
7.4 Months Worth of Supply (Down from 8.8 last period)
Average List Price: $319,136 (Down from $329,526 last period)
Average Sale Price: $280,187 (Down from $293,035 last period)
Median Sale Price: $256,500 (Down from $263,500 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Condominiums: This area favors buyers over sellers based on the fact that there is a 7.4 month supply of homes. This means that if no additional homes were listed, it would take 7.4 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/500-East%20Side-South_all.pdf
MLS Area 350 (Northeast Renton / Renton Highlands, East Highlands, Briarwood)
Single Family Homes
Average Days on Market: 109 Days (Up from 108 last period)
Inventory of Active Listings: 409 (Down from 441 last period)
Inventory of Sold & Pending Listings: 199 (Down from 209 last period)
66 listings are absorbed by demand each month on average. (Down from 70 last period)
16% of active listings are selling each month on average. (Up from 15% last period)
6.2 Months Worth of Supply (Down from 6.3 months last period)
Average List Price: $528,465 (Down from $536,379 last period)
Average Sale Price: $432,381 (Up from $431,642 last period)
Median Sale Price: $396,725 (Up from $389,950 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 6.2 month supply of homes. This means that if no additional homes were listed, it would take 6.2 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 105 Days (Up from 97 last period)
Inventory of Active Listings: 80 Active Listings (Down from 85 last period)
Inventory of Sold & Pending Listings: 41 (Up from 40 last period)
14 listings are absorbed by demand each month on average. (Up from 13 last period)
18% of active listings are selling each month on average. (Up from 16% last period)
5.7 Months Worth of Supply (Down from 6.5 months last period)
Average List Price: $245,931 (Down from $246,638 last period)
Average Sale Price: $242,814 (Up from $235,835 last period)
Median Sale Price: $222,750 (Down from $225,650 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 5.7 month supply of homes. This means that if no additional homes were listed, it would take 5.7 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/350-Renton%20Highlands.pdf
MLS Area 340 (Southeast Renton / Cascade, Tiffany Park, Talbot Hill, Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 116 Days (Up from 110 last period)
Inventory of Active Listings: 357 (Down from 388 last period)
Inventory of Sold & Pending Listings: 178 (Down from 185 last period)
59 listings are absorbed by demand each month on average. (Down from 62 last period)
17% of active listings are selling each month on average. (Up from 16% last period)
6.0 Months Worth of Supply (Down from 6.0 months worth of supply last period)
Average List Price: $420,630 (Down from $426,631 last period)
Average Sale Price: $361,447 (Down from $378,189 last period)
Median Sale Price: $342,000 (Down from $356,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 6.0 month supply of homes. This means that if no additional homes were listed, it would take 6.0 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 94 Days (Up from 92 last period)
Inventory of Active Listings: 104 (Down from 105 active listings last period)
Inventory of Sold & Pending Listings: 59 (Down from 60 last period)
20 listings are absorbed by demand each month on average. (No change from 20 last period)
19% of active listings are selling each month on average. (No change from 19% last period)
5.2 Months Worth of Supply (Down from 5.3 last period)
Average List Price: $220,293 (Down from $224,279 last period)
Average Sale Price: $215,117 (Up from $214,888 last period)
Median Sale Price: $208,000 (Down from $211,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 5.2 month supply of condos. This means that if no additional condos were listed, it would take 5.2 months to absorb the current inventory. A market is considered balanced when the supply of condos is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/340-Renton-Benson%20Hill.pdf
If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest.
You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.
This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service. The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
I found some interesting trends in the numbers I track this morning.
These numbers are based on a three month historical analysis. I ran the numbers just now and I have compared them with the same report that I ran three weeks ago.
It's fascinating to see that the inventory of active listings has dropped in all three MLS areas that I track. This was true for single family homes as well as condominiums. The inventory of sold and pending properties was either flat or down as well. This means that the reduction in listings was not absorbed by buyers. Rather, they likely expired or were cancelled.
I believe many sellers have finally come to the conclusion that real estate prices can go down. A fact many sellers refused to accept over the course of the last 14 months. Buyer activity has remained steady but the market has improved due to the drop in inventory.
The percent of listings selling each month on average is up or unchanged in every category. This is simply because of lower inventory.
MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 105 Days (Up from 103 last period) I
nventory of Active Listings: 541 (Down from 576 last period)
Inventory of Sold & Pending Listings: 211 (Down from 219 last period)
70 listings are absorbed by demand each month on average. (Down from 73 last period)
13% of active listings are selling each month on average. (Up from 12% last period)
7.7 Months Worth of Supply (Down from 7.9 last period)
Average List Price: $905,942 (Up from $896,502 last period)
Average Sale Price: $642,184 (Down from $644,644 last period)
Median Sale Price: $570,000 (No change from $570,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Single Family Homes: This area favors buyers over sellers based on the fact that there is a 7.7 month supply of homes. This means that if no additional homes were listed, it would take 7.7 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 88 Days (Down from 90 last period)
Inventory of Active Listings: 141 (Down from 160 Active Listings last period)
Inventory of Sold & Pending Listings: 58 (Up from 55 last period)
19 listings are absorbed by demand each month on average. (Up from 18 last period)
13% of active listings are selling each month on average. (Up from 11% last period)
7.4 Months Worth of Supply (Down from 8.8 last period)
Average List Price: $319,136 (Down from $329,526 last period)
Average Sale Price: $280,187 (Down from $293,035 last period)
Median Sale Price: $256,500 (Down from $263,500 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Condominiums: This area favors buyers over sellers based on the fact that there is a 7.4 month supply of homes. This means that if no additional homes were listed, it would take 7.4 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/500-East%20Side-South_all.pdf
MLS Area 350 (Northeast Renton / Renton Highlands, East Highlands, Briarwood)
Single Family Homes
Average Days on Market: 109 Days (Up from 108 last period)
Inventory of Active Listings: 409 (Down from 441 last period)
Inventory of Sold & Pending Listings: 199 (Down from 209 last period)
66 listings are absorbed by demand each month on average. (Down from 70 last period)
16% of active listings are selling each month on average. (Up from 15% last period)
6.2 Months Worth of Supply (Down from 6.3 months last period)
Average List Price: $528,465 (Down from $536,379 last period)
Average Sale Price: $432,381 (Up from $431,642 last period)
Median Sale Price: $396,725 (Up from $389,950 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 6.2 month supply of homes. This means that if no additional homes were listed, it would take 6.2 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 105 Days (Up from 97 last period)
Inventory of Active Listings: 80 Active Listings (Down from 85 last period)
Inventory of Sold & Pending Listings: 41 (Up from 40 last period)
14 listings are absorbed by demand each month on average. (Up from 13 last period)
18% of active listings are selling each month on average. (Up from 16% last period)
5.7 Months Worth of Supply (Down from 6.5 months last period)
Average List Price: $245,931 (Down from $246,638 last period)
Average Sale Price: $242,814 (Up from $235,835 last period)
Median Sale Price: $222,750 (Down from $225,650 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 5.7 month supply of homes. This means that if no additional homes were listed, it would take 5.7 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/350-Renton%20Highlands.pdf
MLS Area 340 (Southeast Renton / Cascade, Tiffany Park, Talbot Hill, Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 116 Days (Up from 110 last period)
Inventory of Active Listings: 357 (Down from 388 last period)
Inventory of Sold & Pending Listings: 178 (Down from 185 last period)
59 listings are absorbed by demand each month on average. (Down from 62 last period)
17% of active listings are selling each month on average. (Up from 16% last period)
6.0 Months Worth of Supply (Down from 6.0 months worth of supply last period)
Average List Price: $420,630 (Down from $426,631 last period)
Average Sale Price: $361,447 (Down from $378,189 last period)
Median Sale Price: $342,000 (Down from $356,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 6.0 month supply of homes. This means that if no additional homes were listed, it would take 6.0 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 94 Days (Up from 92 last period)
Inventory of Active Listings: 104 (Down from 105 active listings last period)
Inventory of Sold & Pending Listings: 59 (Down from 60 last period)
20 listings are absorbed by demand each month on average. (No change from 20 last period)
19% of active listings are selling each month on average. (No change from 19% last period)
5.2 Months Worth of Supply (Down from 5.3 last period)
Average List Price: $220,293 (Down from $224,279 last period)
Average Sale Price: $215,117 (Up from $214,888 last period)
Median Sale Price: $208,000 (Down from $211,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 5.2 month supply of condos. This means that if no additional condos were listed, it would take 5.2 months to absorb the current inventory. A market is considered balanced when the supply of condos is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/340-Renton-Benson%20Hill.pdf
If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest.
You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.
This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service. The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Monday, September 15, 2008
Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of September 15th, 2008)
Note: NWMLS implemented some Area Designation and Boundary changes in the Newcastle/Renton area to more accurately reflect the true market areas in this section of Bellevue/Renton. The boundary changes took effect on June 24th, 2008. To view a map that shows the old and new boundaries, click here: http://www.nwmls.com/discover/library/monday_update/MonUpdates/MU2008/Jun08/KC_SW_350_500.pdf.
These numbers are based on a three month historical analysis that compares this week with last week.
MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 102 Days (Up from 101 last period)
Inventory of Active Listings: 577 (Up from 576 last period)
Inventory of Sold & Pending Listings: 236 (Up from 235 last period)
79 listings are absorbed by demand each month on average. (up from 78 last period)
7.3 Months Worth of Supply (Down from 7.4 last period)
Average List Price: $885,143 (Down from $892,511 last period)
Average Sale Price: $674,891 (Down from $681,691 last period)
Median Sale Price: $601,250 (Down from $625,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Single Family Homes: This area favors buyers over sellers based on the fact that there is a 7.3 month supply of homes. This means that if no additional homes were listed, it would take 7.3 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 87 Days (Up from 84 last period)
Inventory of Active Listings: 155 (Down from 162 Active Listings last period)
Inventory of Sold & Pending Listings: 72 (Down from 73 last period)
24 listings are absorbed by demand each month on average. (No change from 24 last period)
6.5 Months Worth of Supply (Down from 6.7 last period)
Average List Price: $329,984 (Up from $328,110 last period)
Average Sale Price: $296,023 (Down from $297,008 last period)
Median Sale Price: $279,500 (Down from $287,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 500 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 6.5 month supply of homes. This means that if no additional homes were listed, it would take 6.5 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/500-East%20Side-
MLS Area 350 (Northeast Renton / Renton Highlands, East Highlands, Briarwood)
Single Family Homes
Average Days on Market: 105 Days (Down from 107 last period)
Inventory of Active Listings: 455 (Up from 444 last period)
Inventory of Sold & Pending Listings: 228 (Up from 223 last period)
76 listings are absorbed by demand each month on average. (Up from 74 last period)
5.9 Months Worth of Supply (Down from 6.0 months last period)
Average List Price: $544,199 (Down from $544,505 last period)
Average Sale Price: $433,259 (Up from $429,165 last period)
Median Sale Price: $392,450 (Up from $389,950 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 5.9 month supply of homes. This means that if no additional homes were listed, it would take 5.9 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 92 Days (Up from 88 last period)
Inventory of Active Listings: 92 Active Listings (No change from 92 last period)
Inventory of Sold & Pending Listings: 40 (Down from 44 last period)
13 listings are absorbed by demand each month on average. (Down from 15 last period)
7.0 Months Worth of Supply (Up from 6.1 months last period)
Average List Price: $246,904 (Down from $251,165 last period)
Average Sale Price: $229,420 (Down from $243,884 last period)
Median Sale Price: $218,900 (Down from $225,500 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 350 for Condominiums: This area favors buyers over sellers based on the fact that there is a 7.0 month supply of homes. This means that if no additional homes were listed, it would take 7.0 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/350-Renton%20Highlands.pdf
MLS Area 340 (Southeast Renton / Cascade, Tiffany Park, Talbot Hill, Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 109 Days (Up from 108 last period)
Inventory of Active Listings: 384 (Down from 394 last period)
Inventory of Sold & Pending Listings: 193 (Up from 180 last period)
64 listings are absorbed by demand each month on average. (Up from 60 last period)
6.0 Months Worth of Supply (Down from 6.5 months worth of supply last period)
Average List Price: $426,273 (Down from $427,404 last period)
Average Sale Price: $379,341 (Down from $379,378 last period)
Median Sale Price: $359,950 (Down from $360,000 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Single Family Homes: This area is balanced between buyers and sellers based on the fact that there is a 6.0 month supply of homes. This means that if no additional homes were listed, it would take 6.0 months to absorb the current inventory. A market is considered balanced when the supply of homes is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
Condominiums
Average Days on Market: 91 Days (Up from 88 last period)
Inventory of Active Listings: 106 (Down from 113 active listings last period)
Inventory of Sold & Pending Listings: 59 (Up from 57 last period)
20 listings are absorbed by demand each month on average. (Up from 19 last period)
5.3 Months Worth of Supply (Down from 5.9 last period)
Average List Price: $225,495 (Down from $225,918 last period)
Average Sale Price: $219,846 (Up from $217,581 last period)
Median Sale Price: $212,500 (No change from $212,500 last period) (1/2 sell for more & 1/2 sell for less)
Analysis of MLS Area 340 for Condominiums: This area is balanced between buyers and sellers based on the fact that there is a 5.3 month supply of condos. This means that if no additional condos were listed, it would take 5.3 months to absorb the current inventory. A market is considered balanced when the supply of condos is close to a six month supply. A supply of five months or less would favor sellers. A supply of seven months or more would favor buyers.
http://www.nwmls.com/discover/library/maps/areamaps/King/340-Renton-Benson%20Hill.pdf
If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at http://www.davidjedwards.com/ where you can access my Market Snapshot research tool found on the left side of the homepage.
This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service. The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Tuesday, August 19, 2008
The Clock is ticking on Nehemiah and Tax credit for would-be homebuyers!!!
The Clock is ticking on Nehemiah and Tax credit for would-be homebuyers!!!!
Posted by David Edwards under For Buyers, For Realty Professionals, General Information, Credit Scoring, News & Media
Just a reminder, last call for those potential “Nehemiah” loan candidates ( basically “0″ down FHA loans…). The borrowers must be in process, with a property, and approved by September 30th. Can close after 9-30 though.
David Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Posted by David Edwards under For Buyers, For Realty Professionals, General Information, Credit Scoring, News & Media
Just a reminder, last call for those potential “Nehemiah” loan candidates ( basically “0″ down FHA loans…). The borrowers must be in process, with a property, and approved by September 30th. Can close after 9-30 though.
David Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
Friday, August 1, 2008
Just Listed! 2 Bedroom, 2 Bathroom Condo with Private Entrance
Posted by David Edwards under For Buyers, Regional - West, Open Houses, Listings, New Listings, Renton
975 Aberdeen Ave NE #C106 Renton WA 98056
http://davidjedwards.com/26352.asp
Price: 189,500
Bedrooms: 2
Bathrooms: 2
Year Built: 1990
MLS: 28129835
This home has beautiful hardwood floors, a fireplace, new paint & new lighting. The master has a walk through closet & bath ensuite. The large dining area & open concept kitchen is complete with breakfast bar. All appliances stay. This is the only condo in the community with a private entry & large front patio. The cabana is complete with a kitchen & exercise room. It overlooks a pool & hot tub. There is also a covered picnic area, children’s playgound, sports court & dog park.
For More Information Visit: http://davidjedwards.com/26352.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=26352
Driving Directions: I405, Ex 5, E on NE Park Dr. (SR900/Sunset), R on Sunset Blvd, @ Flashing Light, Sharp R on Aberdeen, Complex on L. Guest Spaces 297-302. Take steps on L to Bldng C. C106 is on NE Corner of bldng.
Brokers Open House Aug 8th: 12-3PM / Public Open House Aug 10th: 1-4PM.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.
Sunday, July 20, 2008
Price Reduced on Classic Victorian Home
748 Vashon Place NE, Renton WA 98059
6 Bedrooms 5 Bathrooms, 5050 Square Feet, Built in 1998
Now: $774,818
Property Site: http://davidjedwards111.topproducerwebsite.com/20545.asp
Presented By:David Edwards
Keller Williams Realty SES
To Arrange for a Private Showing Call: 425-890-8045 or e-mail david@davidjedwards.com
HIGHLIGHTS
4 Bedrooms on Upper Floor 3 Full Bathrooms on Upper Floor Main Floor Guest Bath Main Floor Office Formal Living and Dining Rooms Family Room Kitchen Appliances Stay Deck & Veranda on Main Floor Fully Self-Contained Mother-In-Law on Lower Level1 Bedroom - Convertible to 2Den/OfficeFull BathLiving RoomGourmet Kitchen with Dining AreaPrivate Entrance and PatioSeparate Utilities 3 Car GarageUnfinished Attic Storage / Potential Apartment State-Of-The-Art Wiring for Computers and Entertainment Gas Forced Air Heat and Air Conditioning
Custom Details Throughout
This beautiful home was inspired by classic Victorian homes; the design copyright is held by Select Home Designs. This home is situated on an 11,408 square foot lot in the Vashon Place Development. The home was custom built for the original owners by Custom Building Services West, Inc. Architect, Gary R. Stadlman and Designs Unlimited of Kent, modified the original design of the home to take advantage of the topography of the property and to add many custom features for the original owners.
MAIN & UPPER FLOORS
The main and upper floors of this home have many unique and custom features including colonial doors with replica Victorian solid brass door handles (circa: 1860 to 1910). The interior millwork has hand crafted custom window and door headers. All of the windows are fully cased. The home is wired for stereo speakers in every room. They lead back to the family room. The home is also wired for computer networking that leads back to a data closet in the main floor office (dual category five cable runs to each bedroom in the house). Each room is also wired for satellite, cable and TV antenna as well as remote VCR viewing in each room that is driven from the entertainment center in the family room. The family room is wired for a surround sound stereo system. The main and upper floors are equipped with their own heating, cooling, plumbing and sewer piping systems. Electrical wiring and a gas stub for a future hot tub is under the deck at the east end of the house. The main floor has a two-partition security panel monitored by ADT (the second partition is for the lower level unit).
HEATING AND AIR CONDITIONING
This home has a 75,000 BTU forced air gas furnace and a 5 ton air conditioning unit with a climate control thermostat for heating, venting and air conditioning.
KITCHEN AND NOOK
This home has Swedish finished white oak hardwood floors in the kitchen and nook. It also has solid granite slab countertops and backsplashes with $120 per square foot routed Roman OG profile edging. The cabinets are Maple with solid brass and crystal knobs and handles. The Refrigerator, gas range, microwave/hood combination, dishwasher, disposal and instant hot water system are all included. The lighting is recessed clear Alzak and a solid brass chandelier in the eating nook. The large walk-in pantry has a custom vinyl coated metal shelving system. The nook provides access to the covered veranda.
LIVING ROOM
The living room has a dropped perimeter ceiling with two tiers of crown moldings and wainscot throughout. Wainscot consists of chair rail and shadow boxes. The custom entry and exit at the west and east ends are finished with a crown header, field fluted casings and custom made plinth blocks. The lighting consists of four recessed cans, two solid brass wall sconces on dimmer and two switched outlets. The living room is wired for stereo back to the family room and entertainment center.
DINING ROOM
The custom entry to and from the living room are finished with a crown header, field fluted casings and custom plinth blocks. There is crown moldings and wainscot throughout. A large ceiling medallion with a brass and crystal chandelier provides the light when the coverings on the four large picture windows are drawn.
DEN/OFFICE
The octagon shaped office has a dropped perimeter ceiling and two tiers of cherry wood crown moldings and wainscot throughout. The wood door has glass panes, a custom door header a fluted casing and plinth blocks. The storage/data closet has wood-bi-fold doors. The data closet is wired for a computer network system throughout the house and it contains the home security panel. The closet has a conduit raceway to the garage, attic, and family room entertainment center to accommodate future wiring needs. Lighting consists of eight mini recessed cans with brass Alzak trim around the octagon perimeter of the lower tier and two large recessed cans with brass Alzak trim in the center. An outlet box for a future paddle fan has also been installed. There is a double outlet for a dedicated computer circuit and an outlet with two category 5 computer network cables that runs from the data closet to the telephone, satellite and cable TV outlets. The room is wired for a stereo that runs back to the family entertainment center.
POWDER ROOM
The powder room has white oak hardwood floors as well as designer molding and wainscot throughout. The large pedestal sink has a solid brass faucet and handles. The paper holder and towel bars are also solid brass. Lighting consists of an antique light fixture above the antique mirror as well as a ceiling fan/light unit.
ENTRY HALL AND FOYER
The entry hall and foyer benefit from a double wood entry door that has stained glass panels and solid brass handles. There is crown molding and wainscot throughout as well as white oak hardwood floors. Lighting consists of four recessed can lights and one brass and glass entry fixture.
FAMILY ROOM
The family room benefits from a gas fireplace with a large custom built mantle. There is a heat regulated fireplace fan. The room is wired for a surround sound stereo system, satellite cable and antenna TV. The cable and stereo system is networked throughout the house to the entertainment center. There are two dedicated 20 amp, 120 volt circuits with double duplex receptacle outlets. The lighting consists of four recessed cans for the main area and two separately switched recessed eyeball spot lights for the fireplace.
DECK AND VERANDA
The large covered deck and veranda has a cedar soffit and recessed lighting. The decking consists of alternating 2×4 and 2×6 cedar boards. The porch roof is supported by turned colonial posts with Victorian corbels. The railings are 2X2 cedar with routed profile edges. The deck has two weather proof electrical outlets and gas piping for a grill.
UTILITY ROOM
This oversized utility room benefits from commercial grade tile flooring. The washer and dryer are included. This room holds the furnace with its electronic air cleaner. Lighting consists of commercial grade, recessed, flanged troffer fluorescent lighting and a 100 CFM extra quiet exhaust fan. There is a built-in ironing board, upper and lower cabinets and a laundry tub.
GARAGE
The large three car garage boasts 900 square feet of space and has a workshop and storage area. The garage has a large 75 gallon water heater with a water circulation pump. Lighting consists of
six two lamp fluorescent lights and three porcelain motion sensors.
ATTIC
The attic above the garage has trusses for full height head clearance. The attic has its own exterior stair entry and is large enough for a future one bedroom apartment. The attic is wired and has power and lighting.
STAIRS & HALLWAY
The stairs and hallway benefit from high vaulted ceilings, large crown moldings and wainscot throughout. The banister, post and balusters are made out of solid oak as are the half treads and designer stair brackets.
GUEST BEDROOM 1
This large guest bedroom has a separate sitting area to utilize a TV and computer. The room has a double bi-fold closet with a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of two antique style ceiling fixtures and one recessed can light for the closet that is on a separate switch.
GUEST BEDROOM 2
This large bedroom has double bi-fold closet doors and a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of two antique style ceiling fixtures and one recessed can light for the closet that is on a separate switch.
GUEST BEDROOM 3 (Princess Tower Suite)
This octagon shaped room has 10' walls and a cone shaped octagon ceiling that measures 16' high at the center where you will find a ceiling medallion and chandelier. There are large crown moldings and wainscot throughout. This room benefits from custom door headers, fluted casings and plinth blocks. There is a large walk-in closet with a vinyl coated metal shelving system. A full bathroom with a bathtub, linen closet, pedestal sink, medicine cabinet and custom tiles with hand painted artwork is connected to this room making it a suite. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of one antique style ceiling chandelier and three separately switched wall sconces. There is also a ceiling mounted 1200w heat light with fan unit.
GUEST BATHROOM
The guest bathroom is a full bathroom with a tub/shower combination featuring a raised tile look. The room has a vaulted ceiling with a ceiling mounted 1200w heat/light/fan unit with a night light. There is a tile floor and a solid granite slab countertop and backsplash. This room has a full length mirror with two bar lights, a built in medicine cabinet and chrome faucets, towel bars and holders.
MASTER SUITE
The master suite has a large sitting area, vaulted ceilings with large crown moldings and wainscot throughout. This room benefits from custom door and window headers, fluted casings and plinth blocks. There is a large walk-in closet with a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of six sloped ceiling recessed cans, two separately switched wall sconces and switched outlets on three-way switches. The sitting area has two recessed can lights and three separately switched wall sconces.
MASTER BATH
The master bathroom has 12' walls with extra large crown molding and a cone shaped octagon ceiling measuring 18' high at the center, with a ceiling medallion wired for a chandelier fixture or paddle fan. There is a large soaking tub and vanity sink. All bath plumbing fixtures, towel bars and holders are solid brass. The floor, countertop and tub surround with tile chair rail, deco back splash and tub edging are imported Italian tile. There are five windows for extra lighting and a beautiful Mt. Rainier view. Lighting consists of three wall sconces on a dimmer switch and wiring for a chandelier or paddle fan. There is a separate shower room with a 4' tile shower that has brass and glass shower doors and a ceiling mounted 1200w heat/light/fan unit with a night light.
DAYLIGHT BASEMENT
The daylight basement is a fully contained mother-in-law unit, completely finished with all fixtures and appliances. The basement is fully carpeted and features two panel colonial doors with brass lever handles. The electrical devices are Decora series. The daylight basement also features it's own isolated heating, cooling, electrical, plumbing and sewer piping systems and has its own security system monitored by ADT.
HEATING AND AIR CONDITIONING
The daylight basement benefits from a 20,000 BTU forced air gas furnace and a 2.5 ton air conditioning unit with a climate control thermostat for HVAC.
KITCHEN AND DINETTE
This room benefits from tile floors with a custom sculptured tile inlay. The kitchen has tile countertops, a sculptured tile backsplash and a granite kitchen island. The cabinets are bright white with glass display doors and a wine rack. The refrigerator, gas range, hood fan, dishwasher and disposal all stay. The pantry has double bi-fold doors and a vinyl coated metal shelving system. Lighting consists of recessed clear Alzak.
LIVING ROOM
The living room has a gas fireplace with a custom mantle between two built-in bookcases. Crown molding can be found throughout. The foyer has been tiled and enhanced with a sculptured tile border.
UTILITY ROOM
The lower level boasts its own utility room with a washer and dryer that stay. The closet area houses the furnace and water heater behind bi-fold doors. The ceiling has recessed lighting and an exhaust fan. The room is connected to the city water system as well as to a private well and whole house water filtration system. The room benefits from a drain and a dedicated 125 Amp, 120 Volt electrical sub-panel. There is a laundry sink and upper and lower cabinets for ample storage.
DEN/OFFICE
This octagon shaped room has a built in bookcase and crown molding. It is connected to the computer network category 5 cable server in the main floor office. It is also wired for telephone, cable and satellite TV with dedicated category 5 computer outlets. Lighting consists of incandescent light.
BATHROOM
The full bathroom has a tub/shower combination with a raised tile look. There is a tile floor and tile countertop and backsplash. Lighting consists of a flush ceiling mounted 1200w heat/light/fan unit and a mirror bar light.
BEDROOMS
The original owner elected not to close off the two bedrooms in lieu of creating a larger master bedroom. If the current master bedroom were to be converted back to a two bedroom arrangement, each bedroom would have an eight foot closet with double-bi-fold doors and a vinyl coated metal shelving system. Lighting would consist of antique style ceiling lights.
STORAGE
There is a large guest closet in the hall and extra space under the stairs.
PATIO
There is a large patio area covered by the deck and veranda above. There is a gas line for grilling.
EXTERIOR AND LANDSCAPING
The exterior consists of clear cedar 4' lap siding with cedar corner boards and trim. The front of the house has shutters, sunbursts, corbels and diamond shaped cedar shakes on all gable ends. All of the exterior cedar siding has been painted with an oil based primer sealer and a latex base finish coat. The lower yard has a 100' x 5' rockery and large rock steps between the upper and lower yard. The yard has a 6' cedar fence and is completely landscaped. The entire rear (south) side of the home is on a permanent multi-acre wet land to offer privacy and seclusion.
SQUARE FOOTAGE
Main Floor: 2070 Square Feet- Kitchen, Family Room, Living Room, Dining Room, Office, Powder Room, Utility Room, Entry Hall & Stairway
Upper Floor: 1490 Square Feet- Four Bedrooms, Three Full Bathrooms, Stairway & Hallway
Daylight Basement: 1490 Square Feet- Kitchen, Living Room, Utility Room, Office, Bath, Bedroom(s)
Deck & Veranda: 622 Square Feet
Three Car Garage: 938 Square Feet
Attic: 938 Square Feet
6 Bedrooms 5 Bathrooms, 5050 Square Feet, Built in 1998
Now: $774,818
Property Site: http://davidjedwards111.topproducerwebsite.com/20545.asp
Presented By:David Edwards
Keller Williams Realty SES
To Arrange for a Private Showing Call: 425-890-8045 or e-mail david@davidjedwards.com
HIGHLIGHTS
4 Bedrooms on Upper Floor 3 Full Bathrooms on Upper Floor Main Floor Guest Bath Main Floor Office Formal Living and Dining Rooms Family Room Kitchen Appliances Stay Deck & Veranda on Main Floor Fully Self-Contained Mother-In-Law on Lower Level1 Bedroom - Convertible to 2Den/OfficeFull BathLiving RoomGourmet Kitchen with Dining AreaPrivate Entrance and PatioSeparate Utilities 3 Car GarageUnfinished Attic Storage / Potential Apartment State-Of-The-Art Wiring for Computers and Entertainment Gas Forced Air Heat and Air Conditioning
Custom Details Throughout
This beautiful home was inspired by classic Victorian homes; the design copyright is held by Select Home Designs. This home is situated on an 11,408 square foot lot in the Vashon Place Development. The home was custom built for the original owners by Custom Building Services West, Inc. Architect, Gary R. Stadlman and Designs Unlimited of Kent, modified the original design of the home to take advantage of the topography of the property and to add many custom features for the original owners.
MAIN & UPPER FLOORS
The main and upper floors of this home have many unique and custom features including colonial doors with replica Victorian solid brass door handles (circa: 1860 to 1910). The interior millwork has hand crafted custom window and door headers. All of the windows are fully cased. The home is wired for stereo speakers in every room. They lead back to the family room. The home is also wired for computer networking that leads back to a data closet in the main floor office (dual category five cable runs to each bedroom in the house). Each room is also wired for satellite, cable and TV antenna as well as remote VCR viewing in each room that is driven from the entertainment center in the family room. The family room is wired for a surround sound stereo system. The main and upper floors are equipped with their own heating, cooling, plumbing and sewer piping systems. Electrical wiring and a gas stub for a future hot tub is under the deck at the east end of the house. The main floor has a two-partition security panel monitored by ADT (the second partition is for the lower level unit).
HEATING AND AIR CONDITIONING
This home has a 75,000 BTU forced air gas furnace and a 5 ton air conditioning unit with a climate control thermostat for heating, venting and air conditioning.
KITCHEN AND NOOK
This home has Swedish finished white oak hardwood floors in the kitchen and nook. It also has solid granite slab countertops and backsplashes with $120 per square foot routed Roman OG profile edging. The cabinets are Maple with solid brass and crystal knobs and handles. The Refrigerator, gas range, microwave/hood combination, dishwasher, disposal and instant hot water system are all included. The lighting is recessed clear Alzak and a solid brass chandelier in the eating nook. The large walk-in pantry has a custom vinyl coated metal shelving system. The nook provides access to the covered veranda.
LIVING ROOM
The living room has a dropped perimeter ceiling with two tiers of crown moldings and wainscot throughout. Wainscot consists of chair rail and shadow boxes. The custom entry and exit at the west and east ends are finished with a crown header, field fluted casings and custom made plinth blocks. The lighting consists of four recessed cans, two solid brass wall sconces on dimmer and two switched outlets. The living room is wired for stereo back to the family room and entertainment center.
DINING ROOM
The custom entry to and from the living room are finished with a crown header, field fluted casings and custom plinth blocks. There is crown moldings and wainscot throughout. A large ceiling medallion with a brass and crystal chandelier provides the light when the coverings on the four large picture windows are drawn.
DEN/OFFICE
The octagon shaped office has a dropped perimeter ceiling and two tiers of cherry wood crown moldings and wainscot throughout. The wood door has glass panes, a custom door header a fluted casing and plinth blocks. The storage/data closet has wood-bi-fold doors. The data closet is wired for a computer network system throughout the house and it contains the home security panel. The closet has a conduit raceway to the garage, attic, and family room entertainment center to accommodate future wiring needs. Lighting consists of eight mini recessed cans with brass Alzak trim around the octagon perimeter of the lower tier and two large recessed cans with brass Alzak trim in the center. An outlet box for a future paddle fan has also been installed. There is a double outlet for a dedicated computer circuit and an outlet with two category 5 computer network cables that runs from the data closet to the telephone, satellite and cable TV outlets. The room is wired for a stereo that runs back to the family entertainment center.
POWDER ROOM
The powder room has white oak hardwood floors as well as designer molding and wainscot throughout. The large pedestal sink has a solid brass faucet and handles. The paper holder and towel bars are also solid brass. Lighting consists of an antique light fixture above the antique mirror as well as a ceiling fan/light unit.
ENTRY HALL AND FOYER
The entry hall and foyer benefit from a double wood entry door that has stained glass panels and solid brass handles. There is crown molding and wainscot throughout as well as white oak hardwood floors. Lighting consists of four recessed can lights and one brass and glass entry fixture.
FAMILY ROOM
The family room benefits from a gas fireplace with a large custom built mantle. There is a heat regulated fireplace fan. The room is wired for a surround sound stereo system, satellite cable and antenna TV. The cable and stereo system is networked throughout the house to the entertainment center. There are two dedicated 20 amp, 120 volt circuits with double duplex receptacle outlets. The lighting consists of four recessed cans for the main area and two separately switched recessed eyeball spot lights for the fireplace.
DECK AND VERANDA
The large covered deck and veranda has a cedar soffit and recessed lighting. The decking consists of alternating 2×4 and 2×6 cedar boards. The porch roof is supported by turned colonial posts with Victorian corbels. The railings are 2X2 cedar with routed profile edges. The deck has two weather proof electrical outlets and gas piping for a grill.
UTILITY ROOM
This oversized utility room benefits from commercial grade tile flooring. The washer and dryer are included. This room holds the furnace with its electronic air cleaner. Lighting consists of commercial grade, recessed, flanged troffer fluorescent lighting and a 100 CFM extra quiet exhaust fan. There is a built-in ironing board, upper and lower cabinets and a laundry tub.
GARAGE
The large three car garage boasts 900 square feet of space and has a workshop and storage area. The garage has a large 75 gallon water heater with a water circulation pump. Lighting consists of
six two lamp fluorescent lights and three porcelain motion sensors.
ATTIC
The attic above the garage has trusses for full height head clearance. The attic has its own exterior stair entry and is large enough for a future one bedroom apartment. The attic is wired and has power and lighting.
STAIRS & HALLWAY
The stairs and hallway benefit from high vaulted ceilings, large crown moldings and wainscot throughout. The banister, post and balusters are made out of solid oak as are the half treads and designer stair brackets.
GUEST BEDROOM 1
This large guest bedroom has a separate sitting area to utilize a TV and computer. The room has a double bi-fold closet with a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of two antique style ceiling fixtures and one recessed can light for the closet that is on a separate switch.
GUEST BEDROOM 2
This large bedroom has double bi-fold closet doors and a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of two antique style ceiling fixtures and one recessed can light for the closet that is on a separate switch.
GUEST BEDROOM 3 (Princess Tower Suite)
This octagon shaped room has 10' walls and a cone shaped octagon ceiling that measures 16' high at the center where you will find a ceiling medallion and chandelier. There are large crown moldings and wainscot throughout. This room benefits from custom door headers, fluted casings and plinth blocks. There is a large walk-in closet with a vinyl coated metal shelving system. A full bathroom with a bathtub, linen closet, pedestal sink, medicine cabinet and custom tiles with hand painted artwork is connected to this room making it a suite. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of one antique style ceiling chandelier and three separately switched wall sconces. There is also a ceiling mounted 1200w heat light with fan unit.
GUEST BATHROOM
The guest bathroom is a full bathroom with a tub/shower combination featuring a raised tile look. The room has a vaulted ceiling with a ceiling mounted 1200w heat/light/fan unit with a night light. There is a tile floor and a solid granite slab countertop and backsplash. This room has a full length mirror with two bar lights, a built in medicine cabinet and chrome faucets, towel bars and holders.
MASTER SUITE
The master suite has a large sitting area, vaulted ceilings with large crown moldings and wainscot throughout. This room benefits from custom door and window headers, fluted casings and plinth blocks. There is a large walk-in closet with a vinyl coated metal shelving system. The room is wired for TV, stereo, a computer network and dedicated computer power. The lighting consists of six sloped ceiling recessed cans, two separately switched wall sconces and switched outlets on three-way switches. The sitting area has two recessed can lights and three separately switched wall sconces.
MASTER BATH
The master bathroom has 12' walls with extra large crown molding and a cone shaped octagon ceiling measuring 18' high at the center, with a ceiling medallion wired for a chandelier fixture or paddle fan. There is a large soaking tub and vanity sink. All bath plumbing fixtures, towel bars and holders are solid brass. The floor, countertop and tub surround with tile chair rail, deco back splash and tub edging are imported Italian tile. There are five windows for extra lighting and a beautiful Mt. Rainier view. Lighting consists of three wall sconces on a dimmer switch and wiring for a chandelier or paddle fan. There is a separate shower room with a 4' tile shower that has brass and glass shower doors and a ceiling mounted 1200w heat/light/fan unit with a night light.
DAYLIGHT BASEMENT
The daylight basement is a fully contained mother-in-law unit, completely finished with all fixtures and appliances. The basement is fully carpeted and features two panel colonial doors with brass lever handles. The electrical devices are Decora series. The daylight basement also features it's own isolated heating, cooling, electrical, plumbing and sewer piping systems and has its own security system monitored by ADT.
HEATING AND AIR CONDITIONING
The daylight basement benefits from a 20,000 BTU forced air gas furnace and a 2.5 ton air conditioning unit with a climate control thermostat for HVAC.
KITCHEN AND DINETTE
This room benefits from tile floors with a custom sculptured tile inlay. The kitchen has tile countertops, a sculptured tile backsplash and a granite kitchen island. The cabinets are bright white with glass display doors and a wine rack. The refrigerator, gas range, hood fan, dishwasher and disposal all stay. The pantry has double bi-fold doors and a vinyl coated metal shelving system. Lighting consists of recessed clear Alzak.
LIVING ROOM
The living room has a gas fireplace with a custom mantle between two built-in bookcases. Crown molding can be found throughout. The foyer has been tiled and enhanced with a sculptured tile border.
UTILITY ROOM
The lower level boasts its own utility room with a washer and dryer that stay. The closet area houses the furnace and water heater behind bi-fold doors. The ceiling has recessed lighting and an exhaust fan. The room is connected to the city water system as well as to a private well and whole house water filtration system. The room benefits from a drain and a dedicated 125 Amp, 120 Volt electrical sub-panel. There is a laundry sink and upper and lower cabinets for ample storage.
DEN/OFFICE
This octagon shaped room has a built in bookcase and crown molding. It is connected to the computer network category 5 cable server in the main floor office. It is also wired for telephone, cable and satellite TV with dedicated category 5 computer outlets. Lighting consists of incandescent light.
BATHROOM
The full bathroom has a tub/shower combination with a raised tile look. There is a tile floor and tile countertop and backsplash. Lighting consists of a flush ceiling mounted 1200w heat/light/fan unit and a mirror bar light.
BEDROOMS
The original owner elected not to close off the two bedrooms in lieu of creating a larger master bedroom. If the current master bedroom were to be converted back to a two bedroom arrangement, each bedroom would have an eight foot closet with double-bi-fold doors and a vinyl coated metal shelving system. Lighting would consist of antique style ceiling lights.
STORAGE
There is a large guest closet in the hall and extra space under the stairs.
PATIO
There is a large patio area covered by the deck and veranda above. There is a gas line for grilling.
EXTERIOR AND LANDSCAPING
The exterior consists of clear cedar 4' lap siding with cedar corner boards and trim. The front of the house has shutters, sunbursts, corbels and diamond shaped cedar shakes on all gable ends. All of the exterior cedar siding has been painted with an oil based primer sealer and a latex base finish coat. The lower yard has a 100' x 5' rockery and large rock steps between the upper and lower yard. The yard has a 6' cedar fence and is completely landscaped. The entire rear (south) side of the home is on a permanent multi-acre wet land to offer privacy and seclusion.
SQUARE FOOTAGE
Main Floor: 2070 Square Feet- Kitchen, Family Room, Living Room, Dining Room, Office, Powder Room, Utility Room, Entry Hall & Stairway
Upper Floor: 1490 Square Feet- Four Bedrooms, Three Full Bathrooms, Stairway & Hallway
Daylight Basement: 1490 Square Feet- Kitchen, Living Room, Utility Room, Office, Bath, Bedroom(s)
Deck & Veranda: 622 Square Feet
Three Car Garage: 938 Square Feet
Attic: 938 Square Feet
Thursday, July 17, 2008
Housing Market Becoming More Balanced as Sales Climb to Highest Level in 10 Months
Posted by David Edwards under For Buyers, For Sellers, Regional - West, Statistics, News & Media, Regional News, Renton
KIRKLAND, Wash. (July 7, 2008) - Home sales around Western Washington last month reached the highest level since August 2007 as market conditions continue to favor buyers, according to a new report from Northwest Multiple Listing Service.
Prices in most counties were down compared to a year ago, but up slightly compared to May. Inventory showed signs of returning to a more balanced market.
Northwest MLS members reported 6,470 pending sales system-wide during June, the highest volume since August when members notched 7,751 pending sales (offers made and accepted, but not yet closed). Compared to the same month a year ago, pending sales were down nearly 30 percent. Eleven of the 19 counties in the MLS service area reported increases in the number of pending sales last month from May.
Members added 13,187 new listings of single family homes and condominiums to inventory (the fewest number since February). With those additions, the number of active listings in the MLS database totaled 50,143, about 10.9 percent more than a year ago. On a percentage basis, there has not been a year-over-year change this small since December 2005 when inventory rose just 2.3 percent from December 2004.
Abundant inventory tends to favor buyers, but the local market is more balanced than most parts of the country. Of existing homes available for sale, the National Association of REALTORS reported a 10.8 month supply for May at the current sales pace.
An analysis of the Northwest MLS database for June activity shows a 5.9 month supply in King County, a 6.7 month supply in the 4-county Puget Sound region (King, Snohomish, Pierce and Kitsap counties), and a 7.4 month supply system-wide (19 counties).
Many housing experts say a 6-month supply creates equilibrium being buyers and sellers.
"Home buyers are starting to get off the fence and into the market, drawn by drops in home prices in many areas and armed with greater access to affordable mortgages," commented Richard Gaylord, president of the National Association of REALTORS® (NAR). "Today's buyer plans to stay in a home for 10 years, which is a good strategy for building long-term wealth" Gaylord, a broker in Long Beach, Calif., said in a news release issued by NAR in late June.
Prices for sales of single family homes and condominiums (combined) that closed during June dipped 5.7 percent from twelve months ago. The median price for last month's completed sales was $314,900, down from the year-ago median of $334,000, but compared to May, prices rose about 1 percent.
In the four-county Puget Sound region, the median selling price for last month's completed sales was $340,000. That's down about 6 percent from a year ago when the median price was $361,900. It is unchanged from May.
Prices for single family homes (excluding condos) that sold last month dropped 7.8 percent from a year ago, while condo prices crept up slightly (0.80 percent).
Condo prices in King County, where about two-thirds of the sales occur, rose about 5.3 percent last month compared to a year ago. From May to June, condo prices increased about 2.5 percent.
Western Washington's housing market continues to fare better than most metropolitan markets around the country, buoyed by a relatively healthy economy and growing population.
Along with ample inventory, house-hunters have access to a broad array of financing options. Rates on 30-year mortages averaged 6.35 percent last week, reversing a pattern of five straight weeks of increases, according to Freddie Mac. A year ago, rates on 30-year mortgages stood at 6.63 percent.
Brokers also point to FHA-insured loans and higher loan limits as an option for first-time home buyers and people with flawed credit. Such loans require only a 3 percent down payment and allow borrowers to use gift money for down payments and closing costs. In February, as part of a stimulus package approved by Congress, the FHA increased the loan cap in the Seattle-Bellevue-Everett metropolitan area from $362,790 to $567,500.
Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes approximately 31,000 brokers and agents. The organization, based in Kirkland, currently serves 19 counties, mostly in western Washington, plus Grant, Kittitas and Okanogan counties in the central part of the state.
This was a press release provided by the Northwest Multiple Listing Service.
David Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.
KIRKLAND, Wash. (July 7, 2008) - Home sales around Western Washington last month reached the highest level since August 2007 as market conditions continue to favor buyers, according to a new report from Northwest Multiple Listing Service.
Prices in most counties were down compared to a year ago, but up slightly compared to May. Inventory showed signs of returning to a more balanced market.
Northwest MLS members reported 6,470 pending sales system-wide during June, the highest volume since August when members notched 7,751 pending sales (offers made and accepted, but not yet closed). Compared to the same month a year ago, pending sales were down nearly 30 percent. Eleven of the 19 counties in the MLS service area reported increases in the number of pending sales last month from May.
Members added 13,187 new listings of single family homes and condominiums to inventory (the fewest number since February). With those additions, the number of active listings in the MLS database totaled 50,143, about 10.9 percent more than a year ago. On a percentage basis, there has not been a year-over-year change this small since December 2005 when inventory rose just 2.3 percent from December 2004.
Abundant inventory tends to favor buyers, but the local market is more balanced than most parts of the country. Of existing homes available for sale, the National Association of REALTORS reported a 10.8 month supply for May at the current sales pace.
An analysis of the Northwest MLS database for June activity shows a 5.9 month supply in King County, a 6.7 month supply in the 4-county Puget Sound region (King, Snohomish, Pierce and Kitsap counties), and a 7.4 month supply system-wide (19 counties).
Many housing experts say a 6-month supply creates equilibrium being buyers and sellers.
"Home buyers are starting to get off the fence and into the market, drawn by drops in home prices in many areas and armed with greater access to affordable mortgages," commented Richard Gaylord, president of the National Association of REALTORS® (NAR). "Today's buyer plans to stay in a home for 10 years, which is a good strategy for building long-term wealth" Gaylord, a broker in Long Beach, Calif., said in a news release issued by NAR in late June.
Prices for sales of single family homes and condominiums (combined) that closed during June dipped 5.7 percent from twelve months ago. The median price for last month's completed sales was $314,900, down from the year-ago median of $334,000, but compared to May, prices rose about 1 percent.
In the four-county Puget Sound region, the median selling price for last month's completed sales was $340,000. That's down about 6 percent from a year ago when the median price was $361,900. It is unchanged from May.
Prices for single family homes (excluding condos) that sold last month dropped 7.8 percent from a year ago, while condo prices crept up slightly (0.80 percent).
Condo prices in King County, where about two-thirds of the sales occur, rose about 5.3 percent last month compared to a year ago. From May to June, condo prices increased about 2.5 percent.
Western Washington's housing market continues to fare better than most metropolitan markets around the country, buoyed by a relatively healthy economy and growing population.
Along with ample inventory, house-hunters have access to a broad array of financing options. Rates on 30-year mortages averaged 6.35 percent last week, reversing a pattern of five straight weeks of increases, according to Freddie Mac. A year ago, rates on 30-year mortgages stood at 6.63 percent.
Brokers also point to FHA-insured loans and higher loan limits as an option for first-time home buyers and people with flawed credit. Such loans require only a 3 percent down payment and allow borrowers to use gift money for down payments and closing costs. In February, as part of a stimulus package approved by Congress, the FHA increased the loan cap in the Seattle-Bellevue-Everett metropolitan area from $362,790 to $567,500.
Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes approximately 31,000 brokers and agents. The organization, based in Kirkland, currently serves 19 counties, mostly in western Washington, plus Grant, Kittitas and Okanogan counties in the central part of the state.
This was a press release provided by the Northwest Multiple Listing Service.
David Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.
Thursday, June 5, 2008
Issaquah Open House This Weekend
Posted by David Edwards under For Buyers, Regional - West, Open Houses, Listings, New Listings, Local Events Calendar, Issaquah
Open House Sunday June 8th from 1:00 PM to 4:00 PM
372 Shangri La Way NW Issaquah, WA 98027
Price: 359,890
Bedrooms: 2
Bathrooms: 2.5
Square Feet: 1090 SF
Lot Size: 913 SF
Year Built: 2003
MLS: 28083020
This built-green townhome boasts an open floor plan, 2 car tandem garage & 2 master suites! The dining area flows to a family room with a fireplace & deck access overlooking a greenspace commons. The kitchen features granite counters & stainless appliances as well as a pantry & room for a breakfast nook. The primary master suite accommodates a king size bed, features 2 walk-in closets & a 5 piece bath with an oversized tub & raised counters. This Talus home is adjacent to a state park & busline.
Property Website: http://davidjedwards111.topproducerwebsite.com/23614.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=23614
Directions: From I-90, Take Exit 15. Head South on SR 900. Turn right onto Talus Drive. Turn right onto Shangri La Way NW. Home is on right.
If you can’t make it to the open house but would still like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers on the Eastside.
Tuesday, May 27, 2008
FHA Loans & Home Inspections
Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, General Information
FHA Loans are popular again!
Today, Home Inspectors are required to be structural Pest Inspectors.
A Structural Pest Inspector identifies wood destroying organisms, insects, rot or conducive conditions.
If your client has an FHA / VA loan, be sure to tell your home inspector at the beginning of the inspection. Most FHA / VA loans require a final pest inspection prior to closing.
To find out if your home inspector is licensed and has followed the requirments of being a WSDA Structural Pest Inspector, go to:
http://agr.wa.gov/PestFert/LicensingEd/ListStructuralPestinspectors.Asp
This link will take you to a Structural Pest Inspector licensing search.
On Friday march 21st, Governor Gregoire signed Senate Bill 6606 into law requiring the licensing of Home Inspectors in Washington State.
Effective September 1st 2009, Home Inspectors are required to be licensed in the State of Washington.
However, according to the new license laws a home inspector is not required to be a licensed structural pest inspector after that date (9-1-09).
FHA Loans are popular again!
Today, Home Inspectors are required to be structural Pest Inspectors.
A Structural Pest Inspector identifies wood destroying organisms, insects, rot or conducive conditions.
If your client has an FHA / VA loan, be sure to tell your home inspector at the beginning of the inspection. Most FHA / VA loans require a final pest inspection prior to closing.
To find out if your home inspector is licensed and has followed the requirments of being a WSDA Structural Pest Inspector, go to:
http://agr.wa.gov/PestFert/LicensingEd/ListStructuralPestinspectors.Asp
This link will take you to a Structural Pest Inspector licensing search.
On Friday march 21st, Governor Gregoire signed Senate Bill 6606 into law requiring the licensing of Home Inspectors in Washington State.
Effective September 1st 2009, Home Inspectors are required to be licensed in the State of Washington.
However, according to the new license laws a home inspector is not required to be a licensed structural pest inspector after that date (9-1-09).
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