Eastside Seattle Real Estate Blog

Pre-Owned Home Sales Down at Snoqualmie Ridge - October 2012

October Home Sales Drop Sharply - Sellers Should Remain Conservative!

Well in Snoqualmie Ridge anyway, it appears we've come to a screeching halt on the sale of pre-owned homes in October. (Pre-election jitters perhaps?) The momentum we spoke of through the summer, and in October's market update for Snoqualmie Ridge pretty much evaporated over the past few weeks, with half the number of closings, an increase in new listings, and slightly increased inventory. Pending sales have also continued to drop.

Part of this is simply due to seasonality - on average, there's historically less activity as we exit summer. However, as we've been saying for quite some time, while the market dynamics...

Do Open Houses Help Sell Houses? We say YES!

confused womanDrive around Issaquah, Sammamish and Snoqualmie on most weekends, and you'll often seen open house signs.

Most real estate agents and industry experts say that the percentage of homes sold as a direct result of open houses is exceptionally small. However, other agents speak highly of open houses, and depending on the type of home and the price range, we agree that open houses can be a very useful strategy in selling a home.

Accessibility to the Home is Key

No matter the market conditions, getting as many potential buyers into the home can be an important factor in selling it quickly, and at the highest price. Many home buyers tour neighborhoods...

The Role Of Homeowners Associations In Issaquah

home owner's associationsHomeowners associations (HOA) in Issaquah are legal corporations formed by a real estate developer to market, to manage, and to sell homes and lots in a residential subdivision. They are also referred to as "ROA"s or Residential Owners Associations. They're most commonly formed for condominiums and planned urban developments (PUDs), a category which includes suburban communities.

HOA Articles of Incorporation typically grant developers privileged voting rights in governing the association during its infancy, while providing the means for the developer to exit financial and legal responsibility for the organization, transferring ownership to the homeowners of the association. This transfer typically occurs after a predetermined number of units have...

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