Green Lake & Phinney: Some Interesting Properties Out There Right Now..

Phinney Ridge real estate & Green Lake real estate are two of my favorite things,but right now especially there are some pretty interesting properties out there. The interest rates are still quite low even as they leap and fall between the mid to upper 4% range and mid 5% range. I don't remember ever seeing this much volatility in the interest rates, but at least they are low no matter what for now! This makes looking at some of these Seattle neighborhood houses a better deal.

Both Green Lake and Phinney Ridge have some wonderful properties close to the lake itself - from old craftsmans (both updated and in need of love) to green built townhomes to century old larger houses with views and in close proximity to the lake (shhhh: here is my secret dream house in Green Lake).

In fact, 2009 Seattle real estate seems to be off to a good start with low interest rates and buyers coming out to take a look at the inventory available. The biggest problem I am having besides trying to get sellers to be realistic in this market is making sure that there is enough inventory to show to my Seattle buyers. I am seeing a lot more activity lately in the $500,000 and under category and there are plenty of choices out there for these buyers where there may not have been in previous years. The competition is also not as fierce even in the $300,000 and under markets. I have run into two multiple offer situations already this year and it is only January, but it is nothing like I have seen before so far. I don't anticipate this being the norm, but there are also unheard of price reductions in the market at this point.

Courtney Cooper, Designated Broker, Cooper Jacobs Real Estate Services,Seattle Realtor serving Seattle real estate, Member Built Green