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This ‘time' we call now, the one we are all in (more or less) together. The one we refer to as today is the first time in all of human history where all media (as we know it) exists in the same place, on line, on the internet... Via the internet we have online books, newspapers and magazines, online TV and movies, online radio, online video, VoIP, blogs, portals, and mega-rich local and hyper-local information websites of every kind. We're very rapidly moving towards real time web with apps like Twitter, Facebook, and online gaming (for that matter). We can network casually, socially, and professionally on sites like Activerain, Biznik, Linkedin, Yelp, FastCompany, Jigsaw, Yahoo, Meetup, AOL, StepRep, and Retaggr. We can meet in groups and easily do live conferencing online with sites like Vyew. We store our videos and pictures on YouTube, Picasa, Vimeo, and Flickr. We can easily edit pictures on Picnik and we can share, collaborate, edit, and produce documents with Google Docs. All for free... We can start our own groups for reasons of passion, for causes, our business, our own personal or professional interests, and charitable purposes that serve our communities, towns, niche's, neighborhoods, and people in other countries. |
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World events are now reported in real time as they happen, regardless of government censorship and media control. Our age is about the emergence and sharing of information by the amateur. We are there and we witness events by people on the street in real time because they are texting, tweeting, and taking videos and pictures with their cell phones and uploading them to the internet as it happens. They share information with us about the earthquake last year in China, the election and protests in Iran, pirates in Indonesia, landing a jet on the Hudson River, and the election of our very own president. Through technology we've redefined the meaning of local, which is now anywhere, everywhere, anytime a group of people get together online to share interest and purpose. We've redefined the context of what useful knowledge means. If it's not dynamic and immediately shareable, what's the point? |
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My question to anyone in any kind of business is, |
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Renton, Washington 98059 is on the east plateau from downtown. On most maps you’ll see it as: East Renton Highlands. It borders Issaquah on the east, Newcastle on the north, and Renton/Maple Valley on the south. This is a great hill for views. Many homes here have fabulous views of Mt. Rainier and/or the Cascade Mountains. As you head east you can enjoy very scenic and rural views of May Valley, Cougar Mountain, Squak Mountain, Tiger Mountain, Cedar Mountain, and Cedar Grove. We have a rich history of great animal and Indian names for just about everything around here. I love the terrain. Renton is very blessed in that the physical hills, plateaus, and valley naturally define its major neighborhood areas. |
| Residential Transaction Study | 8/5/2009 |
| Project description: Renton WA 98059... single family dwellings (non-waterfront) | |
| yearly market | Most recent transaction: 7/29/2009 | Market (homes): 8160 |
| year | sales | mrkt% | $/sqft | low price | avg price | high price |
| 2009 | 147 | 2% | $162 | $161,700 | $398,013 | $820,000 |
| 2008 | 345 | 4% | $189 | $168,000 | $464,941 | $1,100,000 |
| 2007 | 553 | 7% | $210 | $145,000 | $510,704 | $1,650,000 |
| 2006 | 621 | 8% | $199 | $170,000 | $449,199 | $1,139,000 |
| 2005 | 476 | 6% | $174 | $142,818 | $392,906 | $1,625,000 |
| 2004 | 479 | 6% | $144 | $150,000 | $340,436 | $1,300,000 |
| market by assessed value ranges | Sale $ / assessed value % |
| Assessed Value Range | # | mrkt % | last 12mo | avg sale $ | low | avg | high |
| $10,000-$109,999 | 7 | % | |||||
| $110,000-$209,999 | 50 | 1% | 6 | $606,360 | 187% | 346% | 548% |
| $210,000-$309,999 | 1,657 | 20% | 77 | $262,331 | 18% | 94% | 133% |
| $310,000-$409,999 | 3,399 | 42% | 165 | $352,996 | 6% | 100% | 238% |
| $410,000-$509,999 | 1,736 | 21% | 100 | $444,321 | 49% | 97% | 196% |
| $510,000-$609,999 | 735 | 9% | 61 | $493,674 | 55% | 90% | 111% |
| $610,000-$709,999 | 295 | 4% | 28 | $536,654 | 70% | 83% | 105% |
| $710,000 and up | 170 | 2% | 12 | $687,129 | 56% | 93% | 106% |
| property characteristics |
| 1 story | 4449 | w/ bsmt | 2,057 | platted | 6,923 |
| 1.5 story | 222 | avg bsmt sqft | 1,096 | avg lot sqft1 | 14,591 |
| 2 story | 3446 | w/ garage | 6,138 | unplatted | 1,237 |
| 3+ story | 8 | avg garage sqft | 520 | avg lot sqft2 | 77,086 |
| avg % imprvd | 62% | avg year built | 1981 | avg bldg sqft | 2,194 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
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 | The data used in this report is deemed reliable, but not guaranteed. © 2009 ARFCO MEDIA... Renton WA 98055 |
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Renton zip code 98058 lies southeast of downtown and sits primarily on Benson Hill. There are several unincorporated county neighborhoods using the Renton 98058 zip code like Fairwood and the more rural area further east including Lake Desire, Shady Lake, and Spring Lake. This is a rather large zip code and as you can see in the RTS (residential transaction study) there are over 10,000 single family dwellings. Most of the homes are 1 story and about 2147 square feet. There are several commercial hubs surrounded by apartments and condo’s sprinkled about the area, especially along Benson Highway (state highway 515). Notice the sales price trend over the past 6 months is up and down, although since May, prices are rising. The average length of home ownership is 9.2 years. |
| Residential Transaction Study | 8/3/2009 |
| Project description: Renton WA 98058... single family dwellings (non-waterfront) | |
| monthly market | Most recent transaction: 7/24/2009 | Market (homes): 10978 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Jul | 2009 | 22 | 0.2% | $167 | $373,430 | $326,500 |
| Jun | 2009 | 32 | 0.3% | $152 | $328,457 | $328,975 |
| May | 2009 | 33 | 0.3% | $149 | $353,062 | $330,000 |
| Apr | 2009 | 18 | 0.2% | $157 | $359,572 | $321,107 |
| Mar | 2009 | 19 | 0.2% | $138 | $279,428 | $258,950 |
| Feb | 2009 | 14 | 0.1% | $167 | $386,446 | $405,000 |
| property characteristics |
| 1 story | 6988 | w/ bsmt | 3,837 | platted | 10,043 |
| 1.5 story | 385 | avg bsmt sqft | 1,061 | avg lot sqft1 | 11,343 |
| 2 story | 3583 | w/ garage | 8,043 | unplatted | 935 |
| 3+ story | 2 | avg garage sqft | 456 | avg lot sqft2 | 95,270 |
| avg % imprvd | 60% | avg year built | 1977 | avg bldg sqft | 2,147 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
| | The data used in this report is deemed reliable, but not guaranteed. © 2009 ARFCO MEDIA... Renton WA 98055 |
 | Zip code 98056 is directly adjacent to downtown Renton on the east and continues north up through the neighborhood of Kennydale along Lake Washington and borders the City of Newcastle on the southwest. Newcastle shares a portion of zip code 98056 with the City of Renton. This is a diverse area. It was rather rural in the early days and you’ll find a few homes built in the early part of the last century. It continued to grow steadily but development really took off during World War II. The Highlands, as it is still known to locals, was a government built project in the 1940's. Hundreds of small homes (or as we called them – The Projects) were built to house the thousands of people imported to the area to work for Boeing to build airplanes and Pacific Car and Foundry to build tanks, jeeps, halftracks etc. for the war effort. In 1960 or so the population was around 10 to 12,000. Greater Renton now is considered to be around 100k, but that includes several area that are still unincorporated King County. |
| Residential Transaction Study | 8/3/2009 |
| Project description: Renton WA 98056... Single Family Dwellings (non-waterfront) | |
| yearly market | Most recent transaction: 7/24/2009 | Market (homes): 6050 |
| year | sales | mrkt% | $/sqft | low price | avg price | high price |
| 2009 | 119 | 2% | $167 | $130,000 | $314,819 | $949,500 |
| 2008 | 213 | 4% | $189 | $107,447 | $384,092 | $1,325,000 |
| 2007 | 339 | 6% | $214 | $151,402 | $443,668 | $1,600,000 |
| 2006 | 396 | 7% | $202 | $130,000 | $390,298 | $1,700,000 |
| 2005 | 490 | 8% | $164 | $125,335 | $344,951 | $980,000 |
| 2004 | 404 | 7% | $150 | $133,141 | $307,057 | $1,120,000 |
| market by assessed value ranges | Sale $ / assessed value % |
| Assessed Value Range | # | mrkt % | last 12mo | avg sale $ | low | avg | high |
| $57,000-$156,999 | 5 | % | 1 | $200,000 | 147% | 147% | 147% |
| $157,000-$256,999 | 868 | 14% | 54 | $208,128 | 42% | 89% | 176% |
| $257,000-$356,999 | 2,763 | 46% | 136 | $278,066 | 25% | 90% | 125% |
| $357,000-$456,999 | 1,335 | 22% | 75 | $353,451 | 42% | 87% | 124% |
| $457,000-$556,999 | 461 | 8% | 28 | $450,929 | 19% | 89% | 126% |
| $557,000-$656,999 | 426 | 7% | 20 | $487,077 | 59% | 82% | 107% |
| $657,000-$756,999 | 119 | 2% | 5 | $511,875 | 14% | 74% | 111% |
| $757,000 and up | 29 | % | 3 | $617,750 | 71% | 79% | 86% |
| property characteristics |
| 1 story | 3785 | w/ bsmt | 1,783 | platted | 5,723 |
| 1.5 story | 141 | avg bsmt sqft | 1,002 | avg lot sqft1 | 8,548 |
| 2 story | 2112 | w/ garage | 3,675 | unplatted | 327 |
| 3+ story | 0 | avg garage sqft | 451 | avg lot sqft2 | 17,671 |
| avg % imprvd | 52% | avg year built | 1972 | avg bldg sqft | 1,928 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
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| | The data used in this report is deemed reliable, but not guaranteed. © 2009 ARFCO MEDIA... Renton WA 98055 |
Renton 98055 is mostly downtown and the closely surrounding hills to the east. Note that the average year built is 1977 but in the core areas the homes are mostly built around 1920 through the 1950's. Renton tended to expand in an easterly direction which was more rural and unincorporated.
We won't know until 2009 is over but at the halfway mark homes are selling on average at $18 a square foot less than last year. If you purchased a home here back in 2004 or you'd still be ahead of the game by $17 a square foot.
The sweet spot here is the 59% of homes that are assessed between $280,000 and $379,999. There were 126 sales out of the 2,406 in this niche selling on average at $279,906, or around 90% of the assessed value. I like using this comparison because even though assessed value by the county has little to do with the actual market value, it's a base line. The same rules apply to all. You can get a pretty good thumbnail sketch of values in an area and compare your listing to the inventory.
| Residential Transaction Study | 8/3/2009 |
| Project description: Renton WA 98055: Single Family Dwellings (non-waterfront) | |
| yearly market | Most recent transaction: 7/22/2009 | Market (homes): 4110 |
| year | sales | mrkt% | $/sqft | low price | avg price | high price |
| 2009 | 63 | 2% | $154 | $155,000 | $333,379 | $1,419,221 |
| 2008 | 165 | 4% | $172 | $140,000 | $350,785 | $673,657 |
| 2007 | 215 | 5% | $196 | $150,000 | $439,243 | $1,200,000 |
| 2006 | 291 | 7% | $190 | $143,268 | $422,465 | $1,000,000 |
| 2005 | 269 | 7% | $161 | $170,000 | $352,430 | $830,000 |
| 2004 | 181 | 4% | $137 | $120,000 | $265,261 | $610,000 |
| market by assessed value ranges | Sale $ / assessed value % |
| Assessed Value Range | # | mrkt % | last 12mo | avg sale $ | low | avg | high |
| $80,000-$179,999 | 36 | 1% | 4 | $153,300 | 94% | 102% | 108% |
| $180,000-$279,999 | 707 | 17% | 32 | $239,703 | 34% | 98% | 189% |
| $280,000-$379,999 | 2,406 | 59% | 126 | $279,906 | 3% | 90% | 122% |
| $380,000-$479,999 | 630 | 15% | 36 | $351,899 | 46% | 84% | 148% |
| $480,000-$579,999 | 137 | 3% | 14 | $518,366 | 73% | 99% | 123% |
| $580,000-$679,999 | 133 | 3% | 8 | $509,256 | 71% | 80% | 97% |
| $680,000-$779,999 | 15 | % | 1 | $469,900 | 69% | 69% | 69% |
| $780,000 and up | 8 | % | 3 | $637,500 | 77% | 77% | 77% |
| property characteristics |
| 1 story | 2443 | w/ bsmt | 1,452 | platted | 3,706 |
| 1.5 story | 118 | avg bsmt sqft | 1,060 | avg lot sqft1 | 12,324 |
| 2 story | 1545 | w/ garage | 2,851 | unplatted | 404 |
| 3+ story | 0 | avg garage sqft | 464 | avg lot sqft2 | 65,512 |
| avg % imprvd | 60% | avg year built | 1977 | avg bldg sqft | 2,066 |
| avg # beds | 3 | avg # baths | 2 |
| 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties | |
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| | The data used in this report is deemed reliable, but not guaranteed. © 2009 ARFCO MEDIA... Renton WA 98055 |
Social Media Marketing, Web Presence Development, Online Business Strategies, and Marketing Consulting.
René Fabre, Social Media Marketing and Internet Technology...
Renton, WA 98055
an Audiorium Enterprise © 2009
René is well known for his innovative marketing programs. He is a sought after speaker and motivator known for his knowledge, keen interest, and insightful approach to contemporary marketing ideas and technologies. His obvious passion for the subject is well known and contagious. He frequently gives workshops and round table conversations on Internet Marketing, Social Media Marketing, and Lead Generation. René is a long time resident of Renton, Washington.
“René is a pioneer in the application of new web tools to marketing. He's got a creative mind and the kind of get-it-done attitude that makes people want to sit up and listen. Do listen. You'll be glad you did.”
Meri Walker - The Virtual Meeting Coach, Ashland, Oregon
"I met René through an online real estate network and decided to meet him in person when he was doing a presentation in Portland. As someone who prides himself as somewhat of a web guru as I do, I am pretty hard to please. But, René proved he knew his stuff and knew it well and really impressed me. If you need someone to teach you or your company how to get online and stay in front of your clients, call him, he will help you get to the top of Google in no time."
Todd Clark - Broker/Sales Coach Palazzo Realty Group, Beaverton, Oregon
René "Gets it" is the best way I can describe the value he brings to the conversation. I attend as many events that René is at knowing that I will bring away many nuggets of gold that I can use in my business immediately.
Scott Cowan - Keller Williams, Gig Harbor, Washington
"I admire René for his exceptional knowledge of technology and his uncany ability to convey that knowledge in layman's terms so that others can actually put effective tools in place enhancing their businesses and/or personal lives."
Kim LaMantia - Collison Realty LLC, Tacoma, Washington
Rene is very knowledgable about the real estate industry, social media, and is a great person to know!
Kevin & Monica Ray - Access Realty, Missoula, Montana
"René’s ongoing quest for online marketing information is really a HUGE help for busy Real Estate Professionals. The social networking masterminds and training meetings are very worthwhile. Thank you, René!"
Fay Ainsworth - Keller Williams, Federal Way, Washington
“The primary reason for the brilliance of René is that he is always working on the next composition-it may be music in his mind but comes out as incredible marketing ideas, articulate writing, and a passion for the creative side of business. He is an inspiration to everyone and a master at collaboration.”
Janet Matzke - Account Manager, Ticor Title, Tacoma, Washington
"Rene is an excellent teacher for the internet. He put into plain language for my agents, why and how they integrate their business with the new age of the internet."
David Culbertson - Principal Broker/Owner, Coldwell Banker Pro West, Medford, Oregon
“René has been absolutely wonderful to work with. He is a very positive and creative person that is always willing to think outside the box for new ideas. He is a highly requested speaker and is thought of as a walking wealth of knowledge.”
Nicolle Ettel - Business Development Specialist, Ticor Title, Salem, Oregon
“Within a company there are always a couple of individuals who I consider leaders in their field. René Fabre is one of those individuals! His unique perspective on our industry and his ability to implement innovative tools and processes help me tremendously in my market center. René is a great person to work with and to team with!”
Matt Houston - VP/Sales Manager, Ticor Title, Portland, Oregon
“René is a creative thinker and has provided some of the most unique and exclusive tools for us. He is always in inspiration to think outside the box!”
Rosi Green - Business Development Specialist, Ticor Title, Silverton, Oregon
“René is a great trainer and very well educated in the IT field.”
Lorraine Klopfenstein, CRS, RE/MAX Performance Plus, Renton, Washington
“René is a visionary who has the ability to come up with innovative tools to help our clients grow their business. He has developed many exclusive tools that have helped Ticor's market share grow very quickly. His knowledge and dedication is a big asset to our company and our clients, and he is always willing to help all members of the team. Without hesitation I recommend working with René if you have the opportunity. You will find he has the ability to design and implement strategies that are second to none in our industry, and will grow your business.”
Victoria Linton, Owner - Everything Is Coming Up RosieDaisy! Portland, Oregon
“René is a great asset to the Ticor family. He manages to keep everyone on top of what is going on in the market and help us to stay in front of our clients with useful tools and resources!”
Heather Williams - Sales/Business Development Specialist , Ticor Title, Portland, Oregon “René sifts through miles of internet info and gives us the best. His suggestions are tools that can be used immediately. He is smart, reliable, fun, and always a pleasure. René makes me and my business associates smarter.”
Julie McCullough Hale - Title & Escrow Sales , Ticor Title , Seattle, Washington
“René is a visionary and a wonderful teacher. He helped design successful sales and marketing programs that were used on a regional basis. His presentation and sales skills are exceptional and he is able to really "speak" to the real estate community about upcoming trends.”
Adria Quinones-Masur, AVP/Sales Manager, Ticor Title Company, Santa Clara, California
“René, thank you for your continued information and I truly value your insights to the web and beyond, you're awesome..."
Candis Wade - Education & Marketing, Ticor Title Company, Coos Bay, Oregon
“René is a wealth of knowledge and expertise when it comes to marketing and programming. He is hands down the best at what he does and always gets it done with a smile. I worked directly with René in our customer service division where he designed not only the marketing pieces but the programs (PI3/PI4) we worked from. He is reliable and professional and the number one man for the job.”
Denise Baker - Escrow Assistant, Ticor Title Company, Seattle, Washington
“I found René to be a resource without end, constantly looking for a new way to use technology to advance our company and make our jobs more productive. René has been directly behind many of the tools that I use on a daily basis and is always available to help with any ideas or areas you may need. René is wonderful to work with and has a great attitude that brings an excitement to any project he’s involved with.”
Timothy McElroy Ciulla - Information and Marketing Support, Ticor Title, McMinnville, Oregon
“René is an extremely bright VP with unique ideas that benefit the entire company. René is constantly creating marketing campaigns designed to help work flow, increase exposure and help customers have ease of doing business with his company. René always has a smile on and is a joy to work with. He tends to look at the big picture to make very educated decisions.”
Becky Daily, Area Sales Mgr, Ticor Title, Seattle, Washington
“If you want to know more about how technology can help your business, contact René. He's up on what works, more importantly he's up on what's relevant.”
Ryan Kalalau - Sales Manager, Ticor Title Company, University Place, Washington
“René is brilliant! René’s ability to connect people with great marketing tools is exceptional.”
Kay Wissman - VP/County Manager, Ticor Title Company, Roseburg, Oregon
"Rene is a mentor through various networking groups and freely gives his great knowledge and expertise to all who request it. He has helped me improve both my individual and my companies online presence and brand."
Rob Rieder - Real Estate Consultant, Tacoma, Washington
"Wow, what a great resource, and what a wonderful impact Rene has had on so many people in such a short amount of time! This self-described 'explorer' would be called 'expert' by anyone else. Both are accurate."
Scott Lewis - Real Estate Facilitator, Coldwell Banker Pro West, Medford, Oregon
"I have attend two of Rene's seminar's and I have always walked away with great information I can use in my business immediately. The information is timely and relevant and leaves me with a little homework. Thanks Rene!"
Leslie Stewart - Realtor, CRS, eCertified, Broker, Prudential Real Estate Professionals, Stayton, Oregon
"Rene is a valuable resource when it comes to networking information. With Rene's help I have taken my online networking 10 steps ahead of any where I could ever have gone on my own."
Sean Keane - Realtor, Broker, Keller Williams Realty, Portland, Oregon
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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