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Rob Graham

How to Prepare your Home for Sale

10-31-08
Rob Graham

Home owners!

Before you run out and spend thousands of dollars to remodel you home to get it ready to sell, watch this video.  You may be surprised at what you need to do and more importantly, not do, to get your house ready to sell. 

 

September '08 Average Seattle Condo Prices

10-30-08
Rob Graham

As promised here are the latest numbers for Seattle condo prices. Below the graph is the raw data for the past four years. Funny that the numbers are een more encouraging then those for single family home prices. We are only off 4-5% from the hoghs of a year ago.

As with single family home prices, the numbers vary greatly from neighborhood to neighborhood. If you would like to see the data for a particular neighborhood, leave me a comment and I'll be happy to post it.

Average Seattle Condo Prices

Date 10/04 2/05 6/05 10/05 2/06 6/06 10/06 2/07 6/07 10/07 2/08 6/08 9/08

For Sale

758 622 513 560 502 670 927 902 1381 1642 1490 1631 1584

Sold

238 231 364 278 210 312 259 230 401 240 214 229 180
Months of Inventory based on Closed Sales 3.2 2.7 1.4 2.0 2.4 2.1 3.6 3.9 3.4 6.8 7.0 7.1 8.8
Avg. Sld Price 271 292 310 341 301 322 347 356 351 371 364 399 340
Sold/Orig LP Diff. % 97 101 99 99 99 99 98 99 97 96 96 95 94
Avg CDOM 0 0 43 35 45 33 38 58 47 66 81 87 107

Median Price

240 252 262 264 255 274 283 322 300 317 304 318 308

September '08 Seattle Home Prices

10-29-08
Rob Graham

I know you guys love to hear the stats. I am happy to oblige. Here is a graph showing what the current median home price is doing in Seattle. Below the graph is the raw data for those of you who want to dig into it. The price for the most recent month of $420K is down roughly 13% from the highs of June 2007. Keep in mind a couple of things: First of all prices typically spike in the summer so it is best to compare year over year at the same time of year. We should expect prices to flatten out or dip a little further this winter. Also, keep in mind that the value within a specific neighborhood may be very different then the overall Seattle stats.

If you want to see a specific neighborhood, let me know and I can post it.

I'll post the condo stats tomorrow. Enjoy.

Average Seattle Home Prices

Date 10/04 2/05 6/05 10/05 2/06 6/06 10/06 2/07 6/07 10/07 2/08 6/08 9/08

For Sale

1742 1320 1489 1701 1333 1631 2083 1546 2319 2961 2678 3128 3210
Sold 735 561 952 789 538 944 669 544 861 511 454 571 448
Months of Inventory based on Closed Sales 2.4 2.4 1.6 2.2 2.5 1.7 3.1 2.8 2.7 5.8 5.9 5.5 7.2
Avg. Sld Price 404 429 506 487 479 545 524 501 570 583 548 587 484

Sold/Orig LP Diff. %

98 100 99 99 99 99 99 98 98 97 95 95 94
Avg CDOM 30 35 49 35 34 58 39 49 79 64 81

Median Price

340 360 404 400 408 450 445 432 475 450 448 460 420

Using Seasonal Photos to Sell Your Home.

10-29-08
Rob Graham

Hey gang,

Here is my latest video talking about taking photos throughout the year so that you have them when it comes time to sell your home. 

For more videos check out my you tube channel:

http://www.youtube.com/user/RainCityRealEstate

 

Are gas prices a sign of things improving?

10-29-08
Rob Graham

Are Gas Prices a Sign of Improvement?I took this photo this morning on my way to the office. I know it isn't earth shattering but I think it is a big deal. Just a few months ago we were all scared that gas prices were going to hit $5 per gallon and now we are looking at almost half of that.

Gas prices along with the Dow in my opinion are the two biggest gauges that people use to determine how the economy is going.

It makes perfect sense too. On your way to work or to drop the kids off as school, you are bombarded with dozens of neon billboards reminding you how much we need to pay per gallon. If the prices are higher than they were last week, you feel a bit of a tug on your wallet. The opposite is true if the prices are coming down.

Gas prices have a wide effect on the economy as well. Gas Prices affect the cost of everything in this country that is delivered by truck or plane, which is almost everything. With the election next week, and gas prices down I think there is reason for people to feel a little better. Now if we could just get the stock market to calm down maybe we would all go back to normal.

Just thought I would share.