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Home Sales Report for Bellevue WA. Median list price is $699,000 with 585 properties that have been on the market for an average of 247 days. With inventory trending up but days-on-market and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull. Supply & Demand - The market has settled in at a relative stasis in inventory and sales conditions. It's a buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly. In the Downtown Bellevue, and Wilberton Neighborhoods we have seen inventory tightening now for several weeks.
As of 2/08/10 here are the real estate home sales stats for the all Neighborhoods in the Bellevue, Washington areas. The home sales and listed homes here are from the last 7 days to give a better reflection of what is going on in all the Bellevue neighborhoods during any given week.
| Active: 412 | Pending: 194 | Sold: 5 | Other: 0 | Total: 611 |
| Bedrooms | Bath | Sqft | List Price | Selling Price | DOM | |
| Minimum | 0 | 0.00 | 860 | $220,500 | $285,000 | 0 |
| Average | 4 | 2.80 | 2,986 | $949,293 | $1,067,300 | 99 |
| Median | 4 | 2.50 | 2,550 | $650,000 | $405,000 | 69 |
| Maximum | 10 | 8.00 | 9,430 | $8,995,000 | $3,020,000 | 735 |
| Total Dollar Value | $5,336,500 |
| Average DOM Breakdown and Average % of List Price received on Solds by Market time: |
| 0-30 Days | 31-60 Days | 61-90 Days | 91-120 Days | 120+ Days | |
| No. of Listings | 0 | 1 | 0 | 1 | 3 |
| Breakdown % | 0.00 | 20.00 | 0.00 | 20.00 | 60.00 |
| Avg SP % LP | 0.00 | 100.00 | 0.00 | 107.55 | 94.93 |
For a complete list of homes for sale in the Downtown Bellevue, Crossroads, & Wilberton Neighborhoods of the Bellevue Washington real estate market, please call or Click here, to request an update.
Other Bellevue Neighborhoods:
If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.
Download Bellevue Market Statistics Now:
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Hi there: I like probably most of America just finished watching the New Orleans Saints win Super Bowl XXXXIV. I hope I got that right-44! It made me think about redemption and how appropriate it is.
I remember when Hurricane Katrina hit in 2005. My first thought was I needed to be there and help. Unfortunately I couldn't be but I think the New Orleans Saints left an indelible impression on most of us as they plowed through the season and became World Champions. This is a team that had to relocate out of New Orleans that year as their stadium was destroyed. This is a team that had never been to the Super Bowl before and, for the most part, had had a moribund existence in the NFL. This is a team that showed unbelievable character this year. I saw it when they played the Vikings two weeks ago and today when they were quickly down 10-0 and never gave up.
What can we learn from the New Orleans Saints? Sometimes the road is long and hard and there is very little light at the end of the tunnel If you're like me you've experienced these days, especially if you're in real estate. But I'm always reminded that if a person quits, a lot of times they'll never know how close they were to succeeding. That and the fact that I love what I do keeps me going. Looking at Drew Brees, the Saints quarterback, who has toiled harder than anyone makes you realize what it sometimes takes to succeed.
Tonight I am heartened. I always have cheered for the underdog and I feel like the New Orleans Saints represent the everyday man. Don't get me wrong. I'm a huge fan of Peyton Manning, the Colts quarterback. But tonight I wanted the Saints to win; especially because of everything they've been through.
Remember this. When you're most disheartened and despondent, someone is out there pulling for you. The New Orleans Saints are a great example in my opinion. Have a great night and an awesome start to your week!
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Good morning! It's Super Bowl Sunday! I haven't turned on the TV yet but would bet the ex-jock pundits are already on ESPN talking about the matchups, etc. I also haven't heard the numbers about how much it will cost advertisers for airtime or who they'll be this year.
One thing that strikes me is it seems a little more downplayed than in years past. Or maybe it's just me. Don't get me wrong. I'll be watching and hoping the Saints (Who Dat?) win. They're probably America's choice after everything New Orleans has been through. But could it be with our economic downturn, earthquake in Haiti, etc., etc. that we're starting to look for a little more than a big football game?
I will still watch. I don't think I've ever missed one. This must be number 43. The first year I was cheering for my favorite team at the time, The Green Bay Packers. This Super Bowl should be really exciting. The top two teams record-wise are playing, they have prolific offenses and the two best quarterbacks in the game. What are you up to today? Is the Super Bowl part of your plans? Have a great day!
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Hello all: I hope you're enjoying your weekend. The weather was nice today. We've had an incredibly mild winter; I'll take it every time! So you're shopping for a mortgage? Here are my thoughts.
1) Good for you. You as a consumer have the right to do that. In fact, I encourage it. Let me say that I will qualify that a bit. If it's just about the lowest rate and fee, you'll probably find a better option than me. My company has access to all the major lenders. We are a mortgage banker and are as competitive if not more so than anyone else. The Legacy Group also prides itself on top-notch and life-long service built on relationships. Occasionally I've lost a deal to a lender who who has charged less in fees, etc.
Honestly, my one hope is you get the service you're expecting. Let's face it. I could find you a great deal with some online lender that is out of state. But will you be able to have your loan closed smoothly? Sometimes and sometimes not. Personally I think service will always trump rates and/or fees unless that's all you're looking for.
2) The playing field has diminished greatly these days. It is estimated that up to 50% of the mortgage companies nationwide will fail this year due to less projected loan originations, etc., etc. Take your time to interview more than one loan officer before making your decision. Get referrals from your friends, co-workers, family, etc. Expect to spend at least 1/2 hour seeing if this is someone you can work with. You've probably heard this is the biggest financial decision you will ever make. Don't take this lightly. I've seen people rush to get something done and then heard the horror stories about how difficult the loan process was for them.
3) As of January 1 of this year, it became a little harder for you to shop for a loan. That's because the Good Faith Estimate was changed. Now a loan officer might be a little more reluctant to give you one (You may receive a non-binding Estimate of Fees sheet instead) until you've made a commitment to them. The reason is The Good Faith Estimate is now a binding agreement that must be accurate in most areas (the exceptions are on title and escrow to name a couple). Before this wasn't true although it was in the best interest of the loan officer to have an accurate Good Faith Estimate.
4) You can Google a list of questions to ask a prospective loan officer. You know what you're looking for. Don't be afraid to volunteer this information. I know I'm not a mind reader.
In closing, I still believe that service trumps everything else. I don't think you need to necessarily choose someone who's been in business forever. There are bad apples and bad fits in every bunch. But, again, take the time to get to know who you'll be working with. I'm curious what you've found. At one time or another we've all had to shop for a mortgage. Share your good and bad stories if you like. Thanks for reading!
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Hi all: I probably just came off one of my most frustrating weeks in a while. I haven't been bored in a while which is good. The two together would be tough to deal with!
What was my solution? Thursday I took off a little early and went and saw my new grandson Sam. Sam is almost five months old now. Life is generally good for him except when his mouth hurts (he's cutting teeth) or his diaper is wet. His favorite thing to do is to stand up. He gets really excited. It makes me completely forget how tough and unforgiving the mortgage business can be. It's always been this way; it's just that now it's extra tough to get loans approved even though we're a premier outfit with over 200 employees. Heaven help the little guy right now!
Today I spent time with an old friend of mine who has struggled of late. He had to go through drug rehab. near the end of last year and he's just getting on his feet again. The good news is he's lost probably close to 30 pounds (weight he needed to lose) and still is trying. Again, sometimes I find that spending time with others makes me realize how fortunate I am. It doesn't mean I don't have the occasional pity party. I do. I just have to remind myself that it's not all about me!
What do you do when frustration and/or boredom sets in? I'm curious and would like to hear your thoughts. I hope you're enjoying your weekend!
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