May 28th, 2008
Posted by Larry Cragun
I ran across some interesting numbers when perusing My Space Real Estate News – where our Real Estate Undressed content is fed. This data came from another great national blog: The Real Estate Bloggers. With prices holding up, many folks that would have lost their homes were able to sell.
This info illustrates when the current home prices were last seen by market. This is using Case Schiller data. Visit The Real Estate Bloggers for a more complete view.
City March-08 Last Time This Low
Atlanta 124.61 March, 2005
Boston 158.54 August, 2004
Chicago 150.35 January, 2005
Cleveland 106.42 February, 2002
Denver 127.43 February, 2004
Las Vegas 169.31 April, 2004
Los Angeles 207.11 June, 2004
Miami 208.88 January, 2005
Minneapolis 142.24 June, 2003
New York 196.58 June, 2005
Phoenix 166.97 March, 2005
Portland 174.39 April, 2005
San Diego 185.44 December, 2003
San Francisco 168.38 May, 2004
Seattle 178.29 June, 2006
Tampa 182.26 February, 2005
Washington DC 202.34 October, 2004
May 27th, 2008
Posted by Larry Cragun
The closed home map is updated. click here
The map has sold and ask prices for Issaquah homes, closed, since March 1, 2008. The information is taken from the NW MLS data.
May 26th, 2008
Posted by Larry Cragun
Courtesy of Loan Central:
3 Month Trend fof the National Average Rate for 30 Year Fixed Loans Priced with 1 discount point.
Note in the graph above almost 70% of Mortgage Execs Surveyed expect rates will go up.
So you complained about the market, the economy was bad. Then you prayed it would recover.
See, this is what you get.
Tags: rate+survey, mortgage, real+estate
May 23rd, 2008
Posted by Larry Cragun
Community Garage Sale Saturday, June 21, 9:00am-4:00pm
Our kids call it the best garage sale they have ever seen.
It is just the best.
May 20th, 2008
Posted by Larry Cragun
We are going to post these Isssaquah Highlands real estate statistics monthly. The data regarding Issaquah is to be on Issaquah Undressed and here on Issaquah Highlands Undressed.
We at the DiBello group are now able to provide you this data in this great format. You can login to the premium search and sign up for an account that will give it to you without waiting for us to post it.
It is also available by most neighborhoods, ie. Klahanie, Talus, etc.
Below: Supply vs Demand:
Below Absorption Rate:
Below: Median price: upper and lower
Below: Average Sold Price
Below: Sold vs Original list price:
May 19th, 2008
Posted by Kathleen Cragun
VOLUNTEERS NEEDED
Posted by Kathleen Cragun
Issaquah Highlands has many great events for us to participate in. The biggest one of the year is coming up. It is sort of our 4th of July Celebration. HIGHLANDS DAY! June 28th. It may seem far away but time flies and there is lots to be done.
I have been told it takes about 200 volunteers to put this all together. Have fun, get to know your neighbors and help at the same time. There are carnival games, rides, food, a parade plus much more. Can you help? Contact christy.g@ihcouncil.org
There are also chances to promote your business. Business booths are available Contact Lorrie.t@ihcouncil.org.
May 17th, 2008
Posted by Larry Cragun
Since March I have been updating and posting real estate sales information on this blog. It is in map format. I am posting it this way for those who want a quick look by neighborhoods. To me, looking a a list of homes for sale or homes sold is a bit cumbersome. I like the map and hope you do to.
The map includes sales of both condominiums and homes.
Because these are closed real estate transactions I can post both the listing price and the sales price. Check the balloon icon to see that info.
Click Here For the Map of Issaquah Sold Homes.
Note the different colors represent different months.
Larry Cragun
Tags: issaquah+highlands, sold+homes
May 16th, 2008
Posted by Larry Cragun
Sure, we all want like to dream about that nice mansion.
That is why watching my wife Kathleen make Street Of Dreams mansions award winners was so fun. But as I speak with a lot of people where we shop in Issaquah, the perception is that only the rich can buy here.
Starter home prices have been falling, in fact all across the board prices have dropped.
Not only that we are the beneficiaries of the ARCH program. There are many ARCH controlled, or approved, homes on the market. It is a bit of headache going through the ARCH approval process, but at this time it isn’t necessary.
After a reasonable period of time the seller may sell an ARCH home to anyone. The income restrictions are removed. ARCH still controls the sales prices, but that seems to be reasonable, in fact in this market gives a buyer an advantage.
We are experienced with ARCH, we want our local merchants employees to live here, in Issaquah - even Issaquah Higlands. If you investigate, you may not have to work in Issaquah and drive to Puyallup.
FHA financing is also available for ARCH which give people an easier qualifying situation. I am extremely experienced in FHA. FHA helps with lower down payments and when recent credit has been good, but where there may be a credit score problem or past credit problems.
Give us a call if you want some help. Lar
Tags: ARCH, Issaquah
May 12th, 2008
Posted by Larry Cragun
As one of the writers for The Seattle P I Real Estate Professionals Blog I was invited to be the judge on this weeks Carnival Of Real Estate.
Each week blog writers submit articles to be judged. This week had some very interesting entries. Click here for The Carnival of Real Estate #90
