Category: Home Values

Does owning your home make financial sense?

Everyone knows the social advantages of home ownership. However, some question the financial benefits of owning a home. Three recent studies shed some light on the issue. RealtyTrac recently released a report comparing home price appreciation to wage growth over the last two years. The study revealed that home price appreciation has outpaced wage growth …

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Home price gains by state, 2014

How Accurate is the Zestimate?

So how accurate is the Zestimate? Shoppers, sellers and buyers routinely quote Zestimates to real-estate agents — and to one another — as gauges of market value. Sometimes, if either the buyer or the seller won’t budge off Zillow’s estimated value, a home sale will die. So, if they’re off the mark, how far off? Zillow …

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Seattle area’s ‘hottest’ 2015 home market… Bellevue!

Woodridge becomes one of the hottest home areas for 2015 Seattle, WA Neighborhood Median Sale Price Median Days on Market #1 Woodridge (Bellevue, WA) $ 615,000 8 The current housing trend is toward neighborhoods of compromise and is a shift from the past two years when the hottest neighborhoods tended to be more urban, more …

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2015 Remodeling Cost vs. Value: Less Is More

                            Remodeling Cost vs. Value Report, www.costvsvalue.com, produced by Remodeling magazine in cooperation with the National Association of REALTORS® and REALTOR® Magazine, provides estimated costs for 36 midrange or upscale home-improvement projects, along with the percentage of cost that owners can expect to …

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Bellevue, WA 98008 – Market Overview Dec 2014

BELLEVUE, WA 98008 Market Overview 107 homes for sale with prices ranging from $230,777 to $3,500,000 7 homes were sold last week 3% of listings had price increases; 48% had decreases. Profile of the Average Home for Sale List price of $473,490 and costs $218 per square foot. 2,173 square feet of living space on …

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Where are house prices headed?

As a Seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a Buyer, you must not be concerned so much about price but instead about the ‘long term cost’ of the home – which is directly linked to mortgage interest rates.​ Interest Rates by …

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Remodeling in 2014 – Cost vs Value

2014 REMODELING COST VS VALUE REPORT Should you remodel to sell? Check out the projects list to compare your estimated cost with potential return valuation…. Check SEATTLE, WA data for  for 35 projects, including: City Job Costs City Resale Value City Cost Recouped City/Region Comparison City/National Comparison

Luxury Housing Market Surges

40% increase in luxury sales in Seattle area In the Pacific Northwest improvements in the luxury segment (defined as properties priced at $1 million or more) were noteworthy in 2013. A comparison of 2012 and 2013 shows nearly 500 more high-end sales last year to outperform the previous year by nearly 40%. It is predicted …

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Most expensive cities to buy a home puts Seattle #23

Home prices bubbling again? Some faint concern is evidenced when prices raise 15% in a year… which we have seen in King County with November’s median price at $426,000. But our prices are not the most ‘un-affordable’ for residents earning a median income for the area. San Francisco prices exorbitant In San Francisco, only 14% of …

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