Cash Buyers Are Fueling Quick Home Sales!

Buying homes with CashThis is a great article in the New York Times on how cash buyers are changing the buying market today. We have been seeing this here in our neighborhood for months now. It is an amazing new phenomenon, and makes for a very exciting home sale! From personal buyers to investors, we are seeing cash buyers make offers on nearly every sale. As my wise mentor Joseph Brazen always says “Cash is King!”. He is absolutely right. When two identically priced offers are presented, one cash, one financed, the cash buyer always prevails. Great article to keep up with the trend.

http://www.nytimes.com/2013/06/09/us/cash-is-fueling-quick-home-sales.html?_r=0

 

Just Listed!

Just listed REO in Bellevue , 5 bedrooms, 3 baths for $$420,750, offers presented at 3pm on Monday – 3 in already – open Sunday @ 2017 NE 164th Ave, Bellevue, Wa. 98008, from 1:00pm – 4:00pm

This house is located less than 1 block from Interlake High school, one of Bellevue’s top schools. A great sized home for the price in this popular area. Perfect for an investor, or someone looking for a fixer, in this coveted area. Will not last at this price. For seller financing incentives, agents and their buyers are requested to contact our designated Chase Loan Officer. Call the Listing Agent for details.  Erin Harold – (206) 326-8961Bellevue - Interlake Neighborhood

MLS #496960

 

12 Questions To Ask The Appraiser

This is a great article about how to qualify an appraiser before hiring them to analyze  and appraise your property. An extremely important step to get accurate and reliable results. This will allow you to make the very best decision regarding the sale or purchase of a property.

http://www.americanappraisals.com/12_questions_to_ask_the_appraiser.htmhas

Sotheby’s International Realty Exclusive Waterfront Property Search !

Luxury Waterfront

Luxury Waterfront

Sotheby’s International Realty is the only real estate company that has a
“waterfront specific” search engine for you to locate or list a
waterfront property. This allows you to find exactly what you are
searching for. It also allows you as a seller, to offer your waterfront
property to every buyer looking for specific waterfront properties, all
around the globe. Experience the distinction, and the powerful marketing
that Sotheby’s International Realty can offer you. Explore the opportunities by following
the link above and start the journey to your perfect waterfront dream
property!

 

A Great View of the Real Estate Market Monthly from 2000 to Current

A snapshot of how busy the real estate market is in the Puget Sound area. It is time to get that house listed, and it is a great time to buy!

4-County Puget Sound Region Pending Sales (SFH + Condo combined) (Totals include King, Snohomish, Pierce & Kitsap counties)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2000

3706

4778

5903

5116

5490

5079

4928

5432

4569

4675

4126

3166

2001

4334

5056

5722

5399

5631

5568

5434

5544

4040

4387

4155

3430

2002

4293

4735

5569

5436

6131

5212

5525

6215

5394

5777

4966

4153

2003

4746

5290

6889

6837

7148

7202

7673

7135

6698

6552

4904

4454

2004

4521

6284

8073

7910

7888

8186

7583

7464

6984

6761

6228

5195

2005

5426

6833

8801

8420

8610

8896

8207

8784

7561

7157

6188

4837

2006

5275

6032

8174

7651

8411

8094

7121

7692

6216

6403

5292

4346

2007

4869

6239

7192

6974

7311

6876

6371

5580

4153

4447

3896

2975

2008

3291

4167

4520

4624

4526

4765

4580

4584

4445

3346

2841

2432

2009

3250

3407

4262

5372

5498

5963

5551

5764

5825

5702

3829

3440

2010

4381

5211

6821

7368

4058

4239

4306

4520

4350

4376

3938

3474

2011

4272

4767

6049

5732

5963

5868

5657

5944

5299

5384

4814

4197

2012

4921

6069

7386

7015 7295 6733 6489 6341 5871 6453 5188 4181
2013 5548 6095 7400 7462

 

Are You A Wine Enthusiast?

Sotheby’s International Realty has access to some of the finest wines in the world. Sotheby’s International Realty exclusive monthly picks, that are only available to our clientele, to the auction of some of the rarest and finest selections and collections in the world.

If this is interesting to you, let me know and I will make the connection for you and help you turn your cellar into one of the finest in the world.

www.sothebyswine.com

www.sothebys.com/en/departments/wine/overview.html

Sotheby's Exclusive Wine

Sotheby’s Exclusive Wine

Seattle’s Market Is Back!

Seattle-area home prices jump 10.6 percent year over a year!!!!

Article Excerpt:

“Seattle and all 19 other cities in a 20-city S&P/Case-Shiller composite index posted positive year-over-year gains in home prices. It was the third straight month of year-over-year increases for the 20-city composite. The data for March represent a three-month rolling average for January, February and March.”

Average home prices nationwide are now at levels last seen in mid-2003.

Written by:

May 28, 2013, 10:33am PDT, Puget Sound Business Journal

Read the entire article here: http://www.bizjournals.com/seattle/news/2013/05/28/seattle-area-home-prices-jump-106.html?iana=ind_rre

Advertise Your Lisitng To A Global Market!

Eastside real-estate brokers say they’ve noticed a wave of affluent mainland-Chinese buyers, to name a few, buying luxury homes in Medina, Clyde Hill and other millionaire rows in West Bellevue. Data and public records show they’re right. It’s part of a cash-buyer phenomenon sweeping the home market.

In King County, a Seattle Times analysis of property-tax payers with foreign billing addresses found the largest number are from Canada, China (including Hong Kong) and Japan.

International buyers are investing in Seattle-area real estate in growing numbers, buying multimillion-dollar homes, rent-producing properties and land for commercial development. There are at least a few who are buying property without setting foot on it.

The buyers have several motives: Some want a safe place to invest and diversify their fortunes. Others want their children to start school or university studies here. And some want to launch businesses here. The buyers have cash to spend and are eager to close a deal.

Listing your property with Sotheby’s International Realty gives you a Global Advantage in the market. Sotheby’s International Realty has one of the most powerful, global marketing power of any realty company brand in the world.

When you list with Sotheby’s International Realty your listing is not only presented to the local market at a much more aggressive level, but it is also distributed to the global market. This gives you the opportunity to reach millions of people worldwide with your listing, offering you the greatest possibility of selling your listing at the best possible rate.

Sotheby’s International Realty leverages Innovation, Experience, and International Impact to give you the most powerful listing available today, and the most lucrative opportunity in selling your property.

Excerpts from recent Seattle Times Article:

Originally published May 18, 2013 at 5:30 PM

By Sanjay Bhatt

Seattle Times business reporter

Sotheby’s International Realty Distinctive Global Marketing Advantage-

Leveraging Innovation, Experience and International Impact to give you the best results overall in the sale of your property.

– Search for properties in 16 different languages

– Sotheby’s International Realty currently has more than 12,800 sales associates located in approximately 660 offices in 47 countries and territories worldwide

– Using the most pre-eminent media powerhouses globally to bring your property to a savvy and relevant audience of consumers.

-NY TImes- 40 million unique monthly visitors

– The Wall Street Journal- with the savviest of investors as regular subscribers with 167 million impressions annually, and 3.5 million readers

– The BBC- the world’s most powerful news gathering operation with 47 million media impressions

– Bloomberg Market- read by the globe’s financial elite at 1.1 million subscribers

– The Financial Times- read by over 1,290,000 people worldwide in both English and Chinese

– The Telegraph- The UK’s paper of the year, reaching millions worldwide

– Archtectural Digest- Sotheby’s is the exclusive Realtor in the publication, delivering 8 million impressions per year

– You Tube- The worlds second largest search engine, and third largest website in the world

– South China Morning Post- Hong Kong’s premier English publication 500,000 media impressions

List With Us!

We showcase your property (Locally, Nationally & Worldwide) in the finest way possible. Excellent Photography, Staging for success, correct pricing and excellent professional representation are 4 key pillars in our marketing plan.

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