Watch This, Then Tell Me Zillow is a Good Idea.

Bill Buying Concerns, Economy, Financing, Government, News, Seattle Times Articles Leave a Comment

[“Their stock has been doing very poorly of late, down from $125/share one year ago to about $16.50/share today.”] If this doesn’t scare the heck out of you, nothing will. The unparalleled concentration of wealth is accompanied by: domestic legislative power/influence international and domestic control of financial markets control of information/data distribution Together this represents too much control in the …

There Are No Shortcuts.

Bill Uncategorized Leave a Comment

I just finished reading an article regarding the latest revelation in discount real estate brokerage, Surefield. A fresh startup initiated by a Redfin refugee (seems to be a lot of those) and some others that are good with computers. Read almost all about Surefield here: http://seattlebubble.com/blog/2014/05/02/alternative-brokerage-spotlight-surefield/  I wrote the following comment on the Seattle Bubble blog in response to the interview: …

Where Are The Listings?….They’re Coming

Bill Uncategorized 1 Comment

While buyers have been getting their finances ready to make a move, they have yet to find an acceptable selection of properties in the Greater Seattle area. When they find a good listing they are more often than not (1) late to the party or (2) outbid by an outrageously aggressive cash buyer. This is not normal. While Diana and …

Has The Market Reached A Tipping Point?

Bill and Diana Buying Concerns, Miscellaneous, News, Seattle Times Articles, Selling Concerns Leave a Comment

Have you ever invested in a stock that was labeled “hot” on the front page of a local newspaper? If you have then you are familiar with the analogy “that ship has sailed”. The local housing market is in a similar state. Local headlines have sellers feeling unrealistically bullish of late, and it’s not just about price. We are beginning …

“They love the home but feel it will go over list price and do not want to get into a bidding war.”

Bill and Diana Buying Concerns, Selling Concerns Leave a Comment

I just received this comment from a showing broker this morning. This is the type of feedback we have received on our listings that causes us to promote some standards by which both sellers and buyers may be treated fairly in this unusually tight market. 4 days is long enough to gather enough offers. To go longer will frustrate more …

City Home Prices Up 18% From A Year Ago…kinda sorta, not really

Bill and Diana Buying Concerns, Seattle Times Articles, Selling Concerns 1 Comment

Perhaps this Seattle Times headline caught your eye yesterday. It was the hot topic everywhere I went. Sorry, but no, your house did not appreciate 18% in twelve months. 95% of the housing stock did not appreciate 10%. Only select pockets experienced appreciation in excess of 4%. Allow me to explain: As is often the case, a lot of folks …

Market Velocity

Bill and Diana Miscellaneous Leave a Comment

Market Velocity. What is it? The most important goal of every small builder is to insure that their product will be sold upon completion. The same principles apply to the resale of single family homes. Years ago, when I was representing a half dozen small builders’ speculative [“spec”] new construction projects, I endeavored to help them appreciate the importance of …

Consider A Pre-Listing Inspection

Bill and Diana Crawl Space, Exterior Maintenance/Repair, Gutters, Interior Maintenance/Repair, Selling Concerns 1 Comment

This is our most trusted competitive weapon of late. We counsel our clients to consider investing in a professional “pre-listing” home inspection as an integral step in preparing their respective properties for the market. Why do we do this? Every buyer is likely to have a professional inspection conducted as part of their purchase and sale agreement, and it makes …