Edgewood, WA Real Estate Blog

I know it’s not the end of the month, but I was generating statistics for a listing I was working on. From the chart below you can see which price ranges have what little action there is.

Click on image to enlarge.
Keep in mind a lot of closings occur at the end of the month [...]

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I’m very pleased to announce Rhonda Porter as a contributing author.
I first met Rhonda while I was with John L Scott in Federal Way. She regularly visited the office to distribute marketing materials. As my office was located in close proximity to the agent mail boxes, I often had occasion to [...]

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by Klare, Michael T., Metropolitan Books Henry Hold and Company, LLC (2008) ISBN-13: 978-0-8050-8064-3
I read this book to get an insight into the oil markets. With all the turmoil surrounding recent increases in oil and gasoline prices, I felt I needed more than a sound bite of background to understand.
Wow. This reads like I’d [...]

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Money magazine published an article showing forecasts for May 2009 of median real estate prices in various cities.
Overall they expect median home price to decline 9.7%. They forecast Seattle median prices to decline by 9%.

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Statistics for April 2008 for Edgewood and surrounding cities have just been updated.
Things are improving over March in all areas. Inventories remain high, however, in all areas. Interestingly, King County shows an uptick in overall inventory while Pierce County’s went down. Usually, you see the reverse.
All areas show a decline in median [...]

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by Huntsman, Jon M., Wharton School Publishing (April 2, 2005) ISBN-13: 978-0131863668

I read this book because of an interview I saw of the author: Jon Huntsman is simply an amazing man. The book is the author’s life story and the moral compass by which he lives – “Play by the rules. [...]

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The City of Edgewood is proposing spending $8 million dollars for a park at 36th & Meridian.
It might be a nice park but it sure seems like a lot of money particularly during this time of declining home values… $2760 for the average taxpayer (including interest).
I’m not sure, but I don’t think that [...]

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According to a Wall Street Journal article this morning, Zillow has just released their t Q1 Home Value Report. It shows that “U.S. Home Values in the first quarter posted the largest decline in more than a decade, falling back to 2005 levels.”
Here’s what the Zillow report details year over year median Zestimate (Zillow’s [...]

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