Edgewood, WA Real Estate Blog

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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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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Statistics for March 2008 for Edgewood and surrounding cities have just been updated.
The spring selling season is upon us and it shows in the stats. You’ll find some big jumps up and down in prices and inventory depending on the area. Some areas like NE Tacoma (MLS areas 94-95) don’t have a lot [...]

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We lost one of the lambs (the little black one) born Easter to a coyote Sunday morning. I presume it was a coyote and not a marauding dog because all that was left was the entrails.
We’ve had 3 additional lambs born since Easter. Unfortunately, they’re all male.
Sometimes nature is hard.

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I mentioned in a previous post that it’s paramount for both buyers and sellers to understand what’s coming down the pipe real estate market wise.
 
I was asked: “Well, what exactly is coming down the pipe?“
 
As you probably know, many exotic loans were originated during the 2004-2007 period. Exotic loans are [...]

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I was delighted to find new twin baby lambs Easter morning when I went to feed. It was windy and raining hard and the first-time mom was having trouble taking care of them. It was touch and go for a bit. We were lucky to find them when we did.
They are both [...]

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Like a lot of places, here in Edgewood a lot of sellers and a lot of agents seem to be having a hard time moving from fantasy land to reality.
I don’t know if it’s sellers unwilling to grasp that yesterday’s sales prices were available yesterday, and/or if their agents don’t know what’s going on… and, [...]

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