RainCityHouses.com

Short sales are popping up more and more across the Seattle area. Buyers need to be aware of whether not a potential property is a short sale because the offer process is quite different.
Here is the NWMLS definition of a short sale:

“A “Short Sale” is a sale that does not produce sufficient funds to cover […]

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Seattle real estate has softened, but we certainly are not “in the tank” as I read another broker put it.

Instead, the 2008 market is very different, and those who are used to the easy flow of the past few years need to step up to a different ball field. This includes all parties to the […]

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Seattle real estate is in a buyer’s market, but are you looking for a way to get into a Seattle house even cheaper?
Seattle buyers: You might consider a short sale, but be prepared to wait and wait and wait. Not only will you not get an answer immediately when you put in an offer for […]

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So I just read in the Seattle PI about Children’s Hospital looking at buying out an entire condo complex for possible future expansion. According to the PI, Laurelon Terrace condominiums is a six acre complex with 136 units. Children’s reported price according to this article?
93 million dollars!
A jaw dropping 2.8 times the current […]

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Seattle’s real estate market may be a bit soft right now, but the rates are incredibly low for qualified buyers and as a result the good Seattle lenders I have talked to recently are incredibly busy – and even backed up in some cases. Sure, there are going to be refinances in this mix of […]

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Built Green in Seattle neighborhoods and Seattle suburbs?

In Seattle real estate, I have written about all the great Built Green properties in Seattle neighborhoods & Seattle suburbs before, but I thought it was pretty cool that the Master Builders Association in partnership with both King and Snohomish Counties also offer a Built Green Self Certification checklist for Seattle […]

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Seattle new construction neighborhood townhomes are a great way for a first time home buyer to get into the market with lower upkeep costs and usually no homeowner dues.  These townhomes usually have a cute little yard and lots of decks for increased living spaces and wonderful views of our gorgeous city! 

Here are the Seattle townhome […]

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With all the do it yourself business models out there, it is important to get a realistic view of some of the nuts and bolts that go into a typical transaction. This being said, I have yet to see a typical transaction and buying a house in Seattle or the Seattle suburbs is not something […]

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