15641 203rd Ave SE, Renton WA 98059
New Price: $550,000
Bedrooms: 4
Bathrooms: 3.5
Year Built: 1999
Square Feet: 3350
Lot Size: .30 Acres
MLS: 29061139
This spectacular home has been remodeled inside & out, creating the ultimate combination of craftsmanship, style & design. You'll love the gourmet kitchen, new carpet, tile floors, & granite counters. There is a mother-in-law apt on the main floor & a huge bonus room over the garage. The home is located on a quiet cul de sac. It sits on a large, private lot that backs to a greenbelt. It boasts a new outbuilding and 1600 sq ft of wrap around decking with hot tub & swim spa. Issaquah schools!
For More Information Visit: http://www.davidjedwards.com/34057.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=34057
Driving Directions: Exit 4 from I-405. L on ramp. R on WA169. R on Sunset. R on 3rd. 3rd becomes 4th. 4th becomes 128th. R on 196th. 196th becomes 150th. 150th becomes 152nd. R on 204th. R on 156th. 156th becomes 203rd.
If you would like to preview these two open houses, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
The Senate unanimously voted 98-0 on Wednesday to extend the first time home buyer tax credit. It passed overwhelmingly in the House on Thursday with a vote of 403-12 and President Obama signed the bill today.
Not only was the first time home buyer tax credit extended, a new $6,500 tax credit for existing homeowners who have lived in their homes for at least five of the last eight years was added to the bill. The purchase must be made after November 30, 2009.
These tax credits will be available through June 30th of 2010; however, buyers who qualify for either of these credits MUST enter into a binding contract before April 30, 2010.
The bill also increases the income cap to $125,000 for a single person and $250,000 for a couple. And the credit is available for all homes purchased for $800,000 or less. This is ideal, as it will break up the middle part of the market that is currently stalled.
I've been predicting that home values will likely bottom in the fourth quarter of 2010. But the tax credit could change that. This is because of the extension to existing homeowners and the doubling of the salary limits for applicants. The new tax credits represent a substantial increase in the pool of eligible buyers, thus translating into more demand for housing.
This increased demand due to the tax credits will soak up some of the foreclosures expected to flood the market in 2010. I still expect foreclosures to increase over the coming months before peaking next year, bringing more cheap inventory into the market.
The spur in demand comes during the real estate market’s slow winter season, so it may help overcome the seasonal declines in home sales, which were expected to translate into downward price pressure. The presence of the tax credits, however, which would expire at the end of June (for contracts completed by April) could bring increased demand to the market during this normally slow season.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
2110 NE 36th Street, Renton, WA, 98056
OPEN HOUSE on Saturday November 7th From 1:00 to 4:00
Price: $782,900
Bedrooms: 6
Bathrooms:5.50
Year Built: 2007
Square Feet: 5260
MLS: 29149079
This 6 Bedroom, 6 Bathroom Home Has All The Space You'll Ever Need. The Home Requires Appliances, A Few Fixtures And Some Finishing Touches But Is Essentially Move-In Ready. There Is An Office And Gourmet Kitchen On The Main Floor. The Upper Level Has Four Bedrooms And Three Bathrooms. The Lower Level Boasts 1720 Square Feet, Two Bedrooms, Two Bathrooms, A Family Room, A Den And Outside Access. Once Landscaped, The Yard Will Require Very Little Maintenance. This Home Has Great Access To I-405.
For more Information Visit:www.davidjedwards.com/37325.asp or Call 425-890-8045
http://www.flyinside.com/tour.php?id=37325
Driving Directions: From I-405, Take Exit 7. Head East on NE 44th St (Left from 405 South & Right from 405 north). Head up the hill. The street turns into Lincoln Ave. Turn right on NE 36th Street. House is on the right
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
8905 McIntosh Court SE, Snoqualmie, WA 98065
Listing Price: $550.000
Bedrooms: 4
Bathrooms: 3.50
Year Built: 2008
Square Feet: 3170
Lot Size: 7369
MLS: 29151122
This Murray-Franklin home in Snoqualmie Ridge’s Deer Park, sits on a quiet cul-de-sac with a greenbelt on 2 sides! There’s a 3 car garage, large office, 3/4 bath, formal dining & living room, family room, a gourmet kitchen with eating space & granite counters on the main. The 2nd floor has an incredible master suite, walk-in closet, 5 piece bath, 3 additional beds, a bonus room & full bath. Boasting the highest quality finishes throughout, this craftsman property is ready for you to call home.
For more information visit:www.davidjedwards.com/37413.asp or Call 425/890/8045
Virtual Tour: http://www.flyinside.com/tour.php?id=37413
Driving Directions: From I-90 take exit 25. Drive N on Snoqualmie Parkway. Turn R on Swensen Drive. R onto McIntosh Ct SE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
6838 S Oakes Street, Tacoma, WA, 98409
Price: $160,000
Bedrooms: 4
Bathrooms: 1
Year Built: 1965
Lot Size: 6098
Square Feet: 1406
MLS: 29147660
This Spotless Four Bedroom Home Is Move-In Ready With Fresh Interior Paint, New Carpets And Insulated Windows Throughout. All Of The Appliances Are In Place And Being Sold With The Home. The Fully Fenced Exterior Benefits From A New Roof, New Paint And A Detached Garage With Alley Access.
For more Information Visit:www.davidjedwards.com/37239.asp or Call 425-890-8045
http://www.flyinside.com/tourphp?id=37239
Driving Directions: From 512 E, Take the WA-7/Pacific Ave. Exit to Prklnd/Span. R on WA-7/Pacific. R on WA-507/SM Hwy. R on Water St. W. R on Warren St. N. L on Cedar St. W. Cedar becomes James St. N. End @ 312 James St.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
2110 NE 36th Street, Renton, WA, 98056
Price: $782,900
Bedrooms: 6
Bathrooms:5.50
Year Built: 2007
Square Feet: 5260
MLS: 29149079
This 6 Bedroom, 6 Bathroom Home Has All The Space You'll Ever Need. The Home Requires Appliances, A Few Fixtures And Some Finishing Touches But Is Essentially Move-In Ready. There Is An Office And Gourmet Kitchen On The Main Floor. The Upper Level Has Four Bedrooms And Three Bathrooms. The Lower Level Boasts 1720 Square Feet, Two Bedrooms, Two Bathrooms, A Family Room, A Den And Outside Access. Once Landscaped, The Yard Will Require Very Little Maintenance. This Home Has Great Access To I-405.
For more Information Visit:www.davidjedwards.com/37325.asp or Call 425-890-8045
http://www.flyinside.com/tour.php?id=37325
Driving Directions: From I-405, Take Exit 7. Head East on NE 44th St (Left from 405 South & Right from 405 north). Head up the hill. The street turns into Lincoln Ave. Turn right on NE 36th Street. House is on the right
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
10933 SE 235th St Kent WA 98031
New Price: $289,000
Bedrooms: 5
Bathrooms: 3
Year Built: 1965
Square Feet: 2870
Lot Size: 8,556 Square Feet
MLS: 29083625
This beautiful home has been completely remodeled inside and out. The interior boasts five large bedrooms, two master suites, a formal living room and a large functional kitchen. The exterior boasts a new roof, vinyl windows, fresh paint and a large fully fenced yard. This home enjoys close proximity to resturants, parks, schools and public transportation.
For More Information Visit: http://www.davidjedwards.com/34631.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=34631
Driving Directions: WA-167 S/VALLEY FWY. Take the 212TH Exit. Head East on S 212TH ST. 212TH becomes S 212TH WAY. 212TH becomes S 208TH ST. RIGHT on 108TH AVE SE. LEFT onto SE 235TH ST.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
C7 9623 S 248th Street, Kent, WA, 98030
Price: $115,000
Bedrooms: 2
Bathrooms: 1
Year Built: 1966
Square Feet: 892
MLS: 29144480
This Ground Floor Unit Has A Fireplace, Extra Storage Space, Energy Efficient Vinyl Windows, Two Oversized Bedrooms, A Washer & Dryer In The Unit And It Has Been Completely Replumbed. The Cabana Is Complete With A Kitchen And Exercise Room. It Overlooks A Pool And A Sports Court. This Is Not A Bank Owned Home Or Short Sale.
For more Information Visit: http://davidjedwards.com/ 37108.asp or Call 425/890/8045
http://www.flyinside.com/tour.php?id=37108
Driving Directions: From HWY 167 take 84th Ave S. exit toward N. Central Ave. Left on 84th Ave S. It becomes Central Ave. N. Left on E. Smith St/WA-516. Sharp left on 94th Ave S. Right on S. 248th St. Condo is on RIGHT.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
Open 12:00 to 3:00 Saturday October 17th
15641 203rd Ave SE, Renton WA 98059
Price: $580,000
Bedrooms: 4
Bathrooms: 3.5
Year Built: 1999
Square Feet: 3350
Lot Size: .30 Acres
MLS: 29061139
This spectacular home has been remodeled inside & out, creating the ultimate combination of craftsmanship, style & design. You'll love the gourmet kitchen, new carpet, tile floors, & granite counters. There is a mother-in-law apt on the main floor & a huge bonus room over the garage. The home is located on a quiet cul de sac. It sits on a large, private lot that backs to a greenbelt. It boasts a new outbuilding and 1600 sq ft of wrap around decking with hot tub & swim spa. Issaquah schools!
For More Information Visit: http://www.davidjedwards.com/34057.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=34057
Driving Directions: Exit 4 from I-405. L on ramp. R on WA169. R on Sunset. R on 3rd. 3rd becomes 4th. 4th becomes 128th. R on 196th. 196th becomes 150th. 150th becomes 152nd. R on 204th. R on 156th. 156th becomes 203rd.
If you would like to preview these two open houses, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
KIRKLAND, WA, October 5, 2009. "There's a lot to be optimistic about," according to one director of the Northwest Multiple Listing Service upon reviewing summary statistics for September's housing activity. The report shows a big jump in pending sales compared to a year ago (up almost 27%), continued drops in inventory (down 17.7% versus a year ago) and brisk demand for homes at the lower end of the price spectrum.
Distressed properties in the system continue to be a drag on prices – median prices for last month's sales were down about 7.5% from a year ago – and brokers continue to voice frustration with slow response time by lenders. (Banks are taking 9.5 weeks to respond to short-sale requests, versus 4.5 weeks a year ago, according to research by Campbell Communications of Washington, D.C.) Joe Spencer, president and COO of John L. Scott Real Estate, estimates up to 10% of pending sales do not close because they're caught in the short sale cycle. Still, he comments, "There is a lot to be optimistic about." He cites interest rates that are now in the high four percents as bordering "on being epic" and the federal tax credit as stimulants to the market.
Northwest MLS brokers reported 7,581 pending sales (offers made and accepted but not yet closed) during September, outgaining the same period a year ago by 1,599 transactions for a 26.7% increase. Last month's condominium sales surged, with pending sales up nearly 25% from a year ago after languishing in negative year-over-year figures for the first five months of 2009 and only modest gains over the past three months.
During September, members added 10,054 new listings of single family homes and condominiums to inventory, about 7.6% fewer than a year ago. With the combination of fewer new listings and more sales, inventory at month end dipped to its lowest level since March. At month end, the selection included 40,041 properties for sale (33,332 single family homes and 6,709 condominiums). That's down 17.7% from twelve months ago.
"Our market has certainly come a long way since this time last year," said Ron Sparks, managing vice president of Coldwell Banker Bain, who said demand is at its highest level in two years. "For all the challenges that remain, it would be difficult to not appreciate the reemerging market vitality that continues to build even as the summer buying season closes," he added. Activity at open houses is reported to be brisk in many areas, which MLS directors attribute to a combination of factors, including expanded use of a "Public Open House" program. This program allows buyers to search schedules of all open houses in the NWMLS system from the website of any member broker that uses the feature.
Brokers also credit improved affordability, incentives and the looming deadline for the $8,000 tax credit for first-time home buyers as boosting activity. As the Nov. 30 deadline for the federal $8,000 tax credit program approaches, Spencer advises buyers to "be under contract by the third week of October, to close by Thanksgiving, and to stay away from short sales." "Because there are so many short sales and bank owned property sales, it was inevitable that prices would fall slightly," explained NWMLS director Dick Beeson, the broker/owner of Windermere Commencement Associates in Tacoma.
Year-over-year prices are down nearly 7.5 percent across the 19 counties served by NWMLS, but the median sales price of $273,000 for last month's sales of single family homes and condominiums (combined) equaled the figure for January. Beeson described the price drops as "a necessary adjustment given the number of short sales and bank owned property sales in the mix. (A survey by the National Association of REALTORS indicates distressed homes accounted for 31 percent of transactions in August and July.)
A comparison of year-over-year prices of closed sales by county shows wide variation for September, from a decline of almost 17 percent in Cowlitz County to an increase of nine percent in San Juan County. For the four-county Puget Sound region (King, Snohomish, Pierce and Kitsap counties), prices were down about 7.6 percent from twelve months ago. On a brighter note, Beeson said activity is brisk for lower priced homes in many areas. "Multiple offers are occurring on a regular basis and many buyers have to make two or three offers on different properties just to secure one," he reports.
Sparks echoed that report, saying, "Describing much of the current market as 'lively' is probably a bit of an understatement," adding, "I've heard agents describe open houses as 'mayhem' and 'chaos." Modestly priced homes in good condition and in popular neighborhoods can certainly draw more than one offer, according to Sparks, who also noted, "This is not to say that all neighborhoods and price points are rebounding at the same pace, but there is an awful lot of economic momentum in our region, including our housing market, that can't be ignored."
Emphasizing recovery comes in stages, Beeson acknowledged some "hard adjustments" are being made in higher priced homes where inventories remain high, but expects that segment to recover. He said the main focus of many agents is meeting the needs of the first-time buyers and those who have needs because of lifestyle changes due to advancing age, change in marital status, the birth of children or death of a family member. "These people always need help solving their real estate problems," he observed.
Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes more than 24,000 brokers and agents. The organization, based in Kirkland, currently serves 19 counties in western and central Washington.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT
The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.
