Debra Sinick

Archive for May, 2009|Monthly archive page

Weekly Real Estate Buzz in The Kirkland Highlands Through May 28th, 2009

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, seniors, Weekly market update on May 29, 2009 at 4:15 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.  (Wednesday this week!)


View Larger MapThe map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

The map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 32 (30)

New listings: 2 (0)

Re-listed properties:  1 (0)

Pending inspection: 0 (0)

Pending: 0 (0)

Closed Sales: 0 (0)

Contingent sale: 0 (0)

Number of Price Reductions:  1 (1)

Canceled listings 1 (0)

Expired Listings: 0 (0)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 7 (6)

$500,000-$749,999:12 (12)

$750,000-$999,999: 8 (7)

$1,000,000- $1,499,999: 3 (3)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $709,016 ($717,922)

Median Price of homes for sale: $710,950 ($713,250)

Average Days on Market: 91 (92)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $299,950 ($299,950)

Townhomes/condos

3  town homes listed

1 town home sold and closed

Forbes Creek town home with 2 bedrooms, 1.5 baths.  It was priced at $339,950 and sold in ten days for full price.

The number of homes for sale in The Kirkland Highlands is starting to creep up as we are now firmly in the 30+ range of homes for sale.  The Kirkland Highlands  hit 30 homes for sale two weeks ago for the first time in months.   The price range of most homes for sale in The Kirkland Highlands, as you can see from the numbers above,  falls between $500-$1,000,000.

The home that has been relisted as a new listing, is now priced more than $50,000 higher than the old listing.  This is a newly built home.

One piece of real estate news that is  mortgage rates have gone up to about 4.91% per a report on Thursday’s MSNBC. At the same time, we must also remember an interest rate in the high 4′s or low 5′s is still incredible and at historic low’s.  Putting this increase into perspective, rates are still absolutely phenomenal.  I expect the increase in rates may affect refinances more than new buyers.

Enjoy the sun, have a great week, and help clean up Cedar View Park in the Kirkland Highlands on Sunday.


Help Clean Up Kirkland Highlands Cedar View Park

In Kirkland WA on May 29, 2009 at 4:10 pm

Please join our local cub scout troop for a work party at Cedar View Park!

Cedar View Park

Cedar View Park

Sunday, May 31

12-2pm

We’ll be weeding and mulching.

Tools needed:

Wheelbarrow

Rake

Shovel

Weeding tools

Large and small pruners

Small saw

Broom

(this message is from Kirkland Highlands President, Karen Story)

Dog Alert For Kirkland Dog Owners

In Kirkland WA on May 28, 2009 at 12:06 pm

Do you have a dog and do you take your dog out for walks in Kirkland?  As a diehard dog lover and dog owner, I thought everyone should know about this safety concern.photo of a dog

Karen Story, The Kirkland Highlands Association President sent this email out to the neighborhood:

A neighbor says that her two new puppies incurred some serious vet bills after having to spend several days in the Animal ER from ingesting toxic mushrooms while out on a walk. They thought we had lost one but the magic of medicine (and a very quick reaction when they noticed some odd behavior) saved them both. She says that the real nasty mushrooms are darkish, with rather flat tops and get slimey after a rain.

——–

Google says:

Dogs who like to “graze” will sometimes eat wild mushrooms along with lawn grasses, leading to mushroom poisoning. Dogs can sometimes become ill by just licking a poisonous mushroom. Also, some dogs, like some people, are allergic to edible, normally safe mushrooms.

Always watch for mushrooms in areas where you walk your dogs or where they run and play. Be especially cautious of parasol-shaped mushrooms and all small brown mushrooms. Check your yard each morning, especially in damp weather, before letting your dog outside. New mushrooms can appear overnight. Whenever you find mushrooms in your yard, dig them up. Smashing or kicking them spreads the spores and even more will grow.

It can be very difficult to tell the difference between poisonous and edible mushrooms.

If you see your dog eating mushrooms, remove any pieces from the dog’s mouth, save the pieces for identifiation, and call your veterinarian.

If symptoms have already begun, take your dog to a nearby emergency veterinary hospital immediately.

Has anyone taken a photo of these mushrooms?  If so, I can post it on the blog, so people know what to look for.

Weekly Real Estate Buzz in The Kirkland Highlands Through May 20th, 2009

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on May 21, 2009 at 3:29 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.  (Wednesday this week!)


View Larger MapThe map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

The map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 30 (30)

New listings: 0 (4)

Re-listed properties:  0 (1)

Pending inspection: 0 (1)

Pending: 0 (1)

Closed Sales: 0 (1)

Contingent sale: 0 (0)

Number of Price Reductions:  1 (0)

Canceled listings 0 (1)

Expired Listings: 0 (0)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 6 (6)

$500,000-$749,999:12 (12)

$750,000-$999,999: 7 (7)

$1,000,000- $1,499,999: 3 (3)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $717,922 ($718,605)

Median Price of homes for sale: $713,250 ($713,250)

Average Days on Market: 92 (86)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $299,950 ($319,950)

Townhomes/condos

3  town homes listed

A quiet real estate week in the Kirkland Highlands with very little activity.  One home for sale in the Kirkland Highlands reduced its price by $20,000 to $299,000.  But take heart, I believe the market will be stronger with more homes selling in the coming months.  Hopefully, prices will stabilize at the same time.

Much press has been written to support this uptick in Seattle-Eastside real estate sales and activity.  Aubrey Cohen referenced the more positive Seattle-Eastside market on the Seattle PI.com blog.

Have a great weekend and Happy Memorial Day.  Get out and enjoy the sun and support the 7 Hills of Kirkland Bike Race this weekend.  It’s a fun time and a fund raiser for KITH, Kirkland Interfaith Transitions in Housing.

“KITH’s mission is to assist individuals and families on the Eastside who are caught in a homelessness crisis.”

It looks like the 7 Hills is a pretty challenging race with riders heading around the perimeter of Kirkland.  I think all the best hills in Kirkland were found for this race!   The riders won’t be near the Highlands, but will head back from east of 405 down on NE 60th to the boulevard.  It should be pretty exciting.  Expect to see bikers whizzing by.


The Kirkland Alliance of Neighborhood May, 2009 Meeting

In Kirkland WA on May 19, 2009 at 7:37 pm

KAN, The Kirkland Alliance of Neighborhoods group, met this past week.  Much is happening in the coming months in Kirkland and the meeting is a great way to hear about what makes Kirkland tick and to keep on the inside track. I’ve learned interesting things about Kirkland, upcoming events, the neighborhoods, and local merchants.

Here’s most of what was discussed at the last KAN meeting:

Kevin Nalder, the new Fire and Building Chief for the city introduced himself to the group. He and his family just moved here, literally, from Salt Lake City. He’s currently looking for a home and it was clear this group of neighborhood reps was interested in hearing what neighborhoods Mr. Nalder was interested in.  Each of us thinks, of course, that our neighborhood is the best.

Mr. Nadler comes with 24 years of experience and his last position was Deputy Fire Chief in Salt Lake City.  He’s excited about his new position here because he’s both the Fire Chief and Director of the Building Department.  Kirkland is one of the few cities with one person “manning” both departments.  Mr. Nalder believes the two departments are the perfect fit together and with his skills.  Many of the issues the building department focuses on are safety issues, meeting fire codes, and maintenance issues.  He’ll also be responsible for the plumbing, electrical, planning departments, all things having to do with construction in the city.  Welcome!

Kirkland’s Fire Camp:  July 20-24th, 2009, 8:30-4:30 PM is open to 12-15 year old junior high school students. Participants will learn about fire behavior, hose handling, rope knots and rappelling, the use of firefighting gear and equipment, vehicle extrication, and team building.  Participating in the program will help students to earn first aid, CPR, and water safety cards.  Hmm… maybe there should be an adult camp for Kirkland citizens to learn some of these safety techniques so more people can help in emergencies.  Applications can be found on the Kirkland city website.

Local merchant, Vic Swan, who is the owner of EcoCartridge in Totem Lake did a fabulous presentation about the marketing of printer ink and how profitable it is for tech companies. His company helps the consumer save money on ink and reduce waste by refilling and reusing ink cartridges.  Buying a new ink cartridge can set you back by about $35.00.  Buying a refilled cartridge costs about $15.00. I thought his topic would be very dry, but in fact, it was fascinating.  Many of us KAN reps had questions and he had all the answers.  His company has saved 17,000 pounds of plastic from being dumped into landfills over the 4 years he has been open in Totem Lake.  Mr. Swan is actively involved in the community as part of the “Green Kirkland Partnership, Sustainable September, and gives back to the community in many other ways.  He had a great fund raising idea for PTA groups.  He’ll buy cartridges from the PTA for cash.  It’s great to support a local  merchant who is eco-friendly and can also help save you money! Here’s a link to his company website. You can also follow him on Twitter!

Do you know how many homeless teens there are on the eastside? No one knows for sure, but Friends of Youth worker, Norene Roberts helps support homeless teens.  The organization is contracted to help 50 teens, but is aware of about 90 more out there who need help.  No one really knows how many others are out on the streets and unaccounted for.

Friends of Youth has a van called Big Bertha which supplies teens with food, clothing, and sleeping bags.  The 1st and 3rd Friday of each month, Friends of Youth serves 50-60 teens dinner at the Kirkland Teen Center.  Volunteers provide food, sometimes serving the teens.  Papa John’s graciously gives the group Pizza for 1/2 off, but the group is always looking for help and support either with food or money.  It’s a great opportunity to give locally to a group which few are familiar with.  It’s even more critical because more teens will be heading this way as the weather warms up.

Did you know Kirkland’s successful food drive last winter has started a new trend? There’s going to be a contest from September 26th-October 24th between 5 cities on the Eastside: The challenge?   Kirkland, Redmond, Bellevue, Issaquah, and Mercer Island hope to raise 100,000 lb of food, 20,000 lb of food from each city.  Kirkland set the bar, because this is the amount of food we raised in Kirkland last year.

Get your walking shoes on so you can follow Kirkland’s “Feet First Map.” A great group of people have worked together to highlight all kinds of things throughout Kirkland-walking trails, schools, stores, parks, etc.   The map is undergoing review at this time.

KAN, the Kirkland Alliance of Neighborhoods, is off for the summer, but I’ll report anything new I learn from the next meeting in September.

Kirkland’s Cotton Hill Park is Looking for A Few Good Plants!

In Kirkland News, Kirkland WA on May 15, 2009 at 6:28 pm
Kirkland Highlands-Cotton Hill Park Path

Kirkland Highlands-Cotton Hill Park Path

Volunteers and plants are both needed tomorrow for the next Cotton Hill Park clean up. Saturday should be a great day to work outside at Cotton Hill Park, unlike many of the other cold and wet days earlier this year.

Here’s the message from Karen Story, Kirkland Highlands Association President, about tomorrow’s event:

Help us finish the UW Restoration Site!

Cotton Hill Park Work Party

Mulching and Planting

Saturday, May 16

10am – 2pm

Bring:

Shovel

Rake

Wheelbarrow

(Water, gloves, snack)

Wanted: Native plants

Do you have any of the following in your yard that you could donate to Cotton Hill Park?

lady fern

sword fern

deer fern

salmonberry

snowberry

fringecup (Tellima grandiflora)

piggy-back plant (Tolmiea menzieii)

native perennial violas

bunchberry (Cornus canadensis)

slough sedge (Carex obnupta)

Bring your tools and some plants if you have them.  Have fun and enjoy the sun.

Weekly Real Estate Buzz in The Kirkland Highlands Through May 14th, 2009

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on May 15, 2009 at 8:23 am

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.


View Larger MapThe map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

The map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 30 (27)

New listings: 4 (1)

Re-listed properties:  1 (0)

Pending inspection: 1 (0)

Pending: 1 (0)

Closed Sales: 1 (0)

Contingent sale: 0 (0)

Number of Price Reductions:  0 (2)

Canceled listings 1 (1)

Expired Listings: 0 (1)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 6 (6)

$500,000-$749,999:12 (10)

$750,000-$999,999: 7 (7)

$1,000,000- $1,499,999: 3 (2)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $718,605 ($709,896)

Median Price of homes for sale: $713,250 ($729,500)

Average Days on Market: 86 (106)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $319,950 ($319,950)

Townhomes/condos

3  town homes listed

A new listing came on the market just yesterday at $1,225,000, bringing both the median and the average pricing for homes up in The Kirkland Highlands from last week.    We’re seeing the typical spring activity with more homes coming on the market and some sales happening. Check out my eastside blog report for the full story on Seattle/Eastside real estate activity. Real estate activity is starting to look really good!

Closed sale:

$319,000  Mid-entry home priced at $299,000. It was on the market for 12 days and sold for 10% above the asking price.

****This home was subject to bankruptcy court approval, so it was an incredible price as shown by selling for 10% above the asking price.

What Were The Chances of Selling Your Kirkland Home in April, 2009?

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on May 14, 2009 at 7:43 pm

Kirkland Real Estate Activity for April 2009(pended homes are those that received an offer, but the sale has not closed yet)

April         2009                446 homes for sale       46 homes sold,   10% chance of selling a home.

March,    2009                 448 homes for sale       29 homes sold,     6.5% chance of selling a home.

April, 2008                      529  homes for sale,      47 homes sold,     8% chance of selling a home.


(****Kirkland real estate statistics are now in a new format.   As we all know, a picture or a graph paints a clear picture, and, in this case, it’s Kirkland real estate activity. The chart above shows the real estate activity for Kirkland single family homes from February, 2008 through April, 2009.  There’s a slight difference in the actual numbers between the Trendgraphix chart above and the MLS statistics I receive from Windermere Real Estate, but the trends are the same in each chart.  Actual numbers may vary slightly, depending on when the data is retrieved.)

The real estate news “buzz” has been all about the more positive April real estate market in the Seattle area.  The Seattle Times, The Seattle PI, and various news stations all did stories on the changes to the Seattle/Eastside real estate market.

There was a 10% chance of selling a home in Kirkland in April, 2009.  If you click on the link, you’ll see the MLS charts I’ve been using in the past. It’s good to see the chance of selling in the double digits once again.  The chances of selling is another way to characterize the “absorption rate” in which we take the number of homes sold in a particular month and divide it by the number of homes on the market.  This number tells us what the chances are that a home will sell.  In April in Kirkland, there was a 10% chance of having a home sold.  Out of 100 homes, 10 homes received and accepted offers.

It’s good to see more Kirkland homes selling.   There were 46 sales in Kirkland this April.   Pricing is down significantly, over 8% from last year, with the median price at $649,000.  Last year’s median price was $707,950.  Median pricing has been bouncing up and down this year.  Looking  at the last 4 months to estimate median pricing for this year, the median pricing in Kirkland is more like $600,000.  Some months the median price in Kirkland has been close to $700,000 and some months it’s been closer to $500,000.

The number of homes for sale in Kirkland is at its highest point for the year, but well under last year’s highs in which there were over 500 homes available in Kirkland. The number of sales has also jumped to its highest since July of 2008 as 46 homes sold.  I think home buyers are feeling like there is a breath of fresh air out in the real estate market and it feels okay to buy a home.

The $8000 first time home buyer incentive may also be applied towards a buyer’s down payment. This will help increase the number of home sales.

Weekly Real Estate Buzz in The Kirkland Highlands Through May, 7th, 2009

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on May 8, 2009 at 7:33 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.


View Larger MapThe map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 27 (28)

New listings: 1 (1)

Re-listed properties:  0 (0)

Pending inspection: 0 (1)

Pending: 0 (0)

Closed Sales: 0 (0)

Contingent sale: 0 (0)

Number of Price Reductions:  2(2)

Canceled listings 1 (0)

Expired Listings: 1 (0)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 6 (7)

$500,000-$749,999:10 (10)

$750,000-$999,999: 7 (8)

$1,000,000- $1,499,999: 2 (1)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $709,896 ($689,684)

Median Price of homes for sale: $729,500 ($694,250)

Average Days on Market: 106 (98)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $319,950 ($319,950)

Townhomes/condos

3  town homes listed

A new listing came on the market just yesterday at $1,225,000, bringing both the median and the average pricing for homes up in The Kirkland Highlands from last week.

Last week’s good news was The Washington State legislature passed a plan to use  the $8000 tax credit towards a buyer’ down payment.

This week, The Washington State Housing Authority had this to say about the program:

“The state legislature passed a bill allowing us to administer a program.  However, the program is not up and running.  There are a number of issues that need to be addressed before a viable program can be released. We currently do not have a time table.”

Hopefully the state will get this plan in gear so we do not lose too much time and too many buyers.  I’ve had a huge number of people reading my post about the plan, which indicates there is a lot of interest.  Buyers need options and we need to give it to them.

I will be presenting the monthly statistics with the absorption rate in another post.  The news on the horizon is the most positive we’ve seen in over a year.  Have we reached the bottom of the housing market?

President Obama and economists are cautiously optimistic, according to an NPR story on “All Things Considered.” Job losses were below 600,000 this past month, still a daunting number, but better than the past 6 months.

Happy Mother’s Day to all!

Weekly Real Estate Buzz in The Kirkland Highlands Through April 30th, 2009

In Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on May 1, 2009 at 2:06 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.


View Larger MapThe map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 28 (28)

New listings: 1 (2)

Re-listed properties:  0 (0)

Pending inspection: 1 (0)

Pending: 0 (1)

Closed Sales: 0 (0)

Contingent sale: 0 (0)

Number of Price Reductions:  2(3)

Canceled listings 0 (1)

Expired Listings: 0 (1)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (2)

$350,000-$499,999: 7 (7)

$500,000-$749,999:10 (8)

$750,000-$999,999: 8 (9)

$1,000,000- $1,499,999: 1 (1)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $689,684 ($676,916)

Median Price of homes for sale: $694,250 ($652,500)

Average Days on Market: 98 (96)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $319,950 ($269,950)

Townhomes/condos

3  town homes listed

This week, the least expensive home in the neighborhood received an offer.  Only one new listing has hit the market.

Last week, I mentioned that The Washington State legislature is considering a plan to use the $8000 tax credit towards a buyer’ down payment, and, yes, it passed! This is great news and should help more first time buyers get into the market, freeing up move-up buyers to move on, too. The state has not decided how it will implement the plan as of yet, but stayed tuned and I will report on it on this blog.

Another piece of good news is there were 560 home sales in King County this week, the second highest number of weekly home sales since July, 2007! Five of the last 8 weeks have had home sales near the top of the charts for the last two years.

The real estate market is still very realistic, but there’s a more positive spin on it as of late.  There are a lot of people who are out looking at homes. With the historic low interest rates, low prices, and the stimulus package for first time buyers, this could be a terrific time to buy.

Closed Kirkland Highlands home sale of the week:

None this week.


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