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Market Conditions in Washington : Real Estate Advice

  • All279
  • Local Info25
  • Home Buying145
  • Home Selling28
  • Market Conditions11

Activity 399
Mon May 22, 2017
Tim Le answered:
I just finish build a custom home in Tukwila 98168 3800 sq. ft walk out basement 9 foot ceiling for $120 sq/ft in 05/05/2017,, Just get more bids
0 votes 24 answers Share Flag
Wed Apr 5, 2017
Ardell Dellaloggia answered:
First, small correction. 98199 is Magnolia and 98119 is Queen Anne. The reason you are seeing few sales of townhomes in Magnolia is that most of the sales have been smaller single family homes in the $400,000 to $500,000 price range. Given the choice, people opt to own a 2 bedroom home on a 4,000 to 6,000 square foot lot for better future value protection. Also to have a yard. Townhomes sell better in areas where you can't buy a home in that price range. As to Queen Anne, people opt for view. There are some fabulous views in Queen Anne from large 2 bedroom condos. So people opt for the condo with view vs. the townhome without view in the $400,000 to $500,000 price range.

Part of what is going on in that particular price range is the drying up of funding for people with little to no money down and less than stellar credit scores. The asking prices that are now reducing were based on sale prices from a time when lending practices were a lot looser. So price dropping is not helping since too many cannot buy at any price.
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1 vote 5 answers Share Flag
Fri Jan 20, 2017
Sarah Masono answered:
Very vague question. I would consult with a contractor to figure that out. Can range anywhere depending on what fixtures you want in the home.
0 votes 1 answer Share Flag
Mon Oct 31, 2016
Angelica P answered:
Hi,

We have experienced a technical issue in our system and our engineers are currently searching for a solution. We thank you for your patience. Please be assured that we are working to resolve this issue as quickly as possible.


Thank you for using Trulia!

Angelica
Consumer Care Advocate
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0 votes 1 answer Share Flag
Sun Sep 11, 2016
Chris Hutchens answered:
This is all fine and dandy!!

But why does Trulia confuse the issue and these different in different markets?

http://www.trulia.com/real_estate/Loveland-Colorado/

http://www.trulia.com/real_estate/Boise-Idaho/

First rule in life compare apples to apple not lions!

Thansk
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0 votes 10 answers Share Flag
Thu Jul 28, 2016
Va39developmentgroup answered:
Just wait until everything about brexit matter ends then you can apply for pre-app.
0 votes 1 answer Share Flag
Wed Jun 8, 2016
Kary Krismer answered:
Agents could create reports by zip code, but the NWMLS doesn't publish them that way, even for agents. They do publish by NWMLS area. http://www.northwestmls.com/library/content/statistics/KCBreakouts.pdf

The SPD also publishes crime stats. Perhaps you could overlay the NWMLS areas with the crime stats maps to get your correlations by the larger NWMLS areas?
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0 votes 1 answer Share Flag
Fri Apr 8, 2016
Kary Krismer answered:
It sounds like BECU is doing some sort of automated valuation, and not allowing you to substitute that for a real live appraisal. Given that, I don't really think that it matters what the "correct" answer is. For a second position HELOC they're going to want to be conservative.

As to your taxes, they are most likely to have accurate information about your house. If you have comps that can refute the value, you could contest the value during a period which typically occurs once each year after they send you a new valuation. But I don't think you're likely to get there arguing over square footage, but instead showing lower values for similar houses.

Keep in mind that a real valuation might discount your property for being a split entry (assuming that's what you meant by split level). Those would typically be your best comps.
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0 votes 1 answer Share Flag
Thu Feb 25, 2016
Ted Clevenger answered:
I think prices are only going to go up in that market. inventory is still low and most people are holding onto homes after they move to a new home and keeping the original as an investment. If you have any questions about financing (how to pay for the home) please give me a call or shoot me an email. I love running through scenarios and answering questions.

Ted
360.594.4033
ted@neighborhoodmortgage.net
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0 votes 2 answers Share Flag
Mon Feb 1, 2016
Dan Tabit answered:
Mark,
I've never worked in Kingston, but I looked up what may be available there. Based on only a very cursory look, I'd say it's much more affordable than Edmonds or Lynnwood, but you'd have the added living expenses of daily Ferry trips if you need to work on the west side.
Ideally, where ever you buy starts out reasonable but then appreciates once you have it.
The average days on the market for the past 180 days is 74, but there are several homes sold in 10 days or less.
If the ferry trip isn't an issue, check it out.
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0 votes 1 answer Share Flag
Mon Nov 30, 2015
Gerald Feenstra answered:
Hi Marietta,

If your home is listed for sale, I would reach out to your listing agent who can then correct the information. But if you're just looking to adjust the information on your home off the market, I would reach out to Trulia Customer Support. They can be reached at; 1 (888) 466-3501

Good luck!
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0 votes 1 answer Share Flag
Sat Oct 10, 2015
dlcoys asked:
Fri Oct 2, 2015
Dan Tabit answered:
Bryan,
I'm sorry I didn't see this question when you asked it. In general, Snoqualmie has been a very good market this year for sellers. We had a listing earlier on that was under contract in 7 days with multiple offers that waived inspection and went well over list price. Others have had similar results.
We are currently in a Fall slowdown, but any home that is properly prepared, marketed and priced will sell quickly. Let me know if I can help.
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0 votes 2 answers Share Flag
Thu Jul 23, 2015
David.pierce28 answered:
The area doesn't have a strong multifamily presence - more single family homes (rural)..... The area is growing and should continue to grow as the economy begins migrating south from Seattle towards Olympia..... But yea, not a lot of comparables in the area..... ... more
0 votes 2 answers Share Flag
Wed Jul 1, 2015
Denise asked:
This question was asked from http://www.trulia.com/property/3188943027-6598-Hunt-Highlands-Loop-Gig-Harbor-WA-98335
0 votes 0 Answers Share Flag
Wed Jun 17, 2015
Jirius Isaac answered:
I do not understand what you want or why you need such detailed information. It would take a lot of research to probably answer once I understood.
0 votes 1 answer Share Flag
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