Lake Washington Homes

Seattle foreclosures have been rising steadily for the past couple of years, but a new article from CNN Money puts the total numbers in perspective.  While Seattle got hit with the real estate downturn much later than most cities, our foreclosures have been increasing while other cities have been slowing.  This hasn’t affected Lake Washington waterfront real [...]

This is an interesting article by Diana Forman with the Floating Homes Association.  The Shoreline Master Program (SMP) consists of regulations for the use of waterways in the Seattle area including Lake Washington.  There is a committee that consists of land owners, businesses, developers, and recreation groups that all have a stake in the management [...]

The jumbo mortgate market has been rough for more than a year.  Interest rates on larger mortgages have remained very high, as banks are reluctant to make large investments in individual borrowers.  This has caused a real lag in sales of luxury homes and waterfront homes on Lake Washington.
There may finally be some relief on [...]

Here are last month’s Seattle waterfront homes sold in the greater Seattle area:
On the North end of Medina, a 4 bed, 4.25 bath home was sold for around $3.3 million.  Listed at nearly $4 million, this was a big discount for the buyer.  The home is on almost half an acre, which is somewhat deceiving [...]

Waterfront home sales on Lake Washington have slowed a bit as we move into late summer.  While the real estate market in Seattle has been strong now for a few months, lower-priced homes have been the biggest sellers.  As more of these lower end homes sell, we should see some more move-up buyers getting into [...]