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 [...]

There have been a good number of new waterfront foreclosures in the Seattle area.  From creeks to Lake Washington waterfront, these properties are usually well-priced.
Surprisingly, there are still three bank-owned floating homes for sale.  These properties have been on the market for a while, and are not your average houseboats.  They’re newly-built, high-end, floating homes [...]

There are a handful of new foreclosures on the waterfront in Greater Seattle that have become bank-owned homes for sale on the NWMLS.
There are still three bank-owned floating homes for sale – I’m surprised they haven’t been scooped up yet.  These are not your average houseboats.  They’re brand new, high-end, quality-built floating homes.  I’ve toured a [...]

There were two sales in July of Seattle area waterfront homes on Lake Washington and Lake Sammamish.  Between $1 and $1 million, these Bellevue waterfront and Kirkland waterfront homes are in the low-to-mid range of sale prices on the Seattle-area lakes.

Bellevue Waterfront Homes – The Bellevue home sold was on Lake Sammamish, on Bellevue’s East [...]

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 [...]