Need a bigger home?

Need a Bigger House or Condo???

Guess what? It's that time of year again when people are going crazy for Real Estate in the Pacific Northwest. Unlike other regions of the country, we are still in a sellers market! Also, this is traditionally the busiest time of the year... kids are getting out of school, and families are ready to move. If you have a home, especially one in the $550,000 to $850,000 range, now could be the best time to start thinking about a June listing.

Also, attention all Cosmopolitan owners!!! Stop putting your units on the market! If you can afford to hold, then hold. Right now approx. 1/3rd of all the units have been placed back onto the market and the owners haven't even moved in. The idea here is to make a quick buck, but the problem is that they are all competing against each other and against all of the other condo projects that get revealed on a near daily basis. Also, potential buyers are starting to take notice and their suspicions about the building are increasing with every new listing. It's almost impossible to rent the units for the right price to pay for the dues, mortgage, etc. but if you can even wait 6 months or a year, make it happen. Better yet, move in, wait two years, and get the big deduction before you make the move to the Escala of similar.

Downtown, highrise condo buyers are often of similar breed, and the floor envy that one feels in the elevator when your neighbor pushs 32 (you live on 24) is now being pushed to building envy. Who knows what building will truly become the most posh or the most desirable? Will Trump indeed build a tower in the next five to ten years? Both the Seattle and Bellevue skylines are changing at a rate that puts most of the country into hybernation. Maybe we're like a tiny Dubai, without all the great weather, extreme wealth, and palm-shaped islands?

Bottom line, live where you want to live and buy anything that you can afford... Real Estate is still one of the safest and best investments. You can't live in your stock portfolio and it won't get you laid (unless you drive a Ferrari with the word "Google" on the license plate!)