Community June 3, 2015

Community Service Day 2015

mammashandsOne of our favorite days every year is Community Service Day. All of our Windermere offices close so the brokers and staff can spend the day volunteering with local non-profit organizations. This year, our Windermere Bellevue South office will be spending the day helping out Mamma's Hands.

Mamma's Hands was founded to provide hope and support to those in crisis. Their mission is to help those in crisis regain their self-respect, and to provide them the support and direction they need to become productive members of society. Their vision is "Hope in Every Individual." To accomplish this mission, Mamma’s Hands has created two programs: The Phone Home program and the House of Hope program. This year marks their 25th year anniversary of helping those in the Puget Sound area! 

BellevueSouthWindermere Bellevue South brokers and staff have a lot of work ahead of them. Mamma's Hands has three homes for women and children in crisis on 15 beautiful acres in North Bend, and that's where they'll be for Community Service Day. They'll be helping Mamma's Hands by installing security cameras, staining eves, installing base trim, and installing cabinets and shelving. They'll be building deck railings, roofing the shed, and doing plenty of yard clean-up by weeding, mowing and preparing the flower beds for summer. It should be a great day to accomplish a lot!

Want to learn more about Mamma's Hands? Visit their website or follow them on Facebook.

Local Market Updates May 19, 2015

Local Market Update May 2015

Continued strong demand has pushed home prices in King County over their 2007 peak. Faced with record low inventory and anxiety about rising interest rates, buyers are snapping up homes as soon as they come on the market. What is tough news for buyers is a boon for sellers. A recent analysis of home sales in King County showed that 41 percent sold for over list price. • Both closed sales and pending sales (agreements that have been signed but not yet closed) in King County were up by double digits over last March. • Home prices continued their steady rise. • April was the sixth consecutive month of record-low inventory.

Eastside

Click image to view full report.

Click image to view full report.

Both home sales and home prices on the Eastside rose in April. The number of closed sales were up by 15 percent over last year. The median price of a single family home was up 6 percent to $654,650. Stiff competition for homes was exacerbated by lack of inventory, with just one month supply available.

 

 

 

 

 

 

 

 

 

 

King County

Click image to view full report.

Click image to view full report.

April was the second month in a row that King County had less than one month of available inventory. (A supply of three to six months is considered balanced.) The number of closed sales climbed 17 percent over the same time last year. The median price of a single family home in King County rose 11 percent over last year to $480,000.

 

 

 

 

 

 

 

 

 

 

See the original article on the Windermere Eastside blog.