Seattle Street of Dreams

Two days ago I went to see Seattle Street of Dreams. You would think that the houses would be so nice that a person would want every one of them. Well, it isn’t so. This year the houses are all under two million dollars, where last year they were around five million. Out of the 5 houses showcased, only two are actually nice. One gave me the impression that the builder or designer had no taste in what they were doing. Another one I would’n pay more than a million for it. Last one had great outdoor living area, but lacked in design inside. 

         For those that are planning on going to this year’s Street of Dreams, I have $3 off coupons. All you need to do is email me at Pavel@kw.com, or call me at (206)406-8664 and I will give you as many as you need.

         For current real estate information, newsand listings, visit my websites, whichever you like          www.RealtorPavel.com         www.NWresidences.com     www.IntegrityRealtyCrew.com

            

Alki Beach condos

Today’s post is about Alki Beach in West Seattle. This is one of the few best places to live and hang out if you like to live practically on the beach. Across the street from the beach are different restaurants, bars, cafes, bakeries and more. The beach is sandy in one place, but covered in little stones in another area. On the weekends, this is a get-together spot for friends. Across the water you can see downtown Seattle. This is a gorgeous place.

           Condos in this place are supprisingly affordable. They start at $200,000 and go up to over a million for a really nice one. This is a great area if you enjoy watching the water, boats, and people strolling, jogging, biking down the beach. It’s also great for sunbathing and then cooling off in cool water. You can search for homes in this area on my website NWresidences.com. If you have questions, leave them in comments area, email to pavel@kw.com or call me for a free, no obligations consultation at (206)406-8664.

Seattle Street of Dreams

Seattle annual Street of Dreams is open. For those that don’t know, it is a showcase of top builders and architects, as well as some additional vendors that hosts 80-100,000 people every year and benefits organizations that help children in need. This is truly a magnificent show of talent, creativity and skill in construction and decorating of residential homes. These top homes are for sale at a very reasonable price and all sell very quickly.  2007 Seattle Street of Dreams is located in the brand new community of “Quinn’s Crossing”. Five eco-friendly show homes, ranging in size from approximately 4,200 – 4,750 square feet are featured. The show homes are priced up to $1.975M with each home uniquely designed and displaying the latest trends in architecture, interior design, home technology and landscaping.  Street of Dreams is open daily from 10 AM to 9 PM July 14th through August 19, 2007. Visit SeattleStreetofDreams.com for more information and to buy tickets.

Slowing market in Puget Sound

            I recently listed two houses for sale, and I have to say that it has been an awakening for me. What I personally realized is that homes are not selling so quickly as they used to. One house has been for sale for 60 days, and another one for seventy, and very few people come look at them. No offers to purchase yet. This is totally different from previous years. Further, aggressive pricing does not work in market like this. You have to price the property on the low end of price range if you are serious about selling it.

        We are heading into the buyer’s market. This is unusual for many sellers in Seattle area that have gotten used to houses selling fast without much effort to sell them. Sellers will not only have to price their homes well, but prepare the house to look really good, to appeal to prospective buyers. Inventory of homes on the market has doubled or even tripled, without additional buyers on the market. Staging a home to look like a model home is a good thing to invest into when putting a home on the market. Also, fixing anything that’s broken is necessary. No longer will buyers buy a home that smells ar needs new carpet, unless of course it is priced really low, which is not typical. Most sellers that I’ve seen price the house at the top of the price range and say that they will credit some money for new carpet. That won’t work. Now sellers need to change carpet and possibly paint the house to generate any interest from the buyers. Leave your questions or comments below, or visit my website to request booklets about common seller mistakes to learn more. Thank you.

Pavel Vasilyuk

www.realtorpavel.com

www.integrityrealtycrew.com

www.nwresidences.com

pavel@kw.com