Want to Buy or Sell in Auburn, WA? Better Use an Experienced Short Sale Agent!
At a recent Short Sale and Foreclosure class, I observed that possibly over 70% of agents in the greater Seattle/Bellevue/Tacoma area have never handled a short sale or bank-owned (foreclosure) property on either the buyer or seller side. Now that may be okay in some areas of King County, but as you work your way south into the Auburn area and further into the north Pierce County area, you definitely need to be working with an agent who has Short Sale and Foreclosure experience. Here’s why: Although I run statistics frequently, I hadn’t actually compared different parts of the region... [Read more...]
Want to Sell Your House Fast?
Drop the price! The first two months of sales data in the greater Auburn, Washington tell the story perfectly — Want or Need to Sell Your Home Fast? — Drop The Price! Or at least price it within the range of those houses that are actually selling: Granted, this little chart only shows three months of home sale activity in the greater Auburn area, but it clearly reflects that homes sell faster when they are nearer the lower end of the pricing spectrum. Here you can see that the average home listing price is above $300,000, but the average price for home sales that actually closed (i.e.,... [Read more...]
What Sold in Auburn, WA in 2009?
Yes, homes and other properties DID sell in Auburn in 2009. From an agent’s standpoint, the business of real estate felt slower until Fall, then things started jumping like mad! I know from my own business that every single sale was a lot of work — always gratifying, but whew! The start of real estate in 2010 is moving right along! Just so you know … Days on Market is the number of days the property was Active; i.e., available for sale and not under any sort of a purchase contract. Sometimes, especially where short sales are involved, a property may go in and out of Active status,... [Read more...]
Recent Market Update for Auburn Washington–What’s Selling and How Long Is It Taking?
The news media provides an overall look at what the real estate market is doing coast to coast. If you regularly read the local Sunday papers, you may even get a feel for what’s selling in various counties or even in your local community. Graphs bring that information down in a visual, manageable method, making it a bit easier to figure out what’s really going on. The graphs here are for the Auburn, Algona & Pacific areas of King County, known by the Northwest Multiple Listing Service as Area 310. At the time we look at your home’s individual value, however, this information... [Read more...]
