| Tweet |
May Reports Show Home Prices Up
New listings in the month of May lowered absorption rates slightly in Seattle, the Eastside and King County while pending sales remained strong. Mercer Island saw a decent decline in pending sales…likely due, in part, to the lack of inventory for sale in key price ranges. Median sales prices are up in most areas and average sales prices are varied. By far, the strongest spring market we have seen in years.
Data prepared and analyzed by Julie Nugent for Windermere Real Estate/Mercer Island. For questions or comments, email Julie at julie@windermere.com.
Pending Sales Soar in Greater Seattle
The absorption rate based on pending home sales continues to be off the charts with listing inventory very low and sales activity brisk. Overall, prices have continued to slip slightly in all areas except Seattle Metro–which actually saw prices rise. Of note however, is the fact that distressed properties have sold for significantly less than non-distressed homes for sale.
Data prepared and analyzed by Julie Nugent for Windermere Real Estate/Mercer Island. For questions or comments, email Julie at julie@windermere.com.
Spring Feng Shui Tips
Spring is in the air and it’s the perfect time to refresh your surroundings and life with new energy. Whether it’s starting a remodeling project, gardening or painting your walls new color, the active “yang” energy of the season can support you to take action!
Enhance the path to your home. Welcome spring with a floral doormat and a wind chime hung outside your door to stimulate energy. Remove dead plants from garden beds and pots and replace them with colorful plants and flowers. Pay attention to your decks and backyard spaces for inspiring outdoor views.
Bring the “wood” element of nature indoors. Add vase of fresh flowers or a plant to key living spaces (if you don’t have a green thumb, silk plants represent the vitality nature in full bloom). Throw away dried flowers that lack life force and become dust collectors!
Change your bedding and bedroom décor. To reflect the shift from winter to spring, use lightweight floral or striped prints for curtains, pillows, or bedding. Add inspiring artwork and clear the clutter to enhance this important room. A change in scenery refreshes body, mind and spirit!
Paint your walls or an accent wall. Paint is a low-cost and high-impact way to energize your living spaces. Be bold and try a bright color to transform your walls from drab to dramatic. Use low or zero VOC paint to ensure a healthy environment for you and your loved ones. Happy painting!
If you’re interested in a spring “tune-up” for your home and would like assistance to get started, I highly recommend my favorite Feng Shui and Color Consultant, Cynthia Chomos. She can be reached at (206) 919-0107 or visit: www.CynthiaChomos.com
