Seattle Real Estate: December 2008 Market Thoughts

seattle real estateI have been working with a lot of Seattle buyers lately trying to find good Seattle real estate out there, but the choices are extremely limited right now!  I know that many of the houses on the market right now are great houses, but because of the giant media scares everywhere and longer market times, some sellers are deciding to not list their house for now.  I understand this decision and respect it, but it is still making it difficult for me to find my buyers the perfect house.  I liked it better when there were more choices earlier in the year.

  Now that we are in the December market 2008, many sellers are staying put and the competition to sell your house if you want to is much lower.  This is good for the houses on the market, but if they happen to not be a good fit for my client and your house would be, how about getting it back on the market and making my job easier, okay? 

Alright, in all seriousness, now is a good time to sell your house, but go ahead and get through the holidays so that you can relax a bit because having your house on the market is stressful even with the best agent.  Know that when you do get it back on the rates will most likely be even lower than they are today and the lending programs will have opened up a bit if all I am hearing is true.  The buyer pool will still be smaller than it has been in years because of larger down payment requirements and stricter guidelines, but more buyers are creeping back out as the rates go lower.  Even King 5 news said this weekend that it is a good time to buy.  They did this with no qualifications so if the media is jumping on board, you can be sure that more buyers will be out and about and they will want to see your house!

Cooper Jacobs Real Estate Services, Serving Seattle real estate and Seattle suburb real estate - Realtor, e-PRO, member Built Green.

 


Courtney Cooper

Seattle Realtor, Owner/Designated Broker/EcoBroker

Cooper Jacobs Real Estate

courtney@cooperjacobs.com

206-850-8841 

(Seattle real estate - search all MLS listings from all companies for FREE), SeattleAfloat.com (Seattle Houseboats), GreenLakeLoop.com (Green Lake Blog), QueenAnneBoulevard.com (Queen Anne Blog), MagnoliaView.com (Magnolia Neighborhood Blog)

About Me: 

Seattle real estate has been a big part of my life for well over a decade since I began my career in real estate,but also before that time when I was in the process of purchasing my own first home.  Buying your first home can be quite overwhelming,but I have managed to help many first time home buyers along the way.

Move up Seattle buyers and other types of specialized purchasing is a great passion of mine!  I love Seattle houseboats and you can find me down on the docks of Lake Union and Portage Bay several times a week.   Other aspects of Seattle real estate that I adore include Queen Anne Real Estate,Wallingford Real EstateBallard Real EstateGreen Lake Real EstateLaurelhurst Real EstateMagnolia Real Estate,andSeattle Waterfront Real Estate.

In addition to being a Seattle residential broker and founder of Cooper Jacobs & Seattle Afloat, I am also a member of CBA (Commercial Brokers Association) and head of the Cooper Jacobs Commercial Division in an effort to provide excellent commercial real estate services to the Seattle commercial real estate industry.  With a background in accounting and management, it is my great pleasure to coordinate our Seattle commercial brokers. 

About Cooper Jacobs Real Estate's Seattle Branch:

 My office at Cooper Jacobs Real Estate LLC is located centrally near all my favorite Puget Sound neighborhoods just a few blocks up from Lake Union in Seattle’s Wallingford.  Cooper Jacobs Real Estate is a wonderful place filled with talented Seattle real estate brokers and I count myself extremely lucky that I get to spend so much time with these wonderful people.  We specialize in different Seattle neighborhoods and suburbs in both residential and commercial real estate and are all very passionate and excited about each of our favorite Seattle neighborhoods and industries!

©Courtney Cooper ©Cooper Jacobs Real Estate LLC

2 commentsCourtney Cooper 206-850-8841 • December 09 2008 03:18PM

Comments

I firmly believe the best day out of the entire year to buy a home is on Christmas! Everybody is happy on Christmas. Sellers are overjoyed to accept offers -- more agreeable to negotiations, plus there is no competition because nobody else is out looking. :)

Elizabeth Weintraub Land Park Real Estate Agent in Sacramento

Posted by Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, #00697006 Lyon RE (Lyon Real Estate #00697006) about 3 years ago

Perhaps re-orienting buyers that there is no such thing as a perfect house will help?  Sometimes when lack of supply exists, it's time for buyers to get more motivated, but perhaps that too is hard to do in this market.  Seattle must be a much stronger market than Cleveland.

Posted by Chris Olsen Broker Owner Cleveland Ohio Real Estate (Olsen Ziegler Realty) about 3 years ago

This blog does not allow anonymous comments