Karla Hulse

Karla Hulse

khulse@windermere.com
(206) 650-2735
www.HOMESinNW.com

Windermere

Windermere Real Estate/ Wall St. Inc

Homes in the NorthWest Newsletter

Your most valuable source for honest, up-to-date
real estate information!  October 2008

This month's focus area....

Eastlake

Seattle's Eastlake community is so named because of its location on the eastern shore of Lake Union. The neighborhood contains a diverse mix of residential and commercial use. Floating homes, apartments, condos, and houses along with many small business are nestled between the Lake Union shoreline and Eastlake Avenue. Though populated by all manner of Seattleites, Eastlake is a particularly attractive location for people with ties to The University of Washington, which can be reached quickly by a number of bus routes.

Things to see and do in Eastlake

*I-5 Colonnade Mountain Bike Park*

Featuring 1.5 miles of trail. The park offers a full range of technical trail techniques. This new model focuses not on mileage but rider experience and progression of one's skills.

 

*Lynn Street Park*

. Originally opened in 1970 the park has been renovated numerous times over the years. Most recently in 2002 when a beer truck's brakes went out and crashed down the hill and damaged the park!

 

*ECC Annual Elections Meeting*

Oct. 9 (Tuesday) 7-9 p.m., TOPS-Seward School, 2500 Franklin Ave. Candidates for City Council and School Board will debate and field your questions, and ECC holds its annual board elections.

Restaurant of the Month.....

Address: 2389 Eastlake Ave E
Phone: 206.325.0081
Price: $ (1-15)

Hours: Breakfast serves Mon-Fri 7-10:30, Sat. 7-1, Sun. 8-2 Lunch served Mon-Fri 11-7, Sat. 1-6

web site :http://www.louisascafe.com/

Delicious bread and pastries baked fresh on site! Enjoy espresso, coffee, and much more!

Market Stats for King County

Residential median price of closed sales for August 07    $450,000

Residential median price of closed sales for August 08    $417,000

 

Condo median price of closed sales for August 07 $293,303

Condo median price of closed sales for August 08 $275,000

 

Prices have fallen off slightly from August 2007 to August 2008 for Residential and Condo prices.

This is a great time to be a buyer, lots of inventory and anxious sellers equal some great prices!!!

 

 

Real Estate in the News

I have compiled some informative and interesting articles published recently regarding the Northwest real estate market.

* "Down-payment demands rise as mortgages drop " Click Here

* "More sellers are growing desperate as home buying stalls locally" Click Here

* "Mortgage bailout: Cheaper lending, more taxpayer risk" Click Here

Today's Mortgage Rate

Mortgage Calculator. Find out what your monthly payment would be based on purchase price, percent down, and interest rate. Great resource!

Windermere Home Update

October 2008

In this month's issue

"Indoor air-quality basics "

Click Here

Statistical Market Comparisons

Check out these market comparisons for Condos and Single Family homes all around the Seattle Area.

Residential August 08

Condominium August 08

Weekly Stats

Highlighting specific areas with the number of active listings, pending and weekly supply.

Residential

Condominium

 

Search for Properties

Click Here

 

 

   

My business is built from you and your referrals. Thank you for thinking of me when you think Real Estate! 

Karla Hulse

Information is provided as a courtesy, it is not a warranty, and should be independently investigated.