Greetings Condomaniacs!
September 15, 2007
Welcome to Condobloggin’! This blog is created as a forum for Eastside and Seattle condo owners and would-be owners to discuss the features that they love, like or dislike about their current or former condominium homes or ask questions about condominium communities that they are interested in living in.
What’s Happening?
It seems like just yesterday that any property that came on the
market was not only sold in record time but also for a record price - many times with multiple offers! If you’ve been watching the market in preparation for selling your condominium home, you may have noticed that there are more and more properties available with “For Sale” signs staying up for months instead of days!
Like all cyclical markets, real estate adjusts to prevailing conditions in response to supply and demand - with the addition of mortgage availability thrown in for good measure! Although our area is still in a positive appreciation mode, (unlike many parts of the country), there are several factors that need to be understood to properly position your home for the most profitable sales experience! As your WINDERMERE “Condominium Specialist,” I’ll review recent sales ratios and absorption rates for similar properies to show you not only where the market has been but where it is headed! You’ll see why some properties are selling quickly while others, in a different price range, may take far longer to sell.
With my guidance and 20 years of expert condominium marketing experience, you’ll have the advantage of being able to negotiate with a buyer from a position of knowledge and solid factual information instead of “wishful thinking!”
Let me know what YOU think!
Future topics might include:
Amenities-what do you want vs. what do you actually use?
Rental caps-good, bad or indifferent?
New Construction-initial expectations vs. reality?
Or any other issues that you may find of interest to other Condomaniacs. For other ideas and topics for discussion, you might want to read my Newsletter, “The Next Step” at http://www.condomaximums.com.preview.z57.com/custom3.shtml
