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Tag: home values

Determining home value: What makes a good “Comp” for your home?

Determining home value: What makes a good “Comp” for your home?

In real-estate-speak, a “comp” refers to a comparable property used to help you, the homeowner, determine the current market value of your home. Most any real estate broker will happily prepare a complimentary CMA for you as a preliminary step to listing your home for sale, but a CMA can also be useful in other circumstances. For instance, you may want a CMA to present to your bank prior to paying for an appraisal when refinancing your home loan, or…

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Good News in Seattle Real Estate

Good News in Seattle Real Estate

The Good News In Real Estate courtesy of Prudential Northwest Realty Associates, 2012 ‐ 4th Quarter Quotes, Issue 71 Excerpted from The Seattle Post Intelligencer ‐ December 5, 2012 Seattle‐Area House Prices Surge…King County house prices rose by nearly 20% over the past year, according to a new report. The median price of a King County house that sold in November was $385,000 up 19.7% from a year earlier and 4.1% from this October, the Northwest Multiple Listing Service reported. The median price in Seattle…

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Perception is everything in home values

Perception is everything in home values

This is one of those spectacular, sunny mornings that answers the question (usually posed by out-of-towners), “Why would you choose to live in Seattle where it rains so much?” They don’t understand that one day like this makes up for a whole bunch of the others. And it’s okay with me if we keep it our little secret 😉 Right now (11:45AM) I’m holding an Open House at 7426 44th Ave SW in West Seattle and here is the view…

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