Well priced Island properties are starting to sell again. In fact, my beautiful Mercer Island condo listing, with the unobstructed 180′ view, has now received an excellent offer. Of course, pricing properties at current market value is the key to sales in any price range now, as always. If you have been sitting on the fence waiting to purchase, now is the ideal time to make your move. As they say, “No one rings a bell when prices hit rock bottom.”
I don’t believe that home, condo, or land prices–or interest rates–will drop much lower, if at all. Years from now you may look back and be sorry that you didn’t buy up some of the amazing “deals” on property that are available now. Once the market recovers-and it will recover-you’ll have acquired an amazing amount of equity in your dream home. People who bought distressed properties years ago and passed them on to their children and/or grandchildren have seen those properties become a nest egg, and a college fund for their descendants.
When the sun shines on our beautiful Island, there’s nothing better. It’s so pretty here, looking across our cerulean blue Lake Washington to the snow-capped mountains and cityscape beyond. We have many wonderful view, and waterfront, properties on the market now for unbelievably low prices. Please call, text, or email me to see them, or I can email you the latest listings that I consider “best buys” as they come available.
Speaking of ideal Mercer Island properties, there is a great custom home, similar to a Mercer Island home, on a similar ravine site in close in Issaquah that is an excellent buy: 4 bedrooms, 3 baths, a recreation room with wet bar that is large enough for both pool, and ping pong, tables, and so much more for only $410,000. This superb home will be open on the “Issaquah Home Tour” this Saturday and Sunday, May 2nd and 3rd, from 1:00-5:00 both days. Please contact me for more information.