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Rodney Johnston
REALTORĀ®
    Years of Experience: 15

    MBA
    CMA

Direct: (206) 979-2660

Office: (206) 979-2660



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Keller-Williams Realty
505 106th Ave NE #210
Bellevue, WA 98004
(206) 979-2660


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Posts Tagged ‘Kirkland Real Estate’

Kirkland Real Estate – Time to Buy is NOW!

Tuesday, February 2nd, 2010

I often get asked if I believe the market is going to continue to go down, or when is a good time to buy? In my opinion, we are nearing the bottom. Especially, in the markets that seem to always be fairly stable. Kirkland, Bellevue, Redmond and other east side spots have not had as extreme downward trend as the rest of the county, or state.

Kirkland real estate prices are down only about 3.5% from median price in 2009 to median price in 2008. The county is down approximately 10% or more depending on which statistic you quote. Prices were down from 2007 to 2008 both in Kirkland the rest of the county by a much higher rate. One skewing factor is an increase in short-sales and foreclosures. This tends to bring Kirkland real estate sales and prices down.

Also, the number of Kirkland houses for sale has trended downward. This statistic can tell you that the foreclosure mess is getting cleaned up and those who wanted to sell their Kirkland house have done so.

So, why do I think now is the time to buy a house in Kirkland, Bellevue, or Redmond? Here’s why:

- House values in Kirkland, Bellevue, Redmond are down less from 2008 to 2009 than from 2007 to 2008.
- A good chunk of the foreclosure homes and ARM’s have been cleaned up. (there are still more)
- Interest rates remain relatively low fluctuating around 5.25% to 5.75%
- Federal Tax credit available to ALL home buyers ($8,000 to 1st time home buyers who haven’t owned a home in more than 3 years, $6,000 for home buyers looking for a new residence)
- Great values abound. Sure, the median home prices in Kirkland and surrounding areas is down 3.5%. However, there still are a number of short-sales and distressed properties that you can pick up at a 10% to 20% discount or more. (Call me and I can point you in the right direction.

In a nutshell, if you’ve been waiting on the sidelines trying to time the market to catch the bottom, strap on your helmet and get in the game. There are great values, the interest rates are awesome and you can pick up $6,500 to $8,000 tax credit to boot.

Relocating to Washington? Try Kirkland to Meet All Your Needs

Friday, July 24th, 2009

Are you relocating to Washington State as a result of a new job offer, job change or life change? Perhaps it’s at one of the large companies on the eastside of Lake Washington like Microsoft, or perhaps Google, AT&T Wireless, or any of the other high-tech companies in the Redmond/Kirkland/Bellevue corridor. If so, you may want to check out Kirkland to meet all of your relocation requirements.

I’m sure you’re the organized type and have put together a checklist of all of the things you need to look for in a house and community. For a bit of advice, the list should include:

- Proximity to your new employer (Kirkland is minutes to the major employers on the eastside of Lake Washington)
- Proximity to your place of worship if that’s important to you
- Quality of Schools (Kirkland Schools are ranked in the top for the entire state)
- Closeness to Shopping – both for food and clothing
- Diversity of the population. You want a diverse ethnic and income range for your area
- Are there parks, theater groups, and other activities in that area.

These are just a few of the “must-have” items for your list. Frankly, Kirkland meets or exceeds all of these criteria. Kirkland has a new Performing Arts Center and has a play, or concert three or four nights per week and sometimes more. One of the things I like about Kirkland is that it still has a small town feel, yet it’s only 15 minutes to downtown Seattle. There are a lot of “quaint” shops in the downtown area that are not chain shops. They also have a lot of Art Galleries on top of the theater arts. Restaurants in Kirkland are also excellent. I highly recommend Restaurante Paradiso. It’s a great hole in the wall Italian Restaurant. The chef is actually from Sicily.

One other big advantage to Kirkland is that it sits on the shores of Lake Washington. There are beautiful spots on the water including several parks and restaurants. Many residents have boats so they can simply put their boat in the water on the weekend and go out for a ride. Kirkland is also a healthy town. There are always residents walking along the sidewalk, or the trails of Lake Washington.

So, if you’re relocating to Washington State and are looking for a city with a small town feel, great attention to the arts and close to downtown Seattle, I highly recommend you check out Kirkland when you get the chance.

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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