Seattle Market ... Let the Bargain Hunting Continue!

There are still many homes that while presenting a solid value are not going to go at bargain prices. Someone will make a decent offer, and we still see some homes selling after only a week or two on the market. But on the other hand, for those that would rather compromise on the exact dynamics of their wish list and realize a little extra cash value, the deals are certainly out there. The trade-off of wanting to gauge the exact point at which values will be lowest vs. taking advantage of a definite bargain available now is something each one of us will have to judge for ourselves, however, it certainly provides an interesting diversion while keeping a sharp eye on the national commotion and the upcoming election!

By the way, I just got mutual on a Queen Anne townhome for a young couple that is being financed by a private lender...her parents. This is the good old method and I bet we will see more of that in the next few months as buyers push to take advantage of the major deals available now. Parents these days have gotten used to the idea that their excess cash should go to a second home or other investments, but this investing in their kids is likely to grow, as it really makes sense for both sides, the kids get a safe loan and the parents get a good bet on a decent investment!

Edy Kizaki

Realtor & Team Leader

www.SeattlePowerSearch.com