Market statistics, by quarter, for the Ballard, Blue Ridge, Green Lake, Fremont, Loyal Heights, North Beach, Phinney Ridge and Sunset Hill neighborhoods.
HOW IS THE MARKET?
The general approach to market analysis translates to the following:
— It is a BUYER’S market when there is 6 or more months of inventory.
— It is a BALANCED market when there is 3-6 months of inventory.
— It is a SELLER’S market when there are 0-3 months of inventory.
Ballard, Blue Ridge, Green Lake, Fremont, Loyal Heights, North Beach, Phinney Ridge and Sunset Hill Real Estate Activity By Quarter
Inglewood, Kenmore,Lake Forest Park and Sheridan Beach Real Estate Activities By Quarter
The market statistics, by quarter, for the Inglewood, Kenmore, Lake Forest Park and Sheridan Beach neighborhood.
HOW IS THE MARKET?
The general approach to market analysis translates to the following:
— It is a BUYER’S market when there is 6 or more months of inventory.
— It is a BALANCED market when there is 3-6 months of inventory.
–It is a SELLER’S market when there are 0-3 months of inventory.
Laurelhurst, Ravenna, Sand Point, View Ridge, Wedgwood, Windermere and NE Seattle Real Estate Activity By Quarter
The real estate market statistics, by quarter, for the Inverness, Laurelhurst, Ravenna, Sand Point, View Ridge, Wedgwood, Windermere and northeast Seattle neighborhoods.
HOW IS THE MARKET?
The general approach to market analysis translates to the following:
— It is a BUYER’S market when there is 6 or more months of inventory.
— It is a BALANCED market when there is 3-6 months of inventory.
— It is a SELLER’S market when there are 0-3 months of inventory.
Broadmoor, Capitol Hill, Leschi, Madison Park, Madrona and Montlake Real Estate Activity By Quarter
The market statistics, by quarter, for the Broadmoor, Capitol Hill, Leschi, Madison Park, Madrona and Montlake neighborhoods.
HOW IS THE MARKET?
The general approach to market analysis translates to the following:
— It is a BUYER’S market when there is 6 or more months of inventory.
— It is a BALANCED market when there is 3-6 months of inventory.
— It is a SELLER’S market when there are 0-3 months of inventory.
Burien and Normandy Park Real Estate Activity By Quarter
The market statistics, by quarter, for the Normandy Park and Burien neighborhoods.
HOW IS THE MARKET?
The general approach to market analysis translates to the following:
— It is a BUYER’S market when there is 6 or more months of inventory.
— It is a BALANCED market when there is 3-6 months of inventory.
— It is a SELLER’S market when there are 0-3 months of inventory.
“Never invest in anything that eats or needs repainting” . . .
This title is a quote from Billy Rose, composer and investor.
THE LESSON: Any investment that depends on repeated infusions of cash probably is not as good an investment as it first seems. Even if you try to take the ongoing expenses into account, there is a good chance that you will underestimate them.
Example: Those who are tempted to take advantage of today’s beaten-down real estate prices by becoming landlords should speak to a few other landlords — or a knowledgeable real estate consultant — first to get a clear picture of what you may be getting yourself into.
This warning is my introduction to a series of articles to follow on the ins and outs of investment properties.
YOUR INVESTMENT OPTIONS . . .
Investing Defined
Whenever an individual places surplus funds in the bank or stock market, or purchases real estate for speculation, he or she has made an investment decision. There is a wide variety of investment vehicles available. Each type of investment has unique characteristics that may be desirable to one investor yet undesirable to another. Investors may even evaluate each investment differently. Each investment may also exhibit different risk levels, and the return or yield on an investment should be commensurate with the amount of risk associated with it.
Why People Invest
People invest to obtain the financial independence necessary to achieve their goals. Achieving financial success usually takes time, careful planning, and the assistance of other professionals. Most people invest for the following reason:
- To generate additional income
- To acquire wealth for their retirement
- To accumulate for their children’s education
- To acquire prestige in the community
- To create an estate for their heirs
- To obtain financial independence
Common Investment Vehicles
- Saving accounts and certificates of deposit
- Stocks and mutual funds
- Real estate
- Partnership interests
- Bonds and bond funds
- Mortgages/trust deeds
- Collectibles/art
ARE YOU AN INVESTING BOOMER?
Baby boomers are participating in the investment real estate market segment. A survey of 1,300 agents and brokers by Coldwell Banker Real Estate found that baby boomers not only have a strong desire to purchase and own a home, they want more than one home.
About 87 percent of respondents said they have baby-boomer Clients who already own or are looking to own investment property, including 22 percent of agents who report that at least half (50 percent) of their boomer Clients are taking advantage of today’s market and historically low interest rates to own such investment properties.