In helping our buyers and sellers we are pleased to report we do not come across as many distressed sales as we did in the past.
A distressed sale, also known as a short sale, is where the the owner owes more than the market can bear. Distressed sales bring home values down.
In 2012 the 98058 Fairwood Renton ZIP code market reported 20% of the market were short sales.
In 2013 it was 17%.
Excited to report that in 2014, it is only 10%!
For the tenth year in a row, Rosie Rourke, John L. Scott, received the Five Star Professional Award.
Five Star Professional conducts market-specific research throughout the U.S. and Canada to identify reputable and trustworthy service professionals. Research results undergo a thorough and vigorous review; only the best and most qualified individuals receive the Five Star Professional award.
Rosie Rourke of John L. Scott has been granted a Zillow All-Star badge as a result of her valuable contributions on Zillow.
Rosie also earned the Zillow Local Expert badge for expertise in the 98058/Renton area. The Local Expert badge is awarded to active Zillow users who share their real estate knowledge and help others by contributing high-quality content in a specific city or neighborhood. The more and better the contributions a user makes that relate to that city or neighborhood, the more likely an award will be granted.
Forbes magazine ranks Seattle #9 for “best places for business and careers.”
“To gauge the best places for business in the U.S., we (Forbes) rate the 200 largest metro areas on a dozen factors related to jobs, costs (business and living), income growth, quality of life and education of the labor force.”
I feel the shift happening to a stronger economy. Look around at all of the new construction — commercial and residential. All tell-tale signs that we are BACK!