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August 4, 2008

Why you should buy a home near a transit line

Last week the Seattle PI reported that people who give up a car and ride the bus can save up to $8,400 a year. That’s $700 a month! That’s a lot of cash – it’s the difference between affording payments on a $300,000 home and a $400,000 home. The handy Estately mortgage calculator, given a 30 year loan with $60,000...

Categories Transit
August 1, 2008

Seattle Bubble wonders aloud if Seattle and Portland are "outliers"

I’m no prognosticator, but I do like reading others’ predictions. Seattle Bubble has a nice chart comparing the amount of upwards price movement during the boom against the amount of downward price movement in the recent, ehem, “soft” market. The takeaway: This snapshot does appear to support the assertion that there is a good correlation between boom and busts cycles...

Categories Real estate
August 1, 2008

We won an award (Best Web Service 2008)

When we were nominated for the Best Web Service Inman News Innovation Award, we were pretty surprised and, being a tiny shop out of Seattle up against some industry giants, we didn’t expect much to come of it. So I was extremely surprised when I, on the final day of the Inman Connect conference last week, we won the award!...

Categories Real estate
July 20, 2008

Property Photos: Kaput for 8 hours today

Due to a nearly 8-hour outage with Amazon’s Simple Storage Service (commonly known as S3), you may have noticed that property photos have been missing. Thankfully, as I write this post, S3 is coming back online, and so, too, will Estately property photos. We apologize for this troublesome little issue that began shortly after 9 this morning. This isn’t the...

Categories Estately
July 14, 2008

Not a short sale!

Salesmanship is all about taking away the objections. Listing agents know that people looking to buy homes are sick of waiting 3 months to get a rejection letter from a bank and they’re starting to advertise the fact that homes are a “not a short sale!”

Categories Real estate
July 11, 2008

Before and After with StreetView

Streetview imagery is already getting old and it’s quickly becoming a good source of pre-listing, pre-touchup information.

Categories Real estate

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