I've got exciting news for people looking to buy houses in Bellevue! Despite the recently lack of inventory on the market to choose from over the past few months, it looks like there may be some changes coming around. The inventory numbers are still low - there are only 99 single family homes listed for sale in Bellevue. The good news is that there have been 12 new listings of homes for sale in Bellevue added over the last day. That is a significant percentage of increase in listings by itself, but it is my belief that this is just a sign that the local Bellevue real estate market is really going to start moving. I expect that we will continue to see a good number of home owners put their houses in Bellevue up for sale in the next few months - offering home buyers a much better selection from which to choose.
With the limited inventory we've been seeing, buyers just have not had a lot to choose from - and properly priced and prepared for market homes have been commanding high prices and often multiple offers. More inventory usually means less competition, so this may be a good time for Bellevue home buyers to be working with a good broker who will make sure they see all the new listings in their target area the same day they hit the market. Even if you are not quite ready to purchase a home, it never hurts to start doing your research early.
Bellevue neighborhoods with new home listings in the last day include a few in Somerset, Forest Ridge, Microsoft, Newport Hills, Cougar Mountain, Newport Shores, a bankruptcy house in Surrey Downs, Enatai, Beaux Arts and West Bellevue. If you would like to be notified when new homes go on the market in a certain part of Bellevue or the Eastside, please give me a call at 425-429-8590 or send me an email at Joe(at)ANewDayRealEstate.com.