On Monday, July 6, Ann Pierson, John L. Scott Bellevue Main, was featured in a Puget Sound Business Journal (PSBJ) article called “Selling Seattle.” PSBJ is always looking for interesting buying/selling stories, so if you have a great story to share, please email PR@johnlscott.com.
Selling Seattle: Even a 50-foot cliff didn’t stop a bidding war over a house in this hot Eastside neighborhood – by Marc Stiles
Today’s white-hot housing market typically is called a sellers’ market, but Bellevue real estate broker Ann Pierson calls it a “really hot everything-goes market.”
Everything is going fast, including one suburban house missing a key amenity – the backyard. In the suburbs selling a single-family residence that has a cliff instead of a yard is like trying to sell an urban “view” condo whose view is the blank wall of a neighboring building.
Earlier this year, Pierson listed the backyard-less property in the Somerset area of Bellevue. She’d sold similar homes in the same neighborhood where houses back up to a cliff that has not been reinforced. In this case, the property featured a deck with what she estimates is a 50-foot drop into a ravine. Cracks have developed in the foundations of nearby homes, she said.
“It’s not good-quality land,” said Pierson who works at John L. Scott Real Estate. “You sense it when you approach a home and you go, ‘Hmmmm.'”
To read the entire article please visit: PSBJ Selling Seattle Featuring Ann Pierson