Ballard: HOT right now!

The sellers of this house, between Fremont and Ballard, got two offers when they started accepting them a week after listing the home on July 29. Photo: Windermere Real Estate / SL

Windermere Real Estate agent Peter Richmond listed a house between Fremont and Ballard for $450,000 on July 29 but put off accepting any offers for a week.

It’s a technique that was pretty common in the go-go housing market of the middle ’00s but fell out of practice as the market tipped in favor of buyers. A week later, he had two offers.

“At this point, I think you’re doing the seller a disservice to take the first offer that comes in,” Richmond said. “I think there’s too much demand.”

Home buyers finding competition for nice homes in Seattle – seattlepi.com.

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