2015

Selling Your House? 5 Reasons You Shouldn’t For Sale By Owner

In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons: 1. There Are Too Many People to Negotiate With Here is a list of some of the people with...

Relocated to the East Coast for Love! Had to say goodbye to her Redmond Home – Pleased with the process!

Tony helped me through the experience of selling my home with patience, great suggestions and good contacts. As I live on the east coast this was a long distance transaction, plus I’m a house selling novice. He suggested improvements that made sense to me to get the most for my money and was very good about telling me which ideas wouldn’t maximize my profit. He acted almost like a general contractor,...

NAR Reports Reveal Two Reasons to Sell This Winter

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered by the latest Pending Home Sales Report and Existing Home Sales Report. THE PENDING HOME...

NWMLS November Market Report: “Intense” Holiday Market

KIRKLAND, Washington (December 4, 2015) - Inventory remains "critically low," but there are fewer house-hunters in the hunt during this holiday season so motivated sellers and buyers are seeing success, according to brokers with Northwest Multiple Listing Service. Its just-released statistics for November show year-over-year gains in pending sales, closed sales, and prices, but a steep decline in...

Sold in Woodinville! 8 offers and 10% over list price!

The knowledge of the Market and ability to take excellent pictures and the video were awesome.  My experience working with you on the sale of my home was next to flawless. The experience you brought about the market and the homes values and sales in the area, allowed me to have my home listed at the lower amount for the listing with the hope and should I say expectation that the interest in the home...

How to Get the Most Money from the Sale of Your House

Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

November 2015 Real Estate Market Update

//    Website   |   About Tony   |   Client References   |    Blog    |    Search Listings   |   Featured Listings  The Eastside Home Report November 2015 Edition  Western Washington Market ReportAnother Client's Succes Story! October 2015 NWMLS Market Report: With holidays approaching, real estate brokers usually expect a slowdown..."Today we have one of the best markets we've ever...

October 2015 NWMLS Market Report: With holidays approaching, real estate brokers usually expect a slowdown as buyers and sellers shift their attention elsewhere. “This year is different,” say some industry leaders.

KIRKLAND, Washington (November 5, 2015) - With holidays approaching, real estate brokers usually expect a slowdown as buyers and sellers shift their attention elsewhere. "This year is different," say some industry leaders. "Today we have one of the best markets we've ever seen for sellers," observed Ken Anderson, managing broker and owner at Coldwell Banker Evergreen in Olympia. "Buyers are still...

Baby Boomers Finding Freedom In Retirement

Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why…In a recent Merrill Lynch study, “Home in Retirement: More Freedom, New Choices” they surveyed nearly 6,000 adults ages 21 and older about housing.  Crossing...

Picking a Real Estate Agent through Facebook

According to a joint study released by Google and the National Association of Realtors, 2 of 3 people searching for a prospective real estate professional research them “extensively online prior to working with them". And, that number is probably increasing every day. Are social media channels such as Facebook really a good place to gather information about an agent before using them? If so, what...

Why You Should Hire A Professional When Buying A Home!

Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if you are Traveling a Dangerous Path The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous...

Empty Nest Prompts Sale of Tri-Level in Popular English Hill Neighborhood of Redmond

I was very pleased with my experience selling my house with Tony. What I most appreciated was that he: - Acted as my advocate, guiding me through the process and making recommendations that were in my best interest. - Was honest--giving me lots of facts and advice that wasn't always the easiest path. - Responded quickly to every communication from me and others involved in the transaction. Tony has...

Relocation to California Prompts Sale of Kirkland View Home

"We have used Tony's services for many years and we keep going back to him. We first ran into Tony when he was the selling agent of a luxury house we bought. We were so impressed with his work from a distance that we asked him to sell our original house right away. He helped us sell it at a great price with multiple competing offers in a week. This was in 2008 when the market was going south! He...

Retirement Prompts Sale of Redmond Home Above the List Price!

(Tim and Tam with the 3 offers we generated on their home) We highly recommend Tony Meier to fill your real estate needs. He blazed the trail for us with the prep work, created a professional promotional video of our home, hired an outstanding home inspector so that all the clients had access to the results, and followed through with an open house as well as six days of showings. In the end, he let those...

4 Reasons to Buy BEFORE Winter Hits

    It's that time of year; the seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don't have to look much farther to find four great reasons to consider buying a home now, instead of waiting. 1. Prices Will Continue to Rise The Home Price...

Is it Time to Downsize your Eastside Home?

A recent study by Edelman Berland revealed that of homeowners who are contemplating selling their house in the near future 33% plan to scale down. Let’s look at a few reasons why that would make sense to many Americans. In a recent blog post, Dave Ramsey, the financial guru, discussed the advantages of selling your current house and downsizing into a smaller home that better serves your current...

Home Equity: You May Have More Than You Think

CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties(approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported: “For much of the country, the negative equity epidemic is lifting. The biggest...

Pending Home Sales Remain Steady on the Eastside

The National Association of REALTORS’ just released the results of their latest Pending Home Sales Index, which showed a small 1.4% decline in signed contracts in August. Pending sales remain strong year-over-year as they were 6.1% higher than August ’14 and have now risen for 12 consecutive months.  What is the Pending Home Sales Index (PHSI)? NAR’s PHSI is “a forward-looking indicator...

September 2015 NWMLS Market Report: Housing market slowdown expected, but prices in most areas are still rising

KIRKLAND, Washington (October 5, 2015) - Scarce inventory, new rules for mortgage closings and affordability concerns will likely slow home sales around Western Washington during the remaining months of 2015 and into early 2016, according to spokespersons from Northwest Multiple Listing Service. The latest statistics from the MLS show a double-digit drop in inventory, a double-digit jump in closed...

Is Qualifying for a Mortgage in the Seattle Area Getting Easier?

There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Let’s look at the three reports: The MBA’s Mortgage Credit Availability...

Market Appreciation Prompts Sale of Rental Property in Ballard Area of Seattle

Your level of service was outstanding.  We appreciated your experience and honesty.  The home sold in 6 days, I couldn’t be more excited. Getting a pre-sale Inspection was something I had not heard of before, but really helped sell our townhome. I can’t believe how many business cards were placed on the kitchen counter.  Tony really listened to us and understood our situation and his level of...

Over 23% Thinking of Selling. Why the Hesitation?

Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 - far below the six months necessary for a normal housing market. Why is there such a shortage of inventory? The recently released Homeowner Sentiment Survey suggests that the American homeowner may not be...

August 2015 NWMLS Market Report: Opinions Vary on Possible Housing Slowdown

KIRKLAND, Washington (September 3, 2015) - Some brokers from Northwest Multiple Listing Service detected a slowdown in housing activity during August, "but nowhere near what is typical," according to one industry veteran. Among MLS leaders who commented on the service's latest report, expectations for the remainder of 2015 ranged from one who predicted "we're on the cusp of a slowdown," to others...

Sold for 11% ABOVE list price – “Wowed” by the results!

The first word that come to mind when I think of our experience with Tony is integrity. My husband and I have tended not to trust real estate agents. But Tony is professional, ethical, honest and an expert negotiator. He seems to love that part of the job and it shows. In addition, he is very experienced, detail-oriented, calm and an excellent photographer. My advice would be to hire Tony as soon as...

52% Likely to Buy in the Next 5 Years!! Are You?

According to the recently released BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also had other interesting revelations. Those Looking to Buy 74% of those looking to buy a new home...

Should I Wait to Put Down a Bigger Down Payment?

Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment the buyer will be responsible for. In a recent article, Freddie...

The REAL Reasons Americans Buy a Home

We often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by...

SOLD for 4.6% above list price! Job relocation and the desire to be closer to family prompts sale of home in Redmond

If you're thinking of selling your home in the English Hill area, Tony Meier is the first person you should meet with. As you then meet with other brokers, you'll quickly realize that no one is as in-touch with the English Hill real estate market as Tony is. Tony recently guided us through the sale of our home and we couldn't be more pleased. Tony's thorough knowledge of the English Hill real estate market...

Sold in the Cottage Lake area of Woodinville for 14% OVER List Price!

Tony came highly recommended by a neighbor and co-worker, and with good reason.  His overall performance as a listing agent was excellent and he was very easy to work with.  Both referrals had used Tony for multiple transactions. - It's often expected an agent will provide a list of things to do to make a place more marketable.  Tony did this thoughtfully, offering suggestions on things that...

Sold 4% above the list price! Job relocation prompts the sale of repeat clients’ home in Bothell

Suji & I were extremely satisfied with your level of service. We are repeat clients remember! And for good reason. Right from the start you gave us a good feel for the market. You obviously know it well! This helped us develop the right strategy for the sale. Your idea of getting a pre-inspection done was the best - saving us a lot of effort (post sale). We are also very appreciative of your...

Should I Rent Out My Seattle Area Home, Instead of Selling It?

The results of Fannie Mae’s June 2015 National Housing Survey, were just released showing that more and more homeowners are warming up to the idea that now may be a great time to sell their home. The amount of respondents that stated that now is a good time to sell rose three percentage points to a survey high of 52%; which may translate to a healthier market as more homes are listed in the...

June 2015 Market Report – Home sales sizzling around Western Washington, with volumes reaching 10-year high

KIRKLAND, Washington (July 6, 2015) - Temperatures around Western Washington were not the only thing sizzling during June. Northwest Multiple Listing Service members reported 11,453 pending sales last month, the highest volume since August 2005 when members notched 11,546 mutually accepted offers. Last month also marked the fourth consecutive month of 11,000-plus pending transactions. MLS members...

Sellers Dilemma: OTM, FSBO or List Again?

At the end of June, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again with the same agent or a different agent. Let’s assume you or someone you know is in this situation and...

First-Time Homebuyers Lead the Way in May

The National Association of Realtors’ (NAR) latest Existing Home Sales Report revealed that first time homebuyers made up 32% of all sales in the month of May; marking the highest share since September 2012 and up from 27% the same time last year. NAR’s Chief Economist, Lawrence Yun, cited “strong job gains among young adults, less expensive mortgage insurance and lenders offering low down...

The desire to be near family prompts sale of home in “The Pointe” in Redmond

I have not been involved with a house sale of this type in the past but the processes Tony Meier had in place provided an environment that exceeded my expectations. At my first meeting with Tony he explained his role in the sale process and the current market condition.  Two items were important to me 1) a quick sale and 2) once a price was given to the public it would not be lowered.  To support...

Retirement prompts sale of home in “The Pointe” in Redmond

There really isn’t enough room here to explain what a great process we had from you working for and with us Tony. You were very responsive to our concerns and you professionally, tactfully, and skillfully negotiated our sale while protecting our interests for the best possible result. We would recommend you without hesitation to anyone wanting the very best customer service possible. In addition, to...

Northwest MLS brokers say home buyers are sprinting, but sellers are stalling

Home buyers are in "full sprint" mode while sellers are stalling, according to brokers from Northwest Multiple Listing Service. As a result, MLS members are juggling severe inventory shortages and multiple offers in many Seattle neighborhoods and beyond. MLS figures for May show double-digit drops in inventory compared to a year ago and double-digit gains in both sales and prices. Commenting on the...

This Elegant, Custom Built, View Home with 5 Bedrooms and 4.25 Baths in the Houghton Area of Kirkland is a must-see!

Listed for $1,795,000 - Click here for more details This custom built home is situated on a private 14,430 square foot lot. Ideally positioned in the easily accessible Houghton area of Kirkland, the home features breathtaking views of the Olympics, Lake Washington & Seattle’s Skyline. Wonderful home for entertainment with cozy spaces in a great room style layout. Three separate sitting areas...

Making it “easy” to sell your Seattle area home while residing out of town…

We can't thank you enough for your help selling the house in Kent.  It was a daunting prospect at first glance when we made the decision to sell because we live out of town and weren't sure about a "long distance" situation. You made it so easy for us because you told us immediately upon inspection of the home what we realistically needed to do to get the house ready to sell.  We did not have a lot...

“Lagging Supply” Leads to Slowdown in Sales

The National Association of Realtors (NAR) recently released the results of their Existing Home Sales Report. Despite the fact that properties are selling faster than they have at any other time since July of 2013, existing home sales declined 3.3% from March. NAR’s Chief Economist Lawrence Yun explained the main reason for the slow: "April's setback is the result of lagging supply relative to...

More Home Buyers Putting Less Down

A recent post by the National Association of Realtors (NAR) revealed that in the months of December 2014 through February 2015, there was an increase in the number of first-time buyers making a down payment of 6% or less as compared to last year: 2014: 61% of first time home buyers 2015: 66% of first time home buyers While the number of small down payments is lower than it was in 2009 when...

Housing Update: Demand Up, Supply Down, Prices Increasing

Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market: Buyer Demand Supply of Housing Inventory Single Family Residential Prices Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR. Buyer Demand Total...

Attaining the American Dream: The 5 Financial Reasons to Buy

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership his paper - The Dream Lives On: the Future of Homeownership in America. Here...

Homeownership Rates Are NOT Crashing

The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau just reported the first quarter of 2015 ended...

An all-around pleasant experience and smooth closing on Investment Property in Renton

First of all I would like to say thank you for making the buying process smooth and exciting! The thing that I appreciated the most is that I had the feeling that you were really working for me! You listened to what I wanted and tried to get the best deal for me and did not try to convince me otherwise. In my past experiences I had the feeling that the realtor wanted to make sure that there would...

Pent-up demand triggering record pace of home sales around Western Washington

May 5th, 2015 Northwest Multiple Listing Service members notched a record high level of pending sales during April, surpassing the year-ago volume by nearly 1,800 transactions. Both closed sales and prices also surged last month as the spring market kicked into high gear. Buyer confidence and buyer ability to purchase are fueling activity, suggested Ken Anderson, the managing broker and owner of...

4 Reasons To Move-Up This Spring

Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider buying today instead of waiting. 1.) Buyer Demand is High & Inventory Is Low Recent numbers show that buyer demand is at the highest peak experienced in years, and inventory for sale is at a 4.6 months supply, which is still markedly...

5 Tech Questions that Seniors Should Ask When Interviewing a Real Estate Agent

If you have not bought or sold a home in a few years (or maybe decades) it is likely that there are more than a few new trends in real estate that you will encounter as you begin to interview real estate agents. One particular trend now common among many real estate brokerage firms is called the practice of “going paperless.” This can be a bit scary for some people, especially senior adults who...

There’s No Place Like Home

Last week, we reported on the financial reasons purchasing a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial. 1. It means having a good place...

We Need You(r House)!!

Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has increased dramatically. At the same time, housing inventory is decreasing especially at the lower price points. The National Association of Realtors (NAR) recently revealed that there is a pent-up seller demand caused by the uncertainty created by...

Good News for ‘Typical’ Home Buyers

In a speech delivered earlier this year, Secretary for HUD Julián Castro, called 2015 “A Year of Housing Opportunity”. A recent report by The National Association of Realtors (NAR) revealed that investment home sales decreased 7.4% in 2014 to an estimated 1.02 million. What does this mean for the ‘typical’ homebuyer? Lawrence Yun, NAR’s Chief Economist gave some insight: “Despite strong...

3 Questions to Ask Yourself Before Buying A Home on the Eastside

If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home. There are 3 questions you should ask before purchasing in today’s...

NWMLS Market Report – Frenzied Market Frustrating Buyer

KIRKLAND, Washington (April 6, 2015) - Buyer anxiety is rising as the pace of home sales is faster than brokers are able to replenish inventory, according to members of Northwest Multiple Listing Service. Figures just released for March show 11,408 pending sales during the month while only 10,505 sellers listed their homes for sale during the same period. "The frenzy market has returned and is in...

Selling Your Home In The Seattle Area? Price it Right Up Front

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the...

Baby Boomers: Home Is Where The Heart Is

Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why… In Merrill Lynch’s latest study, “Home in Retirement: More Freedom, New Choices” they surveyed nearly 6,000 adults ages 21 and older about housing. Crossing...

“Tony Meier Is Without Doubt An Exceptional Realtor”

Every realtor’s website has glowing testimonials from their clients. But what actionable info do you have when you have to pick a realtor for your needs? Below is an actionable interview process that you can use to vet a realtor when selling a home. A savvy solution oriented realtor like Tony Meier will instinctively know all about these, and will “get the job done!” Ask about the...

Return Client Sells Sammamish home after 9 Days on Market

Your service was excellent, honest and patient, especially when I asked the same questions over again. You were extremely knowledgeable and supportive during a stressful experience, both several years ago when the house was purchased and now during the selling process. I would highly recommend Tony - We appreciate all your hard work, regular updates and communication! Thank you! Lynn Armstrong -...

Billionaire Says Real Estate is Best Investment Possible

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: "I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.” Who is John Paulson? Paulson is the person who, back in 2005 &...

Don’t Get Caught in the ‘Renter’s Trap’

There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in...

Proven track record in Redmond results in profitable sale in “The Point”

Tony, You were very professional and knowledgeable about the market, especially in our unique community. You gave us relevant information that was helpful in making a decision about whether to sell or not at this time and to establish a reasonable sales price. You were up front with us about the pros and cons of our particular situation. You created amazing marketing tools (flyers, video, web...

Is the Housing Market Back? Ask Lowes & Home Depot!

A recent Bloomberg Business article reports that both Lowes & Home Depot experienced fourth quarter profits that beat revenue projections by the most in six quarters. So what does that mean to the housing market? Consumer Confidence Lowe’s Chief Executive Officer Robert Niblock said, “Consumers are feeling better about their jobs, their wages and certainly feeling better about the value of...

Early Spring Brings Bumper Crop of Homebuyers Who Face Inventory Drought!

KIRKLAND, Washington (March 5, 2015) - Favorable weather and restored confidence are propelling home buying activity around Western Washington to the highest level in nearly a decade, according to Northwest Multiple Listing Service sources. "The pent-up demand being unleashed has rocketed pending sales back to the levels of our record year in 2006," said Ken Anderson, president/designated broker at...

Having the right Broker matters! Beautiful Home in Redmond SOLD just 5 days after list date for $62,000 over list price!

Note: The sellers interviewed two other Brokers (including a well known discount brokerage) and they were told to expect $500,000 to $550,000 at best for the home! Tony recommended a listing price of $575,000 and generated 9 offers on the home with a final sales price of $637,000! The end result was nearly $100,000 more in the seller's bank account! After meeting with and carefully...

Selling Your Eastside Home? The Importance of Using an Top Agent

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s...

Thinking of Buying in the Seattle area? What are you waiting for?

If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring. 1. Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation...

After an unsuccessful attempt to sell…”We were lucky to have met Tony!”

Tony is the most professional and personal realtor you will find. He supported us throughout a multi-year consideration of whether to sell our home and always gave us 100% of his energy whenever we had questions about the market and the right time to sell. When we finally were ready we knew we were already in the best hands with Tony’s commitment to give us the best possible chance for success. The...

No Matter What the Groundhog Says… You Should Sell Before Spring!

Is spring closer than we think? Depending on which Groundhog you witnessed, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own...

Why Have Interest Rates Dropped?

The headlines agree mortgage interest rates have dropped substantially below initial projections. Many who are considering purchasing a home, or moving up to their dream home, might think that they should wait to buy, because rates may continue to fall. A recent article on the Economists’ Outlook blog by the National Association of REALTORS® (NAR) provides insight into one major factor in the...

3 Questions to Ask Before Buying a Home on the Eastside

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home. There are three questions you should ask before purchasing in...

Don’t Wait! Move Up To The House You Always Wanted

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. In most areas, prices are still below those of a few years ago. Also, interest rates are still near 4%. However, sellers should realize that waiting to make the move while mortgage rates are projected to increase probably doesn’t make sense. As rates increase,...

New Fannie Mae Appraisal Program: Helping or Hurting?

Every home must be sold TWICE! Once to the buyer, and once to the bank appraiser if a mortgage is involved. The second sale may have just become more difficult. A new program announced by Fannie Mae may slow down the home-sale closing process by causing more disputes over prices between sellers and buyers. In a recent Washington Post article they explained the basics of the program: “Starting...

Did It Make Sense to Wait to Buy a Home in the Seattle Area?

There are many people out there who debated purchasing a home over the course of the last year, but ultimately did not. Whatever their reasons were for delaying, let’s look at whether the decision to wait to buy made sense. What happened in 2014? The 30 year fixed rate on January 2, 2014 was 4.53% as reported by Freddie Mac. Looking at the chart below, your monthly mortgage payment with principal...

Local real estate leader calls December “One of best on record”

KIRKLAND, Washington (Jan. 6, 2015) - Real estate brokers around Western Washington reported a strong finish to 2014. December's sales outpaced the same month a year ago by double digits, according to new figures from Northwest Multiple Listing Service. "December was one of the best Decembers on record," observed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate upon reviewing the...

4 Reasons to Buy On The Eastside Before Spring

The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring. 1. Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists,...

“Tony is a True Pro”

Tony is a true pro that supported us from VERY early (couple years before listing) and through the entire process with no business (‘have to sign me up first’) type pressures – THANK YOU!  He always found time to respond in a timely manner and communicate the plan, any updates, and offer general assistance in words an inexperienced seller could understand. He minimized unknowns to us and that made...

The REAL Reasons Americans Buy a Home

Last week, we reported on the financial reasons that the New York Times felt that homeownership was important. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. There’s No Place Like Home The top 4 reasons to own a home cited by respondents were not...