November 2015

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...

Distressed Property Sales Hit New Low

The National Association of Realtors (NAR) just released their Existing Home Sales Report revealing that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking distressed sales in October 2008. Below is a graph that shows just how far the market has come since January 2012 when distressed sales accounted for 35% of...

Millennials: What FICO Score is Needed to Buy a Home?

In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage. The article quoted Jessica Lautz, the National Association of Realtors’ Managing Director of Survey Research, as saying that there is a significant population that does...

Equity Matters A LOT… Just Ask Freddie Mac

There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage....

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...

Selling Your Home? The Importance of Using a Real Estate Professional

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...

Homeownership Builds Wealth and Offers Stability

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity In a recent article, John Taylor, CEO of the National Community Reinvestment Coalition, explained that those...

Where Are Mortgage Rates Headed? This Winter? Next Year?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s October 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are...

Just Listed – Impeccably Maintained Home in Desirable Gleneden along West Lake Sammamish

Listed for $850,000 Impeccably maintained home in desirable Gleneden along West Lake Sammamish. Light-filled foyer and rich carpeting welcome you in. Large living room with vaulted ceiling, wood stove and built-in cabinetry. The gracious  dining room with vaulted ceilings is a perfect place to share a meal with friends. Fabulous gourmet kitchen with ample maple cabinets, quartz counters, breakfast...

Waiting until after the Holidays Isn’t a Smart Decision

Every year at this time, many homeowners decide to wait until after the holidays to put their home on the market for the first time. Others who already have their home on the market decide to take it off the market until after the holidays. Here are six great reasons not to wait: 1. Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want...

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...

House Hasn’t Sold Yet? Take Another Look at the Price

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house? If your house hasn’t sold, it is probably the...

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...

Homeownership is Still a Huge Part of the “American Dream”

There have been some who have voiced doubt as to whether or not the younger generations still consider buying a home as being part of the “American Dream”. A study by Merrill Lynch puts that doubt to rest. According to their research, every living generation still maintains that owning a home is in fact important. Here are the numbers: This should not surprise us as many studies have...

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...