May 2016

New listing in Redmond. Updated mid-entry home in Sunrise on English Hill

Listed for $570,000 Complete details here Well cared for and updated mid-entry home in Sunrise on English Hill. The light filled floorplan features 2,160 s.f., 3 bedrooms, 2.75 baths on a sunny 7,755 s.f. lot! Recent updates included windows, elegant wood floors, white millwork and doors, remodeled kitchen and baths. Formal living room with vaulted ceiling, fireplace & big windows...

The Presidential Election and Its Impact on Housing

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like this when there is such uncertainty about the nation’s...

Are Foreclosures Increasing or Decreasing?

Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market. CoreLogic, in their most recent National Foreclosure Report, reported that foreclosure inventory has decreased by...

In a Seller’s Market: Is it Time to Downsize?

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a recent blog, Dave Ramsey, the financial guru, highlighted the advantages of selling...

Mortgage Rates Remain at Historic Lows

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%). This is great news for homebuyers who are dealing with rising prices due to a low inventory of homes for sale in many areas of the country. Freddie Mac expressed their optimism for the rates to remain...

Where is Housing Headed for the Rest of 2016?

With the overall economy just inching along, some experts are questioning whether the housing market can continue its momentum throughout the rest of the year. People are beginning to ask questions such as: *Will disappointing economic news adversely impact housing? *Is affordability a major concern in today’s real estate market? *Are we approaching a new housing bubble? *Are mortgage standards...

Sales Up In Nearly Every Price Range

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-4.6%). The decline in this price range points to the lower inventory of distressed properties available for sale and speaks to the strength of the...

Two story home tucked away on a quiet cul-de-sac in Bothell’s Bridlewood neighborhood

Listed for $575,000 Complete details at the property website here Fabulous home in desirable Bridlewood Community in South Bothell. The home is 2,130 s.f. and features 4 bedrooms, 2.5 baths in an ideal cul-de-sac location. Rich hardwoods welcome you in along with new carpeting throughout the home! The formal living room has a vaulted ceiling, fireplace and large windows overlooking the front...

The ultimate gardener’s paradise! Two story home on gorgeous, flat lot near Tolt Pipeline trail in Woodinville

Listed at $475,000 Complete details at the property website. Beautifully maintained and updated two story home in the desirable Bear Creek area of Woodinville. The open floorplan boasts 2,008 s.f. and features 3 bedrooms and 2 baths. The home is ideally positioned on a flat 37,263 s.f. lot with lush trees and a seasonal stream. Recent updates include - high quality roof, new carpet, flooring and an...

Housing Inventory Disappearing

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. Inventory Levels & Demand Sales of existing homes rose 5.1% month-over-month in March and are 1.5% higher than this time last year. Sales rose in all four...

NWMLS Market Report: April 2016 – Inventory improves; market still favors sellers

KIRKLAND, Washington (May 5, 2016) - Northwest Multiple Listing Service reported strong gains in the volume of new listings its members added during April (up 13.6 percent from March), but inventory remained well below the supply needed for a more balanced market. MLS leaders say the lopsided market is prompting some anxious buyers to take ill-advised risks. Prices showed some signs of moderating...

Ready to make your own! Wonderful 4 bedroom home on quiet cul-de-sac in the College Hill neighborhood of Bellevue

Starting Price $550,000 Complete details here Wonderful home on a quiet cul-de-sac in the College Hill neighborhood. The open floorplan boasts a total of 2,820 s.f. and features 4 bedrooms and 2.75 baths with a huge family room and additional craft space, which is ready for your imagination! On the main floor: Spacious living room with hardwood floors, fireplace and big windows overlooking the...

“Tony defines a level service that all of us could stand to learn from…”

With Tony as our guide the home selling and purchase process we experienced clean, crisp, expedient and patient counsel for each and every question that arose along the way. His expert advice and network of resources for preparation, staging and marketing of our property led to a rapid sale with no hassle. Throughout our purchase experience he greatly simplified the maze of writing up the offer, home...