Staging: Tony gave us clear pointers on how to get the house ready for the sale, and which staging actions had the biggest impact on raising buyers interest. The feedback was helpful and helped us get the house ready well in advance of the first open house and picture day. Marketing: The pictures were great, and the aerial video really helped get a get overview of the house and its surroundings. The...
In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner(FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers. However, a study by Collateral Analytics reveals that FSBOs don’t actually...
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer spending and higher commodity prices spooked bond...
Sold for $1,875,000 Click Here for Details This custom built, Dutch Colonial home was recently remodeled featuring 4 bedrooms, 3.25 baths, den, bonus, 4,630 s.f. and a park-like lot. Located on a private 36,661 s.f. lot, ideally positioned in the easily accessible English Hill area of Redmond. Elegant home with East Coast charm. Craftsmanship shows throughout with ample molding, wainscoting and...
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away. Your agent can advise you on the best course of action once the...
Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major component of the American Dream. Now that the first quarter numbers are in, we can begin to...
This was our third transaction with Tony and we remain impressed. Here are some of the points that we felt really stood out: Staging: Tony & Wendi’s advice was spot on when it came to selling our first home. The same was true this time! The walk throughs and advice really made our property shine. Marketing: Both times, our marketing was first class! Today that includes spectacular drone...
KIRKLAND, Washington (May 7, 2018) - Home buyers may be cheered by an uptick in inventory, but the improving supply is unlikely to reverse rising prices, suggest industry leaders from Northwest Multiple Listing Service. Commenting on just-released figures for April, which showed the highest level of active listings since August, OB Jacobi, president of Windermere Real Estate said, "For the first...
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Prices Mortgage Standards Mortgage Debt Housing Affordability 1. HOME PRICES There is no doubt...
According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a...
We used Tony as our real estate agent to sell our English Hill home. The process could not have been any easier. Tony was a trusted advisor during the entire listing and sales process. We needed to do extensive cosmetic updates to our house prior to listing. Tony recommended several contractors who were able to do the updates to our house prior to the sale. Tony walked us through every step of the...
This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly 5% A 1% rise in interest rates increases payments by roughly 13% or 14% That begs the question… What if...
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