Sold for $1,035,000 Click Here For More Details Spacious two story home in Olde Morrison Place on English Hill. The light filled 2,450 s.f. floorplan features 4 bedrooms, 2.25 baths and a park-like 27,081 s.f. lot, complete with sport court! Special features include: New deck, hardwood floors, wainscoting, large bedrooms, and newer appliances. Open entry with hardwood flooring, soaring ceiling, coat...
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers...
Sold for $589,000 Click Here For More Details Lovely remodeled rambler on a quiet cul-de-sac in Bothell. The flowing floorplan boasts 1,288 s.f. and features 3 bedrooms, 1.75 baths on a 6,534 s.f. lot. Updates include: Remodeled kitchen and bathrooms, new windows, white trim and crown molding. Beautiful front yard with luscious plants welcomes you to the home. The living room features plush carpet...
There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not only understand what we’re saying but actually feel the same joys and...
In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to...
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of...
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market: 1....
It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains, “Slowing global growth and elevated uncertainty...
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase does not come as a surprise. According to realtor.com, “The largest cohort of the millennial...
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly...
Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their current income to put toward the purchase of a home. Just last week the Joint...
KIRKLAND, Washington (February 6, 2020)–“All indicators point to a vigorous spring market,” suggested broker Dean Rebhuhn when reviewing just-released statistics from Northwest Multiple Listing Service. The report covering 23 counties shows pending sales outgained new listings, record-low inventory that’s down 33% from a year ago, and double-digit price increases. Matthew Gardner, chief...
Sold for $1,085,000 Click Here For More Details Captivating colonial by renowned builder Frank Tichy in The Homestead, a New England style community in Woodinville. The light filled 2,759 s.f. floorplan features 3 bedrooms, 2.5 baths, den, bonus room, craft room and shop on a lush, flat 35,200 s.f. lot. The home is ideally located on a quiet cul-de-sac! Features include: Remodeled kitchen and...
Sold for $780,000 Click Here For More Details Lovely, updated rambler in the desirable neighborhood of Hollymor II on English Hill in Redmond. The flowing floorplan boasts 1,420 s.f. and features 3 bedrooms, 1.75 baths on a 22,829 s.f. lot. New carpet and fresh paint throughout most of the home. The open entry welcomes you with gleaming hardwood floors. Elegant living room with large bay window,...
When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out...
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR),...
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