Tony and his team were great. They advised me professional advice from our first meeting that guaranteed me best sale. His continued guidance steered me through this volatile market with a highly successful sale. I highly recommend Tony when you are ready to let your home go. Robert Fiser Sold in Kirkland- September...
September 2022
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s...
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate...
Wednesday Market Update - Eastside Residential Market Stats as of 9/28/22: RECAP: Active listings remain steady this week, for the third week in a row. Pending sales took a 20% drop this week as the impacts of interest rate increases have taken their toll. This brought the Month of Inventory Index back over 2 month again. Thankfully, the 10 year treasury declined today (what a 30 year mortgage is...
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your...
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it...
Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. Let’s connect so you have advice on what you may want to do to get your...
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And...
Wednesday Market Update - Eastside Residential Market Stats as of 9/21/22: RECAP: Active listings and Pending sales remain fairly steady this week. The big news over the last week is interests rates. The 30 year fixed rate is at an average of 6.47% today. With a historical perspective, this is not particularly high, but it is a rate the market has not seen since 2008. It becomes...
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works. Equity is the current...
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and that spurred a...
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your...
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. Today, you should have less competition and more negotiating...
Wednesday Market Update - Eastside Residential Market Stats as of 9/14/22: RECAP: Active listings rose slightly this week. Pending sales continue to increase, which continues to tightened the Months of Inventory leading to the market strengthening. Other notable items: The Median Price for Active Listings has not been above $1700k since the week of 6/22/22 at the same time the Median Price for...
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The...
If you want to sell your home on English Hill, Tony is YOUR agent! He did a fantastic job for me! His modern methods saved me precious time and money listing my home! These methods also gave buyers everything necessary to make swift and competitive offers! I can't thank you enough Tony! Stephanie Strand Sold in Redmond - August...
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re thinking of buying a home or have been...
Tony and his team are literally the best agents you can find. They are highly professional, know the area, help in resolving various situations, guide you throw the process, organize, share very valuable information and honest. We both, sold and bought houses with Tony and we probably would not make it without their support and help! Maxim and Anna Vainstein Sold in Redmond - May 2022 Purchased in...
Latest Press Release - August Statistical Data KIRKLAND, Washington (September 8, 2022) - Reports that we are entering a "bear market" are highly exaggerated, suggests an economist who tracks real estate activity when commenting on the latest statistics from Northwest Multiple Listing Service (NWMLS). A director with the multiple listing service said the latest data may just reflect a typical...
Tony made a what had been a very stressful process for us easy and calm. His communication skills and up to date information was professional and helpful during this process. I am grateful for his expertise and guidance through our process. Robin and Dawn Shelley Sold in Seattle - August...
In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house. Here are some considerations...
Wednesday Market Update - Eastside Residential Market Stats as of 9/7/22: RECAP: Active listings continue their decline this week. Pending sales showed a minor increase, which tightened the Months of Inventory. Normally, we would not expect the dynamics of the market to improve over a holiday weekend, but the rise again of interest rates likely pushed some buyers forward due to the fear of further rate...
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Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a...
Tony and team, Thank you for guiding us through the process of selling our house with just the right buyer at just the right time at just the right price. Janice and Jim Strode Sold in Redmond - June...
Tony and team are rockstars! When my husband and I moved from out of state with our new baby we contacted Tony to begin our home search. Despite our rush to buy (and anxiety in this crazy housing market), Tony was honest about why certain homes might not be the best fit. Tony's experience and network on English Hill/the Eastside really made a difference! Tony was able to get us into a home in our first...
We worked with Tony and his excellent team for a sale and a purchase; both of which went extremely well. When we began thinking about moving within the English Hill neighborhood, we reached out to Tony and he was very supportive, but without any pressure. He offered encouraging solutions during the buying process when the market seemed nearly impossible. And when we sold our home, he not only gave...
We had planned on putting our house on the market in May, as we were moving to Eastern Washington. We recognized that the housing market was unusual and wanted a realtor who knew the market, and specifically, English Hill. We met with Tony and his wife, and during that meeting, Tony gave us all of the information we needed to decide to list our house as soon as possible instead of waiting until May. He...
We listed our Redmond home with Tony in early March. We followed his advice to list earlier than we had planned. His expert knowledge of the market and analysis of optimal timing led to a tremendous result for us! His professional photography and video drove 50 showings in 5 days and 8 offers. The result was more than $800K over asking. Tony is professional, personable, hardworking and very honest with how...
Tony and his team were, in a word, EXCEPTIONAL. Other adjectives include professional, helpful, informative, patient, friendly, and responsive. I could go on… We had a two-year plan (that ended up taking three) for getting our house ready to market. We contacted Tony and he worked with us over those years with solid advice, tips, and opinions to guide us through the process and fetch top dollar for our...
Tony helped us purchase our home 7 years ago and sell it this year. He is very easy to work with. I'd highly recommend! Thanks Tony! Brian and Shannon Taylor Sold in Duvall - April...
Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price. You haven’t missed...