FOLLOW ME ON INSTAGRAM AND FACEBOOK FOR MORE GREAT HOME TIPS, MARKET INFORMATION, SEATTLE EVENTS, ACTIVITIES AND NEWS, AND GIVEAWAYS!!!
Read MoreDonate to the YMCA & Put Your Money Where Your Heart Is
THE YMCA HELPS KIDS BECOME HAPPY, HEALTHY AND KIND MEMBERS OF THE COMMUNITY.
Read MoreJUST SOLD | 21 New Cambria Townhomes in Lynnwood
3312 156th St SW, Lynnwood 98087
2 bedrooms starting at $380,000 | 4 bedrooms starting at $445,000
Read MorePurchase in Edmonds
Purchased at $600,000
Read MorePurchase in Edmonds
Purchased at $731,000
Read MoreJENNY'S GARDEN TIPS: Six Activities for Gardeners to Do This Winter
Here’s my list of 6 different activities you as a gardener or would-be gardener can do to get you through winter and start thinking about spring. There are places to visit and things you can do. Hope you can
at least try one of these!
Real Estate Update
IN THE MARKET
A recently released report on real estate activity nationwide shows the Seattle Metro area with 19 of the 25 most competitive neighborhoods in the country.This study took into account price appreciation, days on the market, how many sales were above list price, and other factors. Our region is hot and competition is strong.
The January statistics from the Northwest MLS show that closed-sale prices in King County are up year-over-year 14.8, Snohomish is up 7.2% and Pierce is up 11.7%.
WHAT TO WATCH IN 2018:
Inventory will continue to be the top issue in our market, as homebuilders work to maintain the new construction boom in our region.
Our region’s high-paying job opportunities will keep unemployment low and attract millennials from across the country. Drawn by good jobs and the great quality-of-life, these 30 somethings are starting families and purchasing homes.
According to the US Census, an estimated 1,000 new residents are moving to our area each week. As demand for rentals rise, so will rental prices. Many renters are choosing to purchase homes instead.
Affordability will remain a hot topic. A report released in late 2017 by HSH.com revealed that it takes and annual income of $93,400 to be able to afford monthly payments on the median house in the Seattle Metro area. This is up from around $82,000 the previous year.
Our diverse economy and educated workforce and startup spirit will continue to fuel innovation and strengthen our region in 2018 and the years to come.
I am happy to meet for coffee to discuss the market and how it impacts your real estate goals. We can get a plan in place!
MORTGAGE RATES
THROUGH THE YEARS
Did you know 2017 interest rates were
some of the lowest in history? The great
news for 2018 is that the current rates
remain at historic lows.
Whether buying or selling, it’s still a great
time to enter the market.
JUST SOLD | Purchase in West Seattle
4304 SW Mills St Seattle, WA 98136
Read MoreJUST SOLD | Haller Lake Tudor
13026 1ST AVENUE NORTHEAST, SEATTLE, 98125
Read MoreReal Estate Update
Millennials are moving back in with their parents
By Tyler Gillispie
Nearly 40 percent of Florida adults ages 18-34 are living with their folks
:: read full article here
Buying a home in 2018? Here's what you need to know
By Maurie Backman, The Motley Fool
Homeownership can be a costly endeavor, especially since certain tax breaks are now less generous. Here are a few things to be aware of if you're planning to go from renter to owner this year.
::: read full article here
What home sellers need to know about appealing to millennial buyers
By David Charron
Millennials make up more than 50 percent of all first-time home buyers and represent a growing segment of the Washington-area population. These young professionals and activists are looking to make their mark on the world at the epicenter of American politics and culture.
::: read full article here
How to Save Enough for a Down Payment
By Devon Thorsby
For most first-time homebuyers, securing a down payment is the biggest hurdle.
::: read full article here
Rogue Ones: Why Parents Identify With Yoda When It Comes to Personal Finances
By Brian O'Connell
What do Star Wars and family finances have in common? Plenty, according to one new report.
::: read full article here
10 moves to boost your wealth in 2018
By Lorie Konish
If you set the right financial goals now, you could be wealthier by next year.
::: read full article here
Take a home tour with a robot
By Diana Olick
There was no one home when Avisheh Madani arrived to tour a San Francisco rental property. No one human, that is.
::: read full article here
10 home-design trend predictions for 2018
By Megan McDonough
Home remodelling and design platform Houzz forecasted these trends, based on discussions with industry professionals and styles noticed on social media.
::: read full article here
The best homes of 2017
By The Week Staff
Each week, we feature some of the best properties on the market. With 2017 coming to a close, let's check in on some of the best properties of the year.
::: read full article here
Local News...
King County Home Prices End 2017 Up 16 Percent
By Neal McNamara , Patch Staff
2017 was a "banner year" for Puget Sound real estate agents, but buyers face an uphill battle, according to the latest local stats.
::: read full article here
Zillow: Seattle housing prices will continue to climb in 2018, but not as quickly
By Sarah Anne Lloyd
That’s for both renters and buyers
::: read full article here
75% of the Most Competitive Neighborhoods for Homebuyers in the U.S. are here in Seattle
by Gena Wynkoop
How do you feel when I say these words…“Seattle housing market.”
::: read full article here
Historic low inventory makes a tight market in Seattle
By Zosha Millman
You may have heard: Seattle's a tough real estate market in which to be a buyer.
::: read full article here
Sweeping Seattle parking changes may be on the horizon
By Chris Daniels
It's the first step in what could be a massive parking overhaul in Seattle, aimed at identifying and utilizing unused spots near transit corridors.
::: read full article here
Report: Seattle has highest forecasted rise in rent
By Zosha Millman
And we're the No. 3 hottest market in the country. Woohoo?
::: read full article here
Seattle area rents expected to go up 3.5 percent this year
By Bernard Ellouk
Seattle will be the third-hottest housing market in the country in 2018, based on analysis by Zillow.
::: read full article here
Hottest Markets for 2018 Include Tech Hotspots, Southeastern Charmers
By Lauren Bretz
The U.S. housing market is hot, with more than half (52.6 percent) of all homes nationwide worth as much or more than they were at the peak of the national housing boom in April 2007.
::: read full article here
Basketball great Kareem Abdul-Jabbar to keynote Bellevue gala
By Bellevue Reporter
Kareem Abdul-Jabbar will discuss basketball, libraries and books when he headlines the King County Library System Foundation’s 25th annual Literary Lions Gala fundraiser on March 10 in Bellevue.
::: read full article here
Low inventory does not reduce demand in Bellevue housing market
By Annie Gustafson
The number of homes available for purchase in December 2017 was exceptionally low in Bellevue, even by “typical” end-of-year standards.
::: read full article here
Kirkland remains hot in the housing market
By Kailan Manandic
Experts agree that 2018 will be another hot year for the Puget Sound housing market and Kirkland is only getting hotter as demand increases while inventory remains low.
::: read full article here