Tuesday, August 23, 2016
Thursday, August 11, 2016
All of us who live in the Greater Seattle area have been aware of the very "hot" real estate market and the number of offers sellers are receiving on their listed homes. This also means that any buyer that is making an offer on a property has had fierce competition. For a fraction of buyers this has been a success as they have purchased a property but for many buyers it's been discouraging at best as they make offer after offer and are beat out of a successful transaction for any number of reasons. Finally it looks like we're starting to see a correction in the market. There are more properties on the market and there are fewer multiple offer situations. The prices still are increasing but not at the pace they have been in previous months. For now we watch and wait and see but this is still a great time to buy or sell a home because the interest rates are low and we continue to have the demand for homes.
NWMLS Market Update
Friday, August 5, 2016
As a community, we're getting more accustomed to public art displays. I've just learned about a new installation in Edmonds called “Luminous Forest.” This involves 177 LED solar lights that have been installed on 4th Ave N from Main Street to the Edmonds Center For The Arts. Created by Iole Alessandrini who has training in lighting and architecture. This art installation you can drive over and it can also be triggered by interaction with people. The lights start to come on at 20 minutes after sunset and it takes 7 minutes for the entire street to be activated.
I think I might be driving to Edmonds this weekend to check out the lighted art. How about you, have you been to see this community art?
Lighted Art In Edmonds
Saturday, July 30, 2016
Windermere has it's own Real Estate Chief Economist and his name is Matthew Gardner. Each quarter he publishes a quarterly report and the second quarter report for 2016 has just been made available.
From this report he comments that we continue to see strong employment that's outpacing the national rate for job gains. There is confidence that this will continue throughout the year.
He then addresses a topic that we keep hearing about in the news. The continued number of home sales and the lack of inventory. We're still seeing more demand than inventory. This also includes nine counties in the state where the annual price growth exceeded 10%. Snohomish County is now also a market where it usually takes less than one month to sell a home.
If you would like to read the report in it's entirety, here is a link. The Gardner Report
Thursday, July 21, 2016
Some of the trends that are no longer popular are:
1. Carpeting in the master bathroom - hard to keep clean
2. Plantation shutters - just too dark
3. Curtains over closets - what are you hiding and what didn't you finish?
4. Word are - too personal and distracting to a buyer
5. Accent walls - a focal point that can limit a rooms use and colors
6. Wallpaper - hard to remove and change the look of a room
7. Faux - faux is just that, fake
What is your favorite design trend and do you think it will stand the test of time?
Tuesday, July 12, 2016
Selling a home is an emotional journey!. First you're excited about the possibilities. All of a sudden you're worried, will anyone want to buy our home? Did we price it right? And then on to feelings like "our house looks really good and I can't believe that a buyer only thinks it's worth that much!"
From there of course there is the elation at accepting an offer, signing closing documents and feeling sad that you're leaving all these memories.
And then there is the joy of moving into that new home!. What a journey but one that I love to help my clients with every day. Cheers.
Saturday, July 9, 2016
Of course there are tried and true ideas like adding a flower bed or painting your front door. These kinds of projects can be done in a day. You can take old corks and glue them onto a picture frame to create a bulletin board. You can make a chalkboard using an old cupboard door or a piece of plywood and chalkboard paint. What kinds of projects are you thinking about this weekend?