Friday, October 5, 2018

Changing Market Conditions!

The market has changed in Seattle. We're not number one any more and for most of us, that's just fine. The slowdown brings us back to conditions that are closer to a balanced market although we're not there yet. A normal balanced market includes 6 months inventory and currently we have 2 1/2 months. That's far better the what we've had for several years. The median sales price is up but NWMLS is showing that we have 23% more listings than this time last year. This trend is predicted to continue. I'll keep an eye on things and keep you updated. Stay tuned.

Friday, August 31, 2018

Are you Thinking About Selling?

Are you thinking about selling your home? If and when you are, there are several things that will not help you sell your hme.

Don't over improve.
While you're sprucing up your home for sale you will make a greater return on your investment if you do make some changes like updating appliances or replacing broken cabinets in a bathroom. Remember to not over-improve however. Finishing a space to your taste with color or function will probably not bring bring the return that you're looking for.

Don't over decorate,
Choose neutral colors and schemes, to appeal to the greatest number of potential buyers. Pink and lace may not make the impression that you would like.

Don't hang around.
You will want the buyers to imagine themselves living in the space so don't hang around when your home is getting shown to potential buyers. Leave and take the dog and the kids with you! You'll make buyers uncomfortable if they think you're watching and making judgements while they're in your home.

Don't take things personally. 
Remember that selling a home is personal for you but real estate is a business. Don't be offended when you get a low offer or the buyer asks for money to replace carpets.

If you would like to talk more about getting your home ready to sell, please give me a call or send me an email. I'd love to chat!

Wednesday, August 15, 2018

Fire Safety and Property Protection

At this time of year we usually don't have much rain and the ground and trees are dry. This increases the chance of fires. For the last couple of years, we also have been plagued with smokey skies and poor air quality. It's a reminder that we need to be vigilant and do what we can to protect our property.

One of the most important items on your checklist will be what wildfire protection experts call a "defensible space" in order to create the most protection that you can during this dry season. Brush and debris are a hazard at this time of year so using a zone system will help you create a safer place.

Zone 1

30 feet from any structure is the first zone of protection. Remove all dead vegetation, dry leaves and pine needles and remove any branches that hang over your roof.  Clean your gutters and have your trees pruned regularly to keep all branches at least 10 feet from other trees. Remember to clean under decks and keep foliage away from your house.

Zone 2

Within 100 feet of buildings, cut or mow the grass down to four inches or shorter. Remove fallen leaves, branches, cones and bark. On trees, remove branches at lease six feet from the ground.

Smoke Alarms

Make certain that all smoke alarms are in working order.

Fire Escape Route

Have an escape plan in place. Know how you're getting out and review plans with all family members including young children.

We all hope that we never have to deal with fire in our lives but being prepared, will make for the best possible outcome if we do have a fire. 

Wednesday, February 28, 2018

Who Lives in Seattle?

We have certainly seen many changes in Seattle in the past few years. The tech industry and growth of Amazon as well as many other companies  both tech and healthcare has created a population explosion and housing challenge for all of us here. Oh yes, and don't forget about the traffic problems.

The latest reports however show that Seattle is reaching some of it's density and transportation goals for downtown.

This infographic demonstrates how our commuters got downtown last year. This is certainly good news for other folks on the road as well as good news for the environment and downtown congestion.

Since 2010 downtown Seattle has added more than 60,000 new jobs.  We will certainly need more housing and will be grateful to have the new light rail links completed.

Here's to Seattle of the future!