The latest in real estate-related and community news (and a bit of awesomeness). 

WIRE FRAUD alert– Home-buyer loses $31,000 in mortgage closing scam

REAL ESTATE news

U.S. existing home sales rise in March, inventory remains tight.

How self-driving cars could affect the real estate market.

Cities with the largest home price gains since the Recession.

Rents are rising at the fastest pace in two years.

MORTGAGE & FINANCE news

6 personal finance habits everyone should get into

Millennials will spend about $93,000 on rent by the time they are 30

10 hard truths about buying a home

HOME trends 

Second-time homebuyers would rather have a laundry room than a living room

Ways to reduce your carbon footprint

When solar panels make sense…and when they don’t

LOCAL news

Washington has nation’s highest ranked economy

Seattle homes sold at fastest pace ever, says Zillow

A peek into the modern homes of Seattle April 28

Will spring showers bring relief to area homebuyers?

King County continues to lead in home price growth

Developer plans to restore Edith Macefield’s ‘Up’ house in Ballard

We’re on track for the wettest April in Seattle history

Waterfront tunnel tolling scenarios

Snohomish PUD drops plan for hydroelectric plant

Startup Urban Herd is ride sharing for horse-lovers

A new waterfront hotel breaks ground in Everett as the Marina makeover gets underway

Average home sale price in Edmonds now at $670K

Seattle sending Boise its economic boom and the accompanying issues as well

800px_COLOURBOX2590232Researching schools and school districts? Ratings and Reviews. WA State School Report Cards – grading and stats for districts and individual schools
National Center for Education Statistics – grading and stats for schools and colleges
Private School Review – search and find information on private schools
Public School Review – important information on public schools
Great Schools – information and reviews on public and private schools
School Digger – search for schools and compare ratings and scores

WEEKLY DOSE OF awesomeness

Light Rail for cars? There’s a road in Sweden that recharges your electric vehicle while you’re driving  See it in action here:

 

 

NEW Listing! Lynnwood Rambler

Best buy in the neighborhood! Come quick & see this turn-key rambler with a one year home warranty that is sure to go fast. Large (10,454 sq ft) fully fenced backyard w/sports court & lots of room to entertain. Gas heat to keep you cozy plus a bonus room of 265 sq ft not included in records with a .5 bath. Light & bright kitchen with white retro cabinets, dining area and custom built in hutch. Fireplace ready for your gas insert. Good size bedrooms all w/hardwood floors. Newer exterior/interior doors, updated electrical, carpet is newer with hardwoods underneath. Roof done in 2007. Perfect location in Lynnwood close to everything you want & need! Full tour and info

News you can use

Check out these articles for great information about our community and our local real estate industry. 

 **RED ALERT** WIRE FRAUD IS AN EPIDEMIC

San Antonio Homebuyer loses $25,000 to wire fraud

news4sanantonio.com
SAN ANTONIO – Born one day apart, Jayna Gibbs and her husband fell in love and got married at 28. But this last summer her husband died suddenly and unexpectedly …

REAL ESTATE news

More than half of Seattle homes sold for over asking in 2017

Housing markets around the country are competitive, but one study shows just how outrageous the bidding wars have become in some of the country’s most expensive …

And from King 5 

If you’re selling your home, you have a good chance of making more than you’re asking.

Why women earn less equity in their homes than men

The disparity in home equity remains because women still make less money than their male counterparts. Wage inequality impacts credit score, spending power and much more.

MORTGAGE & FINANCE news

6 things that could make your property taxes rise

Everything from home sales in your area to home improvements can make your property taxes increase—here are the most common factors

Seattle startup will front your new home down payment when you Airbnb your extra room!!

Buying a quality, affordable house has quickly become a pipe dream in premium markets, especially for Millennials looking for a starter home in tech-heavy …

HOME trends

Why now might be the right time to add a new living space to your home

realestate.usnews.com
Got family that needs a place to stay or looking for some extra income? An accessory dwelling unit may be the answer for homeowners who need some additional space for …

Take a tour of the 2018 HGTV Dream home in Gig Harbor

Some people can buy their dream home. But this dream home in Gig Harbor could be yours for free. “This is the very first-time HGTV has ever done a home in Washington …

LOCAL news

Seattle’s housing market inventory remains low, even for winter

seattle.curbed.com
There are 20 percent fewer homes on the market than this time last year, says Zillow

Community

Resources to help keep kids safe in Snohomish County

myedmondsnews.com
John F. Kennedy once said, “Children are the world’s most valuable resource and its best hope for the future.” As parents, educators, and supportive adults, we all want to make sure that our children are as safe from harm as possible. In my years of work as a mental health clinician, I have heard numerous …

13th Annual Groundfrog Day in Snohomish set for January 27

Thayer Cueter announces Snohomish Slew’s “frognostication” at the 2016 GroundFrog Day. SNOHOMISH — Snohomish Slew is so much more than a handsome face and at …

Snohomish youth football team to appear at NFL Pro Bowl

Alaska Airlines to fly to 8 cities from Everett’s Paine Field

komonews.com
EVERETT, Wash. – Thousands of residents north of Seattle will soon have a new travel option for flying to out-of-state destinations along the West Coast.Seattle-based Alaska Airlines announced Tuesday it will offer 13 nonstop departures to eight cities eve

Rents decrease across the region including Edmonds

myedmondsnews.com
Rents are dropping significantly across the Seattle area for the first time this decade — including rents in Edmonds. That’s according to a story from our online …

WEEKLY DOSE OF awesomeness

Washington’s Winter Olympians have their own museum!

I hope you enjoy this edition of NEWS YOU CAN USE.

Snohomish County Statistics December 2017

December is known for being on the cold side and a sign of a slowing Real Estate market as everyone starts to enjoy the holidays. Not this year however! December was smoking hot. A new record of 16 days inventory pushed buyers to snatch up everything they could and quickly.

Active Inventory

 -2% December 2017 vs. December 2016

781 available homes currently on market -347 vs. last month.

Pending Transactions

-4% December 2017 vs. December 2016

1255 units -336 vs. last month

Sold Transactions

+12%!!! December 2017 vs. 2016

1516 units +101 than last month

Days on Market

Snohomish County Active to pending 34 days vs. 39 a year ago. Up 4 days from last month (normal with the holidays).

Median home price in Snohomish County 448,000 +12% last year.  Up $4,000 from last month.

Area price % based on last Quarter

All percentages are up and also include new construction

Bothell + 20%, Edmonds/Lynnwood +15%. Everett/Mukilteo +10%

Snohomish/Monroe+ 17%. Lake Stevens/Granite Falls + 15%.  Marysville +13%

King County Median home prices are $611,000 + 15% over last year and up $27k from last month.

Woodinville area Median price is $678!!

Of the more than 3,100 counties across the U.S., none saw a bigger net increase than Pierce and Snohomish in movers from other counties. Is this a reflection of people being priced out of King County?96961280-1033-11e7-92dc-5affb0e7ac5c