Smokin Hot Deal in Bothell

I was out previewing homes for some of my clients yesterday and I came across this “smokin hot” deal in Bothell that I just had to let you know about. Desirable Waterbook home features a gorgeous kitchen with hardwood floors, tile back splash, and stainless appliances, master suite with walk-in closet and 5 piece bath, upstairs laundry, gated community, and easy access to 405, I-%, shopping, dining and North Shore school District!  This is a bank owned home and eligible for 3% down. Hurry it will go fast!!!!
 

Check the Schools before Buying a Home!

In honor of the kids going back to school soon, which I have to say is the happiest time of year for this working mom, here is a great video. For those considering purchasing a home it is so true to check the schools. Even if you dont have kids someday, you may want to sell and that will give you leverage. Under this video is a link to all the schools in our and every state. You can see them all based on ranking or on the left use the drop down to see in a particular district. Happy shopping for those school supplies!

End of Summer Fun in Snohomish County

End of Summer Fun!


The Fair Starts today! We are there tommorrow enjoying the Monster Trucks! 
Evergreen State Fair 8/22- 9/2– One Free Gate Admission till 1pm with 3 cans of food per person on Friday 8/23

Bumpershoot Festival August 31- 9/2
Chateau Ste. Michelle Concert- Chris Issak, Saturday @ 7 pm 8/24
And  One Republic & Sara Bareilles- 9/2
Woodland Park Zoo Tunes- Brandi Carlile Thursday 22-23, 5 pm. www.zoo.org/zootunes

Concerts in the park
Marymoor Willie Nelson & Family. Friday, 7 pm- 8/23

Till August 23, Fridays 6:30-8 pm. Bothell Music in the Park Concert Series

North Creek Field #3- 19015 N. Creek Pkwy

Through August, Thursday’s, 7-9 p.m Marysville Sounds of Summer Concert Series Jennings Memorial Park  6915 Armar. RD. Marysville

Through August Saturdays, p.m- Marysville Popcorn in the Park Outdoor Cinema Series Jennings Memorial Park

 
 

Hit the Beach!!

Jetty Island Days– 10th St. & W. Marine View Dr. Everett- Till September 2, Every Day, Hours vary

 
Brackett’s Landing Main St. & Railroad Ave. Edmonds, WA 98020/ 425-771-0230

Marina Beach Park 470 Admiral Way South Edmonds, WA 98020

Meadowdale Beach Park  6026 156th SW. Edmonds, WA 98036

Kayak Point Regional Park 15610 Marine Dr.  Stanwood, WA 98292

Mukilteo Light House Park 609 Front Street. Mukilteo

 Go to the Lake

Thornton A. Sullivan Park and Lake 11405 Silver Lake Rd. Everett 98208

Flowing Lake Park 17900 48th SE Snohomish, WA 98290/ 360-568-2274

Martha Lake 16300 E Shore Drive Lynnwood, WA 98037/ 425-741-8357

Gissberg Twin Lakes 16324 Twin Lake Marysville, WA 98223

Lake Goodwin Community Park 4620 Lakewood Rd. Stanwood, WA 98292

Lake Roesiger Park 1608 S. Lake Roesiger Rd. Snohomish, WA 98290

Jordan Bridge 14300 Jordan Rd. Arlington, WA 98223/ 360-435-3441

River Meadows Park.  20416 Jordan Rd. Granite Falls, WA 98252

Riverscene  Jordan Rd. Granite Falls, WA

Squire Creek Park 41415 State Road 530 Arlington, WA 98223/ 360-435-3441

Twin Rivers Park 8003 SR-530 NE Arlington, WA 98223

  Not nice outside? Take them to the pool!

McCollum Park Pool 600 128th St SE Everett, 425-357-6036

Lynnwood Recreation Center 18900 44th Ave W. / 425-776-9173

Mountlake Terrace Recreation Pavilion 5303 228th St. SW 425-776-9173

Forest Park Pool  800 E Mukilteo Blvd, Everett/ 425-257-8309

 Museum Fun in Snohomish County

Flying Heritage Collection 3407 109th St. SW Everett 206-342-4242. www.flyingheritage.com

Big Event! Vintage Aircraft Weekend 8/31- 9/2

Edmonds Historical Museum 118 Fifth Ave N. Edmonds, 425-774-0900. www.historicedmonds.org

Imagine Children’s’ Museum-  Every 3rd Friday of the month its Free!! 5:30- 9:00 pm

1502 Wall St. Everett, 425-258-1006. www.imaginecm.org

Monroe Historical Society Muesum, 207 E. Main St. Monroe, 360- 217-7223. www.monroehistoricalsociety.org

 Upcoming in September
 
6-8th Mukilteo Lighthouse Festival www.mukilteolighthousefestival.com.

6-22 Puyallup Fair-Western WA Fairgrounds www.thefair.com

20-22 Fremont Oktober Fest- Seattle. www.festseattle.com

28-29th– Italian Festival Seattle. www.festaseattle.com
 
Most Importantly Have Fun and Enjoy all Snohomish County and the Puget Sound have to offer!!
 
 

 

 

 

 

 

 

 

Short and Sweet Real Estate News

 

 
Why is now a great time to buy and sellers to sell?
The combination of still historically low interest rates, pent up buyer demand and shortage of available homes is leading the way for a great 2013.  Rates were the lowest in January at 3.41% and currently are approximately 4.6%.  Buyers are definitely getting eager with interest rates creeping up a bit and they are being very quick to purchase well priced, well positioned homes.  Lenders are also recommending to get your interest rate locked in as soon as you can as they have been up and down lately. 
Because of the shortage most will find themselves in multiple offer situations. Put your best foot forward first!  I just got the winning offer on a home for my clients that had 5 offers! You must be quick and act fast. Obviously the home is priced to market standards if there are multiple offers so don’t try to go in under price or you will lose out and be hitting the pavement again. 
Prospective sellers are finally making a decision to sell.
This is Great News! 
Prospective sellers have watched closely trying to weigh in on the market and if the time is right for a move. The season started very early this year and we saw more and more homes coming on the market with double digit increases in June.  Even with this increase most areas are showing around a 2 month inventory. Snohomish County showing around 1.6 and King County 1.5.  Keep in mind a healthy market according Industry analysts is around a 6 month supply. This promotes a balance and is neither a buyers or seller’s market. 
I have not seen it this way in a long time and definitely with the lack of inventory-  
It is a seller’s market!
 
Builders around the area have sprung into action as I am sure you have seen the new home developments going up everywhere. They are ramping up activity and building single family and multi-family equally. Permit applications have more than doubled in most counties compared to this time last year. New homes that are completed are selling very fast and pre-sale inventory is also moving quickly due to lack of inventory.
Only time will tell if this trend is going to continue into the last quarter of 2013 but,if you ask me and many other Realtors around Snohomish County we think it will and hopefully won’t let up anytime soon.

Stuff the Bus Snohomish County!

I am a proud mom of 3 boys, 2 of which attend the Everett School District. I support my boys school and my district. 

Lets help all kids start out the school year with the supplies they need!

 
Stuff the Bus Aug. 16-18

Each summer, the Everett Public Schools Foundation conducts a massive school supply drive to fill backpacks for students needing that support to succeed in school.

Last year, the Foundation gave more than 1,700 stuffed backpacks to our students. Be sure to watch for blue bins in businesses around the community throughout August — and big yellow buses outside select locations from Aug. 16-18 to help Stuff the Bus for kids!

Stuff the Bus for Kids!!
Every donation helps! Our goal this year is to provide 1,650 stuffed backpacks for our students throughout the 26 schools in the Everett School District. 

 
Big yellow buses will be staged on August 16th, 17th and 18th to drop off donations:
 

  • QFC at 2615 Broadway Ave., Everett
  • QFC at 4919 Evergreen Way, Everett
  • Safeway at 5802 134th Place S.E., Everett
  • Fred Meyer at 12906 Bothell-Everett Hwy, Everett
  • Central Market at 15605 Main Street, Mill Creek

 
Donations accepted during business hours in August at: Northwest Plus Credit Union, 2821 Hewitt, Everett

 

Here is a list to help you if your not sure what to buy or donate.


Anything will be greatly appreciated!

Stuff the Bus for Kids bin locations – 2013
  • Coastal Community Bank – 10520 19th Ave SE, Everett, WA  98208
  • Coastal Community Bank – 2817 Colby Ave., Everett, WA  98201
  • Everett School District office – 4730 Colby Ave., Everett, WA  98203
  • Everett School District – Human Resources – 3715 Oakes Ave., Suite 202, Everett WA  98201
  • Everett AquaSox – 3802 Broadway, Everett, WA  98201
  • Everett Public Library – 2702 Hoyt Ave., Everett, WA  98201
  • Evergreen Branch Library – 9512 Evergreen Way, Everett, WA  98203
  • Frontier Communications – 1800 41st St., Everett, WA  98201
  • Lovsted-Worthington Insurance – 18704 Bothell Way NE, #200, Bothell, WA  98021
  • Marysville/Anderson Insurance – 901 State Ave., Marysville, WA  98270
  • McClain Insurance – 10410 19th Ave SE, #100, Everett, WA  98208
  • Molina Healthcare – 21540 – 30th Dr. SE, Suite 400, Bothell, WA  98021
  • Mosaic Insurance Alliance – 2122 – 164th St. SW, Suite 301, Lynnwood, WA  98087
  • Olympic Physical Therapy – 4220 Hoyt Ave., Everett, WA  98201
  • Port Gardner Winery – 2802 Rockefeller, Everett, WA  98201
  • Robert D. Gregg & Sons Inc. – 1133 – 164th St. SW, Suite 3103, Lynnwood, WA  98087
  • Snohomish County Assessor’s Office – 3000 Rockefeller Ave., 3rd floor Admin. East, Everett, WA
  • Structural Design Associates – 2802 Rockefeller, Everett, WA  98201
  • Whitfield United  – Leavitt – 3425 Broadway, Everett, WA  98201
So please if you can pick up something for the kids. Anything will help and drop it off at any of the numerous locations! Have a wonderful weekend everyone. 
 

          Snohomish County Homes of the week

          As a Realtor every Morning I go through the new for sale listings in the Snohomish County area. This is so important as the inventory is low and if there are new homes on the market that meet my clients criteria I need to get them out to them ASAP! We cant waste any time! With that said its only Wednesday but, I can say its been a very crazy productive week. I had 4 offers on a short-sale listing I have, put in an offer for a first-time home buyer and out of five offers we got it! 
          Yesterday I showed up to a new listing in Bothell with another client and the line of cars with Realtors and clients was so long you couldn’t even turn around in the driveway. Crazy! I knew this one would go fast and I know what my client is looking for so I had all the paperwork ready to go just in case. He did want to put in an offer so we signed right in this truck. I am happy to report that I was just informed that we got that one too! 
          Hard work, perseverance and taking care of your clients really does pay off. Okay, I also like to think a bit of luck too. 
           
          In my morning routine there are also homes that really stand out to me due to price, location or just incredible beauty. These are my picks for the week:

          This stunning home newly listed in Edmond’s for $3,475,000 with over 5800 sq. ft. to roam. Breathtaking views!

          Lake Stevens Bank Owned almost 1800 sq. ft. and a steal at under $250K.
          Someone needs to buy this one quick and water the grass!

          Murray Franklin Snohomish Home newly listed at $674,995. 
          This stunning 5 bedroom 4030 sqft home sits back on a greenbelt for privacy and luxury living.

          I hope you like my picks for the week and if you want any additional information or want to see just let me know.

          www.snohomishcountyhomes4u.com

          Snohomish County lineup of FUN for the weekend

          Mt Rainier

          Mount. Rainier- Shot taken by a viewer and posted to King 5 Facebook page. What a gorgeous picture!

          Ahhhh I love summer don’t you? The weather has been great here in the Northwest and I even read that we are having the best summer in the country! I believe it since everywhere I drive I see license plates from almost more states than I see Washington Plates. I have also heard that we have the jobs and everyone is moving here. Of course, I am happy about this and look forward to helping more families make a smooth move to our beautiful state!

          With all this sun and our great events going on in August go enjoy all our beautiful area has to offer!

          This weekend for example brings one of my favorites. I grew up going to this festival every summer. Its the The Taste of Edmonds which runs from 11 a.m. to 10 p.m. Friday and Saturday and from 11 a.m. to 7 p.m. Sunday at the Civic Playfield, 310 Sixth Ave. N, Edmonds.

          I wish I could go but my kids have been up in Lake Sammish for camp this week and I have to pick them up. I don’t think they will want to go anywhere this weekend. After all I can just see their faces since they have not had any Xbox time for a week!

          Another great event this weekend, and as a animal lover I must share, is the Mutt Strutt. The event goes from 10 a.m. to 2 p.m. Saturday at Langus Riverfront Park, 400 Smith Island Road., Everett.

          There is seriously something for everyone this weekend!

          •The Stillaguamish Festival of the River and Pow Wow is Saturday and Sunday at River Meadows County Park in Arlington.
          •The Marysville Street Festival will showcase local produce, artisans, musicians and artists along Third Street on Friday, Saturday and Sunday.
          •A show of fuchsias is from 11 a.m. to 5 p.m. Saturday and Sunday at Country Village in Bothell.
          •The Collectors Car Show and Outdoor Market will be at the Camano Center at 606 Arrowhead Road on Saturday from 10 a.m. until 3:30 p.m.

          This is just a brief run down of what I saw happening from the Weekend Line-up at the Everett Herald for Snohomish County.

          Earlier in the summer I gave everyone these two links that I have been using faithfully all summer for whats happening so I can keep my poor bored kids engaged for the summer. Here they are again. Go, See, Do From the Everett Herald. Also, scroll down on the page for the Splash link to fairs, festivals and more.

          Want to go down to Seattle this weekend? Great fun happening all over the Northwest.

          Seattle’s Summer guide from the Local Seattle Times News.

          Enjoy your weekend!

          http://www.snohomishcountyhomes4u.com/

          Your Weekend Line up of Fun

          Mount. Rainier- Shot taken by a viewer and posted to King 5 Facebook page. What a gorgeous picture!

          Ahhhh I love summer don’t you? The weather has been great here in the Northwest and I even read that we are having the best summer in the country! I believe it since everywhere I drive I see license plates from almost more states than I see Washington Plates. I have also heard that we have the jobs and everyone is moving here. Of course, I am happy about this and look forward to helping more families make a smooth move to our beautiful state! 

          With all this sun and our great events going on in August go enjoy all our beautiful area has to offer!

          This weekend for example brings one of my favorites. I grew up going to this festival every summer. Its the The Taste of Edmonds which runs from 11 a.m. to 10 p.m. Friday and Saturday and from 11 a.m. to 7 p.m. Sunday at the Civic Playfield, 310 Sixth Ave. N, Edmonds.

          I wish I could go but my kids have been up in Lake Sammish for camp this week and I have to pick them up. I don’t think they will want to go anywhere this weekend. After all I can just see their faces since they have not had any Xbox time for a week!

          Another great event this weekend, and as a animal lover I must share, is the Mutt Strutt. The event goes from 10 a.m. to 2 p.m. Saturday at Langus Riverfront Park, 400 Smith Island Road., Everett.

          There is seriously something for everyone this weekend!

          • The Stillaguamish Festival of the River and Pow Wow is Saturday and Sunday at River Meadows County Park in Arlington.
          • The Marysville Street Festival will showcase local produce, artisans, musicians and artists along Third Street on Friday, Saturday and Sunday.
          • A show of fuchsias is from 11 a.m. to 5 p.m. Saturday and Sunday at Country Village in Bothell.
          • The Collectors Car Show and Outdoor Market will be at the Camano Center at 606 Arrowhead Road on Saturday from 10 a.m. until 3:30 p.m.

          This is just a brief run down of what I saw happening from the Weekend Line-up at the Everett Herald for Snohomish County.

          Earlier in the summer I gave everyone these two links that I have been using faithfully all summer for whats happening so I can keep my poor bored kids engaged for the summer. Here they are again. Go, See, Do From the Everett Herald. Also, scroll down on the page for the Splash link to fairs, festivals and more.

          Want to go down to Seattle this weekend? Great fun happening all over the Northwest.

          Seattle’sSummer guide from the Local Seattle Times News.

          Enjoy your weekend!
          www.snohomishcountyhomes4u.com
           

          Snohomish County Home Of The Week

          Pride in ownership shows in this beautiful 1722 sf, home. Fully upgraded with today’s discerning buyer in mind. 3 bdrm, 2.5 bath home features quality finishes not commonly found in the area. Kitchen is a cook’s dream with warm maple cabinets, slab granite counters & bar, recessed lighting, maple hardwood floors, stainless steel appliances. Enjoy the amenities of A/C., heated tile floors in the master bath, new composition roof in 2008.Good size lot at .160 ac / 6,969 sf. Newly Listed at $329,00 This wont last long!!

           Enjoy the view of Blackman’s Lake from your front porch. 

          If your would like more pictures or information please feel free to contact me. 

          Northwest Real Estate News

          News from NW Multiple Listing Service

          FOR IMMEDIATE RELEASE: July 3, 2013

          Northwest MLS brokers say market stays “extremely competitive;” some industry experts believe “housing affordability may never be better”

          NWMLS, Kirkland, WA, July 3, 2013 – Current market conditions  ̶ including rising mortgage rates, tight inventory and declining unemployment  ̶  are driving even more buyers into what is already an “extremely competitive housing market,” reported OB Jacobi, a member of the board of directors for Northwest Multiple Listing Service.

          New figures from the MLS show pending sales during June jumped 10.6 percent from twelve months ago as buyers scrambled to lock in loan rates and bid on a limited supply of homes. Members in the 21 counties served by Northwest MLS reported 9,484 mutually accepted offers last month, outgaining the year-ago number of pending sales by 907 transactions.

          “In June, our brokers reported anywhere from 2-to-7 offers on homes in the lower to mid-price ranges,” said Jacobi, president of Windermere Real Estate Company in Seattle. He noted interest rates for 2013 reached a new high in mid-June – “a result of improved confidence in the U.S. economy. And now, with Seattle’s jobless rate below 5 percent we expect even further pressure on housing as new workers move to the area,” he added.

          “Multiple offers situations are almost old news,” remarked Frank Wilson, an officer on the Northwest MLS board. He recommends sellers prepare to deal with multiple offers by discussing a strategy with their broker when they list their home. Buyers should consider writing offers that may be above list price and contain an escalation clause, Wilson suggests.

          While would-be purchasers jostled for acceptance of their offers during June, 7,318 newly-minted homeowners took possession of their home. That volume of closed sales compares to 6,214 completed transactions for the same month a year ago for a 17.8 percent increase.

          For the first six months of 2013, the year-to-date number of completed transactions totaled 35,115, surpassing the figure of 29,777 for mid-year 2012. That equals a 17.9 percent year-over-year increase.

          Prices continue to rise. The median price for last month’s closed sales area-wide was $279,950, which is about 9.8 percent higher than the year-ago figure of $255,000. Three counties reported double-digit price gains on sales of single family homes and condominiums:  Kittitas (up 17 percent); Snohomish (up 14.4 percent) and King (up 10.1 percent).

          Single family home prices (excluding condominiums) rose more than 8 percent, from $268,162 to $290,000, while condo prices spiked 17.3 percent (from $183,350 to $215,000). In King County, the median sales price on last month’s closed sales of single family homes (excluding condos) was $427,500, up 12.5 percent from June 2012 when the selling price was $380,000.

          Inventory shortages persist, with only about 2.5 months of supply system-wide. Both King and Snohomish counties have less than 1.4 months of supply.

          MLS members added 10,806 new listings to its database during June, improving on the year-ago total of 9,104 additions. At month end, inventory stood at 23,581 listings, which is down 11.2 percent from the year-ago selection that totaled 26,545 properties.

          “With higher interest rates and potentially going higher, more resale listings are coming on the market,” observed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. “Many potential sellers are now realizing if they are going to purchase another home, they will be purchasing at a higher interest rate, so they are choosing to move forward now,” Scott continued. “The additional inventory is appreciated by the backlog of buyers trying to purchase a home, though we are still in a quick action market. “

          An industry expert whose career dates to 1976 said he’s been through many “hot markets,” but never one quite like the current one. “I’ve never seen the in-city market so stressful for buyers because there is such intense competition on anything priced well,” said Mike Skahen, a past chairman of the Northwest MLS board and the just-retired owner/designated broker at Lake & Co. Real Estate in Seattle.

          Commenting on the current market, Skahen said what’s relatively new is buyers doing pre inspections before they make their offer so it is not subject to inspection. “Often, buyers are even waiving financing and risking low appraisals where they have to make up the difference in cash,” he reported. He cited an example of a Wallingford listing priced around $650,000 that drew 14 offers and 12 pre inspections. “It’s common to have six or seven offers and five pre inspections so the inspectors are thrilled, but the buyers and agents hate it. This was not nearly as common in past hot markets but now it’s become typical.”

          “We desperately need more properties to sell to satisfy the current demand,” said Mike Gain, president and CEO of Prudential Northwest Realty Associates. Despite shortages, Gain said “on-the-fence” buyers are jumping into the market now to lock into today’s low interest rates at today’s prices before they rise further,” which is expected. “Today’s buyers may never see a better time to purchase a home,” he added.

          Several brokers commented on rising interest rates:

          • “Higher interest rates gouge into buying power,” said MLS director Frank Wilson. “That decreases a buyer’s ability to purchase a home,” he explained, noting interest rates have gone up more in the past 30 days than they have over the past three years. An interest rate increase of .75 percent on a $350,000 home will cost a buyer $30,000 in affordability, he explained, adding, “If buyers still qualify this will jump their monthly principal and interest payment by $247. For an economy that is not yet firing on all cylinders that is real money to the average family.”
          • “In Kitsap we are seeing buyers who are in contract and did not or could not lock loans that are now not able to qualify for the house they want to buy,” reported Wilson, the Kitsap district manager at John L. Scott Real Estate and branch managing broker for its Poulsbo/Kingston office. “The importance of locking a loan rate has not been an issue over the past few years but today a loan lock may save a buyer’s ability to buy the home they want.” He also called short sales “especially challenging” because many lenders will not lock a loan rate until the short sale bank on the seller’s side has approved the sale.
          • Commenting on rising interest rates, Prudential’s Gain emphasized they’re still at historically low rates. “I am hopeful they will remain stable for a short time before they begin to rise more. Last month’s 1 percent increase in interest rates cost the average homebuyer $100 per month. As rates and prices continue to rise, this trend will continue. Now is the time to buy a home!”
          • MLS director Darin Stenvers expects rising interest rates will contribute to a tight market and some relief for short sellers. “As interest rates slowly creep up buyers should note that the movement of a ½ of 1 percent rise in interest rates will mean about a 5 percent loss in the maximum loan amount. Combined with the slow rise in home pricing that means a tight market for homes that are near or under the median prices in all markets at least through summer.”

          Stenvers, the office managing broker for John L. Scott in Bellingham, also noted homeowners who were under water are benefiting from the recovering market. “These owners are seeing their home price slowly rise to a position where many of them are no longer required to do a short sale. Sellers who can now sell with the long delay of short sales are able to ride the lower interest rate tide that is also helping buyers get the monthly payments they desire.”

          • “The recent rise in interest rates has definitely brought more buyers into the market but, the inventory remains so low we have not seen a significant increase in sales,” reported MLS director Diedre Haines. Coupled with depleted inventory in Snohomish County, where she is regional manager broker for Coldwell Banker Bain, she described conditions as an “uber seller’s market.”
          • “In talking with local lenders it appears that more first time buyers are entering the fray, anxious that they might get priced out of the market either through actual property price increases or interest rate increases,” said Dick Beeson, principal managing broker at RE/MAX Professionals in Tacoma.
          • Gain compared the certainty of a fixed rate loan with renting. “Homeownership is even more attractive today when one compares the monthly cost to own to what is paid for rent. When you purchase with a fixed rate mortgage your monthly payments stay the same while the monthly cost of rent will likely continue to increase.”
          • “Today’s buyers know the current environment presents a huge value,” stated Ken Anderson, president and designated broker at Coldwell Banker Evergreen Olympic Realty in Olympia. “They are eager to jump into the market to lock in both low prices and borrowing rates. These savvy shoppers know how rising interest rates impacts purchasing power. As a result, it will be a busy summer in Northwest home sales.”

          Northwest MLS brokers emphasized both buyers and sellers need to be realistic in today’s market.

          “I would caution sellers that it is still possible to over price a listing by anticipating automatic price appreciation in this market,” said Gary O’Leyar, owner and designated broker at Prudential Signature Properties. He believes the best marketing strategy is to “price realistically within the price range of current active competing listings and within recent sales that have closed — and not add dollars to a listing price by automatically assuming incremental appreciation.”

          “Sellers should still be concerned about over pricing their homes,” Stenvers cautioned, saying some markets will handle over pricing, but others will not. “If buyers are not coming to see a new listing, it means they cannot afford it or don’t feel the home is worth the asking price. Today’s buyers seem to be very patient and well educated about comparables in their market.”

          Stenvers is also detecting a shift in buyer expectations. “Buyers today seem to be content with smaller homes and less stressed financial futures. They seem to be turning back to a time where sweat equity and affordable home improvement projects that will benefit them now and in the future are more popular.”

          Tacoma broker Beeson said sellers — never ones to be blind to an obvious advantage — have come out swinging, asking more money than they thought possible just a short year ago.” He believes some will make the critical mistake of pricing so far above the market that “they aren’t really in the market, because an outlier today will not sell, even in this market.”

          Commenting on reported increases in all cash offers, along with price hikes and depleted inventory, Haines said buyers that have been trying for months are becoming more frustrated and fatigued. But unlike the heated market of 2005-2006, she said sellers are not always taking the highest offer “due to continuing appraisal issues.” Instead, they are focusing more on terms, amount of down payment, buyer’s financing letter of approval, closing dates and amount of earnest money.”

          O’Leyar offered encouragement to buyers who feel real estate prices have eluded them. “They should look out a little further and broaden their search parameters by one more freeway exit or consider a nearby suburban community. It is surprising how much difference in home prices a few miles or a different zip code can make. Be open minded to broader area possibilities.”

          Northwest Multiple Listing Service, owned by its member real estate firms, is the largest full-service MLS in the Northwest. Its membership includes more than 21,000 real estate brokers. The organization, based in Kirkland, Wash., currently serves 21 counties in Washington state.

          ###

          Statistical summary and sources quoted follow.

          Statistical Summary by Counties: Market Activity Summary – June 2013

          Single Family Homes + Condos LISTINGS PENDING SALES CLOSED SALES MONTHS SUPPLY
          New Listings

           
          Total Active

           
          # Pending Sales

           
          # Closings

           
          Avg. Price

           
          Median Price

           
           

          King

          4,138

          5,284

          3,900

          3,046

          $465,027

          $383,000

          1.35

          Snohomish

          1,540

          2,030

          1,488

          1,159

          $302,809

          $284,900

          1.36

          Pierce

          1,572

          3,230

          1,523

          1,118

          $251,310

          $217,000

          2.12

          Kitsap

          526

          1,479

          463

          384

          $293,076

          $244,500

          3.19

          Mason

          174

          803

          105

          60

          $197,687

          $155,500

          7.65

          Skagit

          249

          822

          202

          173

          $257,251

          $226,600

          4.07

          Grays Hrbor

          177

          827

          120

          66

          $125,478

          $111,000

          6.89

          Lewis

          141

          707

          111

          52

          $149,762

          $139,750

          6.37

          Cowlitz

          150

          464

          137

          91

          $159,292

          $140,000

          3.39

          Grant

          140

          590

          76

          69

          $178,806

          $150,000

          7.76

          Thurston

          482

          1,208

          425

          341

          $237,406

          $225,000

          2.84

          San Juan

          43

          426

          27

          10

          $402,550

          $288,250

          15.78

          Island

          229

          882

          175

          124

          $321,643

          $260,000

          5.04

          Kittitas

          114

          469

          73

          60

          $252,143

          $213,000

          6.42

          Jefferson

          95

          501

          55

          45

          $274,702

          $270,000

          9.11

          Okanogan

          81

          474

          46

          22

          $224,354

          $160,500

          10.30

          Whatcom

          487

          1,548

          322

          275

          $277,870

          $248,000

          4.81

          Clark

          69

          171

          49

          59

          $248,717

          $223,900

          3.49

          Pacific

          89

          469

          39

          25

          $108,670

          $95,000

          12.03

          Ferry

          6

          73

          3

          2

          $205,000

          $205,000

          24.33

          Clallam

          112

          461

          57

          53

          $200,982

          $170,000

          8.09

          Others

          192

          663

          88

          84

          $222,745

          $199,450

          7.53

          MLS TOTAL

          10,806

          23,581

          9,484

          7,318

          $347,235

          $279,950

          2.49

          4-County Puget Sound Region Pending Sales (SFH + Condo combined) (Totals include King, Snohomish, Pierce & Kitsap counties)

            Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
          2000 3706 4778 5903 5116 5490 5079 4928 5432 4569 4675 4126 3166
          2001 4334 5056 5722 5399 5631 5568 5434 5544 4040 4387 4155 3430
          2002 4293 4735 5569 5436 6131 5212 5525 6215 5394 5777 4966 4153
          2003 4746 5290 6889 6837 7148 7202 7673 7135 6698 6552 4904 4454
          2004 4521 6284 8073 7910 7888 8186 7583 7464 6984 6761 6228 5195

          2005

          5426 6833 8801 8420 8610 8896 8207 8784 7561 7157 6188 4837

          2006

          5275 6032 8174 7651 8411 8094 7121 7692 6216 6403 5292 4346

          2007

          4869 6239 7192 6974 7311 6876 6371 5580 4153 4447 3896 2975
          2008 3291 4167 4520 4624 4526 4765 4580 4584 4445 3346 2841 2432
          2009 3250 3407 4262 5372 5498 5963 5551 5764 5825 5702 3829 3440
          2010 4381 5211 6821 7368 4058 4239 4306 4520 4350 4376 3938 3474
          2011 4272 4767 6049 5732 5963 5868 5657 5944 5299 5384 4814 4197
          2012 4921 6069 7386 7015 7295 6733 6489 6341 5871 6453 5188 4181
          2013 5548 6095 7400 7462 7743 7374            

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