Top Housing Predictions for 2014

The market is heating up and even though I don’t always agree with Zillows “Zestimates” I do believe they are very accurate about the predictions for 2014 Housing Market. Rates are going up! My advice to those that are waiting to buy a home? If you are seriously thinking this year as they year~ start looking sooner than later. If you also take a look here in the Puget Sound Region we are #2 for the hottest market areas. All over its HOT and especially in Snohomish County. In the last week I have put in a total of 6 offers for clients and all were multiple offer situations. Knowing the tricks to secure the home you want over all the other offers take an experienced agent that will due their due diligence. If you need help please feel free to contact me! 

Image

Image

Image

Image

AMAZING property! 4.62 ACRE New Home in beautiful Gated Community of Machias

17331 59thFull Gallery of Pictures Click Here

Contact info:
Jenifer Murrweiss | RE/MAX Town Center Mill Creek | 425-422-7243

AMAZING property! 4.62 ACRE New Home in beautiful Gated Community of Machias

17331 56th St NE, Snohomish, WA 98290

$529,000

KEY FEATURES
Year Built: 2013
Sq Footage: 3477 sqft.
Bedrooms: 4 Beds
Bathrooms: 3 Baths
Floors: 2
Parking: 4+ Garage | Guest parking
Lot Size: 4.62 Acres
Property Type: Single Family House

DESCRIPTION


AMAZING property, 4.62 ACRE lot in beautiful Machias!! Gated Community of Pilchuck Highlands; Home features 4 bedrooms, main floor den/office, (could easily be 5th main floor bedroom) 2 3/4 bath, entertainment sized kitchen with granite counters, SS appliances, formal dining room, bonus and laundry room upstairs. ~ you will LOVE this builder’s attention to detail! 2-10 Warranty Included. You will not be disappointed and will fall in love immediately!

PROPERTY FEATURES


  • Living room
  • Dining room
  • Walk-in closet
  • Master bath
  • Family room
  • Storage space
  • Stove / Oven
  • Dishwasher
  • Microwave
  • Garbage disposal
  • Stainless steel appliances
  • Balcony, Deck, or Patio
  • Yard
  • Lawn
  • Central heat
  • Central A/C
  • Ceiling fans
  • Double pane windows
  • Cable-ready
  • High-speed internet
  • Wired
  • Hardwood floor
  • Tile floor
  • Granite countertop
  • Fireplace
  • High / Vaulted ceiling

COMMUNITY FEATURES


  • New property
  • Secured entry
  • Gated property
  • Guest parking
  • Off-street parking
  • Covered parking
  • Garage – Attached
  • RV parking

ADDITIONAL LINKS



Contact info:
Jenifer Murrweiss
RE/MAX Town Center Mill Creek
425-422-7243

Posted: Jan 29, 2014, 10:26pm EST

Will Your Roof Survive the Winter?

 

Winter months can be so cruel to your roof. If your roof fails, it can cause great expense, significant damage and wasted time and money. With winter in full swing, give your roof a quick check-up to ensure that your home is protected.

Here are some warning signs that your roof may be costing your money and leaving your vulnerable.

  • Dirty-looking areas on roof– possible cause: environmental pollutants; vegetation, fungus or algae; loss of granules due to shingle age or over excessive pressure washing.
  • Missing, cracked or curling shingles-possible cause: shingles at the end of their useful life.
  • Leak in attic after driving rain-possible cause; leaky or inadequate shingle underlayment or deteriorated flashing.
  • Blistering/peeling of outside paint– possible cause; excessive temperature or high humidity due to poor attic ventilation.
  • Stains on interior ceilings/walls or mold and mildew growth– possible cause; inadequate or faulty shingle underlayment allowing leakage or inadequate ventilation
  • Excessive energy costs– possible cause: insufficient attic ventilation allowing heating/cooling system to run excessively.

If you notice any of these warning signs, consider using a professional roofing contractor. Many people neglect their roof or think roofing installation is simple. As a Real Estate professional that sees houses day in and day out, and loves to follow around the inspectors, I can tell you the roof is always the first thing that is checked and 7 out of 10 times needs repairs, replacement of shingles or worse.

A well-installed, well-maintained roof is one of the most important things your can do for your home.

www.snohomishcountyhomes4u.com

 

Short and Sweet Mortgage & Real Estate News you can use~ for the Puget Sound Region

28151068_01

Thanks to one of the wonderful Title and Escrow companies I use here are some great tips and articles I wanted to forward to all my readers. Great information!

MORTGAGE & FINANCE news

Tips for preparing your 2013 taxes:

Top 10 Mortgage Tips for 2014:

King County home prices rise 10.5% for 2013:

REAL ESTATE news

Why 2014 is a good year to buy a home:

Dont forget I am here when you are ready to buy or sell!

Tips for downsizing:

LOCAL news

Steady job growth in 2014

Have a wonderful Wednessday! Half way through the week already…… and GO HAWKS! 

www.snohomishcountyhomes4u.com

Home of the Week

Now that the holidays are over the listings newly coming on the market is picking up! 

In December I would see only 20 listings a day coming on the market as of  today there are already 116! Great news for buyers and potential sellers considering making a move. Prices do rise in the spring so now is the perfect time! I have 3 picks this week that I think are stand-out homes. Drum roll please…….

First we have a beautiful Silver Lake 2-story home with central location. New gourmet kitchen with granite counter tops and tile backsplash, stainless steel appliances included, attached family room with eating bar, and cozy gas fireplace. Large master bedroom with walk in closet, attached bathroom with dual vanities. New paint inside and out, all new carpet and flooring. 2 car garage. New roof. House is next to green belt for privacy. House is move-in ready and staged. Lots of extra parking in front.

Priced at $324,950

The second home I chose is a beautiful rambler in Snohomish. With 2400+ SF open floor plan w/4 bdrms, 4 bths incl. 5 pc master bath w/jetted tub. Heated floors, wood stove, newer roof, windows, flooring & appliances. Hot tub, 25X50 detached shop w/living quarters. House is wired for generator. Well maintained, fully fenced yard. Corner lot w/driveway access from two sides. 10,000+ SF gravel parking. Private, serene setting w/walking trails, pond/year round wildlife. Private community access to Pilchuck River. 15 min to Everett. The picture does not do it justice!

Priced at $459,900 

Great 4 bed 2.25 bath home in Woodinville! Fenced yard with deck & RV parking. Walk-in closet & master bath. Hardwood floors & wood cabinetry. New carpet, int/ext paint, doors, dishwasher, fence. Roof cleaned. This Bank owned home under 350K in Woodinville is a definate steal! 

Priced at $339,000  

 Want any information on these or other homes? I am here for you!  Please feel free to contact me.

Winter Coziness and Home Tips.

“Winter is time for comfort and warmth, it is a time for home” Edith Sitwell

Just a few hightlights of warmth for this month

Check out Zillows cozy cabins and rustic fireplace designs they look all so heavenly!

And with all this coziness I just have to add a “Did you know”?

Of about the 350 million cans of chicken noodle soup of all commercial brands sold annually in the United States, 60 percent is purchased during the cold and flu season. January is the top-selling month of the year!

Today January 10th is National Cut your Energy Costs Day. Here are a few energy tips and Winter Home Maintenance Tips for this Winter. Do these first and then enjoy a cozy fire! 

Maintenance TIPS Winter

YOUR HOME may be the biggest investment you make. Proper house maintenance

ensures a safe and comfortable environment for you and your family. Here are helpful tips

and reminders of chores you may have overlooked for preparation this winter season.

Clean faucet aerators and showerheads.

Clean refrigerator drain pan and vacuum condenser coil.

Clean kitchen exhaust fan filters.

Vacuum bathroom vent fan covers.

Clean dishwasher food filters and check that openings in spray arms are clear.

Examine caulk and grout in shower, repair as needed.

Clean and seal grout.

Exercise (turn on and off) plumbing shutoff valves. Just in case you may need to in an emergency.

Exercise circuit breakers.

Test relief valve on water heater.

Vacuum smoke detectors, heating registers, vents, ducts and radiators.

Clean out dryer vent duct.
 
These will save energy and ensure a safe home!
 
 

US. Housing Price Appreciation and Real Estate News

Real Estate News

In 2013, the housing markets with the biggest increases in asking prices were all rebounding from severe price drops in the housing bust. Home prices are still in rebound mode, but this effect will weaken in 2014. Job growth, in contrast, mattered little for price gains in 2013 but helped drive rent increases.

In December, the year-over-year increase in asking home prices slowed for the first time since the price recovery began in early 2012: prices rose 11.9% year-over-year in December, compared with November’s 12.2% year-over-year increase. Asking prices rose 0.4% month-over-month, seasonally adjusted, the third straight month of gains less than 1%.

Overall, regression analysis shows that recent price gains are most strongly associated with the severity of the local housing bust. Markets where prices fell most during the bust (roughly 2006 to 2011, but varies by metro) offered bargains for investors and other buyers who have helped bid prices back up over the past two years. A second important factor is foreclosures: adjusting for other factors, metros with a higher foreclosure inventory today – including many in Florida – have slower price growth. Job growth, however, had little impact on local home price gains in 2013: the relationship between job growth and price gains was positive but not statistically significant.

Therefore, year-over-year price gains in December 2013 are still primarily a reaction to the housing bust, but this rebound effect is fading as we enter 2014. Looking at the quarter-over-quarter price changes throughout 2013, the relationship between the severity of the housing bust and the recent price recovery was stronger earlier in the year than later in the year. More specifically, the correlation between peak-to-trough price change (FHFA) and the Trulia Price Monitor quarter-over-quarter change was -.59 in March; -.45 in June; -.43 in September; and -.33 in December. This correlation is moving closer to zero, which signifies that the rebound effect is fading. As the housing market continues to recover, factors other than the rebound effect – like job growth – will matter more for price gains. That means slower but more sustainable price increases.

Note: These asking prices are SA (Seasonally Adjusted) – and adjusted for the mix of homes – and this suggests further house price increases, but at a slower rate, over the next few months on a seasonally adjusted basis.

From Trulia chief economist Jed Kolko: The Post-Crash Rebound, Not Job Growth, Drove 2013 Price Gains

Interactive Chart

Please take a look at this great interactive PDF with a map and average home price appreciation info for the entire United States by clicking  through to this link, you’ll find the US Map and much more state specific data in an interactive version.

US Housing app

We hope you find this information useful and never hesitate if you would like to see more or would like more information.

http://www.snohomishcountyhomes4u.com

 

 

US. Housing Price Appreciation and Real Estate News.

Real Estate News

In 2013, the housing markets with the biggest increases in asking prices were all rebounding from severe price drops in the housing bust. Home prices are still in rebound mode, but this effect will weaken in 2014. Job growth, in contrast, mattered little for price gains in 2013 but helped drive rent increases.

In December, the year-over-year increase in asking home prices slowed for the first time since the price recovery began in early 2012: prices rose 11.9% year-over-year in December, compared with November’s 12.2% year-over-year increase. Asking prices rose 0.4% month-over-month, seasonally adjusted, the third straight month of gains less than 1%.

Overall, regression analysis shows that recent price gains are most strongly associated with the severity of the local housing bust. Markets where prices fell most during the bust (roughly 2006 to 2011, but varies by metro) offered bargains for investors and other buyers who have helped bid prices back up over the past two years. A second important factor is foreclosures: adjusting for other factors, metros with a higher foreclosure inventory today – including many in Florida – have slower price growth. Job growth, however, had little impact on local home price gains in 2013: the relationship between job growth and price gains was positive but not statistically significant.

Therefore, year-over-year price gains in December 2013 are still primarily a reaction to the housing bust, but this rebound effect is fading as we enter 2014. Looking at the quarter-over-quarter price changes throughout 2013, the relationship between the severity of the housing bust and the recent price recovery was stronger earlier in the year than later in the year. More specifically, the correlation between peak-to-trough price change (FHFA) and the Trulia Price Monitor quarter-over-quarter change was -.59 in March; -.45 in June; -.43 in September; and -.33 in December. This correlation is moving closer to zero, which signifies that the rebound effect is fading.

As the housing market continues to recover, factors other than the rebound effect – like job growth – will matter more for price gains. That means slower but more sustainable price increases.

Note: These asking prices are SA (Seasonally Adjusted) – and adjusted for the mix of homes – and this suggests further house price increases, but at a slower rate, over the next few months on a seasonally adjusted basis.
 
  
 
 
Interactive Chart
 
Please take a look at this great interactive PDF with a map and average home price appreciation info for the entire United States by  clicking  through to this link, you’ll find the US Map and much more state specific data in an interactive version.

We hope you find this information useful and never hesitate if you would like to see more or would like more information.  

 
 
 

Happy New Year January’s Newsletter

Happy New Year Everyone!
Well I have to admit I have been a bit slow getting back in the swing of things! It is however a New Year and time to make it a great one! I want to thank my wonderful Home Buyers and Sellers of last year and I look forward to assisting more first time home buyers, those that are ready to make a move to our great state or those that may want to up-size or down-size.
Regardless of “why” I am here to help you with the “how” and “when.”  To get it done and make your dream of home ownership a reality!
January
January1