Real Estate Market in Snohomish County is seeing double digit escalation offers: Need sellers!

Trying something a bit unconventional! 💡If you do not know how the Real estate market is right now I am going to take a quote🗣 from the MLS “The economics of scarcity are driving prices up at an unsustainable pace,” said Dick Beeson, managing broker 👩‍🏫at RE/MAX Northwest. “What will happen this spring and summer 🌞 will likely be more of the same. 🆘The real estate vortex we’re in of depleted inventory and high prices is real and unrelenting.” “If interest rates weren’t historically low, buyers would be unable to afford the escalating cost of housing,” suggested Beeson. “We’re feeling nervous about where this market is headed,” he said, adding, “Help is not on the way. Sellers are almost as rare as the dodo bird.” Although he noted the number of new listings🏡 coming onto the market has kept pace or even exceeded last year’s totals in some areas, (Not Snoho county) “new listings are immediately devoured by a plethora of waiting buyers.” The situation has buyers asking, “Am I paying too much?” 💸and sellers asking, “Can we ask more?” 💸That answer for both is “Yes,” says Beeson

Do you know Snohomish county does not even have 2 weeks of inventory? I listed a home in Marysville a few weeks ago and within 2 days I had 18 offers! Many waived everything and, I mean everything. The offer my sellers decided to accept? 140k over asking and covering the difference of a low appraisal! 👀 So why am I bothering you with this?👂We have 5 home buyers that we have been working to find homes and one family that currently has 7 family members living in the same townhome as they have special needs and we want to find them homes! We were just beat out of an offer that we put in for them. Our offer was 50k over asking and waiving all we could plus they would cover a 25k low appraisal. The offer that got it was $80k over list❗️❗️In almost 11 years in Real Estate I have never experienced anything like what is happening. I rarely do not get my clients the home they want on the first try but, right now there are to many buyers, low interest rates and not enough homes on the market to sell. So I am trying to think outside the box.🕵️‍♀️ If you happen to know of anyone thinking of selling within these parameters can you PLEASE consider having them contact me? 📞 Believe me I have scoped out everything online, even FSBO, and so I am reaching out.

✅ Local firefighter‍🚒Veteran wanting to use his VA loan for the first time. They are approved for up to 500k. They would love a small rambler w/garage and a bit of a yard. Flexible on area. Currently looking in Lake Stevens, Marysville and Arlington. 3-bed, 1.5 bath. Home does need to be in good condition for VA financing but if something is called out and if a little something is needed to push I will do it!

✅Family of seven. Multigenerational family with one of the parents being confined to bed permanently. We are trying to find a home that has 2, or potentially 2, living arrangements. A split maybe for parents to live downstairs and the younger families up? They have 2 small pet 🐐goats so no HOA neighborhood. Underwritten approved to 675k.

✅First time home buyer with 2 small kids and need a home they can keep their laying hens with them. No HOA against chickens. 🐓3 bed/ 1.5 bath with a garage detached or attached. Like homes with a bit of lot. Looking in Marysville, Granite falls, Arlington area. Underwritten approved to 500k.

✅First time home buyer couple. No kids yet but want to have a couple fur babies 🐕🐕‍🦺soon as they lost there two older ones in the last year. Underwritten approved to 570k, 3 bed, 2 bath. Like newer modern homes but not the zero lot line ones.

✅First time home buyer expecting their first baby in May. Underwritten approved to 425k. Flexible on location but prefer Everett and going east or north is okay. At least a 2 bedroom, 1 bath.

🔑This is not something I would normally do or ask but I want to do the best for my clients and never hurts to try right?

Please reach out if you know of anyone, wanting or thinking, about selling. That could help my buyers or another family that is looking for a home. ☎️

Thank you!!

Top 10 Rightsizing Tips for Seniors

Top 10 Rightsizing Tips for Seniors

Are you considering selling your home and retiring? Maybe somewhere warmer? We all know the main areas for retiring are Florida with many cities being ranked in the top 10. I was surprised to see Myrtle beach- SC, Ann Harbor MI, and Lancaster, PA in the top 10 and I did not see Arizona in the top 25. In fact it looks like they were #38 in the 2020 ranking. Times are changing for sure! Where do you think Washington ranked? We ranked 46 out of 50!

Over the years seeing Seniors in my church, neighbors and with my own parents I have seen many challenges as we age that make you decide to move. After struggling to help one family move that had many medical challenges I decided I need to learn more to help this population and is why I am proud to be an Seniors Real Estate Specialist (SRES). Helping those make a move that is more senior friendly and working with their family in taking the time they may need for their next adventure in life.

So where do you start when you are starting to consider a move and have lived in your current home for 20+ years?

1. Start with the easy stuff.

Eliminate anything that’s broken, damaged, or no longer wanted. Then, go to the out-of-the-way spaces like attics, crawlspaces, and garages. Progress in these “easier” parts of your home will help you build momentum and tackle the harder-to-decide areas.

2. Ask yourself,  “If this disappeared tomorrow, would I run out and replace it?”

If you wouldn’t miss it or need to replace it, it’s probably not worth keeping.

3. Don’t be a storage unit for others.

If friends or relatives have left things for you to store, it’s time to ask them to pick up their possessions—or arrange to have them shipped. You may need to be tough and set a firm deadline, after which you will donate the items.

4. Ask for help.

Although you can do much of this work on your own, a family member, a good friend, or even a professional organizer can help make the job more manageable.

5. Decide what’s important.

Pretend you are moving overseas, but you can only take a severely limited number of items because it costs a small fortune to ship them. What items belong on your list? These are the things that matter most to you!

6. Is this something from a lifestyle I no longer have or want?

For example, if you have three cabinets full of plastic containers, but only cook for one or two people, it’s reasonable to eliminate a few plastic sets—and dishes, pots, and pans.

7. Schedule a regular time each week—or several days a week—to work on rightsizing.

Realize that rightsizing is a life-changing marathon, not a sprint. You didn’t accumulate everything overnight, and you won’t sort it all out overnight, either.

8. Value what you keep.

The fewer things you keep, the more you will treasure and enjoy what you have, instead of tucking items away in a closet or stacked among dozens of other things. These are the select, meaningful items worth having in your personal space.

9. Prevent new collections from forming.

Instead of material gifts, ask people to spoil you by sharing time, enjoying new experiences, and helping you indulge in luxuries (spa certificates, imported chocolate, a musical or other theatre production, gift certificates for dinner out, etc.). In other words, ask for special treats that you love and want, but don’t always buy for yourself.

10. Use age to your advantage.

Now is a great time to give items to family members that you eventually want them to have. Take a photo (preferably a digital one) of your recipients holding their treasured gifts and create a scrapbook of “next generation” memories. These images can serve as powerful reminders of your most cherished items moving forward into posterity with the most special people in your life.

It takes time once you decide you want to start making the steps for a move. The average time frame I work with Senior sellers that have decided to move is a few months to a few years. I had one couple that I worked with for 3 years! They had been in their home for 32 years. Raised their kids and finally decided it was time to move into a ground floor condo with no steps and then go see the world. It takes time to navigate and sometimes many meetings to help them make decisions and keep them on their path. I helped with so many referrals and even some of the heavy lifting before we did the heavy selling. 🙂

Want more information on what a SRES can do for you? Visit the consumer site to learn about the value of working with a SRES and content with topics to assist you like Senior housing options, adapting your existing home and more.

The Home Connection Feb-2021