2019 Exciting news!!

Happy New Year everyone! I hope 2019 is starting out, and will be, an amazing year for you and yours.

I am reaching out to you today to share some VERY exciting news. It has been wonderful to help so many families find homes, investment properties, save homes for those that needed it with my short sale and foreclosure knowledge and help others sell as they transition into something more comfortable for their changing lifestyle. I have been blessed by many of you referring me to your friends, family and colleagues. Thank you!

Life IS ever changing and because of the ever-changing nature of the real estate market, it’s imperative that my clients have the most up-to-date information available. My philosophy is that the market waits for nobody, and that’s why I pledge to go beyond the standard level of service even after your home has closed. I always want my clients to feel free, and comfortable, to contact me with questions, referrals for home repairs, or to just say hi!

With change in mind I am excited to announce that I have officially brought on an amazing, buyer’s specialist to assist me in providing the quality of service I want to give my clients and they deserve. Please help me in welcoming Britt Maltos to my team!

I am excited to partner with a Realtor who, like myself, is from Washington. I feel it gives us so much more knowledge of the neighborhoods we are helping families in. Britt grew up in Ballard and lives in Edmonds with her husband and kids. I grew up in Lynnwood and then the north Seattle area. My first apartment was in Ballard before moving to Redmond for many years and finally settling in the Everett/Snohomish area with my family.

I like to say we’re your local homegrown Real Estate team!

When you have Real Estate needs you want someone who knows the prospective area inside and out, someone who will not only find you the best property for your needs, but the best neighborhood as well. A team that can direct you to which loan product works best for you and knows of many that will save you money along the way.  A team that now gives CASH back to our local community heroes (firefighters, EMS, law enforcement, teachers, healthcare, and military) when they buy or sell a home with us. A team that is qualified to help seniors with downsizing or lifestyle changes and providing a senior discount (new)!

That’s where we come in: We can provide you with information that will inform your real estate decisions. So, rest assured that as long as you’re in the market, we are committed to be your neighborhood specialists and more.

Even if you are not considering buying or selling a home now, if any of your friends, family or colleagues express an interest and would appreciate the level of service we provide please, feel free, to give out our contact information. We would be happy to chat with them and promise to take great care of them.

Thank you, It is so rewarding to help families make their real estate dreams come true.

 

Homes For Heroes

Picture of who is elgible

I am privileged to announce that I have officially joined the Homes for Heroes organization in their mission to help heroes across the country save thousands of dollars in the process of buying or selling their home.

What is Home for Heroes?

Homes for Heroes is an organization that was formed after the tragic events of 9/11 as a way to say “Thank You” to the heroes of our nation. The Homes for Heroes organization is composed of a network of real estate professionals who are prepared to give real savings to those who serve their communities when they buy, sell, or refinance a home. This program is our way to say, “Thank you!”

Who qualifies as a hero?

Our core group of local heroes includes but is not limited to: Military personnel, Police Officers, Firefighters, First Responders, Educators, and Health Care Workers.  If you think you might qualify, please contact me and tell me about what you do for your community. When you are buying, selling or refinancing a home, let us say thank you for all that you do!

How much will I save?

The total amount you save will depend on the final selling or buying price of your home. Homes for Heroes Affiliate Realtors agree to rebate equal to 25% of the gross commission they receive on your transaction. Discounted lender fees are also offered on purchases and refinances with a Homes for Heroes lender. The savings can be thousands of dollars!

Are there a lot of extra applications, forms, and paperwork?

No! Homes for Heroes promises no extra forms, no red tape, no fine print, no hidden fees, and no catch!

Homes for Heroes offers me the chance to help our local community heroes achieve their dreams of home ownership.  If you are interested in taking advantage of this opportunity, please contact me for more info or you can register now at www.snohomishcountyheroes.com to get started.

facebook-post-2

 

Snohomish County Statistics July 2016

Snohomish County HomeSnohomish County HomeSnohomish County Home

Active Inventory

Prices are up 5% over last year same time July 2016 vs. July 2015

2141 brand new listings in July that is up 53 from last month. 2141 total active at the end of the month.

Pending Transactions

Up +3% July 2016 vs. July 2015

2079 units went pending last month that is 62 less however than June.  

Sold Transactions

+9% July 2016 vs. July 2015.

1673 units +11 more than last month

Days on Market

Snohomish County Active to pending 25 days vs. 36 a year ago. Incredible!

Median home price in Snohomish County $387,000!!

Median home price in King County $523,000. Snohomish county is gaining however the gap between King and Snohomish is growing.

Months of inventory

If no additional homes would be put on the market, there would be no inventory left after 1.25 months in Snohomish County. In King County that figure is 1.2 months. A balanced “normal” market is 3-6 months. Buyers’ market more than 6 and Sellers less than 3 months.

Area price % growth based on last Quarter

Bothell + 14%, Edmonds/Lynnwood +5%. Everett/Mukilteo +11%

Snohomish/Monroe + 11%. Lake Stevens/Granite Falls/Arlington/Darrington +7 %. Marysville +7%

New Construction is included in these percentages.  

July 2016 Market Characteristics:

  • Sellers: position your home to get premium pricing.
  • Buyers: need to be Buyer-Ready, Day-One™ to get a home in today’s market.
  • The market continues to be more intense than during the same time in year 2015.
  • Sales activity in King and Snohomish County is lower than a year ago but July 2015 was the best July on record. If we had more homes for sale, we would have had more sales activity.
  • There’s a severe shortage of homes for sale close to job centers. We are virtually sold out, and each new property on the market is getting instant action and most of the time multiple offers.
  • More new listings will lead to a higher level of sales activity.
  • Prices are increasing in the price ranges and the market areas where 90 percent of the sales activity is taking place, leading to premium pricing for sellers in those areas.
  • Interest rates continue to be in the upper threes.
  • Multiple offer everything
  • More new listings come on market from March through October than November through February.
  • More selection but also more intense.

 

30 Offers on one house???

Yep I am not kidding! See this house?

What a day yesturday! Put in an offer on a home in a HOT neighborhood for one of my investor clients and we were one of 30 offers! Yes, 30 I could not believe it!

I have been really rocking lately on getting homes for my clients in multiple offer situations but today I was humbled and reminded sometimes you can do everything possible and still not be the winning bid. I dont know exactly as of yet but, was told the winning offer was WAY over asking! It must have been because ours was too.

Sometimes this market is so crazy and just goes to show you what I have been saying lately there are more people looking earlier this year than I have seen in the last few years. So if you are in the market get out there soon because the best deals go very fast.

Or if your considering selling give me a call for a FREE Price Analysis anytime!

Here are some recent listings from my office and more coming. Its getting busy!

Remax Town Center Listings

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

Christmas Fun!

Countdown to Christmas 17 Days left

Countdown to Christmas Day 19

Saturday, December 7

Santa’s Coming to Mill Creek” Parade followed by Tree Lighting at City Hall Mark your calendars for Saturday, Dec 7, 2013 and please join Rotary of Mill Creek, Mill Creek Town Center & Mill Creek Parks & Recreation for the annual Parade/Tree Lighting at City Hall & Town Center Celebration.

This Saturday, December 7th, Santa is coming to the Mill Creek Town Center!

And dont forget after to check out the Tree lighting Event

Mark your calendar and please join Rotary of Mill Creek and Mill Creek Parks & Recreation for the annual Parade & Tree Lighting in Town Center. Parade begins at 3:30 pm on Main Street followed by the annual Tree Lighting at City Hall. A few highlights from the event include live music, performances by Jackson High School Drumline, Dickens Carolers, Cookie Decorating, Carriage & Wagon Rides, Train Rides, Santa & his Elves and even live Reindeer. Photo opportunities with Santa in Town Center following the Parade & Tree Lighting event – bring your cameras and add to your family memories.

Then come to our office (Remax Town Center) We will host a gingerbread house coloring contest from 4-7pm. Children can come in and Gingerbread Houses and join the contest! We will help them place their pictures in the window for display. A hot chocolate station and coffee station will be set up for refreshments.

Hope to See you there!

Location: North end of Main Street and end at Mill Creek City Hall

For more information, please visit: the City”s website at www.cityofmillcreek.com

 

6 financial steps that you should consider taking after buying your home

Congratulations you have finally closed on your home and are moving in! You thought the day would never come after all those little issues that may have come up. Finally you did it and you cant wait to make this house a home. 

Enjoy and I am so excited for you. Hopefully I was your agent. ( wink, wink)

There are however 6 financial steps that you should consider taking after buying your home and of course once you get settled in.

1- Consider setting some goals. This means budgeting. Think about what you want to do to your new home. New windows? Backyard need a face-lift? Putting a few dollars away here and there really adds up and come next summer you could be laying in a hammock admiring your handiwork and saying… Ahhhhhh.

2. Maintenance– It is true houses do cost money and you need to maintain your investment The average costs are 1% of the purchase price per year. For example a $250,000 house you should plan on saving and spending $2500 per year. Repairing or replacing items in your home is just a fact and the more you ignore needed repair items the more it will cost you in the long run.

By the way, change your furnace filters folks! I have seen way to many lately and it amazes me how people don’t realize they should change them every few months. Your breathing that dirty air.. Yuck. Not only that it could cause expensive repairs to the furnace.

3. Understand your policies– Once your settled in review that policy that you just accepted real quick to get the loan done. It may be a great one but most folks do not pay attention to all the details and now is a good time to go over. For example if a tree falls during a storm and takes out the shed is it covered? Also, now is the time to make sure you have enough life insurance. We don’t like to think about it but what happens if your spouse is in a accident and passes away? Can you afford making the monthly house payment by yourself?

4. Set up auto payments– Life is so crazy busy and even though I fought this for years thinking I would always remember to pay the bills on time I finally gave in and set up automatic payment for household bills. It really has been great for my family and I don’t stress anymore if I paid the light bill. Some even might give a discount for paying automatically. Doesn’t hurt to ask.

5. Emergency Fund- Always something isn’t it? Prepare for the unexpected. They say to have 8 months to a year worth of living expenses in savings. This is to include what you pay for your mortgage, utilities, cable, phone bills and other regular bills. I don’t honestly know that many people that have, or can, do this. After all those of us who have kids rarely have any left for savings. Seriously! Start by setting aside a small amount each month. You will be surprised how fast it does add up and you will be thankful for the extra cushion of cash down the road.  Just in case you notice the roof leaking.

6. Take your time in Decorating. Now for the funnest one. Don’t rush and decorate the house. You might regret it. Take time and live in the house; how you use things day to day and get a feel for everything. Then have a decorating budget, watch for sales and slowly buy things that you know you will keep around. I know its hard to wait but you will make smarter purchases that you will enjoy years down the road instead of it ending up in next years garage sale and someone offering you a $1 of it.

Although I inserted my own flare and added on to these tips there from the Costco Connection so you know their great tips…must give credit where credit is due. 

Happy Buyer in Bothell

Appealing home on a quiet cul-de-sac yet convenient to all ameniRyan   Client, Buyer

Jenifer knows how to take care of her clients. My wife and I saw about 15 properties with Jennifer before we found our new house. Throughout the whole process Jenifer was timely in her responses/updates. In the beginning part of the home buying process, the sellers initially agreed to have the HVAC system clean out. Then towards the end the sellers changed their minds and would not have the cleaning done. Jenifer went above and beyond and paid for the cleaning herself since she knew how important it was to our family and Jenifer did not have to do that. Now that we have our new house, Jenifer is selling our condo and I would recommend her to anyone! Thanks Jenifer!

The New Normal??

FOR IMMEDIATE RELEASE: May 6, 2013

Multiple offers are “the new normal” for housing market around Puget Sound

NWMLS, Kirkland, WA, May 6, 2013 – Northwest Multiple Listing Service members notched their highest volume of new listings since June 2011, but the additions did little to ease inventory shortages. Brokers also reported the highest volume of pending sales since May 2007, along with anecdotes of bidding wars.

“Multiple offers have become the new normal,” remarked MLS director Diedre Haines, the Snohomish County regional managing broker at Coldwell Banker Bain. “We have literally gone off the charts in absorption,” she stated, adding the dip in pending sales in that county “is all due to lack of inventory.”

Haines also reported low appraisals remain a problem as appraisers struggle to keep up with the fast paced activity and increasing values.

Northwest MLS figures support Haines’ observations. Brokers added 1,349 new listings to Snohomish County inventory during April, but that activity was outpaced by sales, with members reporting 1,500 pending sales in that county, slightly fewer than a year ago. Prices on sales that closed during the month surged more than 16 percent.

For the MLS market system-wide, new listings, pending sales, closed sales and prices rose compared to twelve months ago, but inventory across the 21 counties dwindled.

Members added 10,351 new listings during April, improving on the year-ago figure of 9,166 for a gain of 12.9 percent. At month end, with the additions, the selection of single family homes and condominiums totaled 19,826 listings, down about 21.6 percent from the year-ago figure of 25,291.

Area-wide pending sales of single family homes and condominiums (combined) rose 9.2 percent, from 8,790 mutually accepted offers to 9,600 transactions. That total is the highest since May 2007, when members tallied 9,743 pending sales.

Closed sales for April jumped nearly 20 percent, rising from 5,177 transactions a year ago to  6,209 completed sales. Year-over-year prices on those sales climbed 12.5 percent. A year ago, the median price for single family homes and condos (combined) that sold was $240,000. Last month, it rose to $269,950.

Through four months, closed sales are outperforming year-ago totals for same period by nearly 3,000 transactions. Haines believes the increase is an indicator “that lending restraints are beginning to ease and there are fewer and fewer short sale transactions being processed.”

Several factors are contributing to a “recipe for a frenzied May real estate market,” suggests John Deely, another member of the Northwest MLS board of directors. “The market pace has not subsided from previous months with low inventory and low interest rates being the primary drivers,” he stated. Also fueling the frenzy is the already fast pace market, news reports touting price increases of 9-plus percent both locally and nationally, positive job growth and record highs for the stock market, noted Deely, the principal managing broker at Coldwell Banker Bain in Seattle.

Prices will continue to rise as current market conditions are sustained, predicts J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. Among the conditions he mentioned are historically low interest rates, pent up buyer demand, and a shortage of available inventory.

Scott said rising prices are prompting questions from sellers on whether now is a good time to sell. In response to such questions, he advises sellers to assess their own situation, considering their plans to purchase another home, including where and what price range.

Prices for last month’s sales of single family homes (excluding condos) rose 12 percent. Area-wide the median sales price for April was $280,000, a $30,000 increase from a year ago. Among the 21 counties in the MLS report, King County had highest median price for single family homes. Last month’s 2,096 closed sales had a median price of $400,000. That’s about 11.1 percent more than the year-ago median selling price of $360,000.

Multiple offers are more commonplace, including in Kitsap County, brokers noted, even though year-over-year prices fell slightly (2.75 percent). A full price offer with an escalation clause is not uncommon on a newly listed home that is priced right, according to Frank Wilson, Kitsap district manager and branch managing broker for John L. Scott in Poulsbo.

“Buyers have to be ready to buy and have an approval in hand from their lender,” suggested Wilson, who also serves as a board member for Northwest MLS. Open houses are drawing crowds, he stated, adding, “Just as sellers had to work harder to get their homes sold a few years ago, today’s buyers have to work harder to succeed in this competitive market.”

Whether the market becomes more balanced may depend on listings. Northwest MLS figures show every county in its service area had year-over-year gains in new listings during April. “Let’s hope this is the start of a positive trend for inventory,” commented Mike Grady, the president and COO of Coldwell Banker Bain, but then added, “Considering the overall market landscape, it’s likely there won’t be enough sellers to fill buyer demand, at least for the short term.”

Gary O’Leyar, designated broker/owner of Prudential Signature Properties in Seattle, said buyers should consider altering their searching strategy, given the limited inventory. For the past six months in many neighborhoods, the supply has averaged around 1.5 months or less, often prompting bidding wars, he noted. “Despite multiple offers on any given listing, the result is only one sale,” O’Leyar remarked.

O’Leyar suggested buyers look at properties that have been on the market for an extended period of time, that meet their basic requirements, but that may need some work. “Oftentimes, getting a better priced property may mean looking outside the immediate metro market and into the nearby suburban markets. The best buys are not always the properties that are newly listed,” he emphasized.

Along with widening their search area, some buyers are adding a step to the process before engaging in competitive bidding. “We are seeing more and more buyers completing pre-inspections on homes they’re interested in,” reported MLS director Haines.

To accommodate demand, builders around the state appear to be ramping up their activity. Figures from one industry group show a surge in permit activity for January, its most current reporting period. The number of permits more than doubled from a year ago, from 969 to 2,213, according to a report from the Building Industry Association of Washington.

A comparison of permits shows a significant shift in the types of housing BIAW members plan to build. This year, the January permits were almost equally divided between single family homes (about 51.6 percent), and multi-family (about 48.4 percent). That compares to the year-ago proportion, when permits for single family homes accounted for about 77 percent of the activity.

While most of Washington is experiencing brisk activity, many areas of the country show only “modest movement,” according to the National Association of Realtors®.

In a news release accompanying NAR’s Pending Home Sales Index (an indicator based on contract signings), Lawrence Yun, NAR chief economist, said the market appears to be leveling off. “Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply. Little movement is expected in near-term sales closings, but they should edge up modestly as the year progresses,” he said. “Job additions and rising household wealth will continue to support housing demand.”

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 – April 2013

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

Total Active

# Pending Sales

# Closings

Avg. Price

Median Price

King

3,779

4,146

3,809

2,672

438520

$352,000

1.09

Snohomish

1,349

1,530

1,500

1,020

293010

$275,000

1.02

Pierce

1,517

2,835

1,671

916

242177

$217,000

1.70

Kitsap

577

1,387

482

281

269651

$233,310

2.88

Mason

188

690

84

62

162903

$136,975

8.21

Skagit

254

758

224

125

254396

$228,000

3.38

Grays Hrbor

181

781

93

50

104738

$91,975

8.40

Lewis

155

632

86

68

133711

$126,000

7.35

Cowlitz

162

422

114

80

152421

$138,500

3.70

Grant

152

495

91

49

183218

$175,294

5.44

Thurston

481

1,068

469

270

232588

$225,000

2.28

San Juan

84

368

16

16

492297

$362,000

23.00

Island

259

754

165

91

276178

$247,500

4.57

Kittitas

126

374

88

49

271642

$185,000

4.25

Jefferson

112

408

45

37

281369

$235,000

9.07

Okanogan

82

392

24

15

165960

$174,000

16.33

Whatcom

447

1,303

330

212

276733

$248,250

3.95

Clark

74

133

85

62

273026

$228,500

1.56

Pacific

91

384

42

25

114676

$105,000

9.14

Ferry

10

73

3

2

176250

$176,250

24.33

Clallam

123

387

61

42

206714

$190,250

6.34

Others

148

506

118

65

245819

$209,000

4.29

MLS TOTAL

10,351

19,826

9,600

6,209

333563

$269,950

2.07

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

__________ Copyright © 2013 Northwest Multiple Listing Service ALL RIGHTS RESERVED This material may not be copied, published, broadcast, rewritten or redistributed without prior permission.


SEARCH Discover

Print this article

NEWS & EVENTS
Announcements
Industry News
Monday Update
NWREporter
LEGAL LIBRARY
Arbitration/Discipl.
Forms Revisions
Laws/Ordinances
Legal Bulletins
Rules and Regs
Sign Ordinances

National Open House Weekend is Here!

Snohomish County Open House Weekend

Snohomish County Open House Weekend

This weekend is the National Open House Weekend on Saturday April 20th and Sunday April 21st we are going to see buyers out in full force and with recent inventory reported in Snohomish County as extremely low I am sure it will be a very busy weekend!

I personally will be representing one of my favorite builders at a couple of gorgeous homes in South Everett right on the Mill Creek Border so if you’re looking for your dream home it’s just been listed!

This builder is also currently building a small community in Bothell if you are looking in the Bothell area come and see the model homes in Silver Lake and get more information on both developments.

Saturday from 2-4–  12315 31st Ave SE, Everett 98208.GetMediaCAH9H6ZC

Sunday 12-2 at the Bothell location of 17726 86th Ave NE, Bothell 98011  Chase Court 1