Real Estate news you can use!

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

New home sales hit highest level in 9 years! 

Millennials still believe in the homeownership dream even if they can’t afford to buy

Housing market across the U.S. finally starting to look healthy

MORTGAGE & FINANCE news

Salary needed to buy a home in 19 major U.S. cities

Tips for staying out of debt

Calculate how much house you can afford

HOME trends

King County’s eco-remodeling tool provide tips for going green for your next home renovation

Four colors that may hurt a home’s sales price

LOCAL news

7 percent of Puget Sound homes are underwater, compared with 12 percent nationally

A teardown a day: Bulldozing the way for bigger homes in Seattle, suburbs

BLS stats show Seattle-Tacoma-Bellevue is #7 Metro area for fastest job growth

What does Vancouver’s housing market implosion mean for Seattle?

seattle

Seattle home-sale market provides small hint of slowdown

You need an annual salary of $83K to afford a home in Seattle

Everett welcomes the film industry, an important economic driver for local businesses

WEEKLY DOSE OF awesomeness

Happy 100th Birthday U.S. National Parks

 

 I hope your week is a great one! 

Jen Murrweiss | Remax Elite | 425-422-7243

washington.jpg

Real Estate news and more

Happy Friday! I hope you enjoy this Real Estate round up of our area and other interesting articles plus some fun stuff too.seattle

REAL ESTATE news

Real estate getting bubbly but unlikely to pop, Seattle “is on fire across every sector

 

Number of million-dollar homes in Seattle area has tripled since 2012

U.S. existing home sales rise for a second straight month

MORTGAGE & FINANCE news

3 financial apps that will transform how you manage money

Will Millennials ever be able to retire?

The 7 biggest investment mistakes celebrities make

 

 fireplace

HOME trends

From ceiling space to playroom

10 tips for budget-friendly lawn care

7 weird ways to stay cool this summer

LOCAL news

Massive frozen food recall in Washington State

Seattle No. 3 on top 25 best cities to find great jobs

Seattle to host 2018 Special Olympics

Is Seattle a better bicycle city than Portland?

Seattle homes selling faster than anywhere else in the U.S.

Seattle growth was 11th fastest according to just released Census data, now 18th on list of biggest U.S. cities

Facebook unveils Frank Gehry design for its new South Lake Union offices

Snohomish County looking to increase bike tourism

Snohomish county offers top teacher salaries in the state

City of Edmonds to develop an affordable housing strategy by 2019

WEEKLY DOSE OF awesomeness

House made from cardboard for is not your kid’s refrigerator box

 

 Have a spectacular weekend everyone! 

#snohomishcountyhomes

 

 

 

Get out and enjoy the Pacific Northwest

The weather is ugly today so sitting here working on client files my mind started to wander to all the great things, activities and adventure that can be found in our great state and especially here in Snohomish County. So join me in checking out some ideas for fun stuff to do to either get out of the rain or have fun in it!

Things to do

Ski Washington  /  Ten Hikes in Snohomish County
Scuttlebutt Brewing Company  /Angel of the Winds Casino
Glacier Lanes Restaurant & Lounge  /Snohomish Golf Course
Imagine Children’s Museum  / Future of Flight Aviation Center
Flying Heritage Collection / Xfinity Arena
Wallace Falls State Park  /Monroe Historical Society & Museum
Evergreen Speedway / Mukilteo Lighthouse Park
Granite Falls Historical Museum / Blackman House Museum
Historic Everett Theatre /Boulder River Waterfall
Spencer Island  /Outdoor Adventures
Canopy Tours – Ziplining /Flowing Lake Regional Park
Snohomish Public Golf Club

movies

Or if you just cant stand the rain there are some great movies out this month.

The Forest
The Revenant
Norm of the North
Ride Along 2
The Benefactor

Friday, January 22, 2016

The 5th Wave
The Boy
Exposed

Friday, January 29, 2016
Kung Fu Panda 3
The Finest Hour

sports

How about those Seahawks? We love them win or lose and hey there is always next year? So for you sports fanatics

Football (Seattle)
Baseball (Seattle)
Minor League Baseball (Everett)
Hockey (Seattle)
Hockey (Everett)

COLLEGE
UW Huskies
Washington State Cougars

Whatever you do have fun and stay dry!

Jen Murrweiss ~Snohomish County Homes Real Estate

 

Countdown to Christmas and spotlight on homes~ December 10th

One of my favorite little cities here in Snohomish County is our spotlight home today. If you have you eaten in the town center or been down there for one of the holiday events you know why. I love Azuls.. num, num.

Mill Creek -$269,950 Rare Mill Run end unit condo w/2 car attached heated garage that has been newly update. Enjoy cooking in your new kitchen w/cherry cabinets, granite counters & loads of storage options. The slated entry welcomes you into the great room w/wood burning fireplace & the dining area w/slider on patio w/private natured serene setting. The upper level offers 2 bedrooms w/attached baths, vaulted master bedroom & balcony. Walk to trails, Town Center, Central Market, Library & all Mill Creek offers!

Mill Creek Mill Creek2 Mill Creek3

Holidays~

If you are looking for great places to take the kids don’t miss warm beach and The Lights of Christmas. We have gone the last 5 years in a row and my kids love it! Close to home and right here in Snohomish County it is sure to please.

Countdown to Christmas and spotlight on homes ~ December 5th

One of my favorite cities and where I grew up is Lynnwood. Boy has it grown. I remember when I was a kid we use to play around the swamp area right before they put in Alderwood mall and since Lynnwood high was right by the mall you could find me there some days instead of school – shhhhhhhh. Since I grew up in a split-level that is today’s spotlight home.

Lynnwood- $419,000– Great Location – walk to neighborhood schools, bus line and parks! Very Large Entertainment sized home with huge deck, multiple bonus/game rooms and fully fenced yard. Recent updates include, exterior paint, master bath, large addition to include bonus room, game room, office, utility room, full bath and wet bar area. 4 bedrooms/3 full baths & office could be made into a 5th bedroom if needed. Downstairs has mother-in-law potential. Double car garage, driveway, RV & boat parking. Welcome Home!

Lynnwood lynnwood1

Holidays~ Have you got your tree yet?

P U G E T S O U N D ———-U-cut tree farms

www.pscta.org | http://www.pickyourownchristmastree.org/

Arlington Farmer Brown’s Tree Farm | 12017 109th Ave NE | http://brownxtree.com/

Pilchuck Secret Valley Tree Farm | 9533 Mose Rd | www.pilchuckxmastrees.com

Auburn Pfaff’s U-Cut Christmas Trees | 29204 124th Ave SE | http://pfaffschristmastrees.com/

Trees ‘n Bees | 34747 162nd Ave SE | http://www.treesnbees.com/

Carnation Carnation Tree Farm | 31523 NE 40th St | http://www.carnationtreefarm.com/

Fall City Fall City Farms | 3636 Neal Rd | http://www.fallcityfarms.com/

Gig Harbor Mitchell’s Christmas Tree Farm | 6923 54th Ave NW | 360-851-2970

Issaquah Trinity Tree Farm | 14237 228th Ave SE | http://www.trinitytreefarm.com/

Enchanted Winds Tree Farm | 8021 Issaq-Hobart Rd | www.enchantedwinds.net

Lake Stevens Lochsloy Acres | 5511 SR 92 | http://www.lochsloyacres.com/

Maple Valley Three Tree Farms | 28033 SE 216th St | http://www.threetreefarms.com/

Monroe Sky Valley Nursery | 18318 SR 203 | www.skyvalleynursery.com

St. Nick’s Trees | 25211 74th Pl SE | www.stnickschristmastrees.com

North Bend Christmas Creek Tree Farm | 15515 468th Ave SE | http://www.yourchristmastree.com/

Crown Tree Farm | 13005 424th Ave SE | www.crowntreefarm.com

Puyallup Honeytree Farm | 7215 134th Ave E | www.honeytreefarm.com

Spooner Farms | 9710 SR 162 E | www.spoonerfarms.com

Redmond McMurtrey/Redwood Farms | 13925 Red.-Wood. Rd | www.red-woodfarm.com

Renton Country Tree Farm | 18225 116th Ave SE | http://www.countrytreefarm.com/

Snohomish Reade Christmas Tree Ranch | 7724 171st Ave SE | 360-862-8778

Tacoma Double 4 Tree Farm | 4217 E 72nd St | www.double4treefarm.com

Let’s Talk Turkey and Prep that Bird

Time for Turkey

Pre- Holiday Appliance Check

  • How to check oven temperatures: If you are worried about your oven not properly heating, you can quickly check it yourself. Buy an oven thermometer and place it in the oven. Set the oven thermostat to 350 degrees F. The oven should heat to between 325 degrees and 375 degrees. In most cases it is considered acceptable if the actual temperature is within 26 degrees of the set temperature. It is often possible to adjust the thermostat knob or to recalibrate the electronic range control if the oven is not reaching the right temperature.
  • Clean filters make for a more efficient Dishwasher: Filters protect the pump and motor seals. Many dishwashers have a filter located under the spray arm, near the bottom of the appliance. The filter can get clogged with sediment from hard water, food residue, or even detergent build-up. It is important to check the condition of the filter to make sure it is intact, has no holes in the screen and if free of debris. If the filter has been damaged you can purchase an inexpensive replacement.
  • Say goodbye to a smelly garbage disposal: If your kitchen doesn’t smell its best, check your garbage disposal. Food particles easily collect inside the disposal blades. The fact that you frequently run water through your disposal isn’t enough to prevent this collection of food debris. Freshen up a disposal by grinding half a lemon or lime.

Quick Fixes for Cooking Calamities

  • Don’t have buttermilk? Use plain yogurt or thinned sour cream or creme fraiche instead. Or add 1 tablespoon lemon juice or white vinegar to 1 cup mild and let stand 5 minutes.
  • No dry bread crumbs? Just get some bread, tear it up into small chunks, saute in a skillet with a little butter until browned.
  • No eggs? If its for baking, substitute 1/4 cup applesauce for 1 egg.
  • No sweet potatoes for a casserole, soup or gratin-type dish? Use butternut squash or pumpkin
  • No granulated sugar? For every 1 cup needed, use 3/4 cup confectiners’ sugar or 3/4 cup honey.
  • No parchment paper? Use brown paper or waxed paper (not over high heat), or just grease and flour the pan.
  • No kitchen twine to truss the turkey? Use unwaxed, unflavored dental floss.

Avoid the Plummer! Did you know the day after Thanksgiving is the busiest day for plumbers? You can avoid an emergency call to the plumber by following these DONT’S

  • DON’T overload the garbage disposal with large amounts of starchy foods.
  • DON’T place heavy foods like pasta, potatoes, rice or coffee grounds in the disposal.
  • DON’T place stringy foods such as celery or rhubarb in the disposal; the strings are hard on the disposal blades. Use the garbage can instead! Better yet put them in the compost bin.
  • DON’T dump grease directly down drain- it solidifies in the drain! That included poultry skins.

http://www.snohomishcountyhomesinc.com

 

Get Outside This Fall and Winter!

The other day as I was driving my sons to school, my middle son was complaining that he hated this time of year and the cold and rain. He said he wished we could move from our home in Snohomish County to Arizona where Grandpa and Grandma are now and where it’s always sunny and warm (when he was younger he use to say Arizona was “shiny”) My youngest piped in and said “Oh no you better think about this! You know how mom is always saying get outside and blow some stink off? If we lived in Arizona we would never get to play XBox!

As I smiled in the front seat and tried to contain my laughter I thought yes, Arizona is nice and I do love the sunshine but, I think in the Pacific Northwest we appreciate the sun more. We search for outside activities for when it is nice outside, regardless of the time of year, so we can run out and enjoy the beauty this great state of Washington has to offer.

 

So I say to all of you- Go outside and blow some stink off!

And here is a great list of ideas and links from parks to hikes and everything in between.

Want more? How about the Best of Western Washington winners? For ideas on where to eat, shop and play? Check these locals out and it will be sure to be a wonderous fall!

http://www.snohomishcountyhomesinc.com

 

National Real Estate News

Posted: 24 Jul 2014 09:31 AM PDT

The new home sales report for June – combined with the downward revisions for previous months – was very weak.

The Census Bureau reported that new home sales this year, through June, were 225,000, Not seasonally adjusted (NSA). That is down 4.3% from 235,000 during the first half of 2013 (NSA).

Maybe sales will move sideways for a little longer, but remember early 2013 was a difficult comparison period. Annual sales in 2013 were up 16.3% from 2012, but sales in the first four months of 2013 were up 26% from the same period in 2012!

New Home Sales 2013 2014

Click on graph for larger image.

This graph shows new home sales for 2013 and 2014 by month (Seasonally Adjusted Annual Rate).

The comparisons to last year will be a little easier in Q3, and I still expect to see year-over-year growth later this year.

And here is another update to the “distressing gap” graph that I first started posting several years ago to show the emerging gap caused by distressed sales.  Now I’m looking for the gap to close over the next few years.

Distressing Gap

The “distressing gap” graph shows existing home sales (left axis) and new home sales (right axis) through June 2014. This graph starts in 1994, but the relationship has been fairly steady back to the ’60s.

Following the housing bubble and bust, the “distressing gap” appeared mostly because of distressed sales.

I expect existing home sales to decline or move sideways (distressed sales will slowly decline and be partially offset by more conventional / equity sales).  And I expect this gap to slowly close, mostly from an increase in new home sales.

Note: Existing home sales are counted when transactions are closed, and new home sales are counted when contracts are signed. So the timing of sales is different.

 
New Home Sales decrease to 406,000 Annual Rate in June

Posted: 24 Jul 2014 07:13 AM PDT

The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 406 thousand.

May sales were revised down from 504 thousand to 442 thousand, and April sales were revised down from 425 thousand to 408 thousand.

Sales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.1 percent below the revised May rate of 442,000 and is 11.5 percent below the June 2013 estimate of 459,000.

New Home Sales

Click on graph for larger image.

The first graph shows New Home Sales vs. recessions since 1963. The dashed line is the current sales rate.

Even with the increase in sales over the previous two years, new home sales are still close to the bottom for previous recessions.

The second graph shows New Home Months of Supply.

New Home Sales, Months of Supply

The months of supply increased in June to 5.8 months from 5.2 months in May.

The all time record was 12.1 months of supply in January 2009.

This is now in the normal range (less than 6 months supply is normal).

“The seasonally adjusted estimate of new houses for sale at the end of June was 197,000. This represents a supply of 5.8 months at the current sales rate.”

New Home Sales, Inventory

On inventory, according to the Census Bureau:

“A house is considered for sale when a permit to build has been issued in permit-issuing places or work has begun on the footings or foundation in nonpermit areas and a sales contract has not been signed nor a deposit accepted.”

Starting in 1973 the Census Bureau broke this down into three categories: Not Started, Under Construction, and Completed.

The third graph shows the three categories of inventory starting in 1973.

The inventory of completed homes for sale is still low, and the combined total of completed and under construction is also low.

New Home Sales, NSA

The last graph shows sales NSA (monthly sales, not seasonally adjusted annual rate).

In June 2014 (red column), 38 thousand new homes were sold (NSA). Last year 43 thousand homes were also sold in June. The high for June was 115 thousand in 2005, and the low for June was 28 thousand in 2010 and 2011.

This was well below expectations of 475,000 sales in June, and sales were down 11.5% year-over-year.

#nationalrealestatenews  #snohomishcountyhomesrealestate
Information obtained from http://www.calculatedriskblog.com